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Compared to Estimates, Permian Resources (PR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2026, Permian Resources (PR - Free Report) reported revenue of $1.86 billion, up 55.2% over the same period last year. EPS came in at $0.69, compared to $0.27 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.64 billion, representing a surprise of +13.25%. The company delivered an EPS surprise of +23.21%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Permian Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average daily net production - Natural gas: 552,885.00 Mcf/D compared to the 622,135.50 Mcf/D average estimate based on seven analysts.
Average daily net production - Total: 376,409.00 BOE/D compared to the 395,272.10 BOE/D average estimate based on seven analysts.
Average daily net production - Oil: 198,071.00 BBL/D compared to the 194,823.20 BBL/D average estimate based on seven analysts.
Average daily net production - NGL: 86,191.00 BBL/D versus 97,083.45 BBL/D estimated by six analysts on average.
Average sales prices - Gas - Including Derivative Cash Settlements: $0.38 versus the five-analyst average estimate of $-0.06.
Average sales prices - Oil - Including Derivative Cash Settlements: $85.37 versus $81.80 estimated by four analysts on average.
Average sales prices - NGL - Excluding the effects of GP&T: $23.28 compared to the $22.16 average estimate based on four analysts.
Average sales prices - Natural gas - Excluding the effects of GP&T: $-2.40 versus $-2.41 estimated by three analysts on average.
Average sales prices - Oil - Excluding the effects of hedging: $97.81 versus the three-analyst average estimate of $93.90.
Net Revenues- Oil sales: $1.76 billion versus the four-analyst average estimate of $1.51 billion. The reported number represents a year-over-year change of +75%.
Net Revenues- NGL sales: $182.57 million versus the four-analyst average estimate of $196.92 million. The reported number represents a year-over-year change of +15.5%.
Net Revenues- Natural gas sales: $-120.7 million versus the four-analyst average estimate of $-63.26 million. The reported number represents a year-over-year change of -500.1%.
Shares of Permian Resources have returned +7.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Compared to Estimates, Permian Resources (PR) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2026, Permian Resources (PR - Free Report) reported revenue of $1.86 billion, up 55.2% over the same period last year. EPS came in at $0.69, compared to $0.27 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.64 billion, representing a surprise of +13.25%. The company delivered an EPS surprise of +23.21%, with the consensus EPS estimate being $0.56.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Permian Resources performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Permian Resources here>>>
Shares of Permian Resources have returned +7.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.