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Permian Resources (PR) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Permian Resources (PR) Q3 2026 earnings results →
Q3 2026 Revenue up 48% year over year to $2.0B · 21¢ of every $1 of revenue kept as net profit · operating margin 45.4%
Permian Resources made $2.0B in Q3 2026 (+48% Y/Y): Oil sales $1.6B, NGL sales $264M, Natural gas sales $52.0M. Operating margin 45.4%, net earnings $420M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter
Revenue was $2.0B in Q3 2026, up 48% year over year and up 5% from the previous quarter. Oil sales was the largest line at 84% of revenue. Oil sales added $0.53B year over year (up 47%), 83% of the total change.
Operating profit was $0.89B, a 45.4% margin (up 15.8 points year over year). Of the extra revenue versus Q3 2025, 78% reached operating profit, above the 30% margin then. Total costs grew 15% against revenue growth of 48%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $0.42B, up 609% year over year. The effective tax rate was 20.7%.
Operating cash flow was $1.3B (up 64% year over year), 299% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.82B. Capital expenditures of $0.67B left free cash flow of $0.59B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $2.0B | +48% | 45.4% | $420M | $1.3B |
| Q2 2026 | 10-Q | Aug 6, 2026 | $1.9B | +55% | 50.0% | $792M | $1.5B |
| Q1 2026 | 10-Q | May 7, 2026 | $1.4B | +0.8% | 33.7% | $43.6M | $815M |
| Q4 2025 | 10-K | Feb 26, 2026 | $1.2B | -10% | 23.1% | $340M | $904M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $1.3B | +9% | 29.6% | $59.2M | $766M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $1.2B | -4% | 24.8% | $207M | $1.0B |
| Q1 2025 | 10-Q | May 8, 2025 | $1.4B | +11% | 36.6% | $329M | $898M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- Enterprise Crude Oil, LLC — 34% of its revenue · Stated in 10-K (XBRL) · source
Buys from
- WBI — 30% of the supplier’s revenue · Stated in 10-K (sentence) · source
- MXC — 6% of the supplier’s revenue · Stated in 10-K (sentence) · source
- PUMP · Stated in 10-K (named, share not stated) · source
About Permian Resources
Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving peer-leading returns through the acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets are located in the Permian Basin, with a concentration in the core of the Delaware Basin. Through its position of approximately 535,000 net acres in West Texas and Southeast New Mexico, Permian Resources is the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com.
In its own words, from its 8-K, filed Aug 5, 2026.
Permian Resources against its Crude Petroleum & Natural Gas peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +48% against the peers' median +48%. Operating margin: 45.4% against the peers' median 33.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| PR Permian Resources | Q3 2026 | $2.0B | +48% | 45.4% |
| EOG EOG Resources | Q3 2026 | $8.5B | +46% | 41.9% |
| OXY Occidental Petroleum | Q2 2026 | $8.1B | +53% | 48.5% |
| DVN Devon Energy | Q3 2026 | $6.9B | +58% | 18.3% |
| FANG Diamondback Energy | Q3 2026 | $5.4B | +38% | 46.0% |
| EXE Expand Energy | Q3 2026 | $3.3B | +11% | 19.5% |
| PARR PAR Pacific Holdings | Q3 2026 | $3.1B | +52% | 15.5% |
| OVV Ovintiv | Q3 2026 | $2.6B | +26% | 33.7% |
| SM SM Energy | Q3 2026 | $2.2B | +167% | 10.9% |
Source: Permian Resources 10-Q on SEC EDGAR · CIK 1658566 · Crude Petroleum & Natural Gas
Guidance and outlook
13F: who owns PR and who is buying
More on PR
- How Permian Resources makes money: revenue by segment
- Permian Resources next earnings date and what analysts expect
- Permian Resources stock forecast, price target and fair value
- Who owns Permian Resources stock: holders, funds and Congress trades
- Permian Resources guidance and outlook
- Permian Resources recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Permian Resources guidance history: guided vs reported
- Permian Resources operating margin by quarter
- Permian Resources net income by quarter
- Permian Resources free cash flow by quarter
- Permian Resources capital expenditures by quarter
- Permian Resources Oil sales revenue by quarter
- Permian Resources NGL sales revenue by quarter
- Permian Resources Natural gas sales revenue by quarter