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Permian Resources 8-K Report, Financial Results (Feb 25, 2026)

Reports
Earnings & Results·Regulation FD·Exhibits & Filings
Filing Date
Filed February 25, 2026
Period End
February 25, 2026
Security
PR
In the record · 2016–202610-K1010-Q328-K167

PR filed 10 annual reports (10-K), 32 quarterly reports (10-Q) and 167 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Jun ’17Jun ’17
  2. Leadership change8-K · May ’19May ’19
  3. Leadership change8-K · Jul ’21Jul ’21
  4. Material agreement8-K · May ’25May ’25

01—Abstract

Summary

Summary of the 8-K filed February 25, 2026. Cited figures are marked; the original filing is the authoritative source.

Permian Resources Corporation (NYSE: PR) reported fourth-quarter and full-year 2025 results on February 25, 2026, and issued full-year 2026 guidance, according to a press release furnished as Exhibit 99.1 to this Form 8-K.

For Q4 2025, average total production was 401.5 MBoe/d, with cash provided by operating activities of $904 milliona, adjusted free cash flow of $403 million, and cash capital expenditures of $481 million. For full-year 2025, the company reported cash provided by operating activities of $3.6 billion, adjusted free cash flow of $1.6 billion, and oil and gas sales of $5.07 billion. Net income attributable to Class A Common Stock was $935 million for the year, compared with $985 million in 2024.

For 2026, the company guided to total average production of 400 to 430 MBoe/d, including 186 to 192 MBbls/d of oil, and a total cash capital expenditure budget of $1.75 to $1.95 billionb. Total controllable cash costs are expected at $7.15 to $8.15 per Boe. The company also raised its quarterly base dividend to $0.16 per share from $0.15, a 7% increase, payable March 31, 2026.

Year-end 2025 total proved reserves were 1,116 MMBoe, up from 1,027 MMBoe a year earlier, and leverage was 0.9xc net debt to LQA EBITDAX. The filing states that the company expects to file its Form 10-K on February 26, 2026, and will hold an earnings conference call that day. The full financial statements are to be presented in that 10-K.

02—Key points

Key Highlights

  1. Q4 2025 production averaged 401.5 MBoe/d, including 188.6 MBbls/d of oil, and realized oil price was $58.78 per barrel.
  2. Full-year 2025 cash provided by operating activities was $3.6 billion and adjusted free cash flow was $1.6 billion, with the company citing a ~20% increase in adjusted free cash flow versus 2024.
  3. 2026 guidance calls for total production of 400 to 430 MBoe/d, oil production of 186 to 192 MBbls/d, and cash capex of $1.75 to $1.95 billion.
  4. Quarterly base dividend increased 7% to $0.16 per share, with the company citing a 3.6% annualized yield as of February 24, 2026.
  5. Year-end 2025 proved reserves rose to 1,116 MMBoe from 1,027 MMBoe, with 43% oil, 26% NGLs and 31% natural gas.
  6. Full-year 2025 acquisitions totaled approximately $1.1 billion, covering more than 700 transactions, 30,000 net acres and 19,000 net royalty acres.
  7. Total debt was reduced by more than $600 million versus year-end 2024, and leverage was 0.9x net debt to LQA EBITDAX at year-end 2025.

03—Questions

Frequently Asked Questions

  1. How did Permian Resources perform financially in the fourth quarter of 2025?

    Q4 2025 net income attributable to Class A Common Stock was $339.5 million, or $0.45 per diluted share, compared with $216.7 million in Q4 2024. Oil and gas sales were $1.17 billion, and cash provided by operating activities was $904 million. Adjusted free cash flow was $403 million.

  2. What production and capital spending does the company expect in 2026?

    The company expects total average production of 400 to 430 MBoe/d and oil production of 186 to 192 MBbls/d. The total cash capital expenditure budget is $1.75 to $1.95 billion, and the company expects to turn approximately 250 gross wells in line. Management states this represents about 4% higher annual oil production than 2025 with a 6% lower capital budget year-over-year.

  3. What changes are being made to the dividend?

    The Board declared a first-quarter 2026 base dividend of $0.16 per share of Class A common stock, up from $0.15 previously, a 7% increase. The dividend is payable March 31, 2026 to shareholders of record as of March 17, 2026.

  4. How much did the company spend on acquisitions and how did it manage debt?

    In 2025 the company executed approximately $1.1 billion of acquisitions, and cash flow statements show $1.07 billion of acquisition of oil and natural gas properties, net. Total debt was reduced by more than $600 million compared with year-end 2024, and total debt at December 31, 2025 was $3.58 billion, with net debt of $3.42 billion.

  5. When will the full financial statements be available?

    The filing states that the company's financial statements and related footnotes will be available in its Annual Report on Form 10-K for the year ended December 31, 2025, which is expected to be filed with the SEC on February 26, 2026. An investor conference call is scheduled for February 26, 2026 at 9:00 a.m. Central time.

04—Continue

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