Permian Resources Announces Strong Third Quarter 2025 Results and Increased Full Year Guidance

MIDLAND, Texas – Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its third quarter 2025 financial and operational results and revised 2025 guidance. Recent Financial and Operational Highlights Reported total average production of 410.2 MBoe/d, including 186.9 MBbls/d of oil, 105.8 MBbls/d of NGLs and 704.8 MMcf/d of natural gas Announced cash capital expenditures of $480 million, cash provided by operating activities of $766 million and adjusted free cash flow 1 of $469 million Declared base dividend of $0.15 per share, representing 4.8% yield Increased mid-point of full year guidance for oil production by 3.0 MBbls/d to 181.5 MBbls/d and total production by 9.0 MBoe/d to 394.0 MBoe/d Reduced D&C costs to ~$725 per lateral foot, representing an 11% reduction compared to 2024 results Decreased total controllable cash costs by 6% quarter-over-quarter to $7.36 per Boe, driven primarily by lower LOE and continued focus on cost control Added ~5,500 net acres and ~2,400 net royalty acres through ~250 transactions for ~$180 million, demonstrating continued bolt-on and ground game success Further strengthened balance sheet through ~$460 million in debt reduction during the quarter Leverage 1 of ~0.8x and total liquidity of >$2.6 billion Entered into additional natural gas firm transportation and sales agreements to improve all-in netbacks Expect ~75% of 2026 natural gas production to be priced at Gulf Coast and DFW markets or protected by hedges Management Commentary “Third quarter results clearly demonstrate Permian Resources’ leadership in the Delaware Basin,” said Will Hickey, Co-CEO of Permian Resources. “Strong well performance and continued cost reductions drove another step-change in capital efficiency.