Permian Resources — Q3 2026 Earnings Summary

Permian Resources reported third quarter 2026 average daily production of 457,528 barrels of oil equivalent, representing a 22% increase from the prior quarter. The company generated $1,255 million in cash provided by operating activities and $846 million in adjusted free cash flow while maintaining total controllable cash costs at a record low of $7.05 per Boe. Management raised its full-year 2026 oil production guidance to a midpoint of 202.5 million barrels per day and updated capital expenditure guidance to a range of $1.975 billion to $2.075 billion. Additionally, the company completed approximately 175 acquisitions totaling 24,000 net acres for $1.15 billion, including the acquisition of Ridge Runner Resources, and declared a quarterly dividend of $0.16 per share.