Permian Resources' Q3 Adjusted Earnings Down, Revenue Rises; Increases Dividend

MT Newswires Live

2024-11-07

Permian Resources (PR) reported Q3 adjusted earnings late Wednesday of $0.35 per diluted share, down from $0.39 a year earlier.

Analysts surveyed by Capital IQ expected $0.32.

Revenue for the quarter ended Sept. 30 was $1.22 billion, compared with $758.5 million a year earlier.

Analysts surveyed by Capital IQ expected $1.22 billion.

The company raised its quarterly dividend to $0.15 per share from the prior quarter's dividend of $0.06 per share. The latest dividend is payable Nov. 22 to shareholders of record on Nov. 14.

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