Permian Resources Corp SEC Filings

Permian Resources Corporation reported strong fourth-quarter and full-year 2025 results with rising production, cash flow and a higher dividend. In Q4 2025, total production averaged 401,475 Boe/d and generated net cash from operations of $904 million and adjusted free cash flow of $403 million.

For 2025, average production was 392,633 Boe/d, with oil volumes up 14% versus 2024. Cash from operations reached $3.61 billion and adjusted free cash flow was $1.64 billion, about 20% higher than 2024, while drilling and completion costs per foot fell around 10%. The company executed roughly $1.1 billion of acquisitions and cut total debt by more than $600 million, ending with leverage of 0.9x net debt-to-LQA EBITDAX.

For 2026, Permian Resources plans oil production of 186,000–192,000 Bbls/d and total output of 400,000–430,000 Boe/d, targeting about 4% oil growth with a 6% lower capital budget of $1.75–$1.95 billion. The quarterly base dividend was raised 7% to $0.16 per share, implying a 3.6% annualized yield, and year-end 2025 proved reserves increased to 1,116 MMBoe.

Permian Resources Corporation reported a planned board change. On January 16, 2026, director Robert J. Anderson notified the company that he will retire from the Board of Directors, effective January 21, 2026, in accordance with the company’s Amended and Restated Bylaws. Mr. Anderson has served as a director since November 2023.

The company states that there are no disagreements between Mr. Anderson and Permian Resources on any matter relating to its operations, policies or practices, indicating this is a voluntary retirement rather than a dispute-driven departure.

Permian Resources director William J. Quinn reported a structural equity change tied to a corporate reorganization. On January 7, 2026, a merger made Permian Resources Corporation the parent of its predecessor entity, and Quinn’s common units in Permian Resources Operating, LLC (“OpCo Units”) were exchanged on a one-for-one basis for newly issued Class A Common Stock of the new registrant.

Quinn disposed of 1,018,745 OpCo Units held directly and 6,914,410 OpCo Units held indirectly and received the same numbers of Class A shares, with 1,018,745 shares held directly and 8,226,839 Class A shares held indirectly after the transactions. The indirect holdings are in Mail Holdings, L.P., which Quinn controls, and he disclaims beneficial ownership except to the extent of his pecuniary interest. All shares of his Class C Common Stock in the predecessor were surrendered and cancelled for no consideration as part of this reorganization.

Permian Resources Corp executive Guy M. Oliphint, EVP and Chief Financial Officer, reported sales of company Class A common stock mainly to cover taxes on vesting equity awards. On January 5, 2026, he sold 128,837 shares at a weighted average price of $13.76, leaving 789,587 shares beneficially owned. On January 6, 2026, he sold 172,904 shares at a weighted average price of $13.63, leaving 616,683 shares beneficially owned. The filing explains that these were mandatory “sell to cover” transactions to satisfy tax withholding obligations and did not represent discretionary trades.

Permian Resources Corp EVP and Chief Accounting Officer Shannon Robert Regan reported several equity transactions around a corporate reorganization. On 01/05/2026, he sold 70,254 Class A Common shares at a weighted average price of $13.76, and on 01/06/2026 sold another 106,405 shares at a weighted average price of $13.63. Footnotes state these were mandatory “sell to cover” trades to satisfy tax withholding from vesting performance restricted stock, not discretionary sales.

On 01/07/2026, following a merger in which Permian Resources Corporation became successor to Permian Resources Holdings Inc., Regan exchanged OpCo common units for newly issued Class A Common Stock on a one-for-one basis. He received 1,000,000 Class A shares directly and 500,000 shares each held indirectly by Shannon Family Investment Partnership, LP and SFIP 2024 LP, investment partnerships he controls. After these transactions, he directly owned 1,360,667 Class A shares.

Permian Resources Corp Co-Chief Executive Officer and director Walter James H reported several equity transactions. On January 5 and 6, 2026, he sold 310,003 and 467,700 shares of Class A common stock at weighted average prices of $13.74 and $13.63. According to the disclosure, these sales were mandatory "sell to cover" transactions to satisfy tax withholding on vesting performance stock units, not discretionary trades.

On January 7, 2026, a corporate reorganization made Permian Resources Corporation the successor to Permian Resources Holdings Inc. Immediately after the merger effective time, the reporting person exchanged 9,052,692 OpCo common units for an equal number of newly issued Class A shares held directly, and an additional 2,989,989 OpCo units were exchanged into Class A shares held indirectly by Bedford Family Partners, L.P., an investment partnership controlled by him. Following these transactions, he owned 10,062,830 Class A shares directly and 2,989,989 indirectly.

Permian Resources Corp director and Co-CEO William M. Hickey III reported several equity transactions involving Class A common stock and related operating company units. On January 5 and 6, 2026, he sold 309,980 and 467,725 Class A shares, respectively, at weighted average prices of $13.74 and $13.63. A footnote explains these sales were mandatory “sell to cover” transactions to satisfy tax withholding on vested performance stock units, and not discretionary trades. On January 7, 2026, following a corporate reorganization in which Permian Resources Corporation became the successor to Permian Resources Holdings Inc., Hickey exchanged 9,277,692 OpCo common units for the same number of newly issued Class A shares directly. On the same date, 2,989,989 OpCo units held through Hickey Family Investments, L.P., an investment partnership he controls, were likewise exchanged for an equal number of Class A shares held indirectly.

Permian Resources Corporation executive John Charles Bell, EVP and General Counsel, reported several equity transactions. On January 5, 2026, he sold 70,249 shares of Class A Common Stock at a weighted average price of $13.76, and on January 6, 2026, he sold 106,399 shares at a weighted average price of $13.63. These sales were mandatory "sell to cover" transactions to satisfy tax withholding on vesting performance restricted stock units, not discretionary trades.

Following these sales, his directly held Class A shares were reduced, and on January 7, 2026, a corporate reorganization made Permian Resources Corporation the successor to Permian Resources Holdings Inc. Immediately after the merger effective time, Bell exchanged 1,353,243 common units of Permian Resources Operating, LLC for an equal number of newly issued Class A Common shares. After this unit-for-share exchange, he directly held 1,729,685 shares of Class A Common Stock and no longer held the common units.

Permian Resources Corporation is withdrawing 79,150,389 unsold shares of Class A common stock from a previously effective shelf registration. The original registration statement covered 334,064,083 shares of Class A common stock, including shares issuable upon redemption of OpCo Units held by certain selling stockholders. After a holding company reorganization, a new Permian Resources Corporation became the direct parent of the prior registrant and replaced it as the NYSE-traded public company under the ticker "PR." Because the prior registrant has terminated all offerings under the old registration statement, it is now removing the remaining unsold shares from registration and asking that the related SEC filing fees be credited for future use.