Permian Resources Corporation Class A (PR) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Permian Resources Conference Call to discuss its second quarter 2025 earnings. Today's call is being recorded. A replay of the call will be accessible until August 21, 2025 by dialing -660-6264 and entering the replay access code 92721 or by visiting the company's website at .permianres.com. At this time, I will turn the call over to Hayes Mabry, Permian Resources Vice President of Investor Relations, for some opening remarks. Please go ahead, sir. Thanks, John, and thank you all for joining us. On the call today are Will Hickey and James Walter, our Chief Executive Officers, and Guy Olfen, our Chief Financial Officer. I would like to note that many of the comments during this call are forward-looking statements that involve risk and uncertainties that could affect our actual results or plans. Many of these risks are beyond our control and are discussed in more detail in the risk factors and the forward-looking statement sections of our filings with the SEC. Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance, and actual results may differ materially. We may also refer to non-GAAP financial measures. For any non-GAAP measure we use, a reconciliation to the nearest corresponding GAAP measure can be found in our earnings release or presentation. With that, I will turn the call over to Will Hickey, Co-CEO. Thanks, Hayes. We are excited to discuss our second quarter results this morning. The operations team delivered our 11th consecutive quarter of solid operational execution in Q2 that included the fastest well drilled, the most drilled feet per day, and the lowest completion cost per foot in company history. This execution, combined with continued strong well resul...