PR NYSE
Credit Risk of going bust: lower than 75% of companies Debt: 12.7% of company value Bonds: $255.2M held by 250 funds, 151 bp over Treasuries → details ▾
If the stock fell to about $0.26 (down 99%), Permian Resources Corporation would be worth roughly what it owes.
Total debt $3.13B against a stock market value of $21.58B.
Distance to default 8.62 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $1.50B (short-term plus half of long-term), stock volatility 33.7%; Altman Z'' 2.65. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Midland, TX 79701
US
Permian Resources Corporation operates as an independent producer in the oil and natural gas sector, primarily concentrating its efforts on the extraction of crude oil and associated liquids-rich natural gas reserves within the United States. Its core operational footprint is situated within the Delaware Basin, which is a major sub-basin of the broader Permian Basin. The company's landholdings are predominantly located across Reeves County in West Texas and Lea County, New Mexico. As of December 31, 2021, Permian Resources reported approximately 73,675 net acres under lease or acquisition, along with 991 net mineral acres, all within the Delaware Basin. The company was formerly known as Centennial Resource Development, Inc., officially changing its name to Permian Resources Corporation in September 2022. Incorporated in 2015, its corporate headquarters are located in Midland, Texas.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Oliphint Guy M | S-Sale | 5,103 | $23.75 | 2026-09-03 |
| Shannon Robert Regan | S-Sale | 5,104 | $23.75 | 2026-09-03 |
| Bell John Charles | S-Sale | 5,492 | $23.75 | 2026-09-03 |
| Oliphint Guy M | A-Award | 24,306 | — | 2026-09-01 |
| Shannon Robert Regan | A-Award | 24,306 | — | 2026-09-01 |