Permian Resources Raises 2026 Oil Target by 13.5 MBbls/d
Q3 oil production rose 5% quarter over quarter to 208,029 Bbls/d, and adjusted free cash flow was $846 million. The company also agreed to acquire Ridge Runner for approximately $1.025 billion.
Q3 oil production rose 5% quarter over quarter to 208,029 Bbls/d; adjusted free cash flow was $846M, with no prior-quarter amount stated. Permian Resources raised its 2026 oil guidance by 13.5 MBbls/d from its February initial target and agreed to acquire Ridge Runner for approximately $1.025B.Mate…