Name | Value |
---|---|
Revenues | 623.4M |
Cost of Revenue | 320.5M |
Gross Profit | 302.9M |
Operating Expense | 106.9M |
Operating I/L | 191.4M |
Other Income/Expense | -15.9M |
Interest Income | 36.8M |
Pretax | 175.5M |
Income Tax Expense | 26.5M |
Net Income/Loss | 73.4M |
Permian Resources Corporation is an independent oil and natural gas company that specializes in developing crude oil and liquids-rich natural gas reserves in the United States. The company's primary focus is on the Delaware Basin, with assets in Reeves County, West Texas, and Lea County, New Mexico. As of December 31, 2021, the company leased or acquired approximately 73,675 net acres and owned 991 net mineral acres in the Delaware Basin. Its revenue is generated through the exploration, development, and production of crude oil and natural gas reserves in the Permian Basin, particularly in the Delaware Basin.