Brent P. Jensen
retirement of Brent P. Jensen, who previously served as the Company's Senior Vice President and Chief Accounting Officer
Highest-materiality recent filing
Q2 oil production 198.1 MBbls/d (+3% QoQ); realized oil price $97.81/bbl; adjusted FCF $751M.
Shareholders approve 30M-share LTIP increase to 101.7M; all directors elected
Shareholders approved amendment increasing maximum LTIP shares from 71.7M to 101.7M Class A shares.
Permian Resources enters $3.0B senior unsecured credit facility, maturity April 2031
New $3.0B senior unsecured credit facility replaces prior $2.5B facility; maturity April 30, 2031.
Permian Resources Q1 2026: production 412.9 MBoe/d, free cash flow $513M, raises oil guidance
Total average production 412.9 MBoe/d (192.3 MBbls/d oil, 103.3 MBbls/d NGL, 703 MMcf/d gas).
Permian Resources reports Q4 2025 total prod 401.5 MBoe/d; 2026 oil guidance +4%, dividend raised 7%
Q4 2025 total production 401.5 MBoe/d (oil 188.6 MBbls/d); CFO $904M; adj. FCF $403M.
Permian Resources director Robert J. Anderson to retire effective Jan 21, 2026
Robert J. Anderson notified Board of his retirement as director effective January 21, 2026.
Permian Resources completes holding company reorganization under new parent, trading continues as PR
Effective Jan 7, 2026, Old PR merged into PRC NewCo Inc, which renamed to Permian Resources Corporation.
Management converting ~48.9M Class C shares to Class A shares; Class C shares fall to ~35.5M from ~84.4M.
Permian Resources Q3 2025 production 410.2 MBoe/d; raises full-year oil guidance 3.0 MBbls/d
Q3 avg oil prod 186,937 Bbls/d (+6% QoQ); total prod 410.2 MBoe/d.
Reaffirmed borrowing base at $4.0B and aggregate elected revolving commitments at $2.5B.
Permian Resources announces secondary offering of 46.1M shares at $13.53; concurrent unit purchase
Selling stockholders (Pearl Energy, Riverstone affiliates) offer 46,112,899 shares at $13.53 per share; company receives no proceeds.
Permian Resources registers shares for exchange of 3.25% notes due 2028
Filed prospectus supplement on Aug 29, 2025 for shares underlying the exchangeable senior notes.
Permian Resources calls for full redemption of 3.25% Exchangeable Senior Notes due 2028
Issuer (Permian Resources Operating, LLC) sent redemption notice on Aug 28, 2025 for all outstanding 3.25% Exchangeable Senior Notes due 2028.
Permian Resources Q2 production 385.1 MBoe/d, raises 2025 guidance, declares $0.15 dividend
Q2 average production 385.1 MBoe/d (176.5 MBbls/d oil); cash from operations $1.0B, adjusted FCF $312M.
All 11 board nominees elected; Robert J. Anderson received lowest support at ~583.8M for votes.
Q1 daily oil production 175 MBbls/d, total 373 MBoe/d; cash capex $501M; adj. FCF $460M (record).
Permian Resources reaffirms $4.0B borrowing base, extends term loan debt basket
Borrowing base reaffirmed at $4.0 billion per Ninth Amendment effective April 30, 2025.
Permian Resources Q4 2024 oil production 171.3 MBbls/d, 2025 guides 8% oil growth vs 2024
Q4 2024 total production 368.4 MBoe/d; cash from ops $872M, adjusted FCF $400M.
Permian Resources Q3 oil production up 5% QoQ; raises full-year guidance, hikes base dividend 150%
Q3 oil production 160.8 MBbls/d, total 347.1 MBoe/d; cash from ops $954M, adj. FCF $303M.
Permian Resources issues $1B of 6.25% senior notes due 2033, tenders $299M of 7.75% 2026 notes
Issued $1.0B aggregate principal of 6.25% senior notes due February 1, 2033.
Permian Resources Q2 oil production up 1%, raises FY guidance, announces $817.5M OXY bolt-on
Q2 oil production 152.9 Mbbls/d (+1% QoQ); total 338.8 MBoe/d; D&C costs down 13% YoY to ~$830/ft.
Permian Resources completes tender offer for 99.57% of 7.75% Sr Notes due 2026
$298.7M (99.57%) of outstanding Notes validly tendered; purchase price $1,014.67 per $1,000 plus accrued interest.
Permian Resources prices tender offer for $300M 7.75% Senior Notes due 2026 at $1,014.67
Pricing set at $1,014.67 per $1,000 principal, based on 4.853% yield to Feb 15, 2025 call date.
Upsized notes offering to $1,000M of 6.25% senior unsecured notes due 2033; priced at par.
Acquires ~29,500 net acres, ~9,900 net royalty acres, ~15,000 Boe/d (~55% oil) for $817.5M cash; closes Q3 2024.
Amended registration rights agreement extended through June 30, 2029 with affiliates of EnCap, Pearl, Riverstone.
Permian Resources names Robert Shannon EVP & CAO, succeeding retiring Brent Jensen
Robert Shannon appointed EVP and Chief Accounting Officer effective May 31, 2024.
Permian Resources shareholders approve board declassification and officer exculpation amendments
Declassification amendment passed with 660.6M for vs 0.4M against; board now fully annual election.
Permian Resources prices $852.6M secondary offering at $16.47/share; concurrent unit buyback
Offering of 51,765,000 shares by selling stockholders at $16.47/share; company receives no proceeds.
Selling stockholders offering 51,765,000 shares; company receives no proceeds.
Permian Resources Q1 beats, raises full-year guidance, boosts dividend 20%
Q1 crude oil prod 151.8 MBbls/d, total 319.5 MBoe/d; cash flow ops $648M, adj FCF $324M ($0.42/share).
Permian Resources increases credit facility commitments to $2.5B, reaffirms $4.0B borrowing base
Borrowing base reaffirmed at $4.0 billion; aggregate elected commitments raised from $2.0B to $2.5B.
Selling stockholders (EnCap, NGP, Pearl, Riverstone, management) to sell 48.5M shares at $15.76/share; company receives no proceeds.
Selling stockholders include affiliates of EnCap, NGP, Pearl Energy, Riverstone and certain management offering 48.5M Class A shares.
Q4 2023 crude oil production 137 MBbls/d, total production 285 MBoe/d; net cash from ops $846M.
Selling stockholders (NGP, Riverstone, EnCap affiliates) selling 39,414,415 Class A shares at ~$13.00 each for $512.4M gross proceeds.
Selling stockholders offer 39,414,415 shares of Class A common stock; company receives no proceeds.
Permian Resources issues additional $500M of 7.000% senior notes due 2032
Issued $500M aggregate principal of 7.000% senior notes due Jan 15, 2032, as additional notes under existing indenture.
Permian Resources prices $500M additional 7% senior notes due 2032 to repay credit facility
Priced $500M aggregate principal of 7.000% senior notes due Jan 15, 2032 at 99.50% of par.
Permian Resources Announces $500M Private Placement of 7.000% Senior Notes Due 2032
Offering $500M aggregate principal of additional 7.000% senior unsecured notes due 2032.
Permian Resources files Earthstone's Q3 2023 results and pro forma data after merger close
Earthstone nine-month 2023 net income $255.8M, revenue $1.26B (up from $1.20B in 2022).
Permian Resources Q3 adjusted net income $220M; closes $4.5B Earthstone acquisition
Q3 crude production 89.8 MBbls/d (+6% QoQ); total 172 MBoe/d (+4% QoQ).
Permian Resources completes acquisition of Earthstone; ~211M shares issued, exchange ratio 1.446
Acquisition closed Nov 1, 2023; each Earthstone share exchanged for 1.446 Permian Resources shares.
Permian Resources shareholders approve Earthstone merger; board changes effective at close
Shareholders voted 503,997,637 for and 336,138 against the stock issuance for the Earthstone merger.
Selling stockholders (NGP affiliates) to sell 21.45M shares of Class A common stock at $13.05 per share.
Secondary offering of 20,300,000 Class A shares by NGP affiliates; company receives no proceeds.
Permian Resources issues $500M 7.000% senior notes due 2032 to support Earthstone merger
Issued $500M aggregate principal of 7.000% senior notes due Jan 15, 2032.
Priced $500M aggregate principal amount of 7.000% senior notes maturing Jan 15, 2032 at par.
Offering $500M in senior unsecured notes due 2032 in private placement under Rule 144A/Regulation S.
Permian Resources amends credit facility for Earthstone Merger; commitments up to $2B
Fourth Amendment excludes up to $1.05B assumed notes and $1B new senior unsecured notes from automatic borrowing base reduction.
retirement of Brent P. Jensen, who previously served as the Company's Senior Vice President and Chief Accounting Officer
appointed Robert R. Shannon as Executive Vice President and Chief Accounting Officer of the Company, effective as of May 31, 2024 effective immediately upon the retirement of Brent P. Jensen
the board of directors of the Company (the “Board”) appointed Robert J. Anderson and Frost W. Cochran to the Board, effective as of the Closing Date.
the board of directors of the Company (the “Board”) appointed Robert J. Anderson and Frost W. Cochran to the Board, effective as of the Closing Date.
On October 30, 2023, in connection with the Transactions, Matthew G. Hyde resigned from the Board, effective as of closing of the Transactions.
On October 30, 2023, the Board appointed Robert J. Anderson and Frost W. Cochran to the Board, effective as of closing of the Transactions.
On October 30, 2023, the Board appointed Robert J. Anderson and Frost W. Cochran to the Board, effective as of closing of the Transactions.
the retirement of George Glyphis as the Company’s Executive Vice President and Chief Financial Officer on such date.
the Board of Directors of Permian Resources Corporation (the “Company”) appointed Guy Oliphint as Executive Vice President and Chief Financial Officer of the Company, effective as of the date hereof immediately following the retirement of George Glyphis
The Company also announced that George Glyphis, Executive Vice President and Chief Financial Officer of the Company, plans to retire from the Company in mid-2023 and that Guy Oliphint will succeed Mr. Glyphis as the Company’s Chief Financial Officer.
Mr. Oliphint will join the Company as Executive Vice President of Finance in early January 2023, and the Board intends to appoint him Chief Financial Officer effective March 1, 2023.
On December 14, 2022, Permian Resources Corporation (the “Company”) announced that Sean Smith notified the Company that he intends to retire from the Board of Directors of the Company (the “Board”), including his position as Executive Chair of the Board (“Board Chair”), effective as of December 31, 2022.
Max materiality 0.90 · Median 0.65 · Most common event other_material