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Permian Resources Announces Redemption of Senior Notes

Story Highlights
  • Permian Resources announced the redemption of its 3.25% Exchangeable Senior Notes due 2028.
  • Noteholders can exchange notes for shares at an increased rate until September 10, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Permian Resources Announces Redemption of Senior Notes

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An update from Permian Resources ( (PR) ) is now available.

On August 28, 2025, Permian Resources Operating, LLC, a subsidiary of Permian Resources Corporation, announced the redemption of its 3.25% Exchangeable Senior Notes due 2028. The redemption process allows noteholders to exchange their notes for shares of the company’s common stock at an increased exchange rate until September 10, 2025, before the notes are repurchased for cash on September 12, 2025. This move is part of the company’s financial strategy to manage its debt obligations and could impact stakeholders by altering the company’s capital structure and potentially affecting stock value.

The most recent analyst rating on (PR) stock is a Buy with a $15.50 price target. To see the full list of analyst forecasts on Permian Resources stock, see the PR Stock Forecast page.

Spark’s Take on PR Stock

According to Spark, TipRanks’ AI Analyst, PR is a Outperform.

Permian Resources shows strong valuation and positive earnings call sentiment, driven by strategic acquisitions and operational excellence. However, challenges in revenue growth and cash flow generation, along with neutral technical indicators, moderate the overall score.

To see Spark’s full report on PR stock, click here.

More about Permian Resources

Average Trading Volume: 11,257,889

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.09B

See more data about PR stock on TipRanks’ Stock Analysis page.

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