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
Total production target (mid-point)
“385.0 MBoe/d”
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
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 release.) Natural Gas and Crude Oil Marketing Update Permian Resources recently signed multiple transportation and marketing agreements to improve all-in netbacks and significantly increase the amount of natural gas and crude oil sold at key demand hubs. The Company entere
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.