Permian Resources CorpPREarnings & Financial Report
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. In May 2024, the company was acquired by ExxonMobil.
Revenue
$1.2B
Gross Profit
N/A
Operating Profit
$469.0M
Net Profit
$146.6M
Gross Margin
N/A
Operating Margin
37.7%
Net Margin
11.8%
YoY Growth
101.7%
EPS
$0.25
Permian Resources Corp Q1 FY2024 Financial Summary
Permian Resources Corp reported revenue of $1.2B (up 101.7% YoY) for Q1 FY2024, with a net profit of $146.6M (up 43.5% YoY) (11.8% margin).
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $146.6M |
| Gross Margin | N/A |
| Operating Margin | 37.7% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
Permian Resources Corp Q1 FY2024 revenue of $1.2B breaks down across 3 segments, led by Crude Oil at $1.1B (84.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Crude Oil | $1.1B | 84.6% |
| Natural Gas Liquids Reserves | $152.6M | 12.3% |
| Natural Gas Reserves | $38.8M | 3.1% |
Permian Resources Corp Revenue by Segment — Quarterly Trend
Permian Resources Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Crude Oil and Natural Gas Liquids Reserves) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Crude Oil | $1.0B | $1.1B | $1.0B | $1.1B |
| Natural Gas Liquids Reserves | $145.1M | $170.4M | $158.0M | $185.0M |
| Natural Gas Reserves | — | $33.9M | $30.2M | $81.7M |
Permian Resources Corp Annual Revenue by Year
Permian Resources Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.1B |
| 2024 | $5.0B |
| 2023 | $3.1B |
| 2022 | $2.1B |
Permian Resources Corp Quarterly Revenue & Net Profit History
Permian Resources Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.2B | -9.8% | $339.5M | 29.0% |
| Q3 FY2025 | $1.3B | +8.7% | $59.2M | 4.5% |
| Q2 FY2025 | $1.2B | -3.9% | $207.1M | 17.3% |
| Q1 FY2025 | $1.4B | +10.7% | $329.3M | 23.9% |
| Q4 FY2024 | $1.3B | +15.4% | $216.7M | 16.7% |
| Q3 FY2024 | $1.2B | +60.3% | $386.4M | 31.8% |
| Q2 FY2024 | $1.2B | +99.9% | $235.1M | 18.9% |
| Q1 FY2024 | $1.2B | +101.7% | $146.6M | 11.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.25B | $1.22B | $1.30B | $1.38B | $1.20B | $1.32B | $1.17B |
| YoY Growth | 101.7% | 99.9% | 60.3% | 15.4% | 10.7% | -3.9% | 8.7% | -9.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.08B | $15.41B | $16.62B | $16.90B | $17.08B | $17.49B | $17.33B | $17.91B |
| Liabilities | $5.73B | $5.75B | $6.25B | $6.38B | $6.27B | $6.59B | $6.05B | $6.38B |
| Equity | $6.96B | $8.35B | $9.00B | $9.14B | $9.38B | $9.46B | $10.03B | $10.28B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $647.6M | $938.4M | $954.4M | $871.6M | $898.0M | $1.04B | $766.5M | $904.3M |