Permian Resources (PR) Announces 39.41M Secondary Share Offering

Go back to Permian Resources (PR) Announces 39.41M Secondary Share Offering

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

December 19, 2023 6:35 AM EST

MIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 39,414,415 shares of its Class A Common Stock, par value $0.0001 per share (Class A common stock), by certain affiliates of NGP Energy Capital Management L.L.C., Riverstone Investment Group LLC and EnCap Investments L.P. (the Selling Stockholders).

The underwriter intends to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions... More