Permian Resources Corporation Announces Secondary Public Offering of 46 Million Shares of Class A Common Stock
Reuters
Sep 15, 2025
Permian Resources Corporation Announces Secondary Public Offering of 46 Million Shares of Class A Common Stock
Permian Resources Corporation has announced the commencement of an underwritten secondary public offering of 46,112,899 shares of its Class A Common Stock. These shares are being offered by certain affiliates of Pearl Energy Investments and Riverstone Investment Group LLC, who are the selling stockholders. Permian Resources will not be selling any shares itself and will not gain any proceeds from the offering. Concurrently, the company plans to purchase 2,000,000 OpCo Units from some of the selling stockholders, conditional upon the completion of the offering. The offering is subject to market conditions and will be managed by underwriters Morgan Stanley, Citigroup, and Goldman Sachs & Co. LLC. Copies of the prospectus can be obtained from these underwriters or accessed via the SEC's website.
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