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Permian Resources Q2 Earnings Decline Y/Y on Increased Expenses

Key Takeaways Permian Resources Corporation (PR) reported second-quarter 2025 adjusted net income per share of 27 cents, in line with the Zacks Consensus Estimate. However, the bottom line declined from the year-ago quarter's reported figure of 39 cents. This underperformance was due to a year-over-year increase in operating expenses and lower commodity prices. Costs & Expenses for PR Total operating expenses in the quarter rose to 900.1millionfrom900.1 million from 791 million in the year-ago quarter. This was primarily ...