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
Liquidity
“over $3 billion”
Period
FY2025
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
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, each based on the mid-point of guidance. The increase in full year production guidance is driven by continued strong well results and the recently closed APA bolt-on acquisition. The Company is also adjusting its cash capital expenditures range to $1,920 – $2,020 million, as a result of the $20 million of incremental capex associated with the APA bolt-on during the second half of 2025, consistent with its previous disclosure. As a result of the recent passage of the One Big Beautiful Bill Act, Permian Resources has lowered its full year 2025 current income tax estimate to less than $5 million, compared to less than $10 million previously. In addition, the Company expects less than $50 million of cumulative current income tax in 2026 and 2027, assuming current strip pricing. (For a detailed table summarizing Permian Resources’ revised 2025 operational and financial guidance, please see the Appendix of this press re
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.