AI brief of an SEC Form 8-K · Permian Resources (PR)

Permian Resources Q3 profit rises to $386 million; production guidance raised

Positive Impact 4 of 5 earnings Written later

Permian Resources reported third quarter 2024 results, with net income attributable to Class A common stock of $386.4 million, up from $45.4 million a year earlier, and oil and gas sales of $1.2 billion, up from $758.5 million. The company raised its full-year 2024 production guidance midpoint for the third consecutive quarter and declared a quarterly base dividend of $0.15 per share, a 150% increase over its prior base dividend. The company also amended its credit agreement, extending the revolving maturity date to February 18, 2028.

Key points

  • Q3 2024 net income attributable to Class A common stock was $386.4 million, versus $45.4 million in Q3 2023; diluted EPS was $0.53, versus $0.13
  • Oil and gas sales were $1,215.6 million for Q3 2024, versus $758.5 million for Q3 2023
  • Full-year 2024 oil production midpoint raised to 158.5 MBbls/d and total production midpoint raised to 341.0 MBoe/d; no other guidance ranges changed
  • Quarterly base dividend of $0.15 per share payable November 22, 2024; Eighth Amendment extends the revolving maturity to February 18, 2028 with a $2.5 billion aggregate elected commitment

The filing

CompanyPermian Resources (PR)
Form8-K, current report
Filed with the SECNov 6, 2024, 4:34 PM ET
Accession number0001658566-24-000105

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.