See more : Innovative Eyewear, Inc. (LUCY) Income Statement Analysis – Financial Results
Complete financial analysis of Permian Resources Corporation (PR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Permian Resources Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
You may be interested
- Voyageur Mineral Explorers Corp. (CPEFF) Income Statement Analysis – Financial Results
- China Motor Bus Company, Limited (0026.HK) Income Statement Analysis – Financial Results
- Falcon’s Beyond Global, Inc. Class A Common Stock (FBYD) Income Statement Analysis – Financial Results
- Fundely Co., Ltd. (3137.T) Income Statement Analysis – Financial Results
- Totens Sparebank (TOTG.OL) Income Statement Analysis – Financial Results
Permian Resources Corporation (PR)
About Permian Resources Corporation
Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.12B | 2.13B | 1.03B | 580.46M | 944.33M | 891.05M | 429.90M | 98.83M | 90.46M | 131.83M | 70.77M | 60.26M |
| Cost of Revenue | 1.47B | 714.46M | 481.44M | 539.15M | 663.05M | 467.40M | 237.22M | 99.19M | 116.99M | 91.57M | 23.35M | 26.86M |
| Gross Profit | 1.65B | 1.42B | 548.46M | 41.31M | 281.28M | 423.65M | 192.68M | -355.00K | -26.53M | 40.25M | 47.42M | 33.40M |
| Gross Profit Ratio | 52.88% | 66.48% | 53.25% | 7.12% | 29.79% | 47.54% | 44.82% | -0.36% | -29.33% | 30.54% | 67.01% | 55.43% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 161.86M | 159.55M | 110.45M | 72.87M | 79.16M | 63.30M | 49.88M | 204.69M | 14.21M | 31.69M | 16.84M | 6.94M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.16M | 1.78M |
| SG&A | 161.86M | 159.55M | 110.45M | 72.87M | 79.16M | 63.30M | 49.88M | 204.69M | 14.21M | 31.69M | 18.00M | 8.72M |
| Other Expenses | 391.90M | 167.10M | 75.02M | 57.77M | 74.59M | 8.00K | 37.55M | 6.18M | 20.00K | 281.00K | 0.00 | 0.00 |
| Operating Expenses | 553.76M | 326.66M | 185.48M | 130.64M | 153.75M | 129.80M | 87.43M | 210.87M | 21.70M | 38.57M | 42.22M | 526.00K |
| Cost & Expenses | 2.02B | 1.04B | 666.91M | 669.78M | 816.80M | 597.19M | 324.65M | 310.05M | 138.69M | 130.14M | 65.57M | 27.38M |
| Interest Income | 0.00 | 95.65M | 61.29M | 69.19M | 55.99M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 513.00K | 1.08M |
| Interest Expense | 177.21M | 95.65M | 61.29M | 69.19M | 55.99M | 26.36M | 5.73M | 6.00M | 6.27M | 2.48M | 0.00 | 0.00 |
| Depreciation & Amortization | 1.01B | 444.68M | 289.12M | 365.17M | 444.24M | 326.99M | 161.63M | 77.84M | 90.08M | 68.95M | 36.69M | 29.64M |
| EBITDA | 2.22B | 1.41B | 489.15M | -335.96M | 522.45M | 625.52M | 272.02M | -144.27M | 57.45M | 90.74M | 25.01M | 27.55M |
| EBITDA Ratio | 71.15% | 72.04% | 63.36% | 46.40% | 13.54% | 32.98% | 62.08% | -135.13% | 46.29% | 53.80% | 35.34% | 45.72% |
| Operating Income | 1.10B | 1.01B | 370.62M | -89.25M | -316.38M | 282.72M | 105.28M | -213.73M | -55.85M | -20.44M | -11.67M | -2.08M |
| Operating Income Ratio | 35.13% | 47.27% | 35.99% | -15.38% | -33.50% | 31.73% | 24.49% | -216.25% | -61.74% | -15.50% | -16.50% | -3.46% |
| Total Other Income/Expenses | -60.86M | -137.40M | -231.87M | 9.80M | -57.22M | -11.01M | -591.00K | -14.35M | 16.95M | 39.75M | -4.80M | 34.93M |
| Income Before Tax | 1.04B | 870.13M | 138.74M | -770.32M | 22.21M | 272.18M | 113.49M | -228.12M | -38.90M | 19.31M | 4.69M | 32.85M |
| Income Before Tax Ratio | 33.18% | 40.83% | 13.47% | -132.71% | 2.35% | 30.55% | 26.40% | -230.81% | -43.00% | 14.65% | 6.63% | 54.51% |
| Income Tax Expense | 155.95M | 120.29M | 569.00K | -85.12M | 5.80M | 59.44M | 29.93M | -406.00K | -572.00K | 1.52M | 1.08M | 563.00K |
| Net Income | 476.31M | 749.84M | 138.18M | -685.20M | 15.80M | 199.90M | 75.57M | -226.81M | -38.33M | 17.79M | 3.62M | 32.28M |
| Net Income Ratio | 15.26% | 35.18% | 13.42% | -118.04% | 1.67% | 22.43% | 17.58% | -229.48% | -42.37% | 13.50% | 5.11% | 53.57% |
| EPS | 1.38 | 2.62 | 0.49 | -2.47 | 0.06 | 0.76 | 0.32 | -1.13 | -2.96 | 0.61 | 0.13 | 1.11 |
| EPS Diluted | 1.24 | 2.32 | 0.46 | -2.47 | 0.06 | 0.75 | 0.32 | -1.13 | -2.96 | 0.61 | 0.13 | 1.11 |
| Weighted Avg Shares Out | 349.21M | 286.16M | 280.87M | 277.37M | 267.70M | 263.03M | 235.45M | 201.09M | 12.94M | 29.02M | 29.02M | 29.02M |
| Weighted Avg Shares Out (Dil) | 389.10M | 322.82M | 310.17M | 277.37M | 276.63M | 266.53M | 239.75M | 201.09M | 12.94M | 29.02M | 29.02M | 29.02M |
Permian Resources (PR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Permian Resources (PR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Analyst Blog ExxonMobil, Pioneer Natural Resources, Diamondback Energy, Permian Resources and Coterra Energy
ExxonMobil, Pioneer Natural Resources, Diamondback Energy, Permian Resources and Coterra Energy are part of the Zacks top Analyst Blog.
Will ExxonMobil's $60B Pioneer Megadeal Spur Permian M&A?
FANG, CTRA and PR could see heightened interest following ExxonMobil-Pioneer deal as assets in the Permian Basin remain attractive investment opportunities.
Permian Resources Announces Third Quarter 2023 Earnings Conference Call
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that it will report third quarter 2023 financial and operating results after the market closes for trading on Tuesday, November 7, 2023. Management will host an...
Permian Resources: The Best Permian Pure Play On The Market
Permian Resources recently announced plans to acquire Earthstone Energy, creating one of the largest oil and gas producers in the Permian Basin. Permian Resources is undervalued relative to its Permian peers, and the recent Exxon Mobil announcement to buy Pioneer...
EARTHSTONE ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Earthstone Energy, Inc. - ESTE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Earthstone Energy, Inc. (NYSE: ESTE) to Permian Resources Corporation (NYSE: PR)....
Hidden Gems: 3 Energy Stocks Flying Under the Radar
As treasury yields approach 17-year highs, valuations are starting to matter more. Investors are ditching expensive technology stocks and rotating into value.
Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common...
Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 20,300,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common...
Permian Resources Announces Pricing of $500.0 Million Private Placement of 7.000% Senior Notes Due 2032
MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities...
Source: https://incomestatements.info
Category: Stock Reports