NASDAQ$PR

Permian Resources Corp · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

$616M

Previous: $347M+77.5%
EPS (adj)

$0.31

Previous: $0.06+416.7%
Net Oil Production

7.0K

Previous: 2.9K+139.2%
Net NGL Production

2.8K

Previous: 921+203.8%
Net Natural Gas Production

24.0K

Previous: 9.9K+141.6%
Total Net Production

13.8K

Previous: 5.5K+150.7%
Capital Expenditures

-$417M

Previous: -$84.1M-395.9%
Free Cash Flow

-$315M

Previous: -$68.3M-361.2%
Net Income

$102M

Previous: $15.8M+546.2%
Operating Income

$236M

Previous: $165M+43.0%
Gross Profit

$616M

Previous: $347M+77.5%
Cash & Equivalents

$25.6M

Previous: $50.6M-49.4%
Total Assets

$8.72B

Previous: $3.96B+120.4%
Stock-Based Comp

$17.9M

Previous: $5.55M+222.3%

Revenue & EPS history

Permian Resources · Revenue · Quarterly

$616M

Q1 2023+77.5%vs Q1 2022
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Permian Resources · $616M total across 3 segments · Q1 2023

  • Oil Sales
    $524M+99.6%
  • NGL Sales
    $59.8M+31.4%
  • Natural Gas Sales
    $32.1M-17.7%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-1.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-4.1%

Avg return

30 days after

59%

22 / 37 earnings

Positive

+14.9%

Q2 2020

Best reaction

-21.6%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.4%-10.1%-14.5%
Q4 2025+3.0%+4.4%+22.9%
Q3 2025+5.6%+11.6%+23.0%
Q1 2025+9.2%+17.3%+14.3%
Q4 2024+2.6%-5.3%+0.6%
Q3 2024+7.8%+8.8%+5.6%
Q2 2024+3.3%+8.7%+0.3%
Q1 2024-0.6%-4.6%-10.9%
Q4 2023+2.1%+5.6%+16.2%
Q3 2023-7.0%-6.5%-10.4%
Q2 2023-0.6%+3.7%+23.8%
Q1 2023-7.0%-6.9%+3.7%
Q4 2022+13.4%+19.8%+2.9%
Q3 2022-11.9%-3.1%-21.7%
Q2 2022+3.0%+5.7%+26.6%
Q1 2022+4.5%+3.2%-7.9%
Q4 2021+5.5%+9.6%+9.8%
Q3 2021+2.0%+4.0%-24.3%
Q2 2021-8.0%-6.4%+3.4%
Q1 2021+10.3%+4.9%+4.4%
Q4 2020+3.4%+4.9%+10.1%
Q3 2020-8.7%-10.6%+85.8%
Q2 2020+14.9%+10.0%-16.4%
Q1 2020-6.1%-9.4%+24.9%
Q4 2019-21.6%-18.8%-86.3%
Q2 2019-21.6%-18.8%-86.3%
Q3 2019+2.3%+2.6%-3.2%
Q1 2019-6.4%-2.5%-26.3%
Q2 2018-21.6%-26.1%-28.4%
Q4 2018-21.6%-26.1%-28.4%
Q3 2018+1.9%-5.2%-18.3%
Q1 2018+7.7%+3.0%-9.5%
Q2 2017+1.8%+5.2%-7.1%
Q4 2017+1.8%+5.2%-7.1%
Q3 2017-3.4%-2.6%-9.0%
Q1 2017+1.6%+2.6%-7.7%
Q4 2016+1.6%+2.6%-7.7%

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