Permian Resources announces strong Q1 2026 results
Reports 412.9 MBoe/d production, $513M adjusted free cash flow, reduced D&C costs, and increases full-year oil guidance to 192.5 MBbls/d midpoint.
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Independent oil and natural gas company in Permian Basin
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In short: Permian Resources achieved record free cash flow and investment-grade ratings while increasing production guidance and shareholder dividends.
Reports 412.9 MBoe/d production, $513M adjusted free cash flow, reduced D&C costs, and increases full-year oil guidance to 192.5 MBbls/d midpoint.
The Board declares $0.16 per share, payable June 30, 2026 to shareholders of record June 16, 2026.
S&P upgrades to BBB- on March 17, 2026; Fitch rated BBB- in July 2025. This enhances liquidity and reduces interest expense.
Reports high production, reduced costs, acquisitions, and 2026 plan with increased dividend. Oil production grows 4%.
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