Permian Resources (PR)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
$23.36-1.60%
Close 2026-09-04 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
QuarterlyIQ Insights · PR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-09-04.
The screen ranks PR against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=1735).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Raise full year 2026 oil production guidance driven by higher working interest and bolt-on acquisitions.
Stated as a priority in 3 of last 3 quarters. Oil production guidance increased from 186-192 MBbls/d in 2025-Q4 to 192.5 MBbls/d in 2026-Q1 and further to 199.0 MBbls/d in 2026-Q2. Actual second quarter 2026 production was 198,071 Bbls/d, reflecting delivery on the raised target and a positive trajectory.
“Permian Resources increased its 2026 oil production target to 199.0 MBbls/d, based on the mid-point of guidance.”
“Permian Resources has increased its full year 2026 oil production target by 3.5 MBbls/d to 192.5 MBbls/d at the mid-point of guidance.”
“Crude oil and total average production guidance of 186 to 192 MBbls/d and 400 to 430 MBoe/d.”
Sustain a disciplined 2026 cash capital expenditure budget reflecting operational efficiencies and acquisition activity.
Stated as a priority in 3 of last 3 quarters. The cash capital expenditure budget was $1.75-$1.95 billion in 2025-Q4 and increased to $1.9-$2.0 billion by 2026-Q2. Actual quarterly capex was $466 million in 2026-Q1 and $521 million in 2026-Q2, consistent with the disciplined budget and reflecting operational and acquisition activity. The trajectory is delivering.
Maintain a sustainable quarterly base dividend of $0.16 per share reflecting shareholder return commitment.
Stated as a priority in 3 of last 3 quarters. The quarterly base dividend was increased from $0.15 in 2025-Q4 to $0.16 in 2026-Q1 and sustained at $0.16 in 2026-Q2. This reflects a consistent commitment to shareholder returns and a stable trajectory.
Continue accretive acquisitions to expand high-return inventory and increase working interest in core Delaware Basin assets.
Stated as a priority in 3 of last 3 quarters. Acquisition activity grew from $240 million in 2025-Q4 to $1.05 billion year-to-date in 2026-Q2, adding significant net leasehold and royalty acres. This demonstrates delivery on disciplined bolt-on and ground game acquisitions with a positive trajectory.
Continue to strengthen balance sheet by reducing debt and maintaining investment grade credit ratings.
Stated as a priority in 3 of last 3 quarters. Total debt was reduced from $4.2 billion at year-end 2024 to $2.7 billion by 2026-Q2, a 35% reduction. Leverage improved from 0.9x in 2025-Q4 to 0.5x in 2026-Q2. Management has consistently emphasized balance sheet strength and debt reduction, and the financials show delivery on this priority.
Over the trailing year it converted 10.71x of net income into operating cash flow. Historically, Energy names rated robust grew net income 57% of the time over the next year (vs 38% for the rest of the cohort, n=996).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
16 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=807).
Not investment advice. As of 2026-09-04.
“Updated mid-point of capital expenditures guidance to $1.95 billion.”
“Total cash capital expenditures for the first quarter were $466 million.”
“Total cash capital expenditure budget of $1.75 to $1.95 billion.”
“Declared quarterly base dividend of $0.16 per share.”
“Declared quarterly base dividend of $0.16 per share.”
“Increased quarterly base dividend to $0.16 per share, a 7% increase from $0.15.”
“Executed approximately 190 transactions adding 54,000 net leasehold acres and 20,000 net royalty acres for $1.05 billion.”
“Demonstrated continued bolt-on and ground game success, executing on ~40 transactions for $205 million.”
“Added ~7,700 net acres and ~1,300 net royalty acres through ~140 transactions for $240 million.”
“Net debt-to-LQA EBITDAX at June 30, 2026, was 0.5x; total debt reduced by ~35% since year-end 2024.”
“Reduced total debt by approximately $1.2 billion since year-end 2024.”
“Maintained strong balance sheet with leverage of 0.9x.”