Permian Resources
Permian Resources Corporation is an independent oil and natural gas company focused on the development and exploitation of high-quality oil and liquids-rich assets. The company operates as a holding company with its primary assets consisting of equity interests in its operating subsidiary, through which it conducts exploration and production activities. Its core value proposition centers on maximizing cash flow and shareholder returns through efficient drilling and development within the Permian Basin.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
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Exploration and Production
primaryThe primary business activity focused on the acquisition, development, and production of oil, natural gas liquids (NGLs), and natural gas.
Crude Oil, Natural Gas Liquids (NGLs), Natural Gas
Refiners, Midstream companies, Marketers, Industrial end-users
Segment Financials
Oil and Gas, Purchased — Oil and gas sales
View metricNGL sales — Oil and gas sales
View metricOil sales — Oil and gas sales
View metricBusiness Overview
Competitive Position
A leading pure-play operator in the Permian Basin with a focus on low-cost operations and high-margin liquids production.
Geographies
United States, Permian Basin
Customer Segments
Energy marketers, Refining companies, Midstream operators
Upstream Dependencies
Oilfield service providers, Drilling rig contractors, Proppant and water suppliers, Land and mineral rights owners
Downstream Customers
Petroleum refineries, Natural gas processors, Pipeline operators, Energy trading firms
Competitors & Partners
Competitors
Subsidiaries
Permian Resources Operating, LLC
The primary operating subsidiary (OpCo) through which the company conducts its business and holds its assets.
Permian Resources FAQ
Common questions about Permian Resources
Permian Resources Corporation is an independent oil and natural gas company focused on the development and exploitation of high-quality oil and liquids-rich assets. The company operates as a holding company with its primary assets consisting of equity interests in its operating subsidiary, through which it conducts exploration and production activities. Its core value proposition centers on maximizing cash flow and shareholder returns through efficient drilling and development within the Permian Basin.
Permian Resources (PR) has a market capitalization of $16.2B and trades on NYSE.
Permian Resources generated $5.1B in trailing twelve-month revenue with net income of $649.5M, representing a net margin of 12.8%, with free cash flow of $3.5B. These figures are based on the Q1 2026 filing.
Permian Resources's key competitors include Diamondback Energy, Inc., Matador Resources Company, Occidental Petroleum Corporation, and others. These companies compete in similar markets and product categories.
Permian Resources has approximately 461 employees.