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Permian Resources PR Northern Delaware Basin — Unproved properties

Discontinued — last reported Q4 '18

Similar metrics at other companies

Devon Energy logo
DVNDelaware Basin — Proved Undeveloped Reserves Revisions Other Than Price
-11.3-650%
APA Corporation logo
APADelaware Basin — Asset acquisition, proved properties amount
$581M
Devon Energy logo
DVNDelaware Basin — Proved Developed And Undeveloped Reserves Revisions Other Than Price
6.3-54.5%
APA Corporation logo
APADelaware Basin — Asset acquisition, unproved leasehold amount
$38M
Devon Energy logo
DVNDelaware Basin — Proved Developed And Undeveloped Reserve Extension And Discovery Energy
$69.5+10.3%
Devon Energy logo
DVNDelaware Basin — Percentage Of Extensions And Discoveries Proved Undeveloped Reserves
14.3%-4.5pp

Other financials

Income statement

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Revenue$1.4B+0.8%
Operating income$467.2M-7.4%
Net income$43.6M-86.8%
EPS (diluted)$0.05-88.6%

Balance sheet

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Cash & equivalents$170.8M-75.7%
Total debt$3.7B-11.1%
Total equity$11.3B+20.7%
Total assets$18.0B+5.4%

Cash flow

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Operating cash flow$815.1M-9.2%
CapEx$2.0M+16.7%
Free cash flow$813.1M-9.3%

Valuation

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Market cap$15.43B+77.6%
Enterprise value$18.96B+57.7%
P/E23.8×+16.3×
P/S+1.3×

Profitability

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Operating margin28.1%-6.6pp
Net margin12.8%-9.9pp
FCF margin69.1%-2.0pp

Returns & leverage

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Return on equity6.3%-8.0pp
Debt / equity0.3×-0.1×
Current ratio0.7×-0.2×

Where this comes from

Reported directly by Permian Resources in its filing.

Tagged under the XBRL concept us-gaap:UnprovedOilAndGasPropertySuccessfulEffortMethod.

The official record: Permian Resources’s 10-K, filed February 24, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does northern delaware basin — unproved properties mean?
The book value of properties in the Northern Delaware Basin that are not yet proven to contain profitable reserves.
How do you interpret northern delaware basin — unproved properties?
An increase indicates a larger portfolio of potential future projects, while a decrease suggests successful conversion to proved status or divestment.
How does northern delaware basin — unproved properties compare across companies?
Standard accounting classification for unproved oil and gas assets.