Permian Resources (PR) prices 27.5 million share secondary at $11
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Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock
March 7, 2023 10:47 PM ESTMIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 27,500,000 shares of its Class A common stock, par value $0.0001 per share (Class A common stock), at a price to the public of $11.00 per share, by certain affiliates of NGP Energy Capital (the NGP Stockholders) and certain affiliates of Riverstone Investment Group LLC. Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom. The selling stockholders also granted the... More
