Permian Resources (Permian Resources) Interest Expense : $-161 Mil (TTM As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Permian Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Permian Resources's interest expense for the three months ended in Dec. 2023 was $ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-161 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Permian Resources's Operating Income for the three months ended in Dec. 2023 was $ 550 Mil. Permian Resources's Interest Expense for the three months ended in Dec. 2023 was $ -59 Mil. Permian Resources's Interest Coverage for the quarter that ended in Dec. 2023 was 9.35. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Permian Resources Interest Expense Historical Data

The historical data trend for Permian Resources's Interest Expense 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 Interest Expense Chart

Permian Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-55.99

-69.19

-61.29

-79.99

-161.13

Permian Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-36.55	-33.98	-33.34	-35.00	-58.80

Permian Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-161 Mil.

Permian Resources (NYSE:PR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Permian Resources's Interest Expense for the three months ended in Dec. 2023 was $-59 Mil. Its Operating Income for the three months ended in Dec. 2023 was $550 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,877 Mil.

Permian Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	549.709	/	-58.804
	=	9.35

The higher the ratio, the stronger the company's financial strength is.

Permian Resources (Permian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permian Resources Corp (NYSE:PR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PR:Mexico YZ8:Germany

Address

300 N. Marienfeld Street, Suite 1000, Midland, TX, USA, 79701

Website

https://www.permianres.com

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