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Permian Resources Q1 Adjusted Earnings Fall, Revenue Rises

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-- Permian Resources (PR) reported Q1 adjusted earnings late Wednesday of $0.39 per diluted share, down from $0.43 a year earlier.

Analysts polled by FactSet expected $0.38.

Revenue for the quarter ended March 31 was $1.39 billion, up from $1.38 billion a year earlier.

Analysts surveyed by FactSet expected $1.41 billion.

The company kept its quarterly dividend at $0.16 per share, payable on June 30 to shareholders of record as of June 16.

Shares of Permian Resources were down nearly 4% in after-hours trading.

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Permian Resources Q1 Adjusted Earnings Fall, Revenue Rises | FINWIRES