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Permian Resources Announces Strong Fourth Quarter 2024 Results and Provides Full Year 2025 Plan with Increased Capital Efficiency
February 25, 2025 4:13 PM ESTMIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced its fourth quarter and full year 2024 financial and operational results and 2025 operational plans.
Fourth Quarter 2024 Financial and Operational Highlights
Reported crude oil and total average production of 171.3 MBbls/d and 368.4 MBoe/d Announced cash capital expenditures of $504 million, cash provided by operating activities of $872 million and adjusted free cash flow1 of $400 million Reduced D&C costs to ~$775 per lateral foot Announced the divestiture of Barilla Draw natural gas and oil gathering systems... More