Permian Resources

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

To create value through the responsible development of high quality unconventional resources.

Permian Resources aims to become the premier unconventional resource company in the US through the balanced and responsible development of high quality Permian Basin assets.

Permian Resources has received numerous awards for its commitment to minimizing the environmental footprint of its operations and for its innovative approach to production optimization.