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Permian Resources Corp (PR) company profile

PRNYSECrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 11/302% above fair value
$22.77+0.45 (+2.02%)

Close on Nov 12, 2026Market cap $19.07BP/E 11.9Yield 2.64%

About Permian Resources

Crude Petroleum & Natural Gas, SIC 1311

Permian Resources Corporation is an independent energy company focused on the acquisition, exploration, and development of crude oil, natural gas, and natural gas liquids reserves. The company conducts upstream operations primarily across key energy plays, generating revenue through the production and sale of its hydrocarbon commodities. Its customer base includes midstream operators, energy trading entities, and major oil companies such as Enterprise Crude Oil LLC, Shell Trading Company, and BP America.

The organization centers its operational scale and asset development within the Permian Basin, holding extensive acreage and producing properties across both the Delaware Basin and Midland Basin. Permian Resources operates domestically within the United States and maintains its corporate headquarters at 300 N. Marienfeld St., Suite 1000, in Midland, Texas.

Summary of the business section of Permian Resources's latest annual report, written by StockData.

Company profile

Company

Legal name
Permian Resources Corp
Headquarters
Midland, TX
Address
300 N. Marienfeld St., Suite 1000 79701
Phone
(432) 695-4222
Employees
515, Dec 31, 2025
Industry
Crude Petroleum & Natural Gas
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
KPMG LLP, Dallas, Texas

Stock & identifiers

Ticker
PR
Former tickers
CDEV until Sep 8, 2022
Exchange
NYSE
IPO date
Feb 25, 2016
Shares outstanding
838M, Jul 31, 2026
Public float
$10.50B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1658566
CUSIP
71424F105
ISIN
US71424F1057
FIGI
BBG00CNYBQ76
Share class FIGI
BBG00D61Y2G3
LEI
529900NXUJPOKU7OJ511
EIN
47-5381253

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
James H. WalterCo-Chief Executive Officer, Director12,379,394
William M. Hickey IIICo-Chief Executive Officer, Director12,379,394
Guy M. OliphintEVP, Chief Financial Officer537,400
John Charles BellEVP, General Counsel1,561,680
Robert Regan ShannonEVP, Chief Accounting Officer2,346,698
Robert M. TichioDirector157,566
Steven D. GrayDirector228,880
Frost W. CochranDirector14,045
William J. QuinnDirector33,358,807
Maire A. BaldwinDirector303,062
Aron MarquezDirector86,263
Karan E. EvesDirector99,263
Jeffrey TepperDirector165,690
Robert John AndersonDirector515,148

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Hickey
$11.43M$13.76M$5.06M$1015$243
FY2025
Smith
$0$0$5.06M$1015$243
FY2025
Walter
$11.43M$13.76M$5.06M$1015$243
FY2024
Hickey
$0$6.77M$3.68M$1041$248
FY2024
Smith
$0$0$3.68M$1041$248
FY2024
Walter
$0$6.77M$3.68M$1041$248

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
William M. Hickey III
Co‑Chief Executive Officer
–$11.43M––$11.43M–
James H. Walter
Co‑Chief Executive Officer
–$11.43M––$11.43M–
Guy M. Oliphint
Executive Vice President and Chief Financial Officer
$475.00K$4.06M$712.50K$14.51K$5.27M+7%
John C. Bell
Executive Vice President, General Counsel and Secretary
$400.00K$4.06M$480.00K$15.28K$4.96M+65%
Robert R. Shannon
Executive Vice President and Chief Accounting Officer
$395.83K$4.06M$480.00K$23.50K$4.96M+72%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

SPAC offering

Type
SPAC (blank check) IPO of units
Final prospectus filed
Feb 25, 2016
Offer price
$10.00
Securities offered
45,000,000
Gross proceeds
$450.00M
Exchange
Nasdaq
First trading day
Apr 15, 2016
First-day close
$10.000.0%
Lock-up ends (est.)
Oct 12, 2016

“Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-third of one warrant.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 515 total employees.”

Corporate history

Events identified from SEC filings

DateEventDetails
Jan 20, 2026DeregistrationTermination of SEC registration (Form 15)
Jan 7, 2026DelistingNotice of delisting from exchange (Form 25)
Nov 3, 2023Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 6, 2023MergerRegistration of securities for a merger or exchange offer (S-4)
Sep 12, 2022DelistingNotice of delisting from exchange (Form 25)
Sep 8, 2022ListingRegistration of securities on an exchange (Form 8-A)
Sep 8, 2022Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 8, 2022Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 30, 2022Name changeName changed from Centennial Resource Development, Inc. to Permian Resources Corp
Jul 28, 2022Merger voteDefinitive merger proxy statement
Aug 13, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 23, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 13, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jun 9, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 31, 2017DelistingNotice of delisting from exchange (Form 25)
Dec 29, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 25, 2016Auditor changeChange in certifying accountant (8-K Item 4.01)
Nov 10, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 14, 2016Name changeName changed from Silver Run Acquisition Corp to Centennial Resource Development, Inc.
Oct 11, 2016DelistingNotice of delisting from exchange (Form 25)
Oct 11, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 23, 2016Merger voteDefinitive merger proxy statement
Jul 27, 2016Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Feb 25, 2016IPOInitial public offering priced (424B4 prospectus)
Feb 17, 2016ListingRegistration of securities on an exchange (Form 8-A)

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