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Last Updated: 2026
Permian Resources image

Permian Resources

Rank#1181
Market Cap19.90B
CountryUnited States
Summary
History
Mission
Vision
References
Summaryarrow
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.
Historyarrow

Permian Resources, Inc. was formed in April 2016 by Stonepeak Infrastructure Partners, a private equity firm, to acquire gathering and processing assets and production related minerals in the Permian Basin.

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

https://en.wikipedia.org/wiki/Pioneer_Natural_Resources

https://in.investing.com/equities/silver-run-acquisition-corp

https://finance.yahoo.com/quote/PR/profile?p=PR

https://www.crunchbase.com/organization/permian-resources-llc

https://sec.report/CIK/0001658566

https://companiesmarketcap.com/

https://www.permianres.com

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Leadership team
M
Mr. Matthew R. Garrison (Exec. VP & COO)
M
Mr. Brent P. Jensen (Sr. VP & Chief Accounting Officer)
M
Mr. George S. Glyphis (Exec. VP & Chief Financial Officer)
Products / Services
Energy, Renewable Energy
Number of Employees
100 - 500
Address
Houston, Texas, United States
Established
2014-01-01
Company Registration
SEC CIK number: 0001658566
Net Income
S_500M_1B
Revenue
$1B+
Traded as
PR
Website
https://www.permianres.com
Last Updated: 2026
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