Permian Resources Announces Strong Third Quarter 2026 Results and Updated Full Year Guidance

Permian Resources Corp reported quarterly results highlighted by announced cash provided by operating activities of $1,255 million, cash capital expenditures of $518 million and adjusted free cash flow 1 of $846 million, according to its earnings release filed with an 8-K Wednesday.

Demonstrated continued cost control, decreasing quarter-over-quarter LOE by 8% to $5.11 per Boe and cash G&A by 16% to $0.73 per Boe. Completed 175 acquisitions, totaling 24,000 net acres, 9,000 NRAs and 200 net 10,000’ locations in the core of the New Mexico Delaware Basin for ~$1.15 billion. Raised mid-point of full year guidance for oil production to 202.5 MBbls/d and updated mid-point of capital expenditures guidance to $2.025 billion. Declared quarterly base dividend of $0.16 per share.

Results detail

Further figures in the release included Total controllable cash costs $7.15 — $8.15; Lease operating expenses ($/Boe) ~$5.45; Gathering, processing and transportation expenses ($/Boe) ~$1.40; Total cash capital expenditure program ($MM) $1,975 — $2,075.

The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by Permian Resources Corp unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.

Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.

Why it matters

For retail investors, the Permian Resources Corp print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.

By the numbers

• Announced cash provided by operating activities of $1,255 million, cash capital expenditures of $518 million and adjusted free cash flow 1 of $846 million
• Demonstrated continued cost control, decreasing quarter-over-quarter LOE by 8% to $5.11 per Boe and cash G&A by 16% to $0.73 per Boe
• Completed 175 acquisitions, totaling 24,000 net acres, 9,000 NRAs and 200 net 10,000’ locations in the core of the New Mexico Delaware Basin for ~$1.15 billion
• Raised mid-point of full year guidance for oil production to 202.5 MBbls/d and updated mid-point of capital expenditures guidance to $2.025 billion
• Declared quarterly base dividend of $0.16 per share
• Total controllable cash costs $7.15 — $8.15

Sources

1. Permian Resources Corp Form 8-K with quarterly financial results, filed 2026-11-04 (accession 0001658566-26-000122)

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.