Earnings Summary

Permian Resources Corp’s revenue jumped 99.89% since last year same period to $1246.08Mn in the Q2 2024. On a quarterly growth basis, Permian Resources Corp has generated 0.25% jump in its revenue since last 3-months.

Permian Resources Corp’s net profit jumped 220.3% since last year same period to $235.1Mn in the Q2 2024. On a quarterly growth basis, Permian Resources Corp has generated 60.4% jump in its net profits since last 3-months.

Permian Resources Corp’s net profit margin jumped 60.24% since last year same period to 18.87% in the Q2 2024. On a quarterly growth basis, Permian Resources Corp has generated 60% jump in its net profit margins since last 3-months.

Permian Resources Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 10.11.

Permian Resources Corp’s earning per share (EPS) estimates for the current quarter stand at 0.39 - a 2.63% jump from last quarter’s estimates.

Permian Resources Corp’s earning per share (EPS) estimates for the current year stand at 0.39.

Permian Resources Corp’s earning per share (EPS) jumped 71.43% since last year same period to 0.36 in the Q2 2024. This indicates that the Permian Resources Corp has generated 71.43% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Permian Resources Corp’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Permian Resources Corp’s return on equity (ROE) stands at 0.13.

Permian Resources Corp declared 0.14 dividend per share during the earnings announcement for Q2 2024.