Permian Resources (PR) ZACKS·2025-02-24 15:22Core Viewpoint - The upcoming earnings report for Permian Resources is anticipated to show a slight decline in earnings per share while revenues are expected to increase significantly year over year [1]. Financial Performance - Quarterly earnings are projected at 1.32 billion, indicating a year-over-year increase of 17.8% [1]. - Over the past 30 days, the consensus EPS estimate has been revised upward by 5.2% [1]. Production Metrics - Average daily net production is expected to reach 358,924.80 BOE/D, up from 285,161 BOE/D a year ago [4]. - Average daily net production volume for natural gas is forecasted at 628,850.10 Mcf/D, compared to 478,781 Mcf/D in the previous year [4]. - Average daily net production volume for NGL is estimated at 86,205.90 BBL/D, an increase from 68,774 BBL/D a year ago [5]. - Average daily net production volume for oil is projected at 168,467.40 BBL/D, up from 136,590 BBL/D in the same quarter last year [5]. Sales Price Estimates - Average sales price for oil, including derivative cash settlements, is expected to be 77.14 a year ago [6]. - The average sales price for oil is projected at 76.61 in the previous year [6]. - Average sales price for NGL is anticipated to be 21.57 a year ago [6]. Stock Performance - Over the past month, shares of Permian Resources have decreased by 7.8%, while the Zacks S&P 500 composite has seen a decline of 0.5% [7]. - Permian Resources currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7].