Permian Resources Increases Mid-point Of Full Year Standalone Oil And Total Production Guidance By ~1.5% To 152 MBbls/d And 325 MBoe/d
Portfolio Pulse from Benzinga Newsdesk
Permian Resources has increased the mid-point of its full-year standalone oil and total production guidance by approximately 1.5% to 152 MBbls/d and 325 MBoe/d, respectively.
August 06, 2024 | 8:41 pm
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Permian Resources has raised its full-year oil and total production guidance by approximately 1.5%, indicating a positive outlook for the company's production capabilities.
The increase in production guidance suggests that Permian Resources is performing better than expected, which is likely to positively impact its stock price in the short term.
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