HighGravityDataCurrent guidance
52 items
Permian Resources
Guidance from Permian Resources’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Aug 5, 2026
Data checked
Aug 5, 2026
What changed in the Aug 5, 2026 release
Each item compared with the same item in the previous release (May 6, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| New | Year-end 2026 Net Debt-to-LQA EBITDAX | for FY2026 | — | “approximately 0.5x” | Filing ↗ |
| New | Annual cash interest expense reduction | for FY2026 | — | “approximately $75 million” | Filing ↗ |
| New | Average working interest | for FY2026 | — | “over 80%” | Filing ↗ |
| New | Capital associated with Ward County bolt-on | for FY2026 | — | “approximately $25 million” | Filing ↗ |
| New | Capital expenditures (mid-point) | for FY2026 | — | “$1.95 billion” | Filing ↗ |
| New | Cash capital expenditures range | for FY2026 | — | “$1.9 – $2.0 billion” | Filing ↗ |
| Raised | Net average daily oil production (Bbls/d) | for FY2026 | “190,000 — 195,000” | “197,000 — 201,000” | Filing ↗ |
| New | Oil production (approx.) | for FY2026 | — | “approximately 199 MBbls/d” | Filing ↗ |
| New | Oil production (mid-point) | for FY2026 | — | “199.0 MBbls/d” | Filing ↗ |
| New | Second half cash capital expenditures | for H2 FY2026 | — | “less than $1 billion” | Filing ↗ |
| New | Second half oil production | for H2 FY2026 | — | “over 200 MBbls/d” | Filing ↗ |
| Raised | Total cash capital expenditure program ($MM) | for FY2026 | “$1,750 — $1,950” | “$1,900 — $2,000” | Filing ↗ |
| Reiterated | Severance and ad valorem taxes (% of revenue) | for FY2026 | “6.5% — 8.5%” | “6.5% — 8.5%” | Filing ↗ |
| Reiterated | Average lateral length (feet) | for FY2026 | “~11,000” | “~11,000” | Filing ↗ |
| Reiterated | Cash general and administrative ($/Boe) | for FY2026 | “~$0.80” | “~$0.80” | Filing ↗ |
| Reiterated | Gathering, processing and transportation expenses ($/Boe) | for FY2026 | “~$1.40” | “~$1.40” | Filing ↗ |
| Reiterated | Lease operating expenses ($/Boe) | for FY2026 | “~$5.45” | “~$5.45” | Filing ↗ |
| Reiterated | Net average daily production (Boe/d) | for FY2026 | “400,000 — 430,000” | “400,000 — 430,000” | Filing ↗ |
| Reiterated | Operated drilling program TILs (gross) | for FY2026 | “~250” | “~250” | Filing ↗ |
| Reiterated | Total controllable cash costs | for FY2026 | “$7.15 — $8.15” | “$7.15 — $8.15” | Filing ↗ |
Show 15 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Firm capacity on long-haul pipelines and sales agreements out of basin | for FY2028 | “approximately 700 MMcf/d” | — | Filing ↗ |
| Not restated | Firm natural gas transport capacity | for FY2028 | “approximately 700 MMcf/d” | — | Filing ↗ |
| Not restated | 8/8ths net revenue interest | for FY2026 | “approximately 79%” | — | Filing ↗ |
| Not restated | Natural gas realized revenue premium versus Waha Hub pricing | for FY2026 | “approximately $0.25 to $0.75 per Mcf” | — | Filing ↗ |
| Not restated | Firm transportation capacity exposed to Gulf Coast and DFW markets | for FY2027 | “over 700 MMcf/d” | — | Filing ↗ |
| Not restated | Cash capex allocated to facilities, infrastructure, capital workover and non-operated capex | for FY2026 | “approximately $400 million” | — | Filing ↗ |
| Not restated | Crude oil and total average production | for FY2026 | “186 to 192 MBbls/d” | — | Filing ↗ |
| Not restated | D&C costs per foot reduction vs 2025 | for FY2026 | “approximately 8% reduction” | — | Filing ↗ |
| Not restated | Improved pricing relative to Waha from natural gas marketing agreements | for FY2026 | “approximately $1 per Mcf improved pricing relative to Waha” | — | Filing ↗ |
| Not restated | Natural gas realizations increase | for FY2026 | “over $0.10 per Mcf” | — | Filing ↗ |
| Not restated | Oil production target | for FY2026 | “192.5 MBbls/d” | — | Filing ↗ |
| Not restated | Oil realizations as % of WTI | for FY2026 | “97% to 100% of WTI” | — | Filing ↗ |
| Not restated | Operating activity directed towards New Mexico | for FY2026 | “approximately 65%” | — | Filing ↗ |
| Not restated | Total production | for FY2026 | “400 to 430 MBoe/d” | — | Filing ↗ |
| Not restated | Uplift to free cash flow from natural gas marketing agreements | for FY2026 | “over $100 million uplift to free cash flow” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| 8/8ths net revenue interest | “approximately 79%” | for FY2026 | GAAP-tied | Feb 25, 2026 | 1 | Filing ↗ |
| Natural gas realized revenue premium versus Waha Hub pricing | “approximately $0.25 to $0.75 per Mcf” | for FY2026 | GAAP-tied | Feb 25, 2026 | 1 | Filing ↗ |
| NGLs realized revenue | “approximately 23% to 25% of WTI” | for FY2026 | GAAP-tied | Feb 25, 2026 | 1 | Filing ↗ |
| Severance and ad valorem taxes (% of revenue) | “6.5% — 8.5%” | for FY2026 | GAAP-tied | Feb 25, 2026 | 3 | Filing ↗ |
| Year-end 2026 Net Debt-to-LQA EBITDAX | “approximately 0.5x” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Annual cash interest expense reduction | “approximately $75 million” | for FY2026 | GAAP-tied | Aug 5, 2026 | 1 | Filing ↗ |
| Annual oil production growth | “approximately 4%” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Average lateral length (feet) | “~11,000” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Average working interest | “over 80%” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Average working interest | “75% - 80%” | for FY2026 | Company-defined | Feb 25, 2026 | 2 | Filing ↗ |
| Base dividend | “$0.16 per share” | for Q3 FY2026 | Declared action | Aug 5, 2026 | 1 | Filing ↗ |
| Capital associated with Ward County bolt-on | “approximately $25 million” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Capital budget change year-over-year | “6% lower capital budget year-over-year” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Capital expenditures (mid-point) | “$1.95 billion” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Cash capex allocated to facilities, infrastructure, capital workover and non-operated capex | “approximately $400 million” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Cash capital expenditures range | “$1.9 – $2.0 billion” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Cash general and administrative ($/Boe) | “~$0.80” | for FY2026 | GAAP-tied | May 6, 2026 | 2 | Filing ↗ |
| Cash general and administrative expense | “$0.80 per Boe” | for FY2026 | GAAP-tied | Feb 25, 2026 | 1 | Filing ↗ |
| Crude oil and total average production | “186 to 192 MBbls/d” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Crude oil realizations increase | “over $0.50 per Bbl” | for FY2026 | Company-defined | Aug 6, 2025 | 1 | Filing ↗ |
| Cumulative current income tax | “less than $50 million” | for FY2026 | Company-defined | Aug 6, 2025 | 1 | Filing ↗ |
| D&C costs per foot reduction vs 2025 | “approximately 8% reduction” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Firm capacity on long-haul pipelines and sales agreements out of basin | “approximately 330 MMcf/d” | for FY2026 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Firm natural gas transport capacity | “approximately 330 MMcf/d” | for FY2026 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Gathering, processing and transportation expenses ($/Boe) | “~$1.40” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Improved pricing relative to Waha from natural gas marketing agreements | “approximately $1 per Mcf improved pricing relative to Waha” | for FY2026 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Incremental free cash flow from marketing agreements | “$50 million” | for FY2026 | Company-defined | Aug 6, 2025 | 1 | Filing ↗ |
| Lease operating expenses ($/Boe) | “~$5.45” | for FY2026 | GAAP-tied | Feb 25, 2026 | 3 | Filing ↗ |
| Natural gas production priced at Gulf Coast and DFW markets or protected by hedges | “~75%” | for FY2026 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Natural gas realizations increase | “over $0.10 per Mcf” | for FY2026 | Company-defined | Aug 6, 2025 | 1 | Filing ↗ |
| Net average daily oil production (Bbls/d) | “197,000 — 201,000” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Net average daily production (Boe/d) | “400,000 — 430,000” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| NGL realizations as % of WTI | “approximately 23% to 25% of WTI” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| NGLs (% of WTI) | “approximately 23% to 25% of WTI” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Oil production (approx.) | “approximately 199 MBbls/d” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Oil production (mid-point) | “199.0 MBbls/d” | for FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Oil production target | “192.5 MBbls/d” | for FY2026 | Company-defined | May 6, 2026 | 1 | Filing ↗ |
| Oil production target (mid-point of) | “increased its full year 2026 oil production target by 3.5 MBbls/d to 192.5 MBbls/d at the mid-point of guidance” | for FY2026 | Company-defined | May 6, 2026 | 1 | Filing ↗ |
| Oil realizations as % of WTI | “97% to 100% of WTI” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Operated drilling program TILs (gross) | “~250” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Operating activity directed towards New Mexico | “approximately 65%” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Operating activity directed towards Texas Delaware Basin | “approximately 30%” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Second half cash capital expenditures | “less than $1 billion” | for H2 FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Second half oil production | “over 200 MBbls/d” | for H2 FY2026 | Company-defined | Aug 5, 2026 | 1 | Filing ↗ |
| Total cash capital expenditure budget | “$1.75 to $1.95 billion” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Total cash capital expenditure program ($MM) | “$1,900 — $2,000” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Total controllable cash costs | “$7.15 — $8.15” | for FY2026 | Company-defined | Feb 25, 2026 | 3 | Filing ↗ |
| Total production | “400 to 430 MBoe/d” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Turn-in-line gross wells | “approximately 250” | for FY2026 | Company-defined | Feb 25, 2026 | 1 | Filing ↗ |
| Uplift to free cash flow from natural gas marketing agreements | “over $100 million uplift to free cash flow” | for FY2026 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
Next year and medium term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Firm capacity on long-haul pipelines and sales agreements out of basin | “approximately 700 MMcf/d” | for FY2028 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Firm natural gas transport capacity | “approximately 700 MMcf/d” | for FY2028 | Company-defined | Nov 5, 2025 | 1 | Filing ↗ |
| Firm transportation capacity exposed to Gulf Coast and DFW markets | “over 700 MMcf/d” | for FY2027 | Company-defined | May 6, 2026 | 1 | Filing ↗ |
No period stated
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Annualized base dividend | “$0.60 per share” | — | Declared action | Oct 31, 2024 | 2 | Filing ↗ |
| Base dividend (annualized basis) | “$0.64 per share” | — | Declared action | May 7, 2025 | 5 | Filing ↗ |
| Base dividend increase | “7% increase from $0.15 per share previously” | — | Declared action | Feb 25, 2026 | 1 | Filing ↗ |
| Quarterly base dividend | “$0.15 per share of Class A common stock, or $0.60 per share on an annualized basis” | — | Declared action | Oct 31, 2024 | 1 | Filing ↗ |
| Share repurchase authorization | “$1 billion” | — | Declared action | May 7, 2025 | 2 | Filing ↗ |
| Share repurchase authorization remaining | “$957 million” | — | Declared action | Aug 6, 2025 | 1 | Filing ↗ |
How one item moved
Net average daily oil production (Bbls/d), for FY2026 — every statement across the year, each linked to its filing.
How your Oil & gas E&P sector group guides
12 companies in Oil & gas E&P. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| EOG Resources | Oct 8, 2026 | 0 changes |
| APA Corporation | Aug 5, 2026 | 7 changes |
| Chord Energy | Aug 5, 2026 | 51 changes |
| Matador Resources | Aug 5, 2026 | 39 changes |
| Murphy Oil | Aug 5, 2026 | 34 changes |
| Permian Resources | Aug 5, 2026 | 12 changes |
| Devon Energy | Aug 4, 2026 | 7 changes |
| Diamondback Energy | Aug 3, 2026 | 23 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2028 | FY2027 | FY2026 | FY2025 | FY2024 | No period |
|---|---|---|---|---|---|---|
| 8/8ths net revenue interest | — | — | 1 statement | 1 statement | — | — |
| Estimated average realized revenue from natural gas relative to Waha Hub pricing | — | — | — | 1 statement | — | — |
| Natural gas realized revenue premium versus Waha Hub pricing | — | — | 1 statement | — | — | — |
| NGLs realized revenue | — | — | 1 statement | — | — | — |
| Severance and ad valorem taxes (% of revenue) | — | — | 3 statements | 4 statements | 1 statement | — |
The full record for Permian Resources and its Oil & gas E&P peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Aug 5, 2026 | FY2026 Q2 | 0001658566-26-000094 | 22 | Open filing ↗ |
| May 6, 2026 | FY2026 Q1 | 0001658566-26-000069 | 18 | Open filing ↗ |
| Feb 25, 2026 | FY2025 Q4 | 0001658566-26-000031 | 35 | Open filing ↗ |
| Nov 5, 2025 | FY2025 Q3 | 0001658566-25-000088 | 24 | Open filing ↗ |
| Aug 6, 2025 | FY2025 Q2 | 0001658566-25-000065 | 26 | Open filing ↗ |
| May 7, 2025 | FY2025 Q1 | 0001658566-25-000038 | 22 | Open filing ↗ |
| Feb 25, 2025 | FY2024 Q4 | 0001658566-25-000008 | 35 | Open filing ↗ |
| Oct 31, 2024 | FY2024 Q3 | 0001658566-24-000105 | 18 | Open filing ↗ |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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