Permian Resources Q4 oil and gas sales rise to $1.3 billion; diluted EPS falls to $0.29
Permian Resources reported fourth quarter 2024 oil and gas sales of $1.3 billion, up from $1.1 billion a year earlier, while Class A diluted earnings per share fell to $0.29 from $0.51. For full year 2024, sales reached $5.0 billion and diluted EPS was $1.45, compared with $1.24 in 2023. The company also issued 2025 guidance calling for production of 360,000 to 380,000 Boe/d and a capital budget of $1.9 billion to $2.1 billion.
Key points
- Q4 2024 net income attributable to Class A common stock was $216.7 million, versus $255.4 million in Q4 2023
- Full year 2024 oil and gas sales were $5.0 billion, versus $3.1 billion in 2023
- 2025 guidance: 360,000 to 380,000 Boe/d production and $1.9 billion to $2.1 billion cash capex
- Quarterly base dividend declared at $0.15 per share, payable March 31, 2025
The filing
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 February 25, 2025.
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