NASDAQ$PR

Permian Resources Corp · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

PR Q2 2024 — $1.2M revenue

Factors which could cause our actual results to differ materially from the results contemplated by forward-looking statements include, but are not limited to:. Permian Resources Corp reported Q2 2024 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $1.2M.
  • Operating income: $455K.
  • Filed on Form 10-Q (accession 0001658566-24-000080).

Headline financials

Total Revenue

$1.25B

Previous: $623M+99.9%
EPS (adj)

$0.39

Previous: $0.21+85.7%
Capital Expenditures

-$1.3B

Previous: -$851M-53.1%
Free Cash Flow

-$1.07B

Previous: -$777M-37.3%
Net Income

$235M

Previous: $73.4M+220.3%
Operating Income

$455M

Previous: $191M+137.8%
Gross Profit

$517M

Previous: $623M-17.0%
Cash & Equivalents

$47.8M

Previous: $18.3M+161.8%
Total Assets

$15.4B

Previous: $8.93B+72.6%
Stock-Based Comp

$23M

Previous: $35.7M-35.6%

Revenue & EPS history

Permian Resources · Revenue · Quarterly

$1.25B

Q2 2024+99.9%vs Q2 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Permian Resources · $759M total across 3 segments · Q3 2023

  • Oil Sales
    $660M+66.3%
  • NGL Sales
    $59.7M+1.0%
  • Natural Gas Sales
    $38.4M-59.0%

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 Q2 2024

Historical avgQ2 2024

-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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