PR Research | Milton Maxwell

Permian Resources Corporation

14.00

-0.41-2.85%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

11.80B

P/E (TTM)

12.50

Basic EPS (TTM)

1.12

Dividend Yield

0.04%

Recent Filings

10-Q

11/6/25Nov 6, 2025

8-K

10/30/25Oct 30, 2025

8-K

Secondary stock offering priced

9/16/25Sep 16, 2025

Permian Resources announced the pricing of a secondary public offering of 46,112,899 Class A shares at $13.53 each, sold by affiliates of Pearl Energy Investments and Riverstone Investment Group, with the deal set to close September 16, 2025. The company receives no proceeds but will buy back 2,000,000 Permian LLC units at the same price and cancel matching Class C shares, tightening ownership structure. No direct financial boost, yet it streamlines control amid market volatility.

8-K

Registers exchangeable note shares

9/2/25Sep 2, 2025

Permian Resources Corporation filed a prospectus supplement on August 29, 2025, registering shares of Class A Common Stock issuable upon exchange of its subsidiary's 3.25% exchangeable senior notes due 2028, originally issued in 2021. This covers potential conversions under the indenture with UMB Bank, N.A., supported by a legal opinion from Latham & Watkins LLP. No new issuance or exchange terms altered. Filing ensures SEC compliance for future exchanges.

8-K

Notes redemption announced

8/28/25Aug 28, 2025

Permian Resources called for full redemption of its 3.25% Exchangeable Senior Notes due 2028 on August 28, 2025, with repurchase set for September 12, 2025, at $1,014.53 per $1,000 principal, including accrued interest. Holders can exchange notes for 179.9208 shares of common stock per $1,000 before September 10, 2025, boosted by the make-whole provision. This move simplifies the balance sheet. Redemption hinges on stock price thresholds met.

About

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

CEO

Mr. William M. Hickey III

IPO

4/15/2016

Website

https://www.permianres.com

Employees

482

Sector

Energy

Industry

Oil & Gas E&P