Permian Resources Q2 FY26 net income rises to USD 792.46 million; revenue climbs to USD 1.86 billion
PR•Q2 earnings and revenue rise sharply
Permian Resources posted Q2 2026 net income of $792.46 million, more than doubled from $245.02 million a year earlier.
GAAP earnings were $0.93 per diluted share, up from $0.28 per diluted share a year earlier.
Oil and gas sales rose to $1.86 billion from $1.2 billion, while average daily oil output climbed 12.2% to 198,071 bbls/d.
Production, pricing and guidance changes
Total average production slipped 2.26% to 376,409 boe/d as Waha gas prices averaged $(3.14)/Mcf, prompting curtailments of high-GOR volumes.
Full-year oil guidance was lifted to 197,000-201,000 bbls/d; cash capital spending was raised to $1.9-$2.0 billion after $1.05 billion of bolt-on acquisitions.
