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Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving sustainable returns through the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s operations are focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin. Permian Resources was created as a result of the merger of Centennial Resource Development and Colgate Energy on September 1, 2022.
Investor insights
Funding rounds participated in
$1B sweet spot round size
Investor type
Public Company
Basic info
Industry
Oil and Gas
Sectors
Oil and Gas
Date founded
2022
Funding rounds raised
Total raised
$1B
from investors over 1 rounds
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Permian Resources raised $1B on August 29, 2024