Permian Resources Corporation
Permian Resources Corporation (CDEV) Financial Performance & Income Statement Overview
Explore the financials of Permian Resources Corporation (CDEV), including yearly and quarterly data on income, cash flow, and balance sheets.
Permian Resources Corporation (CDEV) Income Statement & Financial Overview
Explore comprehensive income reports for Permian Resources Corporation CDEV, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $1.30B | $1.22B | $1.25B | $1.24B |
| Cost of Revenue | $720.62M | $677.08M | $728.89M | $725.56M |
| Gross Profit | $575.46M | $538.49M | $517.19M | $517.44M |
| Gross Profit Ratio | $0.44 | $0.44 | $0.42 | $0.42 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $44.74M | $43.78M | $48.73M | $37.37M |
| Operating Expenses | $150.25M | $143.34M | $48.73M | $37.37M |
| Total Costs & Expenses | $870.87M | $820.42M | $777.62M | $762.93M |
| Interest Income | -$1.81M | $0.00 | $0.00 | $0.00 |
| Interest Expense | $74.97M | $79.93M | $75.45M | $71.06M |
| Depreciation & Amortization | $486.46M | $453.60M | $426.43M | $410.18M |
| EBITDA | $879.56M | $1.09B | $893.06M | $761.32M |
| EBITDA Ratio | $0.68 | $0.90 | $0.72 | $0.72 |
| Operating Income | $425.21M | $395.15M | $468.46M | $480.07M |
| Operating Income Ratio | $0.33 | $0.33 | $0.38 | $0.39 |
| Other Income/Expenses (Net) | -$107.09M | $167.85M | -$63.96M | -$190.48M |
| Income Before Tax | $318.12M | $563.00M | $391.18M | $278.55M |
| Income Before Tax Ratio | $0.25 | $0.46 | $0.31 | $0.22 |
| Income Tax Expense | $62.65M | $106.47M | $82.27M | $48.96M |
| Net Income | $216.65M | $386.38M | $235.10M | $146.57M |
| Net Income Ratio | $0.17 | $0.32 | $0.19 | $0.12 |
| EPS | -$1.09 | $0.56 | $0.38 | $0.27 |
| Diluted EPS | -$1.03 | $0.52 | $0.36 | $0.25 |
| Weighted Avg Shares Outstanding | $702.97M | $693.69M | $612.25M | $552.47M |
| Weighted Avg Shares Outstanding (Diluted) | $746.69M | $736.24M | $656.37M | $595.35M |
Financial performance has remained strong, with revenue growing from $1.24B in Q1 2024 to $1.30B in Q4 2024. Gross profit continued to perform well, with margins at 44% in the latest quarter. Operating income reached $425.21M in Q4 2024, holding a steady 33% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $879.56M. Net income dropped to $216.65M, keeping EPS at -$1.09. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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