Permian Resources Announces Strong Third Quarter 2024 Results and Increased Full Year Guidance [Yahoo! Finance]
Permian Resources Corporation (PR)
Company Research
Source: Yahoo! Finance
its third quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Reported crude oil and total average production of 160.8 MBbls/d and 347.1 MBoe/d during the quarter Announced cash capital expenditures of $520 million, cash provided by operating activities of $954 million and adjusted free cash flow of $303 million Continue to drive operational efficiencies, resulting in reduced cycle times and lower well costs Reduced D&C costs to ~$800 per lateral foot, which represents a 16% decrease from 2023 Announced quarterly base dividend of $0.15 per share, a 150% increase compared to the prior quarter Represents initial base dividend under the Company's updated return of capital strategy Maintained strong balance sheet with leverage of ~1x and ~$2.8 billion of total liquidity Ended quarter with undrawn revolver and $272 million of cash Received upgraded credit ratings by Moody's, S&P and Fitch Targeting inve
Show less
Read more
Impact Snapshot
Event Time:
PR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PR alerts
High impacting Permian Resources Corporation news events
Weekly update
A roundup of the hottest topics
PR
News
- Is Permian Resources (PR) the Best High Growth Energy Stock to Invest in? [Yahoo! Finance]Yahoo! Finance
- Permian Resources Co. (NYSE: PR) had its price target lowered by analysts at Piper Sandler from $21.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Permian Resources Announces Divestiture of Midstream Gathering Systems [Yahoo! Finance]Yahoo! Finance
- Kinetik Announces Bolt-On Acquisition of Gas and Crude Gathering Systems in Texas Delaware Basin from Permian Resources [Yahoo! Finance]Yahoo! Finance
- Permian Resources Announces Divestiture of Midstream Gathering SystemsBusiness Wire
PR
Earnings
- 11/6/24 - In-Line
PR
Sec Filings
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- PR's page on the SEC website