09:59 AM EDT, 09/15/2025 (MT Newswires) -- Permian Resources ( PR ) said Monday it priced an underwritten public offering of around 46.1 million of its class A common stock held by certain affiliates of Pearl Energy Investments and Riverstone Investment Group at $13.53 per share.
The offering is expected to close Tuesday, the company said.
Permian Resources ( PR ) said it has also agreed to purchase from certain selling shareholders 2 million common units representing limited liability company interests in its subsidiary Permian Resources Operating.
The unit purchase is dependent on the completion of the offering, Permian Resources ( PR ) said.
Shares of Permian Resources ( PR ) were down more than 3% in recent trading Monday.
Price: 13.19, Change: -0.51, Percent Change: -3.72