Permian Resources — Nov 5, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-25-000088
Showing in the filing
Base dividend per share of Class A common stock
“$0.15 per share”
Period
Q4 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 24
Base dividend for Q4 FY2025
“$0.15 per share”
Base dividend per share of Class A common st… for Q4 FY2025
“$0.15 per share”
Oil production target for FY2025
“181.5 MBbls/d”
Natural gas production priced at Gulf Coast … for FY2026
“~75%”
Total production target for FY2025
“394.0 MBoe/d”
Firm capacity on long-haul pipelines and sal… for FY2026
“approximately 330 MMcf/d”
Firm natural gas transport capacity for FY2026
“approximately 330 MMcf/d”
Firm capacity on long-haul pipelines and sal… for FY2028
“approximately 700 MMcf/d”
Firm natural gas transport capacity for FY2028
“approximately 700 MMcf/d”
Improved pricing relative to Waha from natur… for FY2026
“approximately $1 per Mcf improved pricing relative to Waha”
Uplift to free cash flow from natural gas ma… for FY2026
“over $100 million uplift to free cash flow”
Base dividend on an annualized basis for Q4 FY2025
“$0.60 per share”
Base dividend (annualized basis)
“$0.60 per share”
Net average daily production (Boe/d) for FY2025
“390,000 — 398,000”
Net average daily oil production (Bbls/d) for FY2025
“181,000 — 182,000”
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
“$1,920 — $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
Recent Financial and Operational Highlights • Reported total average production of 410.2 MBoe/d, including 186.9 MBbls/d of oil, 105.8 MBbls/d of NGLs and 704.8 MMcf/d of natural gas • Announced cash capital expenditures of $480 million, cash provided by operating activities of $766 million and adjusted free cash flow 1 of $469 million • Declared base dividend of $0.15 per share, representing 4.8% yield • Increased mid-point of full year guidance for oil production by 3.0 MBbls/d to 181.5 MBbls/d and total production by 9.0 MBoe/d to 394.0 MBoe/d • Reduced D&C costs to ~$725 per lateral foot, representing an 11% reduction compared to 2024 results • Decreased total controllable cash costs by 6% quarter-over-quarter to $7.36 per Boe, driven primarily by lower LOE and continued focus on cost control • Added ~5,500 net acres and ~2,400 net royalty acres through ~250 transactions for ~$180 million, demonstrating continued bolt-on and ground game success • Further strengthened balance sheet through ~$460 million in debt reduction during the quarter ◦ Leverage 1 of ~0.8x and total liquidity of >$2.6 billion • Entered into additional natural gas firm transportation and sales agreements to improve all-in netbacks ◦ Expect ~75% of 2026 natural gas production to be priced at Gulf Coast and DFW markets or protected by hedges Management Commentary “Third quarter results clearly demonstrate Permian Resources’ leadership in the Delaware Basin,” said Will Hickey, Co-CEO of Permian Resources. “Strong well performance and continued cost reductions drove another step-change
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.