Permian Resources PR Leaseholds and Leasehold Improvements — Area of Land
Discontinued — last reported Q4 '22
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Where this comes from
Reported directly by Permian Resources in its filing.
Tagged under the XBRL concept us-gaap:AreaOfLand.
The official record: Permian Resources’s 10-K, filed February 24, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Permian Resources's leaseholds and leasehold improvements — area of land?
- Permian Resources (PR) reported leaseholds and leasehold improvements — area of land of $4K in Q4 2022.
- What does leaseholds and leasehold improvements — area of land mean?
- The total amount of land acreage the company controls for oil and gas exploration and production.
- How do you interpret leaseholds and leasehold improvements — area of land?
- An increase indicates successful business development or strategic land acquisition, potentially expanding future production capacity. A decrease may signal divestitures, lease expirations, or a strategic shift toward focusing on higher-quality core assets.
- How does leaseholds and leasehold improvements — area of land compare across companies?
- Peers in the upstream energy sector typically report this as 'Net Acreage' or 'Total Leasehold Acreage,' and it is a standard benchmark for evaluating the size and quality of an exploration company's asset base.