Permian Historical Income Statement

PR Stock

USD 15.66 0.07 0.45%

Historical analysis of Permian Resources income statement accounts such as Gross Profit of 1.7 B, Other Operating Expenses of 2.1 B or Operating Income of 1.2 B can show how well Permian Resources performed in making a profits. Evaluating Permian Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Permian Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Permian Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Permian Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.

About Permian Income Statement Analysis

Permian Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Permian Resources shareholders. The income statement also shows Permian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Permian Resources Income Statement Chart

At this time, Permian Resources' EBITDA is relatively stable compared to the past year. As of 11/30/2024, Cost Of Revenue is likely to grow to about 1.5 B, though Total Other Income Expense Net is likely to grow to (57.8 M).

Selling General Administrative Total Revenue Other Operating Expenses Cost Of Revenue Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts Permian Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Permian Resources. It is also known as Permian Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Permian Resources income statement and represents the costs associated with goods and services Permian Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Permian Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Permian Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Permian Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Permian Stock, please use our How to Invest in Permian Resources guide.At this time, Permian Resources' EBITDA is relatively stable compared to the past year. As of 11/30/2024, Cost Of Revenue is likely to grow to about 1.5 B, though Total Other Income Expense Net is likely to grow to (57.8 M).

	2021	2022	2023	2024 (projected)
Interest Expense	61.3M	95.6M	177.2M	186.1M
Depreciation And Amortization	289.1M	444.7M	1.0B	1.1B

Interest Expense Depreciation And Amortization

Permian Resources income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Minority Interest	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses
Depreciation And Amortization		0.98	0.5	0.97	0.91	0.99	0.81	0.74	0.89	1.0	0.94	0.74	-0.15	0.53	0.78	0.7	0.59	-0.86	-0.96	0.44	0.83	-0.88	0.76	0.82	-0.86
Interest Expense	0.98		0.55	0.97	0.93	0.99	0.85	0.77	0.9	0.99	0.95	0.73	-0.27	0.54	0.75	0.68	0.7	-0.83	-0.99	0.44	0.81	-0.9	0.81	0.87	-0.83
Selling General Administrative	0.5	0.55		0.56	0.57	0.57	0.48	0.43	0.49	0.51	0.71	0.39	-0.34	0.32	0.46	0.46	0.54	-0.3	-0.56	0.35	0.49	-0.53	0.6	0.57	-0.3
Total Revenue	0.97	0.97	0.56		0.98	0.98	0.92	0.86	0.96	0.97	0.96	0.85	-0.3	0.7	0.87	0.82	0.63	-0.82	-0.97	0.6	0.81	-0.94	0.86	0.92	-0.82
Gross Profit	0.91	0.93	0.57	0.98		0.93	0.96	0.92	0.98	0.92	0.94	0.91	-0.39	0.8	0.92	0.88	0.61	-0.77	-0.93	0.71	0.77	-0.95	0.9	0.96	-0.77
Other Operating Expenses	0.99	0.99	0.57	0.98	0.93		0.84	0.78	0.91	1.0	0.97	0.76	-0.21	0.57	0.8	0.73	0.62	-0.85	-0.97	0.49	0.82	-0.91	0.79	0.86	-0.85
Operating Income	0.81	0.85	0.48	0.92	0.96	0.84		0.94	0.95	0.82	0.86	0.9	-0.58	0.81	0.9	0.88	0.58	-0.73	-0.86	0.73	0.67	-0.93	0.88	0.93	-0.73
Ebit	0.74	0.77	0.43	0.86	0.92	0.78	0.94		0.96	0.75	0.82	0.97	-0.47	0.89	0.95	0.93	0.41	-0.75	-0.79	0.89	0.69	-0.93	0.86	0.92	-0.75
Ebitda	0.89	0.9	0.49	0.96	0.98	0.91	0.95	0.96		0.9	0.93	0.94	-0.37	0.81	0.95	0.9	0.51	-0.84	-0.91	0.77	0.79	-0.97	0.88	0.94	-0.84
Cost Of Revenue	1.0	0.99	0.51	0.97	0.92	1.0	0.82	0.75	0.9		0.95	0.74	-0.17	0.55	0.78	0.7	0.62	-0.84	-0.97	0.44	0.82	-0.88	0.77	0.83	-0.84
Total Operating Expenses	0.94	0.95	0.71	0.96	0.94	0.97	0.86	0.82	0.93	0.95		0.79	-0.32	0.6	0.83	0.77	0.6	-0.84	-0.95	0.58	0.8	-0.93	0.83	0.89	-0.84
Income Before Tax	0.74	0.73	0.39	0.85	0.91	0.76	0.9	0.97	0.94	0.74	0.79		-0.33	0.95	0.98	0.98	0.33	-0.7	-0.74	0.91	0.67	-0.88	0.82	0.87	-0.7
Total Other Income Expense Net	-0.15	-0.27	-0.34	-0.3	-0.39	-0.21	-0.58	-0.47	-0.37	-0.17	-0.32	-0.33		-0.34	-0.3	-0.3	-0.52	0.19	0.29	-0.34	-0.03	0.33	-0.36	-0.37	0.19
Net Income	0.53	0.54	0.32	0.7	0.8	0.57	0.81	0.89	0.81	0.55	0.6	0.95	-0.34		0.9	0.94	0.27	-0.47	-0.55	0.93	0.5	-0.73	0.74	0.77	-0.47
Income Tax Expense	0.78	0.75	0.46	0.87	0.92	0.8	0.9	0.95	0.95	0.78	0.83	0.98	-0.3	0.9		0.99	0.29	-0.74	-0.76	0.89	0.71	-0.91	0.84	0.89	-0.74
Tax Provision	0.7	0.68	0.46	0.82	0.88	0.73	0.88	0.93	0.9	0.7	0.77	0.98	-0.3	0.94	0.99		0.25	-0.64	-0.68	0.91	0.64	-0.85	0.82	0.86	-0.64
Interest Income	0.59	0.7	0.54	0.63	0.61	0.62	0.58	0.41	0.51	0.62	0.6	0.33	-0.52	0.27	0.29	0.25		-0.29	-0.71	0.07	0.47	-0.47	0.56	0.52	-0.29
Extraordinary Items	-0.86	-0.83	-0.3	-0.82	-0.77	-0.85	-0.73	-0.75	-0.84	-0.84	-0.84	-0.7	0.19	-0.47	-0.74	-0.64	-0.29		0.81	-0.52	-0.62	0.83	-0.56	-0.72	1.0
Net Interest Income	-0.96	-0.99	-0.56	-0.97	-0.93	-0.97	-0.86	-0.79	-0.91	-0.97	-0.95	-0.74	0.29	-0.55	-0.76	-0.68	-0.71	0.81		-0.47	-0.84	0.93	-0.85	-0.9	0.81
Net Income From Continuing Ops	0.44	0.44	0.35	0.6	0.71	0.49	0.73	0.89	0.77	0.44	0.58	0.91	-0.34	0.93	0.89	0.91	0.07	-0.52	-0.47		0.48	-0.72	0.69	0.73	-0.52
Reconciled Depreciation	0.83	0.81	0.49	0.81	0.77	0.82	0.67	0.69	0.79	0.82	0.8	0.67	-0.03	0.5	0.71	0.64	0.47	-0.62	-0.84	0.48		-0.84	0.85	0.77	-0.62
Minority Interest	-0.88	-0.9	-0.53	-0.94	-0.95	-0.91	-0.93	-0.93	-0.97	-0.88	-0.93	-0.88	0.33	-0.73	-0.91	-0.85	-0.47	0.83	0.93	-0.72	-0.84		-0.93	-0.97	0.83
Non Recurring	0.76	0.81	0.6	0.86	0.9	0.79	0.88	0.86	0.88	0.77	0.83	0.82	-0.36	0.74	0.84	0.82	0.56	-0.56	-0.85	0.69	0.85	-0.93		0.96	-0.56
Non Operating Income Net Other	0.82	0.87	0.57	0.92	0.96	0.86	0.93	0.92	0.94	0.83	0.89	0.87	-0.37	0.77	0.89	0.86	0.52	-0.72	-0.9	0.73	0.77	-0.97	0.96		-0.72
Selling And Marketing Expenses	-0.86	-0.83	-0.3	-0.82	-0.77	-0.85	-0.73	-0.75	-0.84	-0.84	-0.84	-0.7	0.19	-0.47	-0.74	-0.64	-0.29	1.0	0.81	-0.52	-0.62	0.83	-0.56	-0.72

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Permian Resources Account Relationship Matchups

Permian Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	444.2M	365.2M	289.1M	444.7M	1.0B	1.1B
Interest Expense	56.0M	69.2M	61.3M	95.6M	177.2M	186.1M
Selling General Administrative	79.2M	72.9M	110.5M	159.6M	161.9M	104.2M
Total Revenue	944.3M	580.5M	1.0B	2.1B	3.1B	3.3B
Gross Profit	281.3M	41.3M	548.5M	1.4B	1.7B	1.7B
Other Operating Expenses	816.8M	669.8M	666.9M	1.0B	2.0B	2.1B
Operating Income	(316.4M)	(89.2M)	370.6M	1.0B	1.1B	1.2B
Ebit	(316.4M)	(701.1M)	200.0M	965.8M	1.2B	1.3B
Ebitda	127.9M	(336.0M)	489.2M	1.4B	2.2B	2.3B
Cost Of Revenue	663.1M	539.1M	481.4M	714.5M	1.5B	1.5B
Total Operating Expenses	153.7M	130.6M	185.5M	326.7M	553.8M	581.4M
Income Before Tax	22.2M	(770.3M)	138.7M	870.1M	1.0B	1.1B
Total Other Income Expense Net	338.6M	9.8M	(231.9M)	(137.4M)	(60.9M)	(57.8M)
Net Income	15.8M	(685.2M)	138.2M	749.8M	476.3M	500.1M
Income Tax Expense	5.8M	(85.1M)	569K	120.3M	155.9M	163.7M
Tax Provision	5.8M	(85.1M)	569K	120.3M	117.9M	123.8M
Interest Income	57.6M	133.7M	210.1M	138.0M	158.7M	88.8M
Net Income Applicable To Common Shares	15.8M	(682.8M)	138.2M	515.0M	592.3M	621.9M
Net Interest Income	(56.0M)	(69.2M)	(61.3M)	(95.6M)	(153.5M)	(145.9M)
Net Income From Continuing Ops	16.4M	(685.2M)	138.2M	749.8M	665.8M	699.1M
Reconciled Depreciation	444.2M	358.6M	289.1M	444.7M	822.2M	492.3M
Minority Interest	(616K)	2.4M	0.0	(234.8M)	(361.8M)	(343.7M)

Pair Trading with Permian Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Permian Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Permian Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Permian Stock

0.91	AR	Antero Resources Corp Potential Growth	Pair Corr
0.72	EP	Empire Petroleum Corp	Pair Corr
0.81	SM	SM Energy	Pair Corr

Moving against Permian Stock

0.66	BRY	Berry Petroleum Corp	Pair Corr
0.62	BRN	Barnwell Industries	Pair Corr
0.35	APA	APA Corporation	Pair Corr
0.32	EONR	EON Resources Symbol Change	Pair Corr

The ability to find closely correlated positions to Permian Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Permian Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Permian Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Permian Resources to buy it.

The correlation of Permian Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Permian Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Permian Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Permian Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Permian Stock Analysis

When running Permian Resources' price analysis, check to measure Permian Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Permian Resources is operating at the current time. Most of Permian Resources' value examination focuses on studying past and present price action to predict the probability of Permian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Permian Resources' price. Additionally, you may evaluate how the addition of Permian Resources to your portfolios can decrease your overall portfolio volatility.

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Permian Historical Income Statement

About Permian Income Statement Analysis

Permian Resources Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Permian Resources income statement Correlations

Permian Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Permian Resources income statement Accounts

Pair Trading with Permian Resources

Moving together with Permian Stock

Moving against Permian Stock

Additional Tools for Permian Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Depreciation And Amortization
Cost Of Revenue	+ 1.0	Other Operating Expenses
Selling And Marketing Expenses	+ 1.0	Extraordinary Items
Other Operating Expenses	+ 0.99	Depreciation And Amortization
Other Operating Expenses	+ 0.99	Interest Expense
Cost Of Revenue	+ 0.99	Interest Expense

Net Interest Income	- 0.99	Interest Expense
Non Operating Income Net Other	- 0.97	Minority Interest
Net Interest Income	- 0.97	Cost Of Revenue
Minority Interest	- 0.97	Ebitda
Net Interest Income	- 0.97	Other Operating Expenses
Net Interest Income	- 0.97	Total Revenue