Permian Resources Corporation
Permian Resources Announces Redemption of 3.25% Senior Notes Due 2028
Summary
On August 28, 2025, Permian Resources Operating, LLC announced the redemption of all its outstanding 3.25% Exchangeable Senior Notes due 2028. The redemption is set for September 12, 2025, with a redemption price of approximately $1,014.53 per $1,000 principal amount of notes. Notes can be exchanged for common stock at an exchange rate of 179.9208 shares per $1,000 principal amount before the redemption date.
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About Permian Resources Corporation
Permian Resources Corporation is an energy company focused on the exploration, development, and production of oil and natural gas. Operating primarily in the prolific Permian Basin, a region known for its abundant energy reserves and efficient extraction capabilities, the company plays a significant role in the U.S. energy sector. Permian Resources Corporation employs advanced drilling and completion techniques to maximize output and ensure sustainable resource management. The company's operations significantly contribute to the supply chain of oil and gas, impacting industries ranging from transportation to manufacturing. By implementing innovative technologies and maintaining a keen focus on environmental stewardship, the company strives to optimize its production while adhering to regulatory standards. In the financial market, Permian Resources Corporation is a key player in the oil and gas industry, providing investors with exposure to the energy market's fluctuations. The company’s strategic focus on operational efficiency and its position within one of the nation's most critical oil fields underscore its importance in meeting domestic energy demands and shaping energy policy discussions.
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