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Permian Resources Registers Shares for Exchangeable Notes

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Permian Resources Registers Shares for Exchangeable Notes

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

On March 19, 2021, Permian Resources Operating, LLC issued 3.25% exchangeable senior notes due 2028, which can be exchanged for shares of the company’s Class A Common Stock. These shares have been registered with the SEC, with relevant documentation filed in 2024 and 2025, indicating a strategic financial move to potentially enhance liquidity and shareholder value.

The most recent analyst rating on (PR) stock is a Buy with a $17.00 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

Permian Resources Corporation operates in the energy sector, focusing on the exploration and production of oil and natural gas, primarily in the Permian Basin region.

Average Trading Volume: 11,276,742

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.43B

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

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