An affiliate of PR has filed a notice of proposed sale of 70,249 Class A shares under Rule 144. The shares have an aggregate market value of $966,689.46 and are planned to be sold through Fidelity Brokerage Services LLC on or about 01/05/2026 on the NYSE. The filing reports that these shares were acquired on 12/31/2025 through restricted stock vesting from the issuer as compensation. The table also notes that 829,297,592 Class A shares were outstanding, providing a baseline for the issuer’s total equity. The seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
Permian Resources Corporation plans a holding company reorganization that will place a new Delaware corporation, PRC NewCo Inc (“New PR”), as the publicly traded parent while the current company becomes its wholly owned subsidiary. Each existing Class A share will convert into one New PR Class A share, and each Class C share (other than those canceled) will convert into one New PR Class C share, with New PR Class A shares continuing to trade on the NYSE under the symbol “PR.” In connection with the structure, certain OpCo unitholders are expected to surrender corresponding Class C shares for cancellation and exchange their OpCo units for 48,916,754 New PR Class A shares in a private, exempt transaction. The reorganization is being carried out under Delaware Section 251(g) without a shareholder vote and is anticipated to be completed in the first quarter of 2026.
Permian Resources (PR) reported Q3 results for the period ended September 30, 2025. Oil and gas sales were $1,321,796 thousand, up from $1,215,571 thousand a year ago. Net income attributable to Class A Common Stock was $59,234 thousand, with diluted EPS of $0.08.
Results reflect a loss on extinguishment of debt of $264,294 thousand tied to redeeming and converting 3.25% Convertible Senior Notes due 2028, including 30.6 million Class A shares issued on conversion valued at $430,000 thousand. Long‑term debt fell to $3,544,836 thousand from $4,184,233 thousand, aided by redemption of 5.375% 2026 notes and partial redemption of 9.875% 2031 notes.
Year‑to‑date, cash from operations reached $2,703,214 thousand, funding $1,485,408 thousand of drilling and $830,278 thousand of acquisitions. The Company closed a bolt‑on with Apache for $572,300 thousand (adjusted) and other property buys of approximately $225,600 thousand. Cash ended at $111,805 thousand. The revolving credit facility had a $4.0 billion borrowing base and $2.5 billion elected commitments with no borrowings outstanding.
Permian Resources Corporation furnished an 8-K announcing it issued a press release with financial and operational results for the third quarter of 2025. The press release is included as Exhibit 99.1.
The disclosure is provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD). The company states these materials are furnished, not filed, and will not be incorporated by reference into other filings unless specifically noted.
Permian Resources Corporation reported that its subsidiary, Permian Resources Operating, LLC, entered into a Tenth Amendment to its Third Amended and Restated Credit Agreement. The amendment reaffirmed a $4.0 billion borrowing base and kept elected revolving commitments at $2.5 billion.
The amendment also adjusted the Applicable Margin by adding a new borrowing base utilization pricing grid that applies when the Company holds a BBB- or better index debt rating from Fitch. It further provides, subject to certain conditions, for reduced interest rates during an “investment grade period,” generally defined as when the Company has an index debt rating of Baa3/BBB- or better from Moody’s or S&P, respectively, and ending upon the Company’s election or if ratings fall below Ba1/BB+.
Pearl Energy-affiliated reporting persons filed Amendment No. 4 to a Schedule 13D for Permian Resources Corporation's Class A common stock to disclose restructuring of Opco units and related equity. On September 16, 2025, William J. Quinn and his personal vehicle received a distribution of 7,933,155 Opco Common Units and Class C shares; the remaining previously reported Opco Common Units and Class C shares were converted into Class A shares and distributed for no consideration to limited partners and members of the reporting persons.
After the September 2025 transactions, Mr. Quinn beneficially owns 9,245,584 Class A shares (including 7,933,155 issuable upon conversion), representing 1.30% of the Class A outstanding on a base of 702,730,246 shares as reported July 31, 2025. All other reporting persons on this Schedule 13D/A report zero beneficial ownership.
Amendment No. 18 to Schedule 13D discloses that certain Riverstone-related parties sold 40,332,991 shares of Permian Resources Corp Class A common stock in an underwritten offering at $13.46 per share, with the offering closing on September 16, 2025. The sale was made to Morgan Stanley, Citigroup and Goldman Sachs under a September 15, 2025 underwriting agreement that includes customary 45-day lock-up restrictions for the selling parties.
The filing reports that, as of September 16, 2025, Silver Run Sponsor (and related Riverstone entities and individuals) hold 1,263,978 shares, representing 0.2% of the 744,304,408 shares outstanding stated in the issuer prospectus. The reporting persons ceased to own more than 5% of the outstanding Class A common stock as of that date. The underwriting agreement is filed as Exhibit 15 and is incorporated by reference.
Permian Resources Corporation filed a prospectus supplement on Form 424B7 registering up to 334,064,083 shares of Class A common stock, including shares issuable upon redemption of Permian Resources OpCo Units together with cancellation of an equal number of Class C common shares. The prospectus incorporates by reference the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent periodic reports and lists underwriters including Morgan Stanley, Citigroup and Goldman Sachs & Co. LLC. The disclosure includes historical financial line items for periods through the six months ended June 30, 2025 and full years 2024–2022, a non-GAAP definition of Adjusted EBITDAX, and a PV-10 measure disclosed as $10,830.4. The prospectus warns of cybersecurity threats and geopolitical tensions (including the Israel-Gaza region) among listed risk factors and details U.S. and non-U.S. tax and withholding considerations for non-U.S. holders.
Permian Resources Corporation filed an 8-K reporting a material event tied to its recent securities offering activity. The filing references an Underwriting Agreement dated September 15, 2025, a Launch Press Release dated September 15, 2025, and a Pricing Press Release dated September 15, 2025. The company also included a cover page interactive data file embedded in the Inline XBRL document, and the form is signed and dated September 16, 2025.
In plain terms, the company has disclosed documents that typically accompany a registered offering: the underwriting contract and public statements announcing the launch and final pricing. The filing itself does not disclose offering size, price per share, proceeds, or other financial terms, so the concrete economic impact is not specified in the disclosed text.
Permian Resources Corporation (PR) filed a prospectus supplement on a Form 424(b)(7) to register resale and issuance of Class A common stock, including up to 334,064,083 shares consisting of previously registered shares and shares issuable upon redemption of OpCo units with cancellation of Class C shares. The offering is underwritten by Morgan Stanley, Citigroup and Goldman Sachs & Co. LLC. Estimated out-of-pocket offering expenses are approximately $0.5 million, and the company agreed to reimburse certain underwriter expenses up to $10,000. The prospectus incorporates by reference the company’s Annual Report on Form 10-K for the year ended December 31, 2024, subsequent Quarterly and Current Reports, and other filings; the company’s website is listed as www.permianres.com but website content is not incorporated by reference except as stated. The prospectus includes tax and transfer restrictions for non-U.S. holders, FATCA discussion, a 45-day lock-up restriction for certain holders, and PV-10 reserve metrics as presented in the filing.