Non-Current Assets
Unproved properties
Permian Resources Unproved properties increased by 3.7% to $2.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $1.91B to $2.01B. Over 5 years (FY 2020 to FY 2025), Unproved properties shows an upward trend with a 9.8% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase indicates active expansion and investment in future acreage, while a decrease may signal successful conversion to proved status or impairment.
Detailed definition
This represents the acquisition and exploration costs associated with oil and gas properties that have not yet been prov...
Peer comparison
Specific to E&P; peers with high growth strategies typically carry larger unproved property balances.
Metric ID:
non_current_assets_unproved_oil_and_gas_property_success_534fa7Historical Data
20 periods
| 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 | $1.16B | $1.15B | $1.04B | $1.03B | $984.26M | $1.65B | $1.42B | $1.43B | $1.42B | $1.37B | $2.40B | $2.48B | $2.34B | $2.28B | $1.99B | $1.91B | $1.88B | $1.96B | $1.93B | $2.01B |
| QoQ Change | — | -1.0% | -9.7% | -0.8% | -4.6% | +67.6% | -13.6% | +0.6% | -1.2% | -3.0% | +74.9% | +3.1% | -5.5% | -2.8% | -12.5% | -3.9% | -1.8% | +4.6% | -1.6% | +3.7% |
| YoY Change | — | — | — | — | -15.4% | +43.2% | +36.9% | +38.9% | +43.9% | -16.7% | +68.5% | +72.7% | +65.3% | +65.7% | -17.1% | -22.8% | -19.7% | -13.7% | -2.9% | +4.9% |
Range$984.26M – $2.48B
CAGR+12.2%
Avg YoY Growth+20.7%
Median YoY Growth+20.9%
Unproved properties at Other Companies
Frequently Asked Questions
- What is Permian Resources's unproved properties?
- Permian Resources (PR) reported unproved properties of $2.01B in Q1 2026.
- How has Permian Resources's unproved properties changed year-over-year?
- Permian Resources's unproved properties increased by 4.9% year-over-year, from $1.91B to $2.01B.
- What is the long-term trend for Permian Resources's unproved properties?
- Over 5 years (2020 to 2025), Permian Resources's unproved properties has grown at a 9.8% compound annual growth rate (CAGR), from $1.21B to $1.93B.
- What does unproved properties mean?
- Costs of land and exploration projects where oil and gas reserves have not yet been confirmed.