Permian Resources (PR) Offering 26.5M Shares

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Go back to Permian Resources (PR) Offering 26.5M Shares

Permian Resources Corporation Announces Public Offering of Class A Common Stock

July 29, 2024 6:31 AM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) today announced the commencement of an underwritten public offering (the equity offering) of an aggregate 26,500,000 shares of its Class A Common Stock, par value $0.0001 per share (Class A common stock).

Concurrently with the equity offering, subject to market conditions, Permian Resources Operating, LLC, a subsidiary of Permian Resources (the Issuer), intends to offer for sale in a private placement (the concurrent notes offering) under Rule 144A and Regulation S under the Securities Act of 1933, as amended (the Securities Act), to eligible purchasers $750.0 million in... More