Permian Resources: The Enhanced Operational Efficiencies – A Way to Boosting Productivity!

Permian Resources reported strong fourth-quarter and full-year 2024 results, demonstrating stability and growth in its operations. The company delivered its highest-ever production and free cash flow per share metrics in Q4 2024. Effective field execution and a focus on cost control led to a significant reduction in drilling and completion (D&C) costs, while maintaining a robust cash flow. The company noted an approximately 50% year-over-year increase in free cash flow per share, indicating strong operational performance without increasing leverage.