NYSEEnergyOil & Gas Exploration & ProductionS&P MidCap 400
$21.75
+0.41 (+1.92%)
Close of Nov 06, 2026 · end-of-day data
PR 8-K filings in 2025
Every material Form 8-K Permian Resources filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Permian Resources Corporation agreed on December 22, 2025 to reorganize under a new Delaware holding company, PRC NewCo Inc, which will replace the current company as the NYSE-listed public parent and keep the ticker PR. Class A shares convert one-for-one, and certain Class C holders, including Co-CEOs James Walter and Will Hickey, will exchange their OpCo units for new Class A shares, with the company stating that its ticker, trading and total share count will remain the same.
The company expects to complete the reorganization in the first quarter of 2026, under Section 251(g) of Delaware law, which does not require a shareholder vote.
New PR is expected to issue 48,916,754 Class A shares to Contributing Members immediately after the effective time, in a private placement exempt from Securities Act registration.
OpCo entered into an Eleventh Amendment to its credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, which the company says makes technical changes to permit the reorganization.
The company said its Board and Audit Committee unanimously approved the reorganization, and that it anticipates eliminating its Up-C structure by year-end 2027.
Third-quarter oil and gas sales rose to $1.32 billion from $1.22 billion a year earlier, but net income attributable to Class A shareholders fell to $59.2 million, or $0.08 per diluted share, from $386.4 million, or $0.53. The filing also shows a $264.3 million loss on extinguishment of debt, compared with $5.1 million a year earlier. The company raised its midpoint 2025 production guidance and said no other guidance ranges changed.
Oil and gas sales were $1.32 billion for the quarter ended September 30, 2025, versus $1.22 billion a year earlier.
Net income attributable to Class A Common Stock was $59.2 million ($0.08 diluted), versus $386.4 million ($0.53) in the third quarter of 2024.
Loss on extinguishment of debt was $264.3 million, versus $5.1 million a year earlier.
Midpoint 2025 guidance raised to 181.5 MBbls/d for oil and 394.0 MBoe/d for total production; fourth quarter base dividend declared at $0.15 per share, payable December 31, 2025.
Permian Resources' operating subsidiary signed a Tenth Amendment to its credit agreement with JPMorgan Chase Bank as administrative agent, dated October 24, 2025. The amendment reaffirmed the $4.0 billion borrowing base and $2.5 billion of elected revolving commitments, and added new interest pricing terms tied to investment grade ratings. The filing describes the changes as adjustments to pricing rather than changes to the size of the facility.
Borrowing base reaffirmed at $4.0 billion under the amended agreement
Aggregate elected revolving commitments reaffirmed at $2.5 billion
New borrowing base utilization pricing grid applies when Fitch rating is BBB- or better
Interest rates may be reduced during an investment grade period, subject to certain conditions
Permian Resources reported second-quarter 2025 results on August 6, 2025. Oil and gas sales were $1.2 billion and diluted EPS was $0.28, both lower than a year earlier, while average production rose to 385,118 Boe/d from 338,761 Boe/d. The company raised its 2025 production guidance midpoint to 385.0 MBoe/d, and shareholders should weigh higher output against lower sales and earnings.
Diluted EPS was $0.28 versus $0.36 a year earlier; net income attributable to Class A Common Stock was $207.1 million versus $235.1 million.
Oil and gas sales were $1.2 billion ($1,197.6 million) versus $1.2 billion ($1,246.1 million) in the second quarter of 2024.
Average production was 385,118 Boe/d versus 338,761 Boe/d; 2025 production guidance midpoint was raised to 385.0 MBoe/d.
Board declared a $0.15 per share base dividend payable September 30, 2025; the company repurchased $43 million of stock at $10.52 per share.
Permian Resources reported first-quarter 2025 results showing higher oil and gas sales and net income attributable to Class A shares than a year earlier, and lowered the midpoint of its 2025 capital budget by $50 million. The company also agreed to buy APA Corporation's Northern Delaware Basin assets for $608 million, which is not included in its revised standalone guidance.
Oil and gas sales were $1.38 billion for Q1 2025, up from $1.24 billion a year earlier; net income attributable to Class A Common Stock was $329 million, up from $147 million, and diluted EPS was $0.44 versus $0.25.
Cash capital expenditure guidance was narrowed to $1.9 billion to $2.0 billion from $1.9 billion to $2.1 billion, while oil and total production guidance ranges were maintained.
The APA acquisition covers about 13,320 net acres and is expected to add about 12,000 Boe/d in the second half of 2025; it is expected to close by the end of the second quarter of 2025.
The board declared a $0.15 per share second quarter base dividend, and the company repurchased 4.1 million shares for $43 million in April at a weighted average price of $10.52.
Permian Resources' operating subsidiary entered into a Ninth Amendment to its credit agreement on April 30, 2025, with JPMorgan Chase Bank as administrative agent. The amendment reaffirmed the $4.0 billion borrowing base and $2.5 billion in aggregate elected commitments, and extended a permitted pari term loan debt basket to April 24, 2026. The filing describes routine maintenance of existing bank financing rather than new borrowing.
Ninth Amendment to the Third Amended and Restated Credit Agreement dated April 30, 2025
Borrowing base reaffirmed at $4.0 billion
Aggregate elected commitments reaffirmed at $2.5 billion
Permitted Pari Term Loan Debt basket extended to April 24, 2026
Permian Resources reported fourth quarter 2024 oil and gas sales of $1.3 billion, up from $1.1 billion a year earlier, while Class A diluted earnings per share fell to $0.29 from $0.51. For full year 2024, sales reached $5.0 billion and diluted EPS was $1.45, compared with $1.24 in 2023. The company also issued 2025 guidance calling for production of 360,000 to 380,000 Boe/d and a capital budget of $1.9 billion to $2.1 billion.
Q4 2024 net income attributable to Class A common stock was $216.7 million, versus $255.4 million in Q4 2023
Full year 2024 oil and gas sales were $5.0 billion, versus $3.1 billion in 2023
2025 guidance: 360,000 to 380,000 Boe/d production and $1.9 billion to $2.1 billion cash capex
Quarterly base dividend declared at $0.15 per share, payable March 31, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Permian Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →