Permian Resources Corp (PR) PT Raised to $18 at Mizuho

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Permian Resources Corp (PR) PT Raised to $17 at Benchmark

March 5, 2024 6:51 AM EST

(Updated - March 5, 2024 9:46 AM EST)

Benchmark analyst Subash Chandra raised the price target on Permian Resources Corp (NASDAQ: PR) to $17.00 (from $16.00) while maintaining a Buy rating.

The analyst commented, "PR has been one of the top-performing E&P names... More

Permian Resources Corp (PR) PT Raised to $15 at UBS

March 4, 2024 9:34 AM EST

UBS analyst Josh Silverstein raised the price target on Permian Resources Corp (NASDAQ: PR) to $15.00 (from $14.00) while maintaining a Neutral rating.... More

Permian Resources (PR) Announces 48.5M Share Secondary offering at $15.76/sh

March 4, 2024 9:30 AM EST

Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (Class A common stock), at a price to the public of $15.76 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Companys management (the Selling Stockholders). Permian Resources will not sell any shares of Class A common stock in the offering and will not... More

Permian Resources (PR) Announces 48.5M Share Secondary Offering

March 4, 2024 7:00 AM EST

Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (Class A common stock), by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Companys management (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.

Concurrently with... More