Permian Resources: Increased Synergies From Earthstone Integration

Torsten Asmus Permian Resources announced strong Q1 2024 results with 319,514 BOEPD in total production, including 151,794 barrels per day in oil production. Permian noted that its oil production increased by 11% compared to Q4 2023, although that quarter only included two months contribution from Earthstone since that acquisition closed one month into the quarter. Permian's oil production would have been fairly similar quarter-over-quarter if the Earthstone acquisition had closed at the start of Q4 2023. T ...