Permian Resources Q2 profit rises to $792 million; raises 2026 oil guidance
Permian Resources reported second-quarter 2026 oil and gas sales of $1.86 billion and net income attributable to Class A common stock of $792 million, up from $1.20 billion and $207 million a year earlier. The company raised the midpoint of its 2026 oil production guidance to 199.0 MBbls/d and its cash capital expenditure range to $1.9–2.0 billion, citing higher working interest and acquisitions. The board also declared a $0.16 per share quarterly base dividend.
Key points
- Oil and gas sales were $1.86 billion for the quarter, versus $1.20 billion in the second quarter of 2025.
- Diluted earnings per share were $0.93, versus $0.28 a year earlier.
- 2026 oil production guidance midpoint raised to 199.0 MBbls/d; cash capital expenditures range set at $1.9–2.0 billion.
- Acquisitions totaled $1.05 billion year-to-date; third quarter base dividend of $0.16 per share is payable September 30, 2026.
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 August 05, 2026.
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.