Permian Resources Corporation reports results for the quarter ended June 30 - Earnings Summary
Permian Resources Corporation reports results for the quarter ended June 30 - Earnings Summary
Permian Resources Corporation PR.N reported quarterly adjusted earnings of 93 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of twenty analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 48 cents to 63 cents per share.
Revenue rose 55.1% to $1.86 billion from a year ago; analysts expected $1.67 billion.
Permian Resources Corporation's reported EPS for the quarter was 93 cents.
The company reported quarterly net income of $792.46 million.
Permian Resources Corporation shares had risen by 11.4% this quarter and gained 46.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 25.4% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Permian Resources Corporation is $25.00, about 20.8% above its last closing price of $19.79
This summary was machine generated from LSEG data August 5 at 10:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.58 | 0.93 | Beat |
Mar. 31 2026 | 0.36 | 0.05 | Missed |
Dec. 31 2025 | 0.28 | 0.45 | Beat |
Sep. 30 2025 | 0.31 | 0.44 | Beat |
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