Permian Resources Payments to Explore and Develop Oil and Gas Properties decreased by 3.0% to $466.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $500.73M to $466.23M. Over 4 years (FY 2021 to FY 2025), Payments to Explore and Develop Oil and Gas Properties shows an upward trend with a 57.5% CAGR.
High spending indicates aggressive growth and reserve replacement, while low spending may signal capital discipline or asset maturity.
Cash outflows directed toward the exploration for new reserves and the development of existing oil and gas assets. This...
Standard capital expenditure metric for E&P companies; peers are evaluated on the efficiency of these investments.
other_payments_to_explore_and_develop_oil_and_gas_properties| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $80.51M | $88.69M | $104.28M | $81.16M | $142.86M | $173.88M | $373.69M | $315.29M | $371.27M | $380.14M | $458.21M | $519.62M | $516.41M | $520.17M | $504.46M | $500.73M | $505.00M | $479.68M | $480.52M | $466.23M |
| QoQ Change | — | +10.2% | +17.6% | -22.2% | +76.0% | +21.7% | +114.9% | -15.6% | +17.8% | +2.4% | +20.5% | +13.4% | -0.6% | +0.7% | -3.0% | -0.7% | +0.9% | -5.0% | +0.2% | -3.0% |
| YoY Change | — | — | — | — | +77.4% | +96.0% | +258.3% | +288.5% | +159.9% | +118.6% | +22.6% | +64.8% | +39.1% | +36.8% | +10.1% | -3.6% | -2.2% | -7.8% | -4.7% | -6.9% |