Permian Resources is a leading independent oil and natural gas company focused on generating outsized returns to our stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. Headquartered in Midland, Texas, Permian Resources is the second largest pure-play E&P company in the Permian Basin. We leverage our technical expertise and operational flexibility to optimally develop and add to our portfolio of high-return, long-life inventory, enabling us to deliver leading shareholder returns. The Company is focused on enhancing its high-quality scaled asset base, executing a capital-efficient development program, maintaining a conservative balance sheet and financial policy, and maximizing returns to shareholders through a disciplined investment approach.
To deliver leading shareholder returns by leveraging our high-quality asset base and technical expertise to sustainably and responsibly develop our oil and natural gas resources to meet the world’s need for affordable, abundant energy.
To be the leading independent pure-play oil and gas operator in the Delaware Basin; respected by industry peers for our commitment to operational excellence, trusted by shareholders for our track record of operational execution, disciplined capital allocation and focus on cash-on-cash returns; and admired by all stakeholders for our commitment to our employees, partners, communities, and the environment.
We are driven by a desire to create value for all our stakeholders, and maximize returns for our shareholders. We have a strong track record of success operating in the Permian Basin, which provides us with the expertise needed to meet the world’s demand for affordable, abundant energy while minimizing our impact on the environment.
We work closely with stakeholders inside and outside our organization to develop relationships based on mutual respect and a shared vision for success. We take ownership of our roles and seek to create transparency and understanding as we act in the best interests of our team members, partners, and key stakeholders.
Operating responsibly and minimizing our environmental impact are principal components of our business. We recognize that sustainable development of our natural resources is critical to our success.
Innovation & Excellence
We are a team of passionate individuals who take pride in our work, conduct our business ethically and honestly and constantly look for ways to innovate and excel.
As a company headquartered in Midland and engaged in the areas in which we live and work, we actively pursue opportunities to reinvest in the growth and prosperity of our local communities as a company and as individuals.
Health & Safety
We take the health and well-being of our stakeholders seriously. We work to maintain safe operating environments and implement policies and procedures that support our commitment to protecting our employees and partners.