Colgate Energy

Colgate Energy

Colgate Energy was formed by a group of energy industry professionals focused on the Permian Basin of West Texas and southeastern New Mexico. The firm's operations concentrate on the core of the Delaware Basin, primarily in Eddy and Lea Counties, New Mexico, and Reeves and Ward Counties, Texas. The business later merged with other entities to become Permian Resources, a publicly traded independent oil and natural gas company listed on the New York Stock Exchange under the ticker PR. The firm pursues a strategy of acquiring, optimizing, and developing oil and liquids-rich natural gas assets to generate outsized returns. Its portfolio comprises approximately 480,000 net leasehold acres across the Permian Basin, making it the second-largest pure-play E&P in that region. The company employs a disciplined capital approach, focusing on high-return drilling locations and responsible resource development. Permian Resources frequently updates its financial guidance and operational plans, as seen in its May 2026 quarterly results. Headquartered in Midland, Texas, the company does not disclose its total number of professionals or AUM publicly. It maintains a sustainability program committed to ESG excellence. In recent years, the firm has transitioned from private to public ownership, with Permian Resources now subject to quarterly earnings reports and dividend declarations. As of May 2026, Permian Resources declared a quarterly cash dividend of $0.16 per share. The primary structural differentiator for Colgate Energy is its pure-play focus on the Permian Basin, a tight geographic and geological concentration that allows deep operational expertise. The firm operates as a publicly traded corporation rather than a traditional family office or closed-end fund, enabling ongoing capital market access and liquidity for shareholders. This structure sets it apart from many other oil-and-gas focused entities that diversify across basins or regions.