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Permian Resources Corporation, an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States.

Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks in Reeves County, West Texas and Lea County, New Mexico.

The company was formerly known as Centennial Resource Development, Inc. and changed its name to Permian Resources Corporation in September 2022.

Permian Resources Corporation was incorporated in 2015 and is headquartered in Midland, Texas.

Latest News >
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Royal Philips Plans to Repurchase Up to $136.8 Million in Shares
Aug 5, 2024
07:10 AM EDT, 08/05/2024 (MT Newswires) -- Royal Philips (PHG) said Monday it will repurchase up to 125 million euros ($136.8 million) in common shares to cover a portion of its obligations under long-term incentive plans. The company estimates the buyback to include about 4.8 million shares based on its current share price. Price: 27.67, Change: -0.81, Percent Change: -2.84...
Honeywell Automation India's Q1 profit jumps on order execution
Honeywell Automation India's Q1 profit jumps on order execution
Aug 5, 2024
BENGALURU (Reuters) - Engineering firm Honeywell Automation reported higher first-quarter profit on Monday, aided by execution of existing orders. The Indian unit of U.S.-based Honeywell International reported a profit of 1.37 billion rupees (around $16 million), compared to 1.03 billion rupees a year ago. Execution of legacy projects and stable costs helped boost earnings of Honeywell, analysts said. The company...
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend
Aug 5, 2024
07:11 AM EDT, 08/05/2024 (MT Newswires) -- Sonic Automotive ( SAH ) reported Q2 adjusted earnings Monday of $1.47 per diluted share, down from $1.83 a year earlier. Analysts polled by Capital IQ expected $1.38. Revenue for the quarter ended June 30 was $3.45 billion, down from $ 3.65 billion a year earlier. Analysts surveyed by Capital IQ expected $3.56...
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles
Aug 5, 2024
07:09 AM EDT, 08/05/2024 (MT Newswires) -- The US Commerce Department is planning to propose banning Chinese software in American self-driving vehicles with Level 3 automation and above, Reuters reported Sunday, citing people briefed on the matter. The Biden administration is also expected to propose prohibiting Chinese-developed advanced wireless communications abilities modules from driving on US roads, the report said....
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