Permian Resources Q2 FY26 net income rises to USD 792.46 million; revenue climbs to USD 1.86 billion

Reuters2026/08/05 20:42

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Permian Resources posted Q2 2026 net income of $792.46 million, more than doubled from $245.02 million a year earlier.
GAAP earnings were $0.93 per diluted share, up from $0.28 per diluted share a year earlier.
Oil and gas sales rose to $1.86 billion from $1.2 billion, while average daily oil output climbed 12.2% to 198,071 bbls/d.
Total average production slipped 2.26% to 376,409 boe/d as Waha gas prices averaged $(3.14)/Mcf, prompting curtailments of high-GOR volumes.
Full-year oil guidance was lifted to 197,000-201,000 bbls/d; cash capital spending was raised to $1.9-$2.0 billion after $1.05 billion of bolt-on acquisitions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Resources Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051605BIZWIRE_USPR_____20260805_BW807892) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Permian Resources Q2 FY26 net income rises to USD 792.46 million; revenue climbs to USD 1.86 billion

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