PERMIAN RESOURCES CORP PR
CLASS A COM · Common Stock · CUSIP 71424F105 · ISIN US71424F1057
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersMidland, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($26.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.60. Options: 27 managers hold calls ($130.3m notional), 16 hold puts ($43.3m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 222 |
| Q4 2022 | 242 |
| Q1 2023 | 275 |
| Q2 2023 | 264 |
| Q3 2023 | 330 |
| Q4 2023 | 401 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 131 | 112 |
| Q1 2023 | 170 | 101 |
| Q2 2023 | 153 | 134 |
| Q3 2023 | 216 | 100 |
| Q4 2023 | 284 | 120 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $47.4m | $24.3m | 0.51 |
| Q2 2023 | $61.4m | $19.6m | 0.32 |
| Q3 2023 | $94.8m | $30.8m | 0.33 |
| Q4 2023 | $130.3m | $43.3m | 0.33 |
Biggest buyers
| EnCap Energy Capital Fund XI, L.P. | New | +26.0m |
| VANGUARD GROUP INC | Added | +19.8m |
| BlackRock Inc. | Added | +16.4m |
| Post Oak Energy Holdings, LLC | Added | +16.1m |
| CITADEL ADVISORS LLC | Added | +12.9m |
| OnyxPoint Global Management LP | New | +8.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +6.5m |
| MORGAN STANLEY | Added | +5.8m |
| AMERICAN CENTURY COMPANIES INC | Added | +4.8m |
| STATE STREET CORP | Added | +4.6m |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -5.7m |
| RIVERSTONE HOLDINGS LLC | Reduced | -5.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -3.2m |
| JENNISON ASSOCIATES LLC | Reduced | -2.3m |
| JANE STREET GROUP, LLC | Reduced | -2.1m |
| TWO SIGMA ADVISERS, LP | Reduced | -1.3m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.3m |
| TUDOR INVESTMENT CORP ET AL | Sold out | -1.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.0m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -808.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $29.6m2.2m shares |
| Twin Tree Management, LP | New | $19.8m1.5m shares |
| GROUP ONE TRADING LLC | Reduced | $18.2m1.3m shares |
| CITADEL ADVISORS LLC | Reduced | $13.1m962.2k shares |
| GOLDMAN SACHS GROUP INC | Added | $10.9m800.0k shares |
| JANE STREET GROUP, LLC | Added | $8.8m645.9k shares |
| SIMPLEX TRADING, LLC | Added | $7.6m556.0k shares |
| Concentric Capital Strategies, LP | New | $3.0m224.0k shares |
| D. E. Shaw & Co., Inc. | Added | $3.0m222.1k shares |
| WOLVERINE TRADING, LLC | Added | $3.0m217.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.6m1.4m shares |
| CITADEL ADVISORS LLC | Added | $8.9m652.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.5m255.9k shares |
| GROUP ONE TRADING LLC | Added | $3.5m255.6k shares |
| Cubist Systematic Strategies, LLC | Added | $2.2m158.6k shares |
| JANE STREET GROUP, LLC | Added | $1.5m112.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $988.7k72.7k shares |
| Twin Tree Management, LP | New | $820.1k60.3k shares |
| TWO SIGMA SECURITIES, LLC | Added | $743.9k54.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $742.6k54.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), EnCap Partners GP, LLC (2.1%, 2026-03-05)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 3 | $128.6m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $752.5k | — |
| Q4 2022 | 0 | — | 2 | $2.3m | — |
| Q1 2023 | 0 | — | 4 | $153.7m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 3 | $10.9m | — |
| Q4 2023 | 0 | — | 3 | $78.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-21 | NGP XI US Holdings, L.P. +2 10% owner | Sold | $339.8m26.3m shares |
| 2023-12-21 | EnCap Energy Capital Fund VIII, L.P. +4 10% owner · See Footnotes | Sold | $97.1m7.5m shares |
| 2023-12-21 | RIVERSTONE HOLDINGS LLC +8 Director · See footnotes | Sold | $72.8m5.6m shares |
| 2023-12-21 | LEUSCHEN DAVID M +9 Director · See footnotes | Sold | $72.8m5.6m shares |
| 2023-12-21 | Silver Run Sponsor, LLC +1 10% owner · See footnotes | Sold | $72.8m5.6m shares |
| 2023-12-14 | Anderson Robert John Director | Sold | $5.4m400.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| RIVERSTONE HOLDINGS LLC 58.24% of their portfolio | 49.8m $677.6m | Reduced -5.4m |
| VANGUARD GROUP INC 0.01% of their portfolio | 48.3m $657.1m | Added +19.8m |
| BlackRock Inc. 0.02% of their portfolio | 48.2m $656.2m | Added +16.4m |
| EnCap Energy Capital Fund XI, L.P. 70.23% of their portfolio | 26.0m $353.7m | New |
| Post Oak Energy Holdings, LLC 77.35% of their portfolio | 21.0m $286.3m | Added +16.1m |
| STATE STREET CORP 0.01% of their portfolio | 19.2m $261.0m | Added +4.6m |
| Nuveen Asset Management, LLC 0.08% of their portfolio | 18.8m $255.1m | Reduced -464.5k |
| CITADEL ADVISORS LLC 0.19% of their portfolio | 13.9m $188.7m | Added +12.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 13.2m $179.0m | Added +6.5m |
| MACQUARIE GROUP LTD 0.19% of their portfolio | 12.2m $165.7m | Added +3.2m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 10.7m $145.5m | Added +1.5m |
| Woodline Partners LP 1.50% of their portfolio | 10.1m $137.8m | Added +1.6m |
| LORD, ABBETT & CO. LLC 0.24% of their portfolio | 9.7m $132.5m | Added +242.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.7m $118.2m | Added +3.0m |
| MORGAN STANLEY 0.01% of their portfolio | 8.5m $115.6m | Added +5.8m |
| OnyxPoint Global Management LP 75.84% of their portfolio | 8.4m $114.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 7.7m $105.1m | Reduced -5.7m |
| River Road Asset Management, LLC 1.44% of their portfolio | 7.6m $103.4m | Reduced -47.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.92% of their portfolio | 6.7m $90.8m | Reduced -808.3k |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 6.3m $85.0m | Added +4.8m |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 6.1m $82.6m | Added +4.0m |
| Aventail Capital Group, LP 6.89% of their portfolio | 6.0m $81.4m | Reduced -101.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 5.6m $76.3m | Added +1.9m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 5.4m $73.9m | Reduced -3.2m |
| Invesco Ltd. 0.02% of their portfolio | 5.3m $72.3m | Reduced -309.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.38% of their portfolio | 4.7m $64.5m | Added +823.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 4.7m $64.0m | Added +1.2m |
| FMR LLC 0.00% of their portfolio | 4.3m $58.7m | Added +4.1m |
| Ranger Investment Management, L.P. 3.54% of their portfolio | 4.3m $58.3m | Added +556.1k |
| Sagefield Capital LP 7.55% of their portfolio | 4.3m $58.3m | Added +920.5k |
| Palo Duro Investment Partners, LP 18.83% of their portfolio | 4.3m $57.9m | Added +292.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.26% of their portfolio | 4.0m $54.7m | Added +2.3m |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 3.7m $50.2m | Added +1.7m |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 3.7m $50.2m | Reduced -1.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $50.1m | Added +1.1m |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 3.6m $49.5m | Added +869.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 3.6m $49.4m | Reduced -774.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 3.5m $47.9m | Reduced -1.0m |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 3.4m $45.8m | New |
| Holocene Advisors, LP 0.18% of their portfolio | 3.3m $45.5m | New |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 3.3m $45.3m | New |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 3.2m $43.6m | Reduced -2.3m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 3.1m $42.7m | Added +102.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.43% of their portfolio | 3.1m $42.6m | Added +210.9k |
| Merewether Investment Management, LP 2.44% of their portfolio | 3.0m $41.3m | Added +437.6k |
| EnCap Energy Capital Fund VIII, L.P. 26.00% of their portfolio | 3.0m $41.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.8m $37.7m | Added +1.8m |
| Leeward Investments, LLC - MA 1.47% of their portfolio | 2.3m $31.4m | Added +120.0k |
| Webs Creek Capital Management LP 13.79% of their portfolio | 2.2m $30.0m | Reduced -55.0k |
| Hodges Capital Management Inc. 1.55% of their portfolio | 2.1m $28.5m | Added +1.4m |
| Yaupon Capital Management LP 2.95% of their portfolio | 2.0m $27.2m | Reduced -38.9k |
| SIR Capital Management, L.P. 2.50% of their portfolio | 1.8m $24.4m | Added +1.0m |
| KGH Ltd 1.37% of their portfolio | 1.8m $23.9m | Added +205.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.7m $23.5m | Added +554.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $22.4m | Added +456.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.6m $22.1m | Added +55.7k |
| Ghisallo Capital Management LLC 2.25% of their portfolio | 1.6m $21.8m | Added +600.0k |
| BARCLAYS PLC 0.01% of their portfolio | 1.5m $20.9m | Added +784.8k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 1.5m $19.8m | Added +688.4k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 1.4m $18.7m | Added +98.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 1.3m $17.4m | Added +360.0k |
| Ninepoint Partners LP 2.29% of their portfolio | 1.2m $16.3m | Added +200.0k |
| COMERICA BANK 0.07% of their portfolio | 1.2m $15.9m | Added +224.9k |
| GW&K Investment Management, LLC 0.14% of their portfolio | 1.1m $15.0m | New |
| SEI INVESTMENTS CO 0.02% of their portfolio | 1.1m $14.9m | Added +585.5k |
| HITE Hedge Asset Management LLC 1.54% of their portfolio | 1.1m $14.7m | Added +805.2k |
| Legal & General Group Plc 0.00% of their portfolio | 1.1m $14.4m | Added +658.7k |
| Tributary Capital Management, LLC 1.19% of their portfolio | 1.0m $14.2m | Reduced -503.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.0m $14.2m | Added +907.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 983.8k $13.4m | Reduced -1.6k |
| CITIGROUP INC 0.02% of their portfolio | 958.7k $13.0m | Reduced -766.8k |
| Mesirow Institutional Investment Management, Inc. 1.20% of their portfolio | 944.4k $12.8m | Reduced -49.1k |
| SEVEN GRAND MANAGERS, LLC 12.01% of their portfolio | 925.0k $12.6m | Added +901.1k |
| 1832 Asset Management L.P. 0.02% of their portfolio | 898.6k $12.2m | Added +6.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.08% of their portfolio | 881.1k $12.0m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 877.8k $11.9m | Added +425.2k |
| Waratah Capital Advisors Ltd. 0.65% of their portfolio | 837.3k $11.4m | Added +262.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 752.3k $10.2m | Added +225.7k |
| COBALT CAPITAL MANAGEMENT, INC. 3.53% of their portfolio | 745.0k $10.1m | Added +545.0k |
| Smith, Graham & Co., Investment Advisors, LP 1.15% of their portfolio | 735.9k $10.0m | New |
| Swiss National Bank 0.01% of their portfolio | 724.3k $9.9m | Added +171.6k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 707.9k $9.6m | Added +58.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 702.8k $9.6m | Added +160.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 673.1k $9.2m | New |
| Phocas Financial Corp. 1.20% of their portfolio | 666.7k $9.1m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 664.8k $9.0m | Added +212.6k |
| Silver Point Capital L.P. 0.80% of their portfolio | 659.3k $9.0m | Reduced -444.7k |
| MIZUHO MARKETS AMERICAS LLC 0.26% of their portfolio | 637.0k $8.7m | Added +34.9k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 634.1k $8.6m | Added +131.1k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 630.1k $8.6m | Added +493.6k |
| Amundi 0.00% of their portfolio | 579.3k $7.7m | Added +476 |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 544.9k $7.4m | Added +29.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 535.4k $7.3m | Added +468.1k |
| Zweig-DiMenna Associates LLC 0.83% of their portfolio | 531.4k $7.2m | Added +30.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 520.4k $7.1m | Reduced -2.1m |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 491.9k $6.7m | Added +207.8k |
| FIRST MANHATTAN CO. LLC. 0.02% of their portfolio | 488.2k $6.6m | Reduced -2.5k |
| Weiss Multi-Strategy Advisers LLC 0.17% of their portfolio | 486.1k $6.6m | Reduced -118.9k |
| GREAT LAKES ADVISORS, LLC 0.06% of their portfolio | 485.4k $6.6m | New |
| VAN DEN BERG MANAGEMENT I, INC 2.14% of their portfolio | 473.4k $6.4m | Added +462.1k |