Non-Current Assets

Proved properties

Permian Resources Proved properties increased by 2.8% to $22.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $19.03B to $22.09B. Over 5 years (FY 2020 to FY 2025), Proved properties shows an upward trend with a 37.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2016
Last reportedQ1 2026May 7, 2026

How to read this metric

Growth in this metric indicates successful exploration and development, directly supporting long-term production potential.

Detailed definition

This represents the capitalized costs of oil and gas properties that have been confirmed to contain reserves through geo...

Peer comparison

Core metric for E&P; peers are compared based on the size and quality of their proved reserve base.

Metric ID: non_current_assets_proved_oil_and_gas_property_successfu_ce7306

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.58B$4.66B$4.62B$4.74B$4.93B$8.55B$8.87B$9.28B$9.69B$10.11B$15.04B$15.49B$16.40B$17.79B$18.60B$19.03B$20.23B$20.73B$21.48B$22.09B
QoQ Change+1.8%-0.8%+2.6%+3.9%+73.5%+3.7%+4.7%+4.4%+4.3%+48.7%+3.0%+5.9%+8.5%+4.5%+2.3%+6.3%+2.5%+3.6%+2.8%
YoY Change+7.6%+83.5%+91.8%+95.7%+96.6%+18.2%+69.5%+66.9%+69.3%+75.9%+23.7%+22.8%+23.3%+16.5%+15.5%+16.1%
Range$4.58B$22.09B
CAGR+39.3%
Avg YoY Growth+49.6%
Median YoY Growth+45.3%
Current Streak17 quarters growth

Frequently Asked Questions

What is Permian Resources's proved properties?
Permian Resources (PR) reported proved properties of $22.09B in Q1 2026.
How has Permian Resources's proved properties changed year-over-year?
Permian Resources's proved properties increased by 16.1% year-over-year, from $19.03B to $22.09B.
What is the long-term trend for Permian Resources's proved properties?
Over 5 years (2020 to 2025), Permian Resources's proved properties has grown at a 37.3% compound annual growth rate (CAGR), from $4.40B to $21.48B.
What does proved properties mean?
The value of land and equipment where oil and gas reserves have been confirmed.