Permian Resources Corporation is an independent oil and natural gas exploration and production company headquartered in Midland, Texas. The company focuses on developing crude oil and liquids-rich natural gas reserves concentrated in the Delaware Basin, a sub-basin of the Permian Basin spanning West Texas and Southeast New Mexico. Permian Resources operates large, contiguous acreage blocks in Reeves County, Texas, and Lea County, New Mexico, emphasizing high-return drilling inventory and operational efficiency through its concentrated footprint. The company pursues responsible acquisition, optimization, and development of oil and natural gas assets while managing costs and maximizing shareholder returns. Permian Resources generates revenue through the exploration, extraction, and sale of crude oil, natural gas liquids, and natural gas to energy markets. The company also engages in capital allocation activities including base cash dividends, share repurchase programs, debt management, and strategic acquisitions to expand its core operational position within the Permian Basin.