PR Permian Resources (PR) Q1 FY26 earnings call
Permian Resources delivered a record-setting quarter driven by strong operational execution and cost leadership in the Delaware Basin, resulting in its highest-ever free cash flow per share. The company emphasized its strategic flexibility to respond to market volatility, accelerating production in a higher price environment while maintaining a focus on capital discipline and accretive acquisitions. Investment-grade status further strengthens its financial position, supporting a balanced capital allocation framework.
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PR operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Oil production | 188.6K bbl/dQ4 production exceeded expectations with oil production of 188,600 barrels of oil per day and total production of 401,500 barrels of oil equivalent per day.Source: earnings call transcript | 192K bbl/dQ1 production exceeded expectations with oil production of 192,000 barrels a day and total production of 413,000 barrels of oil equivalent per day.Source: earnings call transcript | ~198K bbl/dOil production came in at approximately 198,000 barrels per day, up 3% quarter-over-quarter.Source: earnings call transcript | — |
| Production | 401.5K boe/dQ4 production exceeded expectations with oil production of 188,600 barrels of oil per day and total production of 401,500 barrels of oil equivalent per day.Source: earnings call transcript | 413K boe/dQ1 production exceeded expectations with oil production of 192,000 barrels a day and total production of 413,000 barrels of oil equivalent per day.Source: earnings call transcript | — | +2.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.