HighGravityDataPermian Resources — Feb 25, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-26-000031
Showing in the filing
D&C costs per foot reduction vs 2025
“approximately 8% reduction”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 35
Total production for FY2026
“400 to 430 MBoe/d”
Annual oil production for FY2025
“~4% higher”
Total cash capital expenditure budget for FY2026
“$1.75 to $1.95 billion”
Total controllable cash costs for FY2026
“$7.15 to $8.15 per Boe”
Quarterly base dividend for Q1 FY2026
“$0.16 per share”
Base dividend annualized yield for Q1 FY2026
“3.6% annualized yield”
Crude oil and total average production for FY2026
“186 to 192 MBbls/d”
Cash capex allocated to facilities, infrastr… for FY2026
“approximately $400 million”
Annual oil production growth for FY2026
“approximately 4%”
Capital budget change year-over-year for FY2026
“6% lower capital budget year-over-year”
Capital budget decrease
“6% lower”
Annual oil production increase for FY2024
“approximately 20% higher”
Capital expenditures decrease for FY2024
“10% lower”
Turn-in-line gross wells for FY2026
“approximately 250”
Average working interest for FY2026
“75% to 80%”
8/8ths net revenue interest for FY2026
“approximately 79%”
D&C costs per foot reduction vs 2025 for FY2026
“approximately 8% reduction”
D&C costs per foot reduction for FY2025
“approximately 8%”
Operating activity directed towards New Mexico for FY2026
“approximately 65%”
Operating activity directed towards Texas De… for FY2026
“approximately 30%”
Cash general and administrative expense for FY2026
“$0.80 per Boe”
Oil realizations as % of WTI for FY2026
“97% to 100% of WTI”
Natural gas realized revenue premium versus … for FY2026
“approximately $0.25 to $0.75 per Mcf”
NGLs realized revenue for FY2026
“approximately 23% to 25% of WTI”
NGL realizations as % of WTI for FY2026
“approximately 23% to 25% of WTI”
NGLs (% of WTI) for FY2026
“approximately 23% to 25% of WTI”
Base dividend increase
“7% increase from $0.15 per share previously”
Net average daily production (Boe/d) for FY2026
“400,000 — 430,000”
Net average daily oil production (Bbls/d) for FY2026
“186,000 — 192,000”
Lease operating expenses ($/Boe) for FY2026
“~$5.45”
Gathering, processing and transportation exp… for FY2026
“~$1.40”
Severance and ad valorem taxes (% of revenue) for FY2026
“6.5% — 8.5%”
Total cash capital expenditure program ($MM) for FY2026
“$1,750 — $1,950”
Operated drilling program TILs (gross) for FY2026
“~250”
Average lateral length (feet) for FY2026
“~11,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
The Company also expects its average lateral length during 2026 to be approximately 11,000 feet, an increase of 500 feet from the previous year. Through realized efficiency gains, the Company’s capital budget is further supported by an approximately 8% reduction in D&C costs per foot compared to 2025. Similar to the previous year, Permian Resources anticipates that approximately 65% of its 2026 operating activity will be directed towards New Mexico and approximately 30% towards the Texas Delaware Basin, with the remaining portion to be allocated to its Midland Basin position. Through its continued focus on remaining the Delaware Basin’s low-cost leader, Permian Resources anticipates total controllable cash costs of $7.15 to $8.15 per Boe in 2026. Specifically, controllable cash costs consist of approximately $5.45 per Boe for LOE, $1.40 per Boe for GP&T expense and $0.80 per Boe for cash G&A. The Company expects its oil realizations to average 97% to 100% of WTI during 2026. Permian Resources estimates its average realized revenue from natural gas to be approximately $0.25 to $0.75 per Mcf premium versus Waha Hub pricing and its NGLs to be approximately 23% to 25% of WTI. (For a detailed table summarizing Permian Resources’ 2026 operational and financial guidance, please see the Appendix of this press release.) Shareholder Returns Permian Resources announced today that its Board of Directors (the “Board”) declared the Company’s first quar
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.