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Permian Resources (Permian Resources) Effective Interest Rate on Debt %

: 7.56% (As of Dec. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Permian Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $235 Mil. Permian Resources's average total debt for the quarter that ended in Dec. 2023 was $3,112 Mil. Therefore, Permian Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.56%.


Permian Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Permian Resources's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Permian Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 6.46 6.40 5.24 5.26

Permian Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 6.28 6.29 6.31 7.56

Competitive Comparison

For the Oil & Gas E&P subindustry, Permian Resources's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Permian Resources Effective Interest Rate on Debt % Distribution

For the Oil & Gas industry and Energy sector, Permian Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Permian Resources's Effective Interest Rate on Debt % falls into.



Permian Resources Effective Interest Rate on Debt % Calculation

Permian Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -161.131/( (2211.898+3910.089)/ 2 )
=-1  *  -161.131/3060.9935
=5.26 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2182.139 + 29.759
=2211.898

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3877.083 + 33.006
=3910.089

Permian Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -235.216/( (2314.6+3910.089)/ 2 )
=-1  *  -235.216/3112.3445
=7.56 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2280.334 + 34.266
=2314.6

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3877.083 + 33.006
=3910.089

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Permian Resources  (NYSE:PR) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Permian Resources Effective Interest Rate on Debt % Related Terms

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Permian Resources (Permian Resources) Business Description

Industry
Traded in Other Exchanges
Address
300 N. Marienfeld Street, Suite 1000, Midland, TX, USA, 79701
Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets.
Executives
Guy M Oliphint officer: EVP, Chief Financial Officer C/O PENNIAN RESOURCES CORPORATION, I300 N. MARIENFELD ST., SUITE 1000, MIDLAND TX 79701
Silver Run Sponsor, Llc 10 percent owner 1000 LOUISIANA STREET, SUITE 1450, C/O RIVERSTONE EQUITY, HOUSTON TX 77002
Encap Energy Capital Fund Viii, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Ngp Xi Us Holdings, L.p. 10 percent owner 2850 N HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Riverstone Non-eci Usrpi Aiv, L.p. 10 percent owner C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rel Us Centennial Holdings, Llc 10 percent owner C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Robert John Anderson director 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
U.s. Bank Trust Company, National Association 10 percent owner 111 SW FIFTH AVENUE, PORTLAND OR 97204
Encap Energy Capital Fund Xi, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Frost W. Cochran director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Encap Energy Capital Fund Ix, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Bold Energy Holdings, Llc 10 percent owner 600 N. MARIENFELD ST., SUITE 1000, MIDLAND TX 79701
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Brent P Jensen officer: SVP, Chief Accounting Officer C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1401 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
John Charles Bell officer: EVP & General Counsel C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 SEVENTEENTH STREET, SUITE 1800, DENVER CO 80202