Permian Resources delivers top-tier free cash flow and cost efficiency, outperforming peers in the Delaware Basin. Permian Resources is expanding strategically through accretive acquisitions and opportunistic share buybacks during market downturns. Recent acquisition of APA's New Mexico assets adds high-margin barrels and enhances long-term inventory quality.
Permian Resources delivered strong Q1 2025 results: production, revenue, and free cash flow all surged while debt and costs declined, boosting shareholder returns. Strategic acquisitions, asset sales, and post-merger synergies have driven operational efficiency, cost reductions, and a focus on high-return assets. My econometric analysis confirms PR shares are tightly linked to Brent oil prices, offering both forecasting value and macrocycle exposure for investors.
Permian Resources (PR) reported earnings 30 days ago. What's next for the stock?
Permian Resources is a solid buy due to resilient Q1 results, strong production figures, and a nearly 7% yield, despite oil price headwinds. Technical analysis shows a potential breakout from the long-term downtrend, supported by bullish moving averages and indicators. The stock's P/S ratio contraction suggests undervaluation, making it attractive given the company's robust operational growth and strategic acquisitions.
Permian Resources Corporation made a $608 million acquisition of Northern Delaware Basin assets that can be paid for with cash on hand. This adds several percent to PR production and boosts its projected free cash flow to near $2 billion per year at $70 WTI oil and $2 Waha natural gas. Permian should also be able to generate over $1.5 billion in 2025 free cash flow at current strip.
PR expects an average daily production of 360,000-380,000 Boe/d, with oil production between 170,000 Bbls/d and 175,000 Bbls/d in 2025.
Permian Resources Corporation (NYSE:PR ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Hays Mabry – Vice President-Relations Will Hickey – Co-Chief Executive Officer James Walter – Co-Chief Executive Officer Guy Oliphint – Chief Financial Officer Conference Call Participants Neil Mehta – Goldman Sachs Kevin MacCurdy – Pickering Energy Partners John Freeman – Raymond James Scott Hanold – RBC Zach Parham – JPMorgan Gabe Daoud – TD Cowen Leo Mariani – ROTH John Annis – Texas Capital Geoff Jay – Daniel Energy Partners Paul Diamond – Citi Operator Good morning, and welcome to Permian Resources Conference Call to Discuss its First Quarter 2025 Earnings. Today's call is being recorded.
While the top- and bottom-line numbers for Permian Resources (PR) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Permian Resources (PR) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.42 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Permian Resources (PR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Permian Resources (PR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PR has outpaced the Zacks Consensus Estimate in four straight quarters, delivering an average positive surprise of 10.1%.