Permian Independents Q4 2025: Efficiency Wins, Portfolios Shift, and One That Won't Be Reporting Again
CIR Earnings Research | Batch 2 of 9 | OVV · PR · MTDR · SM · VTLE
The second wave of Permian independent earnings tells a consistent story on the operational front—drilling and completion costs are falling, lateral lengths are growing, and every management team is claiming capital efficiency wins—but underneath that uniformity,
