- Permian Resources Corporation, headquartered in Midland, Texas, is an independent oil and natural gas company focused on high-return properties in the Permian Basin, achieving a total average production of 401.5 MBoe/d in Q4 2025.
- In the last 12 months, the company successfully added approximately 7,700 net acres and 1,300 net royalty acres through 140 transactions for $240 million, while also reducing drilling and completion costs by 14% to ~$700 per lateral foot.
- Permian Resources has a strong operational presence in the Permian Basin, catering primarily to the energy sector, with a reported cash provided by operating activities of $904 million in Q4 2025, indicating robust demand for their production capabilities.
- Sales teams should focus on Permian Resources as their ideal buyers are energy companies seeking reliable crude oil and natural gas sources, particularly given the company's commitment to improved capital efficiency and increased dividends in their 2026 plans.
Permian Resources employs a diverse workforce across 14 departments, with Operations being the largest at 80 employees, followed by Information Technology with 18 and Finance with 16. This distribution indicates a strong operational focus, essential for mining and crude-oil production activities. The presence of specialized departments such as Legal and Human Resources further supports the company's operational needs, while a significant 'Other' category, comprising 76 employees, suggests additional functional roles that contribute to overall business efficiency.
The company's workforce is geographically distributed across 21 locations, with Midland, TX, housing the largest concentration of 71 employees, followed by Denver, CO, with 18 and Houston, TX, with 11. The presence of a substantial 'Other' category, accounting for 109 employees, indicates a broad geographic reach and potential remote work arrangements. This distribution reflects a strategic approach to location, balancing operational hubs with a wider network to support various business functions.