Permian Resources (PR) FY2021 results: revenue $1.0 billion, up 77.4% on the year
Permian Resources Corp. (PR) reported revenue of $1.0 billion for fiscal 2021, the year ended 31 December 2021, up 77.4% on the year before. Net income was $138 million, and diluted earnings per share $0.46. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$1.0 billion
+77.4% on the year
FY2017FY2021
Operating margin
36.0%
-134.4% a year earlier
FY2017FY2021
Net income
$138 million
FY2017FY2021
Diluted EPS
$0.46
FY2017FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
526
171
564
+206.7%
Capital expenditure
0.9
1.1
8.9
-16.8%
Free cash flow
525
170
555
+208.1%
Free cash flow margin
50.9%
29.3%
58.8%
Cash from investing
-226
-326
-933
Cash from financing
-298
148
363
Share-based compensation
37.5
21.0
29.0
+79.1%
Dividends paid
0.0
0.0
n/a
Diluted shares, weighted
310m
277m
277m
+11.8%
Shares outstanding at period end
285m
279m
n/a
+2.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,751
2,604
3,258
+5.6%
Non-controlling interest
0.0
0.0
12.6
Debt
826
1,069
1,057
-22.7%
Operating lease liabilities
16.0
0.4
3.4
+3,691.9%
Other liabilities
212
154
357
+37.5%
Total liabilities and equity
3,805
3,827
4,688
-0.6%
Fixed assets
11.2
12.7
14.6
-11.5%
Cash and equivalents
9.4
5.8
10.2
+61.7%
Receivables
57.3
41.7
76.6
+37.5%
Other assets
3,727
3,767
4,587
-1.1%
Total assets
3,805
3,827
4,688
-0.6%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.