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
Total production target
“394.0 MBoe/d”
Period
FY2025
Measure
Company-defined measure
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
Going forward, we feel as confident as ever about our acquisition pipeline in the Delaware Basin, which continues to be focused on accretive bolt-ons and ground game transactions,” said James Walter, Co-CEO. 2025 Operational Plan and Target Update Permian Resources increased its 2025 oil production target by 3.0 MBbls/d to 181.5 MBbls/d and raised its total production target by 9.0 MBoe/d to 394.0 MBoe/d, each based on the mid-point of guidance. The increase in full year production guidance is driven by continued strong well results. There are no other changes to the Company’s guidance ranges. (For a detailed table summarizing Permian Resources’ revised 2025 operational and financial guidance, please see the Appendix of this press release.) Natural Gas Marketing Update Year-to-date, Permian Resources has significantly improved its midstream and marketing portfolio, driving higher all-in netbacks and increasing the amount of natural gas sold at key demand hubs. The Company now has firm capacity on long-haul pipelines and sales agreements out of basin for approximately 330 MMcf/d in 2026, increasing to approximately 700 MMcf/d in 2028. These agreements will provide the Company increased pricing exposure to the Gulf Coast and DFW regions, which have historically received superior realizations versus the Waha hub. As a result, in 2026 the volumes associated with these agreements are expected to realize approximately $1 per Mcf improved pricing relative to Waha, representing over $100 million uplift to free cash flow in 2026. Longer-term, Permian Resources is well positioned to benefit
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.