{
  "schemaVersion": 1,
  "organisationId": "O-2dd4eac4d1f94a9a8beaf2bf5a444979",
  "slug": "permian-resources-corp",
  "name": "Permian Resources Corp",
  "updatedAt": "2026-10-02T11:52:50.09836Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "Permian Resources Corp is an independent U.S. oil and gas exploration and production company. It acquires and develops oil and natural gas reserves, with crude oil, natural gas liquids and natural gas as its principal products. Its operations are concentrated in the Delaware Basin of the Permian Basin, spanning West Texas and southeastern New Mexico. [P150163932]\n\nThe company states that its objective is to increase shareholder value through efficient development, improved returns and sustainable free cash flow. [P150164190] It was formed in 2022 through the combination of Centennial Resource Development and Colgate Energy. [https://permianres.com/centennial-resource-development-and-colgate-energy-complete-combination-forming-permian-resources-corporation/] For scale, 2025 oil and gas sales were approximately $5.1 billion, and average daily net production was about 393,000 barrels of oil equivalent. [T12720084]\n[P150163932][P150164190][T12720084][T12720084][https://permianres.com/centennial-resource-development-and-colgate-energy-complete-combination-forming-permian-resources-corporation/]",
      "updatedAt": "2026-10-02T11:52:50.09836Z"
    },
    {
      "type": "PRODUCTS",
      "text": "Permian Resources produces crude oil, natural gas liquids (NGLs), and natural gas; its filings describe NGLs and gas as produced alongside crude oil. For 2025, reported output was 66.364 million barrels of oil, 35.773 million barrels of NGLs, and 247.045 Bcf of natural gas. Converted at the company’s 6 Mcf/Boe convention, the production mix was approximately 46% oil, 25% NGLs, and 29% natural gas. The 2025 sales mix was approximately 84% oil, 13% NGLs, and 2.6% natural gas, with purchased-gas sales contributing about 0.5% of reported oil-and-gas sales. [P18262552][T12720084]\n\nFor the first half of 2026, production totaled 71.409 million Boe, including 35.335 million barrels of oil, 17.143 million barrels of NGLs, and 113.581 Bcf of natural gas. Gas-processing arrangements include gathering and processing of raw gas by a midstream counterparty, with Permian Resources receiving proceeds or, in some cases, taking NGLs or residue gas in kind; the company also has contracted long-haul transportation capacity exceeding 700 MMcf/d to Gulf Coast and DFW markets. These are supporting arrangements for its production rather than a separately identified product line or marketed midstream service business. [T17186822][P109572627][https://permianres.com/wp-content/uploads/2026/05/PR-Q126-Earnings-Presentation_FINAL.pdf?_bhlid=cc64ada637323859eca7f9f06b1b992c466f0cc0]\n[P18262552][T12720084][T17186822][P109572627][https://permianres.com/wp-content/uploads/2026/05/PR-Q126-Earnings-Presentation_FINAL.pdf?_bhlid=cc64ada637323859eca7f9f06b1b992c466f0cc0][https://permianres.com/wp-content/uploads/2026/05/PR-Q126-Earnings-Presentation_FINAL.pdf?_bhlid=cc64ada637323859eca7f9f06b1b992c466f0cc0]",
      "updatedAt": "2026-10-02T11:52:50.09836Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "Permian Resources’ operations are concentrated in the Delaware Basin of the Permian Basin, spanning West Texas and southeastern New Mexico. At year-end 2025, the company reported 481,752 net leasehold acres, approximately 67% in Texas and 33% in New Mexico, along with more than 105,000 net royalty acres. Its June 30, 2026 operations snapshot identified Eddy and Lea Counties in New Mexico and Reeves and Ward Counties in Texas as core counties, and reported approximately 535,000 net leasehold acres and 125,000 net royalty acres. [P34086827][T7546549][https://permianres.com/operations/]\n\nThe company’s principal executive office is in Midland, Texas. Other listed offices are in Carlsbad and Eunice, New Mexico; Denver, Colorado; and Gardendale, Greenwood, Pecos, San Angelo, and The Woodlands, Texas. Its 2025 reporting describes production and proved reserves as concentrated in West Texas and New Mexico; it does not provide a geographic revenue breakdown or an employee distribution by location. [P11556287][P13566601][T12720084]\n[P34086827][T7546549][https://permianres.com/operations/][P11556287][P13566601][T12720084][https://permianres.com/operations/]",
      "updatedAt": "2026-10-02T11:52:50.09836Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Permian Resources reports one operating and reportable segment; it does not identify separate Delaware Basin, Midland Basin, or other reportable segments. The company’s Co-CEOs review operations on a consolidated basis, so the single reported segment represents approximately 100% of reported operations. [P150163954]\n\nThe segment’s focus is oil and natural gas exploration and production in the Permian Basin, particularly the core Delaware Basin, including acquiring, optimizing, and developing oil and gas properties. The company’s filings do not provide a percentage contribution by basin or other subsegment. [P150164190][P150163234]\n[P150163954][P150164190][P150163234]",
      "updatedAt": "2026-10-02T11:52:50.09836Z"
    },
    {
      "type": "HISTORY",
      "text": "Permian Resources traces its corporate lineage to 2016, when Silver Run Acquisition Corp. acquired a controlling interest in Centennial Resource Production and became Centennial Resource Development. In 2022, Centennial and Colgate Energy combined in a merger of equals; the parent was renamed Permian Resources Corporation, its operating subsidiary became Permian Resources Operating, and Will Hickey and James Walter became co-CEOs. [https://www.riverstonellc.com/media/1108/silverruncentennialclosing-pressrelease-final.pdf] [https://permianres.com/centennial-resource-development-and-colgate-energy-to-combine-creating-7-0-billion-permian-basin-pure-play/] [https://permianres.com/centennial-resource-development-and-colgate-energy-complete-combination-forming-permian-resources-corporation/]\n\nThe company expanded through several major acquisitions. In 2023 it completed its acquisition of Earthstone Energy, adding approximately 223,000 net acres in the Permian Basin. In 2024, it completed an acquisition of assets from an Occidental affiliate, adding acreage in Reeves County, Texas, and Eddy County, New Mexico, and announced the sale of its gathering systems. In 2025, it completed an acquisition from APA that added further acreage in New Mexico’s Eddy and Lea Counties. [https://permianres.com/permian-resources-to-acquire-earthstone-energy-in-all-stock-transaction-creating-a-14-billion-premier-delaware-basin-independent-ep/] [https://permianres.com/permian-resources-completes-acquisition-of-earthstone-energy/] [https://permianres.com/permian-resources-announces-closing-of-bolt-on-acquisition-of-core-delaware-basin-assets/] [https://permianres.com/permian-resources-announces-divestiture-of-midstream-gathering-systems/] [https://permianres.com/permian-resources-announces-closing-of-bolt-on-acquisition-of-core-delaware-basin-assets-2/]\n[https://www.riverstonellc.com/media/1108/silverruncentennialclosing-pressrelease-final.pdf][https://permianres.com/centennial-resource-development-and-colgate-energy-to-combine-creating-7-0-billion-permian-basin-pure-play/][https://permianres.com/centennial-resource-development-and-colgate-energy-complete-combination-forming-permian-resources-corporation/][https://permianres.com/permian-resources-to-acquire-earthstone-energy-in-all-stock-transaction-creating-a-14-billion-premier-delaware-basin-independent-ep/][https://permianres.com/permian-resources-completes-acquisition-of-earthstone-energy/][https://permianres.com/permian-resources-announces-closing-of-bolt-on-acquisition-of-core-delaware-basin-assets/][https://permianres.com/permian-resources-announces-divestiture-of-midstream-gathering-systems/][https://permianres.com/permian-resources-announces-closing-of-bolt-on-acquisition-of-core-delaware-basin-assets-2/]",
      "updatedAt": "2026-10-02T11:52:50.09836Z"
    }
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