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Permian Resources Corp

NYSE:PR
US$22.17Close 7 Oct 2026 · delayed

Past year: ▲ 77%(12.56 – 23.29 USD)

Market cap
A$26.27bn
Shares on issue
838m
Story beats
45 since 2016
Last event
6 May 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

6 May 2026debt financing▲ GoodMajor

Permian Resources replaced its prior credit agreement with a new $3.0 billion senior unsecured revolving credit facility maturing in 2031, a significant upgrade from its earlier secured borrowing-base facilities reflecting its stronger post-merger credit profile.

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20 Jan 2026listing compliance notice▼ BadMajor

Permian Resources Corp deregistered its securities, ending its obligation to file reports with the SEC.

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7 Jan 2026business combination● NeutralMajor

Permian Resources completed a corporate reorganization, becoming a subsidiary of a new public holding company that itself took the Permian Resources Corporation name (with the prior entity renamed Permian Resources Holdings), and converted Class C shares held by management into Class A shares to simplify its Up-C ownership structure.

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7 Jan 2026listing compliance notice● NeutralMajor

Permian Resources Corp's exchange filed to remove a class of its securities from listing.

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30 Oct 2025debt financing● Neutral

Permian Resources' lenders amended its credit agreement in a routine update.

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28 Aug 2025debt financing● NeutralMajor

Permian Resources called for redemption all of its outstanding 3.25% exchangeable senior notes due 2028 (issued in March 2021), triggering noteholders' right to exchange or be cashed out ahead of the redemption date.

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6 May 2025debt financing● Neutral

Permian Resources' lenders reaffirmed its credit facility terms in a routine amendment.

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6 Nov 2024debt financing▲ GoodMajor

Permian Resources extended its credit facility's maturity, closed its Barilla Draw acquisition (adding ~29,500 net acres), raised its quarterly dividend 150% to $0.15/share under a new return-of-capital strategy, and received credit rating upgrades from Moody's, S&P and Fitch as it targets investment-grade status in 2025.

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8 Aug 2024debt financing▲ GoodMajor

Permian Resources' operating subsidiary issued $1.0 billion of new 6.25% senior notes due 2033 and used part of the proceeds to tender for and fully retire its $300 million of 7.75% notes due 2026.

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18 June 2024material agreement● Neutral

Permian Resources extended its registration rights agreement with private equity sponsors EnCap, Pearl Energy and Riverstone through mid-2029, formalizing an orderly path for them to keep selling down their stakes; combined sponsor ownership has already fallen from over 50% in 2022 to about 16%.

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1 May 2024debt financing▲ Good

Permian Resources' lenders reaffirmed its credit facility's $4.0 billion borrowing base (reflecting the enlarged post-Earthstone reserve base) and raised elected commitments from $2.0 billion to $2.5 billion.

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13 Dec 2023debt financing● NeutralMajor

Permian Resources' operating subsidiary added $500 million more to its 7.000% notes due 2032, bringing that note series to $1 billion outstanding, likely helping fund the newly closed Earthstone acquisition.

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8 Nov 2023business combination● Neutral

Permian Resources filed Earthstone Energy's historical and pro forma combined financial statements following the completed acquisition, a routine post-closing disclosure.

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3 Nov 2023business combination▲ GoodMajor

Permian Resources completed its acquisition of Earthstone Energy after shareholders of both companies approved the deal, issuing about 211 million shares to Earthstone holders; Earthstone was delisted from the NYSE and ceased separate SEC reporting.

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20 Sept 2023business combination● Neutral

Amendment No. 1 says on its face it was filed solely to amend Item 21 of Part II and file exhibits, with the joint proxy statement omitted entirely; what it delivered was Vinson & Elkins' signed opinion in place of the form of it, and the proxy cards for both companies.

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12 Sept 2023debt financing● NeutralMajor

Permian Resources' operating subsidiary issued $500 million of new 7.000% senior notes due 2032.

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6 Sept 2023business combination▲ GoodMajor

Permian Resources registered with the SEC the shares it will issue to Earthstone Energy shareholders in the pending merger, filing the joint proxy statement/prospectus both companies' shareholders would vote on.

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5 Sept 2023debt financing● Neutral

Permian Resources amended its credit agreement to accommodate the pending Earthstone Energy merger, excluding certain permitted debt from borrowing-base calculations.

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21 Aug 2023business combination▲ GoodMajor

Permian Resources and Earthstone Energy jointly announced their merger agreement, valuing the combined company at roughly $14 billion with over 400,000 net Permian acres and about 300,000 boe/d of pro forma production; each Earthstone share converts to 1.446 Permian Resources shares.

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21 Aug 2023material agreement▲ GoodMajor

Permian Resources agreed to acquire Earthstone Energy, a complementary Delaware Basin operator, in an all-stock deal worth an estimated $4.5 billion enterprise value, expecting about $175 million in annual synergies and over 30% free cash flow per share accretion.

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28 Apr 2023debt financing▲ Good

Permian Resources' lenders reaffirmed its credit facility's borrowing base at $2.5 billion, reflecting the larger reserve base from the Colgate Energy merger, while keeping elected commitments at $1.5 billion.

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10 Mar 2023material agreement● Neutral

Now trading as Permian Resources Corporation following the Colgate Energy merger, the company's early investors NGP and Riverstone sold 27.5 million shares in a secondary offering at $11.00 per share, continuing to reduce their combined sponsor ownership; the company received no proceeds.

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12 Sept 2022listing compliance notice▼ BadMajor

Permian Resources Corp's securities were notified for removal from listing and registration on its exchange.

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9 Sept 2022listing compliance notice▲ GoodMajor

the exchange certified Permian Resources Corp's securities for listing, clearing them to begin trading.

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8 Sept 2022asset acquisition disposition▲ GoodMajor

Centennial Resource Development completed its merger with Colgate Energy Partners and renamed itself Permian Resources Corporation, establishing headquarters in Midland, Texas as the largest pure-play E&P company in the Delaware Basin.

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30 Aug 2022business combination▲ GoodMajor

Centennial's shareholders voted to approve the Colgate Energy merger, clearing the way to close the deal that would create the combined company later renamed Permian Resources Corporation.

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19 Aug 2022merger communication● Neutral

A duplicate filing of the same-day disclosure reaffirming the terms of the pending Colgate Energy merger.

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19 Aug 2022business combination● Neutral

Centennial reaffirmed the terms of its pending merger with Colgate Energy in an SEC filing, restating the transaction structure ahead of the shareholder vote.

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21 July 2022debt financing● Neutral

Centennial's operating subsidiary amended its credit agreement in connection with the pending Colgate Energy merger.

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19 May 2022material agreement● Neutral

Centennial filed a clarifying amendment to its original disclosure of the Colgate Energy merger agreement announced the same day.

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