09:31 AM EDT, 05/13/2024 (MT Newswires) -- Permian Resources ( PR ) said Monday that certain shareholders had launched a public offering of about 51.8 million of its Class A shares.

The company said the sellers include certain affiliates of EnCap Investments, NGP Energy Capital Management, Pearl Energy Investments, Riverstone Investment Group, and a member of Permian's board.

The oil and natural gas company said it is not selling shares and will not receive any proceeds from the shareholder offering.

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