Kevin MacCurdy

Leo Mariani

Neil Mehta

Paul Diamond

Scott Hanold

Gabriel Daoud

John Abbott

John Freeman

Noah Hungness

Zachary Parham

John Annis

Neal Dingmann

Derrick Whitfield

Joshua Silverstein

Oliver Home

Oliver Huang

Oliver Wang

Phillip Jungwirth

Phillips Johnston

Zach Parham

- Permian Resources Operating, LLC entered into the **Tenth Amendment to Third Amended and Restated Credit Agreement** on **October 24, 2025**.  **[1658566_0001658566-25-000084_tenthamendmenttothirdarcre.htm:0]** **[1658566_0001658566-25-000084_pr-20251024.htm:1]** **[1658566_0001658566-25-000084_tenthamendmenttothirdarcre.htm:1]** 
- The amendment **reaffirmed the borrowing base at $4.0 billion**.  **[1658566_0001658566-25-000084_pr-20251024.htm:1]** **[1658566_0001658566-25-000084_tenthamendmenttothirdarcre.htm:4]** 
- The **aggregate elected revolving commitments were reaffirmed at $2.5 billion**.  **[1658566_0001658566-25-000084_pr-20251024.htm:1]** **[1658566_0001658566-25-000084_tenthamendmenttothirdarcre.htm:4]** 
- The Applicable Margin was adjusted, including the addition of a new borrowing base utilization pricing grid and a reduction in interest rates during an investment grade period.  **[1658566_0001658566-25-000084_pr-20251024.htm:1]** **[1658566_0001658566-25-000084_tenthamendmenttothirdarcre.htm:2]**

Permian Resources Corp Amends Credit Agreement

- Permian Resources Corporation announced the pricing of a secondary public offering of **46,112,899 shares** of its Class A Common Stock at **$13.53 per share**.  **[1658566_0001193125-25-204221_d946864dex992.htm:1]** **[1658566_0001193125-25-204221_d946864d8k.htm:2]** 
- The shares are being sold by certain affiliates of Pearl Energy Investments and Riverstone Investment Group LLC (the "Selling Stockholders").  **[1658566_0001193125-25-204221_d946864dex991.htm:1]** **[1658566_0001193125-25-204221_d946864dex992.htm:1]** **[1658566_0001193125-25-204221_d946864d8k.htm:2]** 
- Permian Resources Corporation **will not sell any shares** in this offering and **will not receive any proceeds** from it.  **[1658566_0001193125-25-204221_d946864dex991.htm:1]** **[1658566_0001193125-25-204221_d946864dex992.htm:1]** **[1658566_0001193125-25-204221_d946864d8k.htm:2]** 
- Concurrently, the Company plans to purchase **2,000,000 OpCo Units** from certain Selling Stockholders at the offering price per share, with the offering expected to close on **September 16, 2025**.  **[1658566_0001193125-25-204221_d946864dex991.htm:1]** **[1658566_0001193125-25-204221_d946864dex992.htm:1]** **[1658566_0001193125-25-204221_d946864d8k.htm:2]**

Permian Resources Announces Pricing of Secondary Public Offering

- Permian Resources Corporation filed an 8-K on **September 2, 2025**, concerning its **3.25% exchangeable senior notes due 2028**.  **[1658566_0001193125-25-194029_d85481d8k.htm:0]** **[1658566_0001193125-25-194029_d85481d8k.htm:1]** 
- The company has registered up to **30,586,536 shares** of Class A Common Stock that may be issued upon the exchange of these notes.  **[1658566_0001193125-25-194029_d85481dex51.htm:1]** 
- A legal opinion confirms that these Class A Common Stock shares, when issued upon exchange of the notes, will be **validly issued, fully paid, and nonassessable**.  **[1658566_0001193125-25-194029_d85481dex51.htm:1]**

Permian Resources Files 8-K Regarding Exchangeable Senior Notes and Class A Common Stock Issuance

- Permian Resources Operating, LLC, a subsidiary of Permian Resources Corporation, has issued a redemption notice for its **3.25% Exchangeable Senior Notes due 2028**.  **[1658566_0001193125-25-191221_d83141dex991.htm:0]** **[1658566_0001193125-25-191221_d83141d8k.htm:1]** 
- The redemption date for these notes is set for **September 12, 2025**.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:1]** 
- Notes that are not exchanged will be repurchased for cash at a redemption price of approximately **$1,014.53 per $1,000 principal amount**, which includes principal and accrued unpaid interest.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:1]** 
- For notes exchanged during the Redemption Exchange Period, the exchange rate will be increased to **179.9208 shares of common stock per $1,000 principal amount** due to a "make-whole fundamental change" triggered by the redemption notice.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:2]** 
- The deadline for holders to elect to exchange their notes is **5:00 P.M., New York City time, on September 10, 2025**.  **[1658566_0001193125-25-191221_d83141dex991.htm:2]**

Permian Resources Operating Announces Redemption of Exchangeable Senior Notes

Permian Resources (PR)