Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.
Revenue of Permian Resources Corporation (PR)
Revenue in 2023 (TTM): $3.12 B
According to Permian Resources Corporation's latest financial reports the company's current revenue (TTM) is $3.12 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Permian Resources Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.12 B | $1.65 B | $2.22 B | $1.04 B | $476.31 M |
| 2022 | $2.13 B | $1.42 B | $1.41 B | $870.13 M | $749.84 M |
| 2021 | $1.03 B | $548.46 M | $489.15 M | $138.74 M | $138.18 M |
| 2020 | $580.46 M | $41.31 M | $-335,962,000 | $-770,323,000 | $-685,199,000 |
| 2019 | $944.33 M | $281.28 M | $522.45 M | $22.21 M | $15.8 M |
| 2018 | $891.05 M | $423.65 M | $625.52 M | $272.18 M | $199.9 M |
| 2017 | $429.9 M | $192.68 M | $272.02 M | $113.49 M | $75.57 M |
| 2016 | $98.83 M | $-355,000 | $-144,270,000 | $-228,115,000 | $-226,805,000 |
| 2015 | $90.46 M | $-26,529,000 | $57.45 M | $-38,897,000 | $-38,325,000 |
| 2014 | $131.83 M | $40.25 M | $90.74 M | $19.31 M | $17.79 M |
| 2013 | $70.77 M | $47.42 M | $25.01 M | $4.69 M | $3.62 M |
| 2012 | $60.26 M | $33.4 M | $27.55 M | $32.85 M | $32.28 M |