HighGravityDataPermian Resources — Aug 6, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-25-000065
Showing in the filing
Crude oil realizations increase
“over $0.50 per Bbl”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 26
Base dividend for Q3 FY2025
“$0.15 per share”
Base dividend per share for Q3 FY2025
“$0.15 per share”
Oil production target (mid-point) for FY2025
“178.5 MBbls/d”
Share repurchase authorization
“$1 billion”
Share repurchase authorization remaining
“$957 million”
Year-end 2025 net debt-to-EBITDAX for FY2025
“approximately 0.8x”
Liquidity for FY2025
“over $3 billion”
Total production target (mid-point) for FY2025
“385.0 MBoe/d”
Cash capital expenditures range for FY2025
“$1,920 – $2,020 million”
Current income tax estimate for FY2025
“less than $5 million”
Cumulative current income tax for FY2026
“less than $50 million”
Natural gas realizations increase for FY2026
“over $0.10 per Mcf”
Crude oil realizations increase for FY2026
“over $0.50 per Bbl”
Incremental free cash flow from marketing ag… for FY2026
“$50 million”
Base dividend (annualized basis)
“$0.60 per share”
Net average daily production (Boe/d) for FY2025
“380,000 — 390,000”
Net average daily oil production (Bbls/d) for FY2025
“177,500 — 179,500”
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
“$1,920 — $2,020”
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
The Company also entered into multiple crude oil purchase agreements. These agreements provide Permian Resources with increasing exposure to markets along the Gulf Coast, such as Houston WTI. These arrangements are expected to increase crude oil realizations by over $0.50 per Bbl in 2026, compared to 2024. “These recent agreements are consistent with our strategy of enhancing all-in netbacks, while maintaining a diversified marketing portfolio. Combined, we expect these announcements to provide an incremental $50 million of free cash flow in 2026 compared to 2024,” said James Walter, Co-CEO. Hedge Position Update Permian Resources took advantage of higher prices in June to add incremental oil hedges at attractive prices. For the second half of 2025, the Company entered into 12,000 Bbls/d of incremental oil swaps at a weighted average fixed price of $70.18 per barrel. As a result, Permian Resources now has approximately 32% of its expected crude oil production hedged for the remainder of 2025 (using the mid-point of guidance) at a weighted average fixed price of $71.71 per Bbl. Permian Resources also added an incremental 12,000 Bbls/d of oil hedges during the full year 2026 at a weighted average fixed price of $66.12 per Bbl. Giving effect to these new hedges, Permian Resources has 29.5 MBbls/d of oil hedged for the full year 2026. In addition to the hedge positions discussed above, Permian Resources has certain other natural gas hedges, crude oil and natur
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.