Permian Resources Q4 Adjusted EPS Drops, Revenue Rises -- Shares Up After Hours

MT Newswires Live
26 Feb

Permian Resources (PR) late Tuesday reported Q4 adjusted net income of $0.36 per diluted share, down from $0.43 a year earlier.

Analysts polled by FactSet, on average, expected $0.34.

Revenue for the quarter ended Dec. 31 was $1.30 billion, compared with $1.12 billion a year earlier.

Analysts expected $1.30 billion.

Permian Resources also declared a $0.15 per share dividend, unchanged compared with the prior quarter, payable March 31 to shareholders of record on March 17.

Shares were up more than 2% in after-hours activity.

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