Permian Resources
Highly Engaged Employees
Highly Engaged EmployeesEnergy, Utilities & Waste · Texas, United States · 501-1,000 Employees
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Overview
Headquarters
300 N Marienfeld St Ste 1000, Midland, T...Phone Number
(432) 695-4222Website
www.permianres.comRevenue
$5.1 BillionStock Symbol
PRIndustry
ZI Rank: 14
Signal Type
Dec
Jan
Feb
Mar
Apr
May
ZI Rank
7
13
14
13
7
14
About Permian Resources
Permian Resources is an independent oil and natural gas company founded in 2010, specializing in the acquisition, development and production of unconventional oil and natural gas reserves. The company focuses on operations in the Wolfcamp Shaleplay within the central Midland Basin of the Permian Basin in West Texas. With extensive acreage in the region, Permian Resources maintains headquarters in Oklahoma City with additional field offices in Big Lake and Midland, Texas. The company provides energy services through the exploration and production of natural resources, utilizing advanced engineering and technical expertise to maximize production from its strategic holdings across multiple play horizons.Explore more
Permian Resources Org Chart
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Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Permian Resources is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Permian Resources is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Permian Resources.
Permian Resources Tech Stack
A closer look at the technologies used by Permian Resources
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Most Recent Scoops
Person-Based
Earnings, Finance
Earnings
Permian Resources has received investment-grade ratings from all three major credit rating agencies and has used its free cash flow to reduce absolute debt by approximately $1.2 billion since the beginning of 2025, with investment-grade status expected to lower the company's cost of debt and ensure access to capital across market cycles.
Financial Planning, Business Finance, Finance, Financial Strategy, Financing & Debt, Risk
Earnings
reported free cash flow per share of $0.60 for Q1, representing the highest level in company history, while also setting new company records on both drilling and completion cost per foot and accelerating oil production volumes in response to higher oil prices in March.
Earnings, Finance, Oil & Gas
Earnings
reported controllable cash costs for Q1 within its 2026 guidance, with lease operating expenses of $5.19 per BOE, gathering, processing, and transportation costs of $1.36 per BOE, and cash general and administrative costs of $0.77 per BOE, resulting in record free cash flow of over $500 million for the quarter.
Earnings, Business Finance, Finance
Earnings
Earnings, Acquisitions, Finance
Permian Resources News & Media
Permian Resources Q1 Earnings Call Highlights
Permian Resources (NYSE:PR) reported what executives described as a record quarter for free cash flow and operational efficiency, while emphasizing that the company is preserving flexibility amid volatile commodity markets. On the company’s first-quarter 2026 earnings call, Co-CEO Will Hickey saidA Look Back at U.S. Shale E&P Stocks’ Q1 Earnings: Permian Resources (NYSE:PR) Vs The Rest Of The Pack
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Permian Resources (NYSE:PR) and the best and worst performers in the U.S. shale E&P industry.What Does KeyBanc Think About Permian Resources (PR) After Initiating at Overweight?
Permian Resources Corporation (NYSE:PR) is one of the must-buy US stocks to buy right now. On April 7, KeyBanc analyst Tim Rezvan initiated coverage on Permian Resources Corporation (NYSE:PR) with an Overweight rating and a $25 price target. The analyst expressed confidence in the company’s outlook as oil prices stay elevated. A big part of […]3 Big Reasons to Love Permian Resources (PR)
What a time it’s been for Permian Resources. In the past six months alone, the company’s stock price has increased by a massive 63.9%, reaching $20.67 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
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Frequently Asked Questions Regarding Permian Resources
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Permian Resources is an independent oil and natural gas company founded in 2010, specializing in the acquisition, development and production of unconventional oil and natural gas reserves. The company focuses on operations in the Wolfcamp Shaleplay within the central Midland Basin of the Permian Basin in West Texas. With extensive acreage in the re... Read More
