← Permian Resources Corp
| Annual Trend | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | $83.6m | $212.7m | $16.4m | ($685.2m) | $138.2m | $749.8m | $879.7m | $1.3b | $1.1b | $1.3b | |
| Net Income (Loss) Attributable to Parent | ($38.3m) |
$75.6m
+297.18%
|
$199.9m
+164.53%
|
$15.8m
-92.10%
|
($682.8m)
-4422.30%
|
$138.2m
+120.24%
|
$515.0m
+272.74%
|
$476.3m
-7.52%
|
$984.7m
+106.74%
|
$935.2m
-5.03%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $8.0m | $12.8m | $616k | ($2.4m) | $0 | $234.8m | $403.4m | $265.8m | $163.8m | — | |
| Amortization of Debt Issuance Costs | $482k | $887k | $1.7m | $2.9m | $5.9m | $5.0m | $15.4m | $11.3m | $6.6m | $8.0m | — | |
| Depreciation, depletion and amortization | $89.9m | $161.6m | $326.5m | $444.2m | $358.6m | $289.1m | $444.7m | $1.0b | $1.8b | $2.0b | $2.1b | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $444.7m | $1.0b | $1.8b | $2.0b | $2.1b | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | — | $120.2m | $47.1m | $47.1m | — | $358.1m | |
| Deferred tax expense | ($572k) | $29.9m | $59.4m | $5.8m | ($85.1m) | $569k | $119.7m | $152.4m | $299.0m | $285.4m | — | |
| Deferred tax liability assumed in asset acquisition and merger | — | — | — | — | — | $0 | $0 | $344.2m | $0 | $0 | — | |
| Deferred Income Tax | — | — | — | — | — | — | $119.7m | $152.4m | $299.0m | $285.4m | $358.1m | |
| Share-based Payment Arrangement, Noncash Expense | — | $13.8m | $20.7m | $29.0m | $21.0m | $37.5m | $116.5m | $78.4m | $60.4m | $70.4m | $68.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $644k | $1.7m | $1.0m | $607k | $14.5m | $19.0m | $162.4m | $61.0m | $73.7m | — | |
| Share-based Payment Arrangement, Expense | — | $13.8m | $20.7m | $29.0m | $24.6m | $64.3m | $101.7m | $78.4m | $60.4m | $70.4m | $68.8m | |
| Stock-based compensation expense | $0 | $13.8m | $20.7m | $29.0m | $21.0m | $37.5m | $116.5m | $78.4m | $60.4m | $70.4m | $68.8m | |
| Impairment and abandonment expense | $7.6m | ($29k) | $11.1m | $47.2m | $691.2m | $32.5m | $3.9m | $6.7m | $9.9m | $8.0m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $3.9m | $6.7m | $9.9m | $8.0m | $6.4m | |
| Other Nonoperating Income (Expense) | — | $0 | $8k | $334k | $81k | $395k | $609k | $2.3m | $16.1m | $27.8m | — | |
| Nonoperating Income (Expense) | — | $8.2m | ($10.5m) | ($57.2m) | $9.8m | ($231.9m) | ($137.4m) | ($60.9m) | ($193.7m) | ($79.6m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $22.4m | $92.2m | $18.5m | $2.7m | ($91.4m) | |
| Increase (Decrease) in Accounts Receivable | $5.2m | $43.6m | $33.0m | $10.1m | ($44.6m) | $21.5m | $66.8m | ($36.3m) | $51.4m | $321.5m | ($431.1m) | |
| Change In Receivables | — | — | — | — | — | — | ($66.8m) | $36.3m | ($51.4m) | ($321.5m) | ($431.1m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($66.8m) | $36.3m | ($51.4m) | ($321.5m) | ($431.1m) | |
| Increase (decrease) in accounts payable and other liabilities | ($8.7m) | $26.8m | $66.7m | $33.8m | ($56.4m) | $16.0m | $90.9m | $83.2m | $78.4m | $347.4m | $373.2m | |
| Accrued capital expenditures included in accounts payable and accrued expenses | $13.1m | $126.5m | $119.5m | $97.1m | $23.4m | $29.1m | $166.1m | $325.1m | $291.6m | $248.3m | — | |
| (Increase) decrease in prepaid and other assets | ($864k) | ($4.1m) | ($1.2m) | ($1.9m) | ($3.8m) | $2.9m | ($1.8m) | ($27.3m) | ($8.5m) | ($23.3m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $68.9m |
$259.9m
+277.34%
|
$670.0m
+157.78%
|
$564.2m
-15.80%
|
$171.4m
-69.62%
|
$525.6m
+206.71%
|
$1.4b
+160.96%
|
$2.2b
+61.37%
|
$3.4b
+54.14%
|
$3.6b
+5.73%
|
$4.0b
+10.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | ($857k) | $398k | $34.2m | ($1.3m) | $211k | $375k | $0 | $256.9m | |
| Purchases of other property and equipment | ($2.1m) | ($4.9m) | ($6.1m) | ($8.9m) | ($1.1m) | ($901k) | ($3.6m) | ($34.5m) | ($12.8m) | ($13.7m) | — | |
| Drilling and development capital expenditures | ($156.0m) | ($566.4m) | ($998.2m) | ($855.2m) | ($318.5m) | ($319.6m) | ($771.6m) | ($1.5b) | ($2.1b) | ($2.0b) | — | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($771.6m) | ($1.5b) | ($2.1b) | ($2.0b) | ($2.9b) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $496.7m | ($39.8m) | — | — | — | |
| Contingent considerations received related to divestiture | $0 | — | — | — | — | — | $0 | $60.0m | $0 | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | — | $7.9m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($992.3m) | ($1.1b) | ($933.0m) | ($326.3m) | ($226.5m) | ($1.2b) | ($1.6b) | ($3.1b) | ($2.9b) | ($2.9b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | $143.4m | ($22.2m) | $0 | $0 | ($8.6m) | ($270.1m) | — | |
| Loss on extinguishment of debt | — | — | $0 | $0 | ($143.4m) | $22.2m | $0 | $0 | $8.6m | $270.1m | — | |
| Proceeds from borrowings under revolving credit facility | $92.0m | $275.0m | $475.0m | $595.0m | $570.0m | $570.0m | $1.1b | $1.9b | $2.0b | $0 | — | |
| Repayment of borrowings under revolving credit facility | ($83.0m) | ($275.0m) | ($175.0m) | ($720.0m) | ($415.0m) | ($875.0m) | ($755.0m) | ($2.3b) | ($2.0b) | $0 | — | |
| Debt issuance and redemption costs | ($259k) | ($9.5m) | ($5.2m) | ($7.2m) | ($6.7m) | ($6.4m) | ($19.8m) | ($15.2m) | ($26.5m) | ($18.8m) | — | |
| Equity issued and long-term debt assumed to acquire oil and gas properties | — | — | — | — | $0 | $0 | $3.3b | $4.9b | $100.4m | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.1b | $2.9b | $3.0b | $0 | $890.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.1b | $2.9b | $3.0b | $0 | $890.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($40.0m) | ($217.5m) | $343.6m | ($464.5m) | ($836.8m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($40.0m) | ($217.5m) | $343.6m | ($464.5m) | ($836.8m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | ($400.0m) | ($830.0m) | — | — | $0 | |
| Short Term Debt Issuance | — | — | — | — | — | $570.0m | $1.1b | $1.9b | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.2b) | ($3.2b) | ($2.6b) | ($464.5m) | ($1.7b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.2b) | ($3.2b) | ($2.6b) | ($464.5m) | ($1.7b) | |
| Short Term Debt Payments | — | — | — | — | — | $0 | ($400.0m) | ($830.0m) | — | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $402.2m | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($19.0m) | ($162.4m) | ($61.0m) | ($73.7m) | ($30.4m) | |
| Proceeds from Issuance of Common Stock | — | $340.8m | $0 | $0 | — | — | — | — | $402.2m | $0 | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | $402.2m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($19.0m) | ($162.4m) | $341.2m | ($73.7m) | ($30.4m) | |
| Common Stock Payments | — | — | — | — | — | — | ($19.0m) | ($162.4m) | ($61.0m) | ($73.7m) | ($30.4m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($14.4m) | ($141.9m) | ($466.9m) | ($447.7m) | ($505.1m) | |
| Dividends paid | — | — | — | — | $0 | $0 | $14.4m | $141.9m | $466.9m | $447.7m | ($505.1m) | |
| Dividends Payable | — | — | — | — | $0 | $0 | $1.1m | $3.5m | $8.5m | $10.4m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($14.4m) | ($141.9m) | ($466.9m) | ($447.7m) | ($505.1m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($33.3m) | ($109.9m) | ($120.4m) | ($74.0m) | ($35.8m) | |
| Net cash (used in) provided by financing activities | $118.5m |
$724.2m
+511.14%
|
$294.2m
-59.38%
|
$362.9m
+23.38%
|
$147.7m
-59.29%
|
($297.5m)
-301.39%
|
($106.6m)
+64.17%
|
($631.2m)
-491.97%
|
$97.7m
+115.48%
|
($1.1b)
-1184.62%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | $724.2m |
$294.2m
-59.38%
|
$362.9m
+23.38%
|
$147.7m
-59.29%
|
($297.5m)
-301.39%
|
($106.6m)
+64.17%
|
($631.2m)
-491.97%
|
$97.7m
+115.48%
|
($1.1b)
-1184.62%
|
($1.4b)
-32.70%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($11.2m) | ($8.2m) | ($104.5m) | ($5.9m) | ($7.2m) | $1.6m | $60.0m | $3.9m | $405.5m | ($325.7m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($8.2m) | ($104.5m) | ($5.9m) | ($7.2m) | $1.6m | $60.0m | $3.9m | $405.5m | ($325.7m) | $131.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $9.9m | $69.9m | $73.9m | $479.3m | $451.0m | |
| Cash, cash equivalents and restricted cash, beginning of period | $1.8m | $125.9m | $21.4m | $15.5m | $8.3m | $9.9m | $69.9m | $73.9m | $479.3m | $153.7m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $125.9m | $21.4m | $15.5m | $8.3m | $9.9m | $69.9m | $73.9m | $479.3m | $153.7m | $131.7m | |
| Restricted cash | $0 | $8.6m | $3.3m | $5.3m | $2.5m | $555k | $10.4m | $574k | $0 | $0 | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Income Tax Expense (Benefit) | — | $29.9m | $59.4m | $5.8m | ($85.1m) | $569k | $120.3m | $155.9m | $300.3m | $284.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $304.8m | $283.1m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | — | $516k | $791k | $912k | $1.1m | $1.2m | $1.6m | $3.6m | $9.4m | $11.6m | — | |
| General and Administrative Expense | — | $49.9m | $63.3m | $79.2m | $72.9m | $110.5m | $159.6m | $161.9m | $174.6m | $186.5m | — | |
| Noncash Merger Related Costs | — | $0 | $0 | — | — | — | — | — | — | — | — | |
| Operating Expenses | — | $324.6m | $608.3m | $864.0m | $1.4b | $699.4m | $1.1b | $2.0b | $3.3b | $3.6b | — | |
| Proceeds from Contributed Capital | — | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $877k | $982k | $0 | $0 | $132k | $109k | $534k | $257k | $219k | — | |
| Unrealized Gain (Loss) on Derivatives | — | $5.8m | ($5.3m) | $4.1m | ($17.9m) | ($16.7m) | $77.7m | $14.6m | $17.8m | $168.5m | — | |
| Net (gain) loss on sale of long-lived assets | ($2.4m) | ($8.8m) | ($475k) | $857k | ($398k) | ($34.2m) | $1.3m | ($211k) | ($375k) | $0 | — | |
| Non-cash portion of derivative (gain) loss | $14.7m | ($5.8m) | $5.3m | ($4.1m) | $17.9m | $16.7m | ($77.7m) | ($14.6m) | ($17.8m) | ($168.5m) | — | |
| Acquisition of oil and natural gas properties, net | ($43.2m) | ($435.5m) | ($212.5m) | ($103.7m) | ($8.5m) | ($6.5m) | ($8.9m) | ($234.3m) | ($1.0b) | ($1.1b) | — | |
| Proceeds from sales of oil and natural gas properties | $2.7m | $22.5m | $148.1m | $34.7m | $1.7m | $100.6m | $75.6m | $115.5m | $16.4m | $176.7m | — | |
| Proceeds from equity offering, net | $0 | $340.8m | $0 | $0 | — | — | $0 | $0 | $402.2m | $0 | — | |
| Repayment of credit facility acquired in mergers | — | — | — | — | $0 | $0 | ($400.0m) | ($830.0m) | $0 | $0 | — | |
| Proceeds from issuance of senior notes | — | $400.0m | $0 | $496.2m | $0 | $170.0m | $0 | $997.5m | $1.0b | $0 | — | |
| Redemption of senior notes | — | — | — | $0 | $0 | ($127.1m) | $0 | $0 | ($656.4m) | ($464.5m) | — | |
| Proceeds from exercise of stock options | $0 | $877k | $982k | $0 | $0 | $132k | $109k | $534k | $257k | $219k | — | |
| Share repurchases | $0 | ($644k) | ($1.7m) | ($1.0m) | ($607k) | ($14.5m) | ($19.0m) | ($162.4m) | ($61.0m) | ($73.7m) | — | |
| Equity issued to redeem Convertible Senior Notes | — | — | $0 | $0 | $106.0m | $0 | $0 | $0 | $0 | $430.0m | — | |
| Asset retirement obligations incurred, including revisions to estimates | $146k | $4.0m | $1.5m | $2.3m | ($563k) | $249k | $22.6m | $83.4m | $34.7m | $23.7m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($106.6m) | ($631.2m) | $97.7m | ($1.1b) | ($1.4b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.2b) | ($1.6b) | ($3.1b) | ($2.9b) | ($2.9b) | |
| Change In Account Payable | — | — | — | — | — | — | $90.9m | $83.2m | $78.4m | $347.4m | $373.2m | |
| Change In Payable | — | — | — | — | — | — | $90.9m | $83.2m | $78.4m | $347.4m | $373.2m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($1.8m) | ($27.3m) | ($8.5m) | ($23.3m) | ($33.4m) | |
| Changes In Cash | — | — | — | — | — | — | $60.0m | $3.9m | $405.5m | ($325.7m) | ($319.3m) | |
| End Cash Position | — | — | — | — | — | — | $69.9m | $73.9m | $479.3m | $153.7m | $131.7m | |
| Financing Cash Flow | — | — | — | — | — | — | ($106.6m) |
($631.2m)
-491.97%
|
$97.7m
+115.48%
|
($1.1b)
-1184.62%
|
($1.4b)
-32.70%
|
|
| Free Cash Flow | — | — | — | — | — | — | $587.7m | $419.8m | $291.3m | $557.4m | $1.1b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($77.7m) | ($14.6m) | ($17.8m) | ($168.5m) | ($2.1m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $1.3m | ($211k) | ($375k) | $0 | ($263k) | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.2b) | ($1.6b) | ($3.1b) | ($2.9b) | ($2.9b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($496.7m) | $99.8m | $0 | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $63.2m | ($153.3m) | ($1.0b) | ($907.5m) | ($956.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($76.4m) | ($14.8m) | ($9.6m) | $101.6m | $256.9m | |
| Other Non Cash Items | — | — | — | — | — | — | $15.4m | $11.3m | $6.6m | $8.0m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $109k | $534k | $257k | $219k | $1.8m | |
| Purchase Of Business | — | — | — | — | — | $0 | ($496.7m) | — | — | — | — | |
| Purchase Of PPE | — | — | — | — | — | — | ($12.4m) | ($268.8m) | ($1.1b) | ($1.1b) | ($2.9b) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $99.8m | $0 | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $75.6m | $115.5m | $16.4m | $176.7m | $10.1m | |
| Stock Based Compensation | — | — | — | — | — | — | $92.3m | $78.4m | $60.4m | $70.4m | $68.8m | |
| Cash (paid) received for businesses acquired in mergers, net of cash received | — | — | — | — | — | — | $496.7m | $39.8m | $0 | $0 | — | |
| Cash and cash equivalents | $1.8m | $117.3m | $18.2m | $10.2m | $5.8m | $9.4m | $59.5m | $73.3m | $479.3m | $153.7m | $451.0m | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $60.0m | $3.9m | $405.5m | ($325.7m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $5.8m | $4.3m | $18.3m | $48.9m | $69.7m | $57.9m | $60.7m | $140.1m | $267.1m | $288.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | $0 | $0 | $613k | $3.6m | $6.8m | ($812k) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.