Permian Resources announces strategic acquisitions and acreage swaps in Delaware Basin

Permian Resources announces strategic acquisitions and acreage swaps in Delaware Basin

Permian Resources Corporation (NYSE: PR) has announced a series of significant portfolio optimization transactions, marking a new era in its strategic growth. These transactions include two bolt-on acquisitions, a substantial acreage swap, the divestiture of non-core assets, and additional grassroots acquisitions, all set to reshape the company’s future in the oil and natural gas sector. […]

Permian Resources announces $4.5bn acquisition of Earthstone Energy

Permian Resources announces $4.5bn acquisition of Earthstone Energy

In a strategic move set to reshape the energy landscape, Permian Resources Corporation (NYSE: PR) announced an all-stock transaction to acquire Earthstone Energy, Inc. (NYSE: ESTE). Valued at an eye-popping $4.5 billion, inclusive of Earthstone Energy’s net debt, the deal is anticipated to fortify Permian Resources’ stronghold in the Delaware Basin. The merger implies a […]