For the year ending 2025-12-31, PR had -$325,653K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,098,936 | 1,250,509 | 879,703 | 749,840 |
| Depreciation, depletion and amortization | 2,032,507 | 1,776,673 | 1,007,576 | 444,678 |
| Stock-based compensation expense | 70,371 | 60,399 | 78,418 | 116,480 |
| Stock-based compensation expense - liability awards | - | 0 | 0 | -24,174 |
| Impairment and abandonment expense | 7,985 | 9,912 | 6,681 | 3,875 |
| Exploratory dry hole costs | - | - | - | 0 |
| Deferred tax expense | 285,400 | 299,019 | 152,383 | 119,679 |
| Net (gain) loss on sale of long-lived assets | 0 | 375 | 211 | -1,314 |
| Non-cash portion of derivative (gain) loss | 168,479 | 17,783 | 14,606 | 77,737 |
| Amortization of debt issuance costs, discount and premium | 8,023 | 6,563 | 11,326 | 15,362 |
| Loss on extinguishment of debt | -270,120 | -8,585 | 0 | 0 |
| (increase) decrease in accounts receivable | 321,456 | 51,396 | -36,336 | 66,824 |
| (increase) decrease in prepaid and other assets | 23,288 | 8,491 | 27,267 | 1,751 |
| Increase (decrease) in accounts payable and other liabilities | 347,422 | 78,353 | 83,160 | 90,929 |
| Net cash provided by operating activities | 3,607,541 | 3,411,968 | 2,213,499 | 1,371,671 |
| Acquisition of oil and natural gas properties, net | 1,070,547 | 1,047,128 | 234,288 | 8,858 |
| Drilling and development capital expenditures | 1,965,926 | 2,060,667 | 1,524,899 | 771,577 |
| Cash acquired in excess of payments to acquire business | - | - | -39,832 | 496,671 |
| Cash (paid) received for businesses acquired in mergers, net of cash received | 0 | 0 | - | - |
| Purchases of other property and equipment | 13,682 | 12,845 | 34,483 | 3,563 |
| Noncash or part noncash divestiture, amount of consideration received | - | - | 60,000 | - |
| Contingent considerations received related to divestiture | 0 | 0 | - | - |
| Proceeds from sales of oil and natural gas properties | 176,701 | 16,445 | 115,459 | 75,620 |
| Net cash used in investing activities | -2,873,454 | -3,104,195 | -1,578,379 | -1,205,049 |
| Proceeds from equity offering, net | 0 | 402,211 | - | - |
| Proceeds from borrowings under revolving credit facility | 0 | 1,965,000 | 1,950,000 | 1,115,000 |
| Repayment of borrowings under revolving credit facility | 0 | 1,965,000 | 2,335,000 | 755,000 |
| Repayment of credit facility acquired in mergers | 0 | 0 | 830,000 | 400,000 |
| Proceeds from issuance of senior notes | 0 | 1,000,000 | 997,500 | 0 |
| Debt issuance and redemption costs | 18,767 | 26,498 | 15,169 | 19,833 |
| Premiums paid on capped call transactions | - | - | 0 | 0 |
| Redemption of senior notes | 464,548 | 656,351 | 0 | 0 |
| Proceeds from exercise of stock options | 219 | 257 | 534 | 109 |
| Share repurchases | 73,700 | 61,048 | 162,420 | 19,010 |
| Dividends paid | 447,714 | 466,915 | 141,947 | 14,426 |
| Distributions paid to noncontrolling interest owners | 55,230 | 93,950 | 94,686 | 13,465 |
| Net cash (used in) provided by financing activities | -1,059,740 | 97,706 | -631,188 | -106,625 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -325,653 | 405,479 | 3,932 | 59,997 |
| Cash, cash equivalents and restricted cash, beginning of period | 479,343 | 73,864 | 69,932 | 9,935 |
| Cash, cash equivalents and restricted cash, end of period | 153,690 | 479,343 | 73,864 | 69,932 |
Permian Resources Corp (PR)
Permian Resources Corp (PR)