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Permian Resources Corporation - $PR STOCK NEWS

Welcome to our dedicated page for Permian Resources Corporation news (Ticker: $PR), a resource for investors and traders seeking the latest updates and insights on Permian Resources Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Permian Resources Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Permian Resources Corporation's position in the market.

Rhea-AI Summary
Permian Resources Corporation to report Q3 2023 financial results
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Rhea-AI Sentiment
End-of-Day
1.15%
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Rhea-AI Summary
Permian Resources Corporation announces pricing of public offering of Class A Common Stock
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End-of-Day
-1.86%
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Rhea-AI Summary
Permian Resources Corporation announces underwritten public offering of 20,300,000 shares of Class A common stock by Selling Stockholders. Underwriters may have option to purchase additional 3,045,000 shares. Concurrently, Company intends to purchase 2,200,000 OpCo Units from Selling Stockholders. Offering subject to market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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Rhea-AI Summary
Permian Resources Corporation prices private placement of $500.0 million senior notes due 2032.
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End-of-Day
-2.21%
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Rhea-AI Summary
Permian Resources Corporation intends to offer $500.0 million in senior unsecured notes due 2032 in a private placement. The proceeds will be used to repay indebtedness and for the Earthstone Merger. The Notes have not been registered under the Securities Act.
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End-of-Day
-0.89%
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Rhea-AI Summary
Permian Resources to acquire Earthstone Energy in a $4.5 billion all-stock transaction, strengthening its position in the Delaware Basin and increasing production to 300,000 Boe/d. Expected to be accretive to free cash flow per share by >30% per year in the next two years. Transaction is expected to drive $175 million in annual cash flow improvements and support a 20% increase in base dividend per share. The acquisition represents an 8% premium to the exchange ratio based on the 20-day volume weighted average share prices.
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Rhea-AI Sentiment
End-of-Day
16.7%
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0.26%
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Rhea-AI Summary
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0.26%
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Rhea-AI Summary
Permian Resources Corporation will release its second quarter 2023 financial and operating results on August 2, 2023. The earnings conference call will take place on August 3, 2023. Interested parties can participate by dialing (888) 886-7786 or accessing the internet at www.permianres.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
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Rhea-AI Summary
Permian Resources Corporation (NYSE: PR) announced its first quarter 2023 financial and operational results. The company delivered total production of 153.8 MBoe/d, in-line with guidance, and reported net cash provided by operating activities of $438 million. They also announced a quarterly base dividend of $0.05 per share and initiated an inaugural variable dividend of $0.05 per share. Permian Resources closed a bolt-on acquisition in Lea County and a midstream infrastructure divestiture in Reeves County.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.97%
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Permian Resources Corporation

NYSE:PR

PR Rankings

PR Stock Data

10.04B
487.55M
3.49%
98.31%
7.09%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
DENVER

About PR

centennial resource development (nasdaq:cdev) is an independent oil producer with assets in the core of the southern delaware basin, a sub-basin of the permian basin in west texas. with over 40,000 net acres and 1,350+ drilling locations primarily in reeves county, we are pursuing a growth strategy grounded in technical leadership, strong well results, attractive investment returns and a conservative balance sheet. centennial is headquartered in denver, colorado. interested in learning more about centennial? please visit our website at www.cdevinc.com. interested in a career at centennial? please submit your resume to centennialcareers@cdevinc.com