HighGravityDataPermian Resources — May 7, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-25-000038
Showing in the filing
Cash general and administrative ($/Boe)
“~$0.90”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 22
Net debt-to-EBITDAX (pro forma for acquisiti… for FY2025
“<1x”
Liquidity (pro forma for acquisition) for FY2025
“>$3 billion”
Free cash flow for FY2025
“similar free cash flow at $60 per barrel WTI for the remainder of 2025 as we did in 2024 at $75 per barrel”
Cash capex range for FY2025
“$1.9 – $2.0 billion”
Turn-in-line gross wells for FY2025
“approximately 275”
Incremental production from Northern Delawar… for FY2025
“approximately 12,000 Boe/d (~45% oil)”
Production added from acquisition for FY2025
“approximately 12,000 Boe/d (~45% oil)”
Incremental capital expenditures from acquis… for FY2025
“approximately $20 million”
Base dividend for Q2 FY2025
“$0.15 per share of Class A common stock, or $0.60 per share on an annualized basis”
Base dividend (annualized basis)
“$0.60 per share”
Share repurchase authorization
“$1 billion”
Net average daily production (Boe/d) for FY2025
“360,000 — 380,000”
Net average daily oil production (Bbls/d) for FY2025
“170,000 — 175,000”
Total controllable cash costs for FY2025
“$7.25 — $8.25”
Lease operating expenses ($/Boe) for FY2025
“~$5.55”
Gathering, processing and transportation exp… for FY2025
“~$1.30”
Cash general and administrative ($/Boe) for FY2025
“~$0.90”
Severance and ad valorem taxes (% of revenue) for FY2025
“6.5% — 8.5%”
Total cash capital expenditure program ($MM) for FY2025
“$1,900 — $2,000”
Operated drilling program TILs (gross) for FY2025
“~275”
Average working interest for FY2025
“~75%”
Average lateral length (feet) for FY2025
“~10,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
Contacts: Hays Mabry – Vice President, Investor Relations (432) 315-0114 ir@permianres.com SOURCE Permian Resources Corporation Details of our revised 2025 operational and financial guidance are presented below: 2025 FY Guidance (Updated) Net average daily production (Boe/d) 360,000 — 380,000 Net average daily oil production (Bbls/d) 170,000 — 175,000 Production costs Total controllable cash costs $7.25 — $8.25 Lease operating expenses ($/Boe) ~$5.55 Gathering, processing and transportation expenses ($/Boe) ~$1.30 Cash general and administrative ($/Boe) (1) ~$0.90 Severance and ad valorem taxes (% of revenue) 6.5% — 8.5% Total cash capital expenditure program ($MM) $1,900 — $2,000 Operated drilling program TILs (gross) ~275 Average working interest ~75% Average lateral length (feet) ~10,000 (1) Excludes stock-based compensation. Permian Resources Corporation Operating Highlights Three Months Ended March 31, 2025 2024 Net revenues (in thousands): Oil sales $ 1,109,771 $ 1,051,642 Natural gas sales 81,658 38,767 NGL sales 185,022 152,590 Oil and gas sales $ 1,376,451 $ 1,242,999 Net production: Oil (MBbls) 15,747 13,813 Natural gas (MMcf) 60,605 51,802 NGL (MBbls) 7,741 6,629 Total (MBoe) (1) 33,589 29,076 Average daily net production: Oil (Bbls/d) 174,967 151,794 Natural gas (Mcf/d) 673,388 569,249 NGL (Bbls/d) 86,010 72,846 Total (Boe/d) (1) 373,209 319,514 Average sales prices: Oil (per Bbl) $ 70.48 $ 76.13 Effect of derivative settlements on average price (per Bbl) 0.97 (0.12) Oil including the effects of hedging (per Bbl) $ 71.45 $ 76.01 Natural gas (per Mcf) $ 1.35 $ 0.75 Effect of derivative settlements on average price (per Mcf) 0.10 0.17 Natural gas including the effects of hedging (per Mcf) $ 1.45 $
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.