HighGravityDataPermian Resources — Aug 5, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001658566-26-000094
Showing in the filing
Oil production (approx.)
“approximately 199 MBbls/d”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 22
Oil production (mid-point) for FY2026
“199.0 MBbls/d”
Capital expenditures (mid-point) for FY2026
“$1.95 billion”
Base dividend for Q3 FY2026
“$0.16 per share”
Cash capital expenditures range for FY2026
“$1.9 – $2.0 billion”
Capital associated with Ward County bolt-on for FY2026
“approximately $25 million”
Average working interest for FY2026
“over 80%”
Second half oil production for H2 FY2026
“over 200 MBbls/d”
Second half cash capital expenditures for H2 FY2026
“less than $1 billion”
Oil production (approx.) for FY2026
“approximately 199 MBbls/d”
Annual cash interest expense reduction for FY2026
“approximately $75 million”
Year-end 2026 Net Debt-to-LQA EBITDAX for FY2026
“approximately 0.5x”
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
“197,000 — 201,000”
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
“$1,900 — $2,000”
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
For the second half of 2026, Permian Resources expects oil production of over 200 MBbls/d with less than $1 billion of cash capital expenditures. “Our revised guidance highlights the continuously improving capital efficiency of the Permian Resources business. This year, we expect to produce approximately 199 MBbls/d of oil, nearly 10% more than we produced last year, with less capital than we spent in 2025,” said James Walter, Co-CEO. (For a detailed table summarizing Permian Resources’ revised 2026 operational and financial guidance, please see the Appendix of this press release.) PR's Fortress Balance Sheet Permian Resources continues to enhance its investment grade balance sheet and reduce debt. As previously announced, during the quarter the Company redeemed $550 million in principal of legacy Earthstone’s 8.000% Senior Notes due 2027. Net debt-to-LQA EBITDAX 1 at June 30, 2026, was 0.5x. On July 15, 2026, Permian Resources redeemed $325 million in principal of legacy Earthstone 9.875% Senior Notes due 2031. As a result of redeeming the remaining legacy Earthstone senior notes, the Company reduces annual cash interest expense by approximately $75 million. Since year-end 2024, Permian Resources has reduced total debt by approximately 35% from $4.2 billion to $2.7 billion. Permian Resources’ balance sheet remains strong, and the Company is well positioned to continue its “all of the above” approach to capital allocation, which includes paying a sustainable base dividend, improving the busin
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.