Permian Resources Corporation (PR)

Permian Resources, headquartered in Midland, Texas, is a premier pure-play E&P company focused on the Delaware Basin. Led by co-CEOs James Walter and Will Hickey, the company’s strategy is "The Permian Efficiency Leader"—focusing on high-intensity development and operational excellence to maximize returns on its low-cost inventory. Its core strategy centers on "Aggressive Shareholder Returns" (base plus variable dividends) and strategic consolidation (Earthstone acquisition). Permian Resources’ mission is to be the lowest-cost producer in the basin. The company is currently a primary beneficiary of "Permian Basin Consolidation," utilizing its massive drilling inventory and best-in-class capital efficiency to drive industry-leading production growth and free cash flow generation.