Permian Resources

Permian Resources is an independent oil and natural gas company headquartered in Midland, Texas. The company focuses on the acquisition, optimization, and development of high-return oil and natural gas properties, primarily in the Delaware Basin, which is part of the larger Permian Basin. Permian Resources operates approximately 180,000 net leasehold acres in Reeves and Ward Counties, Texas, and Eddy and Lea Counties, New Mexico. The company is dedicated to creating long-term value for its stakeholders through ethical, inclusive, and environmentally and socially responsible practices. Permian Resources serves a range of clients, including investors and energy consumers, and operates in the highly competitive oil and natural gas market. The business model revolves around acquiring high-potential assets, optimizing their production, and developing them to maximize returns. Revenue is generated through the sale of oil and natural gas extracted from these properties.

Keywords: oil, natural gas, Permian Basin, Delaware Basin, high-return properties, acquisition, optimization, development, ethical practices, stakeholders.