Centennial Resource Development, Inc. (PR) Tops Q3 EPS by 21c, Misses on Revenue

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Permian Resources Announces Strong Third Quarter 2024 Results and Increased Full Year Guidance

November 6, 2024 4:22 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced its third quarter 2024 financial and operational results and revised 2024 guidance.

Recent Financial and Operational Highlights

Reported crude oil and total average production of 160.8 MBbls/d and 347.1 MBoe/d during the quarter Announced cash capital expenditures of $520 million, cash provided by operating activities of $954 million and adjusted free cash flow1 of $303 million Continue to drive operational efficiencies, resulting in reduced cycle times and lower well costs Reduced D&C... More