Permian Resources Corp (PR) Form 8-K — Aug 5, 2026
Permian Resources reported strong second quarter 2026 results, with diluted EPS of $0.93 versus $0.28 a year ago, net income attributable to Class A common stock of $792.5 million, and oil and gas sales of $1.86 billion on average production of 376.4 MBoe/d including 198.1 MBbls/d of oil. The company raised its full year 2026 oil production guidance midpoint to 199.0 MBbls/d, up 10.0 MBbls/d from its initial February plan, and updated cash capex guidance to $1.9-$2.0 billion, citing higher working interest from ground game activity, increased workovers, and the Ward County bolt-on that closed July 31, 2026.
Key figures
- Eps
- 0.93
- Revenue
- 1858035000
- Guidance
- FY2026 oil production 197,000-201,000 Bbls/d (midpoint 199.0 MBbls/d, up 10.0 MBbls/d vs initial February guidance); total production 400,000-430,000 Boe/d; cash capex $1.9-$2.0 billion; 2H26 oil production >200 MBbls/d on <$1 billion of capex
- Net Income
- 792464000
- Total Debt
- 3025000000
- Revenue Yoy
- +55% vs Q2 2025 oil and gas sales of $1,197.6 million
- Total Assets
- 18501288000
- Cash Position
- 131722000
- Shares Outstanding
- 837481545
- Q2 cash capex
- $521 million
- Dividend yield
- 3.1% as of August 4, 2026
- Ytd acres added
- 54,000 net leasehold acres, 20,000 net royalty acres
- Dividend per share
- 0.16
- Q2 2025 diluted eps
- 0.28
- Q2 adjusted ebitdax
- $1,343.5 million
- Ytd acquisition spend
- $1.05 billion across ~190 transactions
- Acquisition unit costs
- ~$13,000 per net acre, ~$8,000 per NRA, ~$2.5 million per net 10,000' location
- Q2 operating cash flow
- $1,506 million
- Annual interest savings
- ~$75 million
- Net debt to lqa ebitdax
- 0.5
- Q2 oil production bbls d
- 198071
- Earthstone notes redeemed
- $550 million of 8.000% notes due 2027; $325 million of 9.875% notes due 2031 (July 15, 2026)
- Q2 total production boe d
- 376409
- Q2 adjusted free cash flow
- $751 million
- Debt reduction since ye2024
- ~35%, from $4.2 billion to $2.7 billion
- Dividend annualized per share
- 0.64
- Q2 realized oil price per bbl
- 97.81
- Ward county bolton production
- ~5,000 Boe/d (50% oil) at July 31, 2026 closing
- Q2 adjusted operating cash flow
- $1,272 million
- Q2 controllable cash costs per boe
- 7.49
Price after filing
Close on the filing date to close N calendar days later (from $20.50). Historical, not a forecast.
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