Midland Times

Permian Resources

Energy & Utilities | Oil and Gas

Recent News About Permian Resources

  • Permian Resources extends agreement with private equity stakeholders; announces reduction in sponsor ownership

    MIDLAND, Texas – Permian Resources Corporation (NYSE: PR) announced that funds affiliated with EnCap Investments L.P., Pearl Energy Investments, and Riverstone Investment Group LLC have amended and extended their registration rights agreement. This extension aims to maintain the partnership as these Private Equity Stockholders monetize common stock in the future.


  • Permian Resources applies to cease being a reporting issuer in Canada

    Permian Resources Completes Liquidation of Lynden Energy Corp. by Making Application to Cease to be a Reporting Issuer in Canada


  • Permian Resources announces secondary public offering of Class A common stock

    Permian Resources Corporation (NYSE: PR), a Texas-based independent oil and natural gas company, announced the initiation of an underwritten public offering of 51,765,000 shares of its Class A Common Stock. The shares, par value $0.0001 per share, are being offered by affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments, Riverstone Investment Group LLC and a member of the Company’s Board of Directors.


  • Permian Resources announces pricing for secondary public offering

    Permian Resources Corporation, also known as the "Company" (NYSE: PR), announced today the pricing of an underwritten public offering of 51,765,000 shares of its Class A Common Stock. The shares have a par value of $0.0001 each and are priced at $16.47 per share for the public. The offering is being made by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments, Riverstone Investment Group LLC and a member of the Company’s Board of Directors, collectively referred to as the "Selling Stockholders". It's important to note...