Permian Resources Holdings Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Permian Resources Holdings Inc reported net income of $1.1B (-12.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Oil and gas sales | $5.1B | $5.0B | $3.1B | $2.1B |
| Lease operating expenses | $753.1M | $685.2M | $373.8M | $171.9M |
| Severance and ad valorem taxes | $390.3M | $377.7M | $240.8M | $155.7M |
| Gathering, processing and transportation expenses | $200.1M | $183.6M | $89.3M | $97.9M |
| Depreciation, depletion and amortization | $2.0B | $1.8B | $1.0B | $444.7M |
| General and administrative expenses | $186.5M | $174.6M | $161.9M | $159.6M |
| Merger and integration expense | $0 | $18.1M | $125.3M | $77.4M |
| Impairment and abandonment expense | $8.0M | $9.9M | $6.7M | $3.9M |
| Exploration and other expenses | $32.0M | $30.8M | $19.3M | $11.4M |
| Total operating expenses | $3.6B | $3.3B | $2.0B | $1.1B |
| Net gain (loss) on sale of long-lived assets | $0 | $375.0K | $211.0K | ($1.3M) |
| Income from operations | $1.5B | $1.7B | $1.1B | $1.0B |
| Interest expense | ($283.1M) | ($304.8M) | ($177.2M) | ($95.6M) |
| Gain (Loss) on Extinguishment of Debt | ($270.1M) | — | $0 | $0 |
| Net gain (loss) on derivative instruments | $445.7M | $95.0M | $114.0M | ($42.4M) |
| Other income (expense) | $27.8M | $16.1M | $2.3M | $609.0K |
| Total other income (expense) | ($79.6M) | ($193.7M) | ($60.9M) | ($137.4M) |
| Income before income taxes | $1.4B | $1.6B | $1.0B | $870.1M |
| Income tax expense | ($284.2M) | ($300.3M) | ($155.9M) | ($120.3M) |
| Net income | $1.1B | $1.3B | $879.7M | $749.8M |
| Less: Net income attributable to noncontrolling interest | ($163.8M) | ($265.8M) | ($403.4M) | ($234.8M) |
| Net income attributable to Class A Common Stock | $935.2M | $984.7M | $476.3M | $515.0M |
| Basic (in dollars per share) | $1.31 | $1.54 | $1.36 | $1.80 |
| Diluted (in dollars per share) | $1.28 | $1.45 | $1.24 | $1.61 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Oil and gas sales | $1.9B | $1.4B | $1.3B | $1.2B |
| Lease operating expenses | $190.0M | $192.9M | $191.3M | $188.0M |
| Severance and ad valorem taxes | $143.7M | $101.3M | $101.5M | $94.9M |
| Gathering, processing and transportation expenses | $36.5M | $50.6M | $54.0M | $55.8M |
| Depreciation, depletion and amortization | $500.2M | $526.3M | $526.9M | $506.4M |
| General and administrative expenses | $48.0M | $43.8M | $50.0M | $49.8M |
| Impairment and abandonment expense | $1.7M | $2.0M | $2.3M | $146.0K |
| Exploration and other expenses | $9.8M | $4.0M | $4.9M | $5.1M |
| Total operating expenses | $929.9M | $920.9M | $930.9M | $900.1M |
| Income from operations | $928.2M | $467.2M | $390.9M | $297.5M |
| Interest expense | ($59.6M) | ($67.0M) | ($69.4M) | ($72.8M) |
| (Gain) loss on extinguishment of debt | $5.3M | $0 | ($264.3M) | — |
| Net gain (loss) on derivative instruments | $139.1M | ($339.9M) | $105.7M | $73.0M |
| Other income (expense) | $2.9M | $3.6M | $5.9M | $9.8M |
| Total other income (expense) | $87.7M | ($403.4M) | ($222.1M) | $10.0M |
| Income before income taxes | $1.0B | $63.9M | $168.9M | $307.5M |
| Income tax expense | ($223.4M) | ($13.5M) | ($87.4M) | ($62.5M) |
| Net income | $792.5M | $50.4M | $81.5M | $245.0M |
| Less: Net income attributable to noncontrolling interest | $0 | ($6.8M) | ($22.2M) | ($37.9M) |
| Net income attributable to Class A Common Stock | $792.5M | $43.6M | $59.2M | $207.1M |
| Basic (USD per share) | $0.95 | $0.05 | $0.08 | $0.30 |
| Diluted (USD per share) | $0.93 | $0.05 | $0.08 | $0.28 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $153.7M | $479.3M | $73.3M | $59.5M |
| Accounts receivable, net | $840.7M | $530.5M | $481.1M | $282.8M |
| Derivative Asset, Current | $279.7M | $85.5M | $70.6M | $100.8M |
| Prepaid and other current assets | $38.1M | $26.3M | $25.5M | $20.6M |
| Total current assets | $1.3B | $1.1B | $650.4M | $463.8M |
| Unproved properties | $1.9B | $2.0B | $2.4B | $1.4B |
| Proved properties | $21.5B | $18.6B | $15.0B | $8.9B |
| Accumulated depreciation, depletion and amortization | ($7.2B) | ($5.2B) | ($3.4B) | ($2.4B) |
| Total oil and natural gas properties, net | $16.2B | $15.4B | $14.0B | $7.9B |
| Other property and equipment, net | $57.1M | $50.4M | $43.6M | $15.2M |
| Total property and equipment, net | $16.3B | $15.5B | $14.1B | $7.9B |
| Operating Lease, Right-of-Use Asset | $132.8M | $119.7M | $59.4M | $64.8M |
| Other noncurrent assets | $160.8M | $183.1M | $176.1M | $74.6M |
| TOTAL ASSETS | $17.9B | $16.9B | $15.0B | $8.5B |
| Accounts payable and accrued expenses | $1.5B | $1.2B | $1.2B | $562.2M |
| Operating Lease, Liability, Current | $79.5M | $57.2M | $33.0M | $29.8M |
| Other current liabilities | $144.7M | $71.7M | $41.0M | $11.7M |
| Total current liabilities | $1.7B | $1.3B | $1.2B | $605.6M |
| Long-term debt, net | $3.5B | $4.2B | $3.8B | $2.1B |
| Asset retirement obligations | $166.8M | $148.4M | $121.4M | $40.9M |
| Deferred income taxes | $893.5M | $602.4M | $422.6M | $4.4M |
| Operating Lease, Liability, Noncurrent | $55.1M | $64.3M | $28.3M | $41.3M |
| Other noncurrent liabilities | $39.5M | $52.7M | $73.2M | $3.2M |
| Total liabilities | $6.4B | $6.4B | $5.7B | $2.8B |
| Common stock | $84.0K | $81.0K | $77.0K | $57.0K |
| Additional paid-in capital | $8.7B | $8.1B | $5.8B | $2.7B |
| Retained earnings (accumulated deficit) | $1.6B | $1.1B | $569.1M | $237.2M |
| Total shareholders’ equity | $10.3B | $9.1B | $6.3B | $2.9B |
| Noncontrolling interest | $1.3B | $1.4B | $2.9B | $2.7B |
| Total equity | $11.5B | $10.5B | $9.2B | $5.7B |
| TOTAL LIABILITIES AND EQUITY | $17.9B | $16.9B | $15.0B | $8.5B |
| Common stock, shares issued (in shares) | 757.9M | 707.4M | 544.6M | 298.6M |
| Common stock, shares outstanding (in shares) | 751.7M | 703.8M | 540.8M | 557.8M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $131.7M | $170.8M | $111.8M | $451.0M |
| Accounts receivable, net | $930.6M | $932.9M | $571.8M | $513.1M |
| Derivative instruments | $128.7M | $46.2M | $205.0M | $151.2M |
| Prepaid and other current assets | $35.3M | $34.3M | $28.3M | $33.7M |
| Total current assets | $1.2B | $1.2B | $916.9M | $1.1B |
| Unproved properties | $2.1B | $2.0B | $2.0B | $1.9B |
| Proved properties | $22.9B | $22.1B | $20.7B | $20.2B |
| Accumulated depreciation, depletion and amortization | ($8.2B) | ($7.7B) | ($6.7B) | ($6.1B) |
| Total oil and natural gas properties, net | $16.8B | $16.4B | $16.0B | $16.0B |
| Other property and equipment, net | $57.1M | $57.2M | $56.6M | $52.2M |
| Total property and equipment, net | $16.9B | $16.5B | $16.1B | $16.0B |
| Operating lease right-of-use assets | $139.6M | $139.5M | $142.3M | $147.6M |
| Other noncurrent assets | $263.8M | $206.8M | $163.4M | $171.0M |
| TOTAL ASSETS | $18.5B | $18.0B | $17.3B | $17.5B |
| Accounts payable and accrued expenses | $1.8B | $1.4B | $1.2B | $1.4B |
| Operating lease liabilities | $80.5M | $82.8M | $78.2M | $74.6M |
| Other current liabilities | $87.2M | $129.1M | $81.4M | $70.5M |
| Total current liabilities | $2.0B | $1.8B | $1.4B | $1.8B |
| Long-term debt, net | $3.0B | $3.5B | $3.5B | $3.7B |
| Asset retirement obligations | $175.6M | $169.9M | $163.7M | $159.2M |
| Deferred income taxes | $1.3B | $1.0B | $851.9M | $759.3M |
| Operating lease liabilities | $60.9M | $58.5M | $66.0M | $74.9M |
| Other noncurrent liabilities | $43.7M | $39.8M | $54.5M | $56.2M |
| Total liabilities | $6.5B | $6.7B | $6.1B | $6.6B |
| Common stock | $84.0K | $84.0K | $84.0K | $81.0K |
| Additional paid-in capital | $9.9B | $9.9B | $8.7B | $8.1B |
| Retained earnings (accumulated deficit) | $2.1B | $1.5B | $1.3B | $1.4B |
| Total shareholders' equity | $12.0B | $11.3B | $10.0B | $9.5B |
| Noncontrolling interest | $0 | $0 | $1.2B | $1.4B |
| Total equity | $12.0B | $11.3B | $11.3B | $10.9B |
| TOTAL LIABILITIES AND EQUITY | $18.5B | $18.0B | $17.3B | $17.5B |
| Common stock, shares authorized (in shares) | 1.5B | — | — | — |
| Common stock, par value (in dollars per share) | $0.00 | — | — | — |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $1.1B | $1.3B | $879.7M | $749.8M |
| Depreciation, depletion and amortization | $2.0B | $1.8B | $1.0B | $444.7M |
| Stock-based compensation expense | $70.4M | $60.4M | $78.4M | $116.5M |
| Impairment and abandonment expense | $8.0M | $9.9M | $6.7M | $3.9M |
| Deferred tax expense | $285.4M | $299.0M | $152.4M | $119.7M |
| Net (gain) loss on sale of long-lived assets | $0 | ($375.0K) | ($211.0K) | $1.3M |
| Non-cash portion of derivative (gain) loss | ($168.5M) | ($17.8M) | ($14.6M) | ($77.7M) |
| Amortization of debt issuance costs, discount and premium | $8.0M | $6.6M | $11.3M | $15.4M |
| Loss on extinguishment of debt | $270.1M | $8.6M | $0 | $0 |
| (Increase) decrease in accounts receivable | ($321.5M) | ($51.4M) | $36.3M | ($66.8M) |
| (Increase) decrease in prepaid and other assets | ($23.3M) | ($8.5M) | ($27.3M) | ($1.8M) |
| Increase (decrease) in accounts payable and other liabilities | $347.4M | $78.4M | $83.2M | $90.9M |
| Net cash provided by operating activities | $3.6B | $3.4B | $2.2B | $1.4B |
| Acquisition of oil and natural gas properties, net | ($1.1B) | ($1.0B) | ($234.3M) | ($8.9M) |
| Drilling and development capital expenditures | ($2.0B) | ($2.1B) | ($1.5B) | ($771.6M) |
| Cash (paid) received for businesses acquired in mergers, net of cash received | $0 | $0 | — | — |
| Purchases of other property and equipment | ($13.7M) | ($12.8M) | ($34.5M) | ($3.6M) |
| Contingent considerations received related to divestiture | $0 | $0 | — | — |
| Proceeds from sales of oil and natural gas properties | $176.7M | $16.4M | $115.5M | $75.6M |
| Net cash used in investing activities | ($2.9B) | ($3.1B) | ($1.6B) | ($1.2B) |
| Proceeds from equity offering, net | $0 | $402.2M | — | — |
| Proceeds from borrowings under revolving credit facility | $0 | $2.0B | $1.9B | $1.1B |
| Repayment of borrowings under revolving credit facility | $0 | ($2.0B) | ($2.3B) | ($755.0M) |
| Repayment of credit facility acquired in mergers | $0 | $0 | ($830.0M) | ($400.0M) |
| Proceeds from issuance of senior notes | $0 | $1.0B | $997.5M | $0 |
| Debt issuance and redemption costs | ($18.8M) | ($26.5M) | ($15.2M) | ($19.8M) |
| Redemption of senior notes | ($464.5M) | ($656.4M) | $0 | $0 |
| Proceeds from exercise of stock options | $219.0K | $257.0K | $534.0K | $109.0K |
| Share repurchases | ($73.7M) | ($61.0M) | ($162.4M) | ($19.0M) |
| Dividends paid | ($447.7M) | ($466.9M) | ($141.9M) | ($14.4M) |
| Distributions paid to noncontrolling interest owners | $55.2M | $94.0M | $94.7M | $13.5M |
| Net cash (used in) provided by financing activities | ($1.1B) | $97.7M | ($631.2M) | ($106.6M) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($325.7M) | $405.5M | $3.9M | $60.0M |
| Cash, cash equivalents and restricted cash, beginning of period | $479.3M | $73.9M | $69.9M | $9.9M |
| Cash, cash equivalents and restricted cash, end of period | $153.7M | $479.3M | $73.9M | $69.9M |
| Cash paid for interest | $288.7M | $267.1M | $140.1M | $60.7M |
| Cash paid (refunded) for income taxes | ($812.0K) | — | — | — |
| Equity issued and long-term debt assumed to acquire oil and gas properties | $0 | $100.4M | $4.9B | $3.3B |
| Equity issued to redeem Convertible Senior Notes | $430.0M | — | — | $0 |
| Accrued capital expenditures included in accounts payable and accrued expenses | $248.3M | $291.6M | $325.1M | $166.1M |
| Deferred tax liability assumed in asset acquisition and merger | $0 | $0 | $344.2M | — |
| Asset retirement obligations incurred, including revisions to estimates | $23.7M | $34.7M | $83.4M | $22.6M |
| Dividends payable | $10.4M | $8.5M | $3.5M | $1.1M |
| Cash and cash equivalents | $153.7M | $479.3M | $73.3M | $59.5M |
| Restricted cash | $0 | $0 | $574.0K | $10.4M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $842.9M | $50.4M | $717.0M | $635.6M |
| Depreciation, depletion and amortization | $1.0B | $526.3M | $1.5B | $980.6M |
| Stock-based compensation expense | $35.5M | $16.2M | $55.3M | $37.1M |
| Impairment and abandonment expense | $3.8M | $2.0M | $7.6M | $5.4M |
| Deferred tax expense | $230.6M | $13.0M | $246.3M | $157.9M |
| Non-cash portion of derivative (gain) loss | $112.7M | $369.3M | ($89.0M) | ($53.7M) |
| Amortization of debt issuance costs, discount and premium | $4.5M | $1.7M | $6.3M | $4.3M |
| (Gain) loss on extinguishment of debt | ($5.3M) | $0 | $270.1M | $5.8M |
| (Increase) decrease in accounts receivable | ($86.2M) | ($87.3M) | ($40.2M) | $23.5M |
| (Increase) decrease in prepaid and other assets | ($13.4M) | $17.8M | ($3.0M) | ($3.2M) |
| Increase (decrease) in accounts payable and other liabilities | $169.2M | ($94.4M) | $25.1M | $143.5M |
| Net cash provided by operating activities | $2.3B | $815.1M | $2.7B | $1.9B |
| Acquisition of oil and natural gas properties, net | ($534.3M) | ($204.9M) | ($830.3M) | ($650.3M) |
| Drilling and development capital expenditures | ($987.7M) | ($466.2M) | ($1.5B) | ($1.0B) |
| Purchases of other property and equipment | ($3.7M) | ($2.0M) | ($11.3M) | ($5.1M) |
| Proceeds from sales of oil and natural gas properties | $9.4M | $9.0M | $179.6M | $176.0M |
| Net cash used in investing activities | ($1.5B) | ($664.0M) | ($2.1B) | ($1.5B) |
| Proceeds from borrowings under revolving credit facility | $890.0M | $50.0M | $0 | $0 |
| Repayment of borrowings under revolving credit facility | ($890.0M) | ($50.0M) | $0 | $0 |
| Debt issuance and redemption costs | ($8.9M) | ($293.0K) | ($18.5M) | ($17.4M) |
| Redemption of senior notes | ($550.0M) | $0 | ($464.5M) | ($177.7M) |
| Proceeds from exercise of stock options | $1.6M | $1.2M | $219.0K | $59.0K |
| Share repurchases | $0 | — | ($73.7M) | ($43.3M) |
| Dividends paid | ($269.1M) | ($134.9M) | ($324.2M) | ($211.8M) |
| Distributions paid to noncontrolling interest owners | $0 | $0 | ($42.6M) | ($29.8M) |
| Net cash used in financing activities | ($826.5M) | ($134.0M) | ($923.3M) | ($479.9M) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($22.0M) | $17.1M | ($367.5M) | ($28.3M) |
| Cash, cash equivalents and restricted cash, beginning of period | $153.7M | $153.7M | $479.3M | $479.3M |
| Cash, cash equivalents and restricted cash, end of period | $131.7M | $170.8M | $111.8M | $451.0M |
| Cash paid for interest | $131.2M | $105.4M | $264.3M | $148.6M |
| Income Tax Paid, after Refund Received | $966.0K | ($87.0K) | ($589.0K) | ($809.0K) |
| Accrued capital expenditures included in accounts payable and accrued expenses | $361.5M | $300.1M | $272.7M | $322.8M |
| Asset retirement obligations incurred, including revisions to estimates | $8.7M | $3.8M | $13.0M | $9.7M |
| Dividends payable | $13.1M | $11.4M | $12.5M | $11.3M |
Permian Resources Holdings Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.