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Permian Resources (PR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
PRPermian Resources (PR) ZACKS·2025-02-26 00:35

Core Insights - Permian Resources reported 1.3billioninrevenueforQ42024,ayearoveryearincreaseof15.41.3 billion in revenue for Q4 2024, a year-over-year increase of 15.4% and an EPS of 0.36, slightly up from 0.35ayearago[1]Therevenuewasa1.980.35 a year ago [1] - The revenue was a -1.98% surprise compared to the Zacks Consensus Estimate of 1.32 billion, while the EPS exceeded the consensus estimate of 0.34by+5.880.34 by +5.88% [1] Financial Performance - Average daily net production totaled 368,414 BOE/D, surpassing the seven-analyst average estimate of 358,924.8 BOE/D [4] - Natural gas production averaged 634,546 Mcf/D, exceeding the six-analyst average estimate of 628,850.1 Mcf/D [4] - NGL production averaged 91,382 BBL/D, above the six-analyst average estimate of 86,205.9 BBL/D [4] - Oil production averaged 171,274 BBL/D, compared to the six-analyst average estimate of 168,467.4 BBL/D [4] Pricing Metrics - Average sales price for gas, including derivative cash settlements, was 1.21, exceeding the 0.90averageestimate[4]Averagesalespriceforoil,includingderivativecashsettlements,was0.90 average estimate [4] - Average sales price for oil, including derivative cash settlements, was 70.75, slightly above the four-analyst average estimate of 70.39[4]Averagesalespriceforoilwas70.39 [4] - Average sales price for oil was 69.66, compared to the three-analyst average estimate of 69.05[4]Averagesalespricefornaturalgaswas69.05 [4] - Average sales price for natural gas was 0.87, exceeding the three-analyst average estimate of 0.73[4]AveragesalespriceforNGLwas0.73 [4] - Average sales price for NGL was 24.05, above the two-analyst average estimate of $23.41 [4] Stock Performance - Shares of Permian Resources have returned -6.1% over the past month, while the Zacks S&P 500 composite changed by -1.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]