The oil patch is riding high these days, and Permian Resources (NYSE: PR) is right in the middle of it.
The Midland, Texas-based company recently turned in a blowout earnings report and has continued its rapid-fire acquisition campaign. The stock is up 62% this year, and analys

Permian Resources Rally Faces a Test

Permian Resources raises its 2026 oil target as higher working interest and spending put capital efficiency and execution in focus.

PR Raises 2026 Oil Guidance as Capital Spending Also Moves Higher

PR's Q2 earnings beat estimates as stronger oil and NGL price realizations boost sales and earnings, while 2026 oil guidance rises.

Permian Resources Beats Q2 Earnings on Strong Price Realizations

Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks in Reeves County in West Texas and Lea County in New Mexico. The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022. The company was incorporated in 2015 and is headquartered in Midland, Texas.

Permian Resources Corporation News