HighGravityData

Permian Resources — Feb 25, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-26-000031
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Showing in the filing
NGLs (% of WTI)
“approximately 23% to 25% of WTI”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
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 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 quarter 2026 base dividend of $0.16 per share of Class A common stock, a 7% increase from $0.15 per share previously. Since its inception in 2022, Permian Resources has grown its inaugural quarterly base dividend of $0.05 per share at a compound annual growth rate of over 40%, reflecting the Company's commitment to delivering a sustainable and growing base dividend. The Company's first quarter base dividend is payable on March 31, 2026 to shareholders of record as of March 17, 2026. The Company’s base dividend represents an annualized yield of 3.6% as of February 24, 2026. Year-End 2025 Proved Reserves Permian Resources reported year-end 2025 total proved reserves of 1,116 MMBoe compared to 1,027 MMBoe at prior year-end. At year-end 2025, proved reserves consisted of 43% oil, 26% natural gas liquids and 31% natural gas. Proved developed reserves were 794 MMBoe (71% of total proved reserves) at December 31, 2025. Nethe
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.