Investing.com - Permian Resources reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Permian Resources announced earnings per share of $0.700 on revenue of $549.78M. Analysts polled by Investing.com anticipated EPS of $0.547 on revenue of $535.15M.
Permian Resources shares are down 48.09% from the beginning of the year, still down 2.68% from its 52 week high of $11.20 set on November 7.
Permian Resources follows other major Energy sector earnings this month
Permian Resources's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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