07:23 AM EDT, 09/15/2025 (MT Newswires) -- Permian Resources ( PR ) said Monday that affiliates of Pearl Energy Investments and Riverstone Investment Group plan to sell 46.1 million shares of its class A common stock in an underwritten public offering.

The company said it will not sell any of shares nor receive any proceeds from the sale.

Permian Resources ( PR ) said it intends to buy 2 million units of Permian Resources Operating from selling stockholders at the offering price and cancel a corresponding number of the company's class C common shares. The unit purchase is conditional upon the completion of the offering.

Shares of Permian Resources ( PR ) were down 1.8% in premarket activity.