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Permian Resources
Permian Resources is an independent oil & natural gas company focused on generating outsized returns through the acquisition, optimization &...
Permian Resources
Permian Resources is an independent oil & natural gas company focused on generating outsized returns through the acquisition, optimization & development of oil & liquids-rich natural gas assets.
General information
Firm type
Asset Manager
Location
Region
North America
Country
United States
City
Midland
Corporate office
300 N. Marienfeld St., Ste. 1000, Midland, TX 79701, United States
Additional offices
Denver, CO, United States · The Woodlands, TX, United States
Sector focus
Frequently asked questions
Where are Permian Resources' physical operations concentrated?
All producing assets lie within the Delaware Basin, with core positions in Eddy and Lea Counties in New Mexico and Reeves and Ward Counties in Texas. The firm maintains zero operational exposure to other basins, making it a pure geographic bet on the Permian.
What corporate history shaped the current Permian Resources entity?
Today's Permian Resources was created in September 2022 through the all-stock merger of Centennial Resource Development and Colgate Energy. The combined company retained the Permian Resources name and NYSE listing, scaling into the second-largest pure-play operator in the Permian Basin overnight.
What is Permian Resources' approach to acquisition?
The firm pursues bolt-on and, when accretive, scaled acquisitions of producing properties and leasehold within the Delaware Basin. It integrates acquired acreage into its development schedule to extend its high-return inventory life, always with a view to maintaining balance-sheet conservatism and protecting the dividend.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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