Permian Resources Corporation has completed a previously announced corporate reorganization. As part of the transaction, members of the management team and certain long-term holders exchanged Class C shares for Class A shares, aligning management ownership more closely with public investors and advancing the simplification of the company's Up-C structure. Following the reorganization, approximately 35.5 million Class C shares remain outstanding, with the total number of Class A and Class C shares unchanged. No shares were sold as part of this transaction. Permian Resources is an independent oil and natural gas company headquartered in Midland, Texas, with assets concentrated in the Delaware Basin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Resources Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260107999923) on January 07, 2026, and is solely responsible for the information contained therein.