Permian Resources Corp SEC Filings

Permian Resources Corp EVP and CFO Guy M. Oliphint reported an open-market sale of 62,769 shares of Class A Common Stock. The shares were sold on May 21, 2026 at a weighted average price of $20.44 per share, with individual trades between $20.41 and $20.53. Following this transaction, he directly holds 542,503 shares of Permian Resources common stock.

Tepper Jeffrey reported acquisition or exercise transactions in this Form 4 filing.

Permian Resources Corp director Jeffrey Tepper reported an equity award on Form 4. He received 15,144 shares of Class A common stock as a grant with no cash paid per share. After this award, he directly holds 165,690 shares of Class A common stock.

The footnotes state this is restricted stock that will vest on May 19, 2027, meaning the shares are subject to vesting conditions until that date.

Baldwin Maire A. reported acquisition or exercise transactions in this Form 4 filing.

Permian Resources Corp director Maire A. Baldwin received an equity award of 15,022 shares of Class A Common Stock as compensation. The shares are in the form of restricted stock that will vest on May 19, 2027, meaning they are subject to service-based conditions until that date.

Following this grant, Baldwin directly holds 303,062 shares of Permian Resources Class A Common Stock as reported in this filing.

PR filing: Guy Oliphint reported recent dispositions of Class A Common shares. The filing shows a sale of 6,412 shares on 03/03/2026 (post-sale holding 119,801) and a sale of 4,999 shares on 03/04/2026 (post-sale holding 91,387).

The record also lists planned/covered amounts dated 01/03/2024, 01/03/2025, and 03/01/2025 of 24,896, 25,110, and 12,763 shares respectively under "Securities To Be Sold."

Permian Resources Corporation held its 2026 annual meeting of shareholders, where investors approved expanding the 2023 Long Term Incentive Plan. The maximum Class A shares issuable under the plan increased from 71,718,560 to 101,718,560, providing more equity for future awards. Shareholders also elected ten directors for terms expiring at the 2027 annual meeting, approved on an advisory basis the compensation of named executive officers, and ratified KPMG LLP as independent auditor for the 2026 fiscal year. In addition, they approved an amendment to a subsidiary’s certificate of incorporation to remove a “pass-through voting” provision tied to the company’s corporate reorganization.

Permian Resources Corporation reported first-quarter 2026 oil and gas sales of $1.39 billion, roughly flat year over year, while net income attributable to Class A shareholders dropped to $43.6 million from $329.3 million, largely due to a $339.9 million loss on derivatives versus a prior-year gain.

Production increased 11% to 37.2 MMBoe, with oil volumes up 10% and NGLs up 20%, supporting strong cash flow from operations of $815.1 million. The company spent $466.2 million on drilling and development and $204.9 million on bolt-on acquisitions.

Permian completed a corporate reorganization that eliminated noncontrolling interest and converted all Class C shares into Class A, simplifying the equity structure. It paid a quarterly base dividend of $0.16 per share, totaling $134.9 million, ended the quarter with $170.8 million in cash and no revolver borrowings, and subsequently redeemed $550 million of 8.00% senior notes and replaced its secured credit facility with a $3.0 billion unsecured revolver maturing in 2031.

Permian Resources Corporation, through its subsidiary Permian Resources Operating, LLC, entered into a new $3.0 billion senior unsecured credit facility with JPMorgan Chase Bank, N.A. as administrative agent and a syndicate of lenders. The facility has a scheduled maturity of April 30, 2031 and may be extended in one-year increments with consent from lenders holding more than 50% of outstanding commitments.

The agreement allows total lender commitments to be increased to up to $4.0 billion and includes swingline and letter of credit subfacilities. As of April 30, 2026, loans priced off SOFR bear an additional 150 basis points, Alternate Base Rate loans bear 50 basis points, and undrawn commitments carry a 20 basis point fee. The facility includes a covenant limiting the ratio of Total Indebtedness to Capitalization to no more than 65% and replaces a prior credit agreement that was terminated without penalty and had a February 2028 maturity, a $4.0 billion borrowing base, and $2.5 billion of elected commitments.

Permian Resources Corporation reported strong first quarter 2026 results with higher production, robust cash flow and increased guidance. Total production averaged 412,850 Boe/d, including 192,349 Bbls/d of oil, up 2% from the prior quarter. Realized oil prices were $70.91 per barrel.

The Company generated net cash provided by operating activities of $815 million and adjusted free cash flow of $513 million on cash capital expenditures of $466 million. It reduced drilling and completion costs to about $685 per lateral foot and kept total controllable cash costs at $7.32 per Boe.

Permian Resources raised its full-year 2026 oil production target midpoint to 192,500 Bbls/d, maintained total capital guidance of $1.75–$1.95 billion, and reported leverage of 0.8x net debt-to-LQA EBITDAX. It also achieved investment grade ratings from all three major agencies and declared a $0.16 per-share quarterly dividend.