Permian Resources (PR) announced that it is now rated investment grade by both S&P Global Ratings and Fitch Ratings following today’s upgrade from S&P and the company’s initial investment grade rating from Fitch in July 2025. On March 17, 2026, S&P upgraded Permian Resources’ corporate and issuer credit ratings to BBB- from BB+ with a stable outlook. This follows the company’s initial investment grade credit rating from Fitch, which upgraded the company to BBB- with a stable outlook in July 2025. With investment grade ratings from both S&P and Fitch, Permian Resources expects reduced interest expense and improved liquidity, among other benefits. “We appreciate Fitch and S&P’s acknowledgment of the strength of our business and our balance sheet,” said James Walter, Co-CEO of Permian Resources.
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