Permian Resources (PR) Prices 21.45M Share Secondary Offering at $13.05/sh

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Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock

September 19, 2023 8:31 PM EDT

MIDLAND, 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 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (Class A common stock), at a price to the public of $13.05 per share, by certain affiliates of NGP Energy Capital Management, L.L.C. (the Selling Stockholders). 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 underwriters a 30-day option... More