Permian Resources (US:PR)2025-08-07 14:00Financial Performance - Q2'25 adjusted EBITDAX was $894 million[17] - Adjusted operating cash flow for Q2'25 reached $817 million[17] - Adjusted free cash flow for Q2'25 was $312 million[17] - Net debt stood at $3581 million with a net debt-to-LQA EBITDAX ratio of 10x[17] Production and Operations - Total average production for Q2'25 was 3851 MBoe/d, including 1765 MBbls/d of oil, 978 MBbls/d of NGLs, and 6647 MMcf/d of natural gas[17,18] - The company increased the mid-point of full year oil and total production guidance to 1785 MBbls/d and 3850 MBoe/d respectively[18] - Cash capital expenditures for Q2'25 amounted to $505 million[18] Strategic Initiatives - The company closed the APA New Mexico bolt-on acquisition, adding approximately 13000 net acres[18] - Approximately 130 grassroots transactions added ~1,300 net acres and ~80 net royalty acres for ~$10 million[18] - The company expects recent marketing agreements to drive an incremental ~$50 million uplift to 2026E FCF versus 2024[18,39] Shareholder Returns and Balance Sheet - A base dividend of $015 per share was declared, representing a 44% dividend yield[18] - $43 million of PR stock was repurchased at an average of $1052 per share in April[18,20] - The company maintained a strong balance sheet with leverage of 10x and total liquidity of ~$3 billion[18,20]