Permian Resources Corporation Class A (PR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Permian Resources conference call to discuss its third quarter 2025 earnings. Today's call is being recorded. A replay of the call will be accessible until November 20, 2025 by dialing 888-660-6264 and entering the replay access code 91750. or by visiting the company's website at www.permianres.com. At this time, I will now turn the call over to Hayes Mabry, Permian Resources Vice President of Investor Relations, for some opening remarks. Please go ahead. Thank you, Jenny, and thank you all for joining us. On the call today are Will Hickey and James Walter, our Chief Executive Officers, and Guy Alvin, our Chief Financial Officer. Many of the comments during this call are forward-looking statements that involve risk and uncertainties that could affect our actual results and are discussed in more detail in our filings with the SEC. We may also refer to non-GAAP financial measures. For any non-GAAP measure we use, a reconciliation to the nearest corresponding gap 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're excited to discuss our third quarter results this morning. This marks the 12th consecutive quarter of strong operational performance by the PR team, culminating in our highest quarterly free cash flow per share since inception, despite a suppressed commodity environment. Our business is firing on all cylinders as we are able to deliver strong execution in the field progress our accretive acquisition strategy, improve our balance sheet, and continue delivering strong returns to our shareholders. We think this performance is a testament to both the quality of our people and the quality of our assets and should continue to set PR up for strong a...