HighGravityDataPermian Resources — May 6, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-26-000069
Showing in the filing
Average working interest
“75% - 80%”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 18
Firm transportation capacity exposed to Gulf… for FY2027
“over 700 MMcf/d”
Oil production and capital expenditures for Q2 FY2026
“anticipates second quarter oil production and capital expenditures to be modestly higher than the first quarter”
Natural gas and NGL volumes (if negative Wah… for Q2 FY2026
“anticipates lower natural gas and NGL volumes in the second quarter”
Oil production target (mid-point of) for FY2026
“increased its full year 2026 oil production target by 3.5 MBbls/d to 192.5 MBbls/d at the mid-point of guidance”
Oil production target for FY2026
“192.5 MBbls/d”
Base dividend for Q2 FY2026
“$0.16 per share of Class A common stock, or $0.64 per share on an annualized basis”
Base dividend (annualized basis)
“$0.64 per share”
Net average daily production (Boe/d) for FY2026
“400,000 — 430,000”
Net average daily oil production (Bbls/d) for FY2026
“190,000 — 195,000”
Total controllable cash costs for FY2026
“$7.15 — $8.15”
Lease operating expenses ($/Boe) for FY2026
“~$5.45”
Gathering, processing and transportation exp… for FY2026
“~$1.40”
Cash general and administrative ($/Boe) for FY2026
“~$0.80”
Severance and ad valorem taxes (% of revenue) for FY2026
“6.5% — 8.5%”
Total cash capital expenditure program ($MM) for FY2026
“$1,750 — $1,950”
Operated drilling program TILs (gross) for FY2026
“~250”
Average working interest for FY2026
“75% - 80%”
Average lateral length (feet) for FY2026
“~11,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
Contacts: Hays Mabry – Vice President, Investor Relations (432) 315-0114 ir@permianres.com SOURCE Permian Resources Corporation Details of our revised 2026 operational and financial guidance are presented below: 2026 FY Guidance (Revised) Net average daily production (Boe/d) 400,000 — 430,000 Net average daily oil production (Bbls/d) 190,000 — 195,000 Production costs Total controllable cash costs $7.15 — $8.15 Lease operating expenses ($/Boe) ~$5.45 Gathering, processing and transportation expenses ($/Boe) ~$1.40 Cash general and administrative ($/Boe) (1) ~$0.80 Severance and ad valorem taxes (% of revenue) 6.5% — 8.5% Total cash capital expenditure program ($MM) $1,750 — $1,950 Operated drilling program TILs (gross) ~250 Average working interest 75% - 80% Average lateral length (feet) ~11,000 (1) Excludes stock-based compensation. Permian Resources Corporation Operating Highlights Three Months Ended March 31, 2026 2025 Net revenues (in thousands): Oil sales $ 1,227,594 $ 1,109,771 NGL sales 154,393 185,022 Natural gas sales (18,504) 81,658 Purchased gas sales, net 24,663 — Oil and gas sales $ 1,388,146 $ 1,376,451 Net production: Oil (MBbls) 17,311 15,747 NGL (MBbls) 9,300 7,741 Natural gas (MMcf) 63,268 60,605 Total (MBoe) (1) 37,156 33,589 Average daily net production: Oil (Bbls/d) 192,349 174,967 NGL (Bbls/d) 103,338 86,010 Natural gas (Mcf/d) 702,979 673,388 Total (Boe/d) (1) 412,850 373,209 Average sales prices: Oil (per Bbl) $ 70.91 $ 70.48 Effect of derivative settlements on average price (per Bbl) (2.81) 0.97 Oil including the effects of hedging (per Bbl) $ 68.10 $ 71.45 NGL (per Bbl) $ 16.60 $ 23.90 Natural gas (per Mcf) $ (0.29) $ 1.35 Effect of derivative settlements on average price (per Mcf) 1.23 0.10 Effect of purchased gas sales on average price (per Mcf) 0.39 — Natural gas including the effects of hedging (per Mcf) $ 1.33 $ 1.45 (1) Calculated by converting natural gas
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.