M&A - Permian Resources Corp

Form Type: 10-Q

Filing Date: 2025-05-08

Corporate Action: Acquisition

Type: Update

Accession Number: 000165856625000041

Filing Summary: Permian Resources Corporation filed its Form 10-Q for the quarterly period ending March 31, 2025. The financial statements reflect ongoing operations, including acquisitions made during the period. The report also noted subsequent events involving a bolt-on acquisition on May 6, 2025, indicating strategic growth efforts. The consolidated balance sheets and income statements show asset management and revenue generation in the oil and gas sector. Additionally, there were updates on compelled debt resolutions, stock compensation, and future cash flow projections. Risk factors, commitments, and contingencies were also outlined, focusing on market position and financial stability.

Form Type: 10-K

Filing Date: 2025-02-26

Corporate Action: Merger

Type: Update

Accession Number: 000165856625000014

Filing Summary: Permian Resources Corp filed a 10-K on February 26, 2025, outlining significant developments in its operations and financial status following the merger with Earthstone. The report highlights crucial financial metrics including assets, liabilities, and revenue figures, reflecting the impact of the merger on their balance sheet. It discusses operational synergies anticipated from the merger, including cost reductions and increased production capabilities. Additionally, it notes changes in corporate governance arising from the merger and outlines strategic priorities for the upcoming fiscal year, such as expansion plans and capital allocation strategies. The company addresses risks associated with market volatility and regulatory changes that could affect its operations and financial performance for stakeholders.