Permian Resources (NYSE: PR) is an independent exploration and production company focused on the acquisition, development and optimization of oil and natural gas assets in the Permian Basin. The company’s operations encompass all phases of upstream activity, including geological and geophysical analysis, drilling, completion and production. By employing horizontal drilling and hydraulic fracturing technologies, Permian Resources aims to efficiently unlock hydrocarbon reserves and deliver consistent production growth.
Headquartered in Oklahoma City, Permian Resources concentrates its asset portfolio in the Delaware and Midland sub-basins of West Texas and southeastern New Mexico. The company leverages established midstream partnerships to transport crude oil, natural gas and natural gas liquids to regional and Gulf Coast markets. Through ongoing infrastructure investments and operational synergies, Permian Resources seeks to enhance recovery rates, reduce unit costs and maintain disciplined capital allocation.
Formed as a publicly traded entity in late 2021, Permian Resources benefits from an executive leadership team with extensive upstream engineering and financial experience. The company adheres to rigorous health, safety and environmental standards, and integrates data-driven decision-making across its drilling and completion programs. Permian Resources continues to pursue selective acreage additions and strategic development opportunities aimed at long-term value creation for shareholders.