Discontinued — last reported Q4 '23
NGL sales(2) — Reduction to NGL
Permian Resources NGL sales(2) — Reduction to NGL increased by 49.7% to $24.40M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 130.2%, from $10.60M to $24.40M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising values indicate higher midstream cost burdens that reduce net realized prices, whereas declining values suggest lower service costs or more favorable netback pricing arrangements.
Detailed definition
This metric quantifies the midstream service fees—specifically gathering, processing, and transportation—that are deduct...
Peer comparison
Similar to 'midstream deductions' or 'netback adjustments' reported by other upstream oil and gas companies, this metric is essential for benchmarking net realized pricing across different basins.
pr_segment_ngl_sales_2_reduction_to_nglHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $10.60M | $16.10M | $16.50M | $16.30M | $24.40M |
| QoQ Change | — | — | — | — | — | +51.9% | +2.5% | -1.2% | +49.7% |
| YoY Change | — | — | — | — | — | — | — | — | +130.2% |
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Frequently Asked Questions
- What is Permian Resources's ngl sales(2) — reduction to ngl?
- Permian Resources (PR) reported ngl sales(2) — reduction to ngl of $24.40M in Q4 2023.
- How has Permian Resources's ngl sales(2) — reduction to ngl changed year-over-year?
- Permian Resources's ngl sales(2) — reduction to ngl increased by 130.2% year-over-year, from $10.60M to $24.40M.
- What does ngl sales(2) — reduction to ngl mean?
- The total value of midstream service fees subtracted from gross natural gas liquids sales.