04:46 PM EDT, 08/06/2024 (MT Newswires) -- Permian Resources ( PR ) reported Q2 adjusted net income Tuesday of $0.39 per share, up from $0.27 a year earlier.

Analysts polled by Capital IQ expected $0.38.

Revenue in the quarter ended June 30 rose to $1.25 billion from $623.4 million a year earlier.

Analysts surveyed by Capital IQ expected $1.23 billion.

The company's board declared a quarterly base cash dividend of $0.06 a share and a variable dividend of $0.15 per share, both payable on Aug. 27 to shareholders of record on Aug. 19.

Shares were up 2% after hours.

Price: 14.00, Change: +0.28, Percent Change: +2.04