Permian Resources (PR) Reports Q1 EPS

On May 6, 2026, Permian Resources Corporation (NYSE:PR) reported Q1 EPS of 5c, versus the statement estimation of 38c. Revenue totaled $1.39B, versus the statement estimation of $1.41B. Co-CEO Will Hickey said the institution delivered a beardown quarter, highlighted by record-low drilling and completion costs per foot, 2% quarter-over-quarter lipid accumulation growth, and much than $500M successful escaped currency flow. Hickey added that the results demonstrated the company’s quality to summation accumulation and escaped currency travel per stock portion continuing to little costs. Co-CEO James Walter said Permian Resources has consistently generated escaped currency travel per stock maturation crossed commodity cycles done a operation of outgo reductions, acquisitions, and high-return integrated growth. Walter added that the institution plans to proceed utilizing those advantages to thrust shareholder returns going forward.

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Prior to the net release, BofA raised the firm’s terms people connected Permian Resources Corporation (NYSE:PR) to $22 from $20 portion maintaining a Neutral rating. The steadfast said it updated terms targets crossed its U.S. lipid and state sum and believes the marketplace is positioned for de-escalation contempt continued geopolitical flare-ups and risks.

Scotiabank expert Betty Zhang besides raised the firm’s terms people connected Permian Resources Corporation (NYSE:PR) to $25 from $21 and kept an Outperform standing connected the shares. The steadfast said it updated terms targets crossed its U.S. integrated oil, refining, and large-cap exploration and accumulation coverage, adding that investors are apt to absorption connected whether caller lipid marketplace volatility could power enactment levels successful 2026 and beyond.

Permian Resources Corporation (NYSE:PR) is an autarkic lipid and earthy state institution focused connected processing crude lipid and liquids-rich earthy state reserves successful the United States.

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