Permian Resources expects 2026 full year average oil production of 186 to 192 MBbls/d and total production of 400 to 430 MBoe/d, with a cash capital expenditure budget of $1.75B.
Bullish
Permian Resources achieved significant D&C cost reductions and operational efficiencies, increased oil production and accretive acquisitions, while also raising its base dividend and reducing total debt.
Bearish
Permian Resources faces commodity price volatility, a decline in cash equivalents, increased operating expenses, and operational challenges including competition for resources and services.