Permian Resources reports strong Q3 results and raises crude oil production guidance
PR Permian Resources Holdings Inc
$21.52 -1.06%
View chart & analysis → - 1Permian Resources' adjusted earnings per share for Q3 reached 15.0%, beating consensus.
- 2Permian Resources achieved Q3 revenue of $1.958 billion.
- 3Management noted that free cash flow was generated despite lower oil prices than the previous quarter.
So what's the key point?
Permian Resources earned more profit than experts expected. The company made money even though oil prices decreased.
Source Nasdaq +1 · View original ↗
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