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
Share repurchase authorization
“$1 billion”
Period
No period stated
Measure
Declared action
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
In April, the Company executed on its share repurchase program during market lows, buying back 4.1 million shares at a weighted average price of $10.52 per share, which represents a 23% discount to the Company’s current share price as of August 5, 2025. The Company currently has a $1 billion share repurchase authorization in-place, with $957 million remaining. In early May, the Company announced the acquisition of APA Corporation’s New Mexico assets, consisting of low breakeven inventory and low decline production within Permian Resources’ core New Mexico operating areas. The Company closed the bolt-on acquisition on June 16, and integration is now complete. Additionally, Permian Resources continued to execute upon its ground game during the second quarter, adding approximately 1,300 net acres and 80 net royalty acres through approximately 130 grassroots leasing and working interest acquisitions. Importantly, the Company’s balance sheet remains strong post-closing the APA bolt-on, making it well positioned to continue executing upon its downturn playbook, should future dislocations occur. The Company expects its year-end 2025 net debt-to-EBITDAX 1 to be approximately 0.8x while having over $3 billion of liquidity, assuming $60 per barrel WTI for the remainder of the year. 2025 Operational Plan and Tax Update Permian Resources increased its 2025 oil production target by 6.0 MBbls/d to 178.5 MBbls/d and raised its total production target by 15.0 MBoe/d to 385.0 MBoe/d,
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.