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 ($39.0m this quarter). Holder counts are more reliable. Shares outstanding: 802.5m as of 2024-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.15. Options: 28 managers hold calls ($95.7m notional), 20 hold puts ($51.0m).
Trends to Q2 2024
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 |
| Q1 2024 | 433 |
| Q2 2024 | 484 |
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 |
| Q1 2024 | 269 | 171 |
| Q2 2024 | 312 | 168 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $94.8m | $30.8m | 0.33 |
| Q4 2023 | $130.3m | $43.3m | 0.33 |
| Q1 2024 | $146.1m | $45.0m | 0.31 |
| Q2 2024 | $95.7m | $51.0m | 0.53 |
Biggest buyers
| G.F.W. Energy XI, L.P. | New | +17.5m |
| Grantham, Mayo, Van Otterloo & Co. LLC | New | +10.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +10.1m |
| CITADEL ADVISORS LLC | Added | +4.9m |
| Bank of New York Mellon Corp | Added | +4.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +4.2m |
| Merewether Investment Management, LP | Added | +3.5m |
| Point72 Asset Management, L.P. | Added | +3.5m |
| Holocene Advisors, LP | Added | +3.2m |
| G.F.W. Energy XII, L.P. | New | +2.6m |
Biggest sellers
| MORGAN STANLEY | Reduced | -7.2m |
| RIVERSTONE HOLDINGS LLC | Reduced | -5.8m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -3.9m |
| EnCap Energy Capital Fund XI, L.P. | Reduced | -3.5m |
| VANGUARD GROUP INC | Reduced | -3.4m |
| Driehaus Capital Management LLC | Sold out | -3.2m |
| BlackRock Inc. | Reduced | -3.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -2.8m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.9m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.3m1.1m shares |
| CITADEL ADVISORS LLC | Added | $13.5m838.1k shares |
| GROUP ONE TRADING LLC | Reduced | $8.6m533.6k shares |
| UBS Group AG | New | $8.5m525.0k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $8.1m500.0k shares |
| Walleye Capital LLC | Added | $6.3m388.0k shares |
| JANE STREET GROUP, LLC | Reduced | $5.8m358.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.7m292.7k shares |
| WOLVERINE TRADING, LLC | Added | $4.4m273.7k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $2.1m128.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $13.3m824.3k shares |
| Walleye Capital LLC | Added | $8.4m517.6k shares |
| JPMORGAN CHASE & CO | New | $8.1m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.6m286.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.4m210.5k shares |
| Cubist Systematic Strategies, LLC | Added | $3.1m192.4k shares |
| IMC-Chicago, LLC | Added | $1.6m101.0k shares |
| GROUP ONE TRADING LLC | Added | $1.5m92.5k shares |
| JANE STREET GROUP, LLC | Added | $1.4m85.7k shares |
| WOLVERINE TRADING, LLC | Added | $954.5k59.1k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q1 2024 | 0 | — | 7 | $376.2m | $5.7m |
| Q2 2024 | 0 | — | 2 | $371.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-15 | Quinn William J Director · See footnote | Sold | $370.6m22.5m shares |
| 2024-05-15 | EnCap Energy Capital Fund VIII, L.P. +4 10% owner · See Footnotes | Sold | $164.2m10.0m shares |
| 2024-05-15 | Tepper Jeffrey Director | Sold | $1.1m65.0k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 54.3m $877.6m | Reduced -3.0m |
| VANGUARD GROUP INC 0.02% of their portfolio | 50.4m $813.7m | Reduced -3.4m |
| RIVERSTONE HOLDINGS LLC 83.82% of their portfolio | 39.2m $632.9m | Reduced -5.8m |
| Post Oak Energy Holdings, LLC 92.28% of their portfolio | 21.0m $339.9m | Reduced -1 |
| STATE STREET CORP 0.01% of their portfolio | 20.8m $335.3m | Reduced -848.2k |
| EnCap Energy Capital Fund XI, L.P. 100.00% of their portfolio | 19.3m $311.6m | Reduced -3.5m |
| G.F.W. Energy XI, L.P. 100.00% of their portfolio | 17.5m $282.3m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.08% of their portfolio | 16.6m $268.2m | Added +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 16.1m $260.7m | Added +10.1m |
| Nuveen Asset Management, LLC 0.08% of their portfolio | 16.0m $259.1m | Reduced -1.5m |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 12.9m $207.8m | Added +4.9m |
| Bank of New York Mellon Corp 0.04% of their portfolio | 12.0m $194.6m | Added +4.5m |
| LORD, ABBETT & CO. LLC 0.30% of their portfolio | 11.2m $181.5m | Reduced -63.9k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 10.9m $176.8m | Reduced -1.5m |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.58% of their portfolio | 10.6m $171.7m | New |
| MACQUARIE GROUP LTD 0.19% of their portfolio | 10.5m $169.4m | Reduced -922.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.3m $150.3m | Reduced -970.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.25% of their portfolio | 9.1m $147.1m | Added +1.6m |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 9.0m $144.9m | Added +4.2m |
| OnyxPoint Global Management LP 73.73% of their portfolio | 8.4m $135.6m | Added +1 |
| FMR LLC 0.01% of their portfolio | 8.0m $128.5m | Added +116.1k |
| EAGLE ASSET MANAGEMENT INC 0.65% of their portfolio | 7.5m $120.4m | Added +826.4k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 7.5m $120.7m | Added +398.4k |
| Holocene Advisors, LP 0.47% of their portfolio | 7.0m $113.4m | Added +3.2m |
| Woodline Partners LP 1.08% of their portfolio | 7.0m $112.6m | Added +1.1m |
| Invesco Ltd. 0.02% of their portfolio | 6.7m $108.8m | Added +1.5m |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 6.7m $107.9m | Added +2.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 6.5m $105.3m | Added +2.4m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 6.2m $100.7m | Added +496.9k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 6.0m $97.2m | Reduced -740.5k |
| Merewether Investment Management, LP 5.03% of their portfolio | 5.9m $95.3m | Added +3.5m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 5.6m $91.0m | Reduced -3.9m |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 5.4m $87.0m | Added +844.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.85% of their portfolio | 5.3m $85.4m | Reduced -1.1m |
| River Road Asset Management, LLC 1.15% of their portfolio | 5.0m $80.1m | Reduced -1.2m |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.39% of their portfolio | 5.0m $80.0m | Added +409.7k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 4.9m $78.4m | Added +247.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.35% of their portfolio | 4.8m $78.0m | Added +254.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.27% of their portfolio | 4.6m $74.0m | Added +492.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.5m $73.3m | Added +722.8k |
| Aventail Capital Group, LP 5.03% of their portfolio | 4.5m $72.0m | Added +1.5m |
| MORGAN STANLEY 0.01% of their portfolio | 4.0m $65.4m | Reduced -7.2m |
| Sagefield Capital LP 6.76% of their portfolio | 4.0m $64.1m | Added +1.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.7m $59.9m | Reduced -496.9k |
| Point72 Asset Management, L.P. 0.18% of their portfolio | 3.5m $56.1m | Added +3.5m |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 3.4m $55.6m | Added +1.0m |
| GW&K Investment Management, LLC 0.51% of their portfolio | 3.4m $55.5m | Added +2.4m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.4m $54.5m | Added +430.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.50% of their portfolio | 3.4m $54.4m | Reduced -487.6k |
| Ranger Investment Management, L.P. 3.62% of their portfolio | 3.3m $53.2m | Reduced -43.4k |
| Palo Duro Investment Partners, LP 14.53% of their portfolio | 3.3m $52.7m | Added +216.5k |
| TimesSquare Capital Management, LLC 0.80% of their portfolio | 3.1m $50.9m | Added +846.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 3.0m $49.0m | Added +10.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 2.9m $47.6m | Added +49.8k |
| SIR Capital Management, L.P. 4.17% of their portfolio | 2.6m $42.0m | Added +1.1m |
| G.F.W. Energy XII, L.P. 80.77% of their portfolio | 2.6m $41.9m | New |
| Webs Creek Capital Management LP 13.42% of their portfolio | 2.4m $39.5m | Added +503.3k |
| TWO SIGMA INVESTMENTS, LP 0.09% of their portfolio | 2.3m $37.5m | Added +1.8m |
| Leeward Investments, LLC - MA 1.72% of their portfolio | 2.3m $37.5m | Added +46.4k |
| EnCap Energy Capital Fund VIII, L.P. 22.56% of their portfolio | 2.2m $36.2m | Reduced -410.7k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 2.1m $33.9m | Added +315.0k |
| HRT FINANCIAL LP 0.18% of their portfolio | 2.0m $31.9m | New |
| VAN ECK ASSOCIATES CORP 0.05% of their portfolio | 2.0m $31.8m | Added +336.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.69% of their portfolio | 1.9m $30.0m | Added +1.4m |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.8m $29.9m | Reduced -1.9m |
| KGH Ltd 1.74% of their portfolio | 1.8m $28.4m | Unchanged |
| Hodges Capital Management Inc. 1.69% of their portfolio | 1.5m $24.8m | Reduced -64.8k |
| 1832 Asset Management L.P. 0.04% of their portfolio | 1.5m $24.6m | Added +200.6k |
| Alyeska Investment Group, L.P. 0.14% of their portfolio | 1.5m $24.2m | Reduced -499.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.5m $23.9m | Reduced -15.8k |
| Man Group plc 0.06% of their portfolio | 1.5m $23.7m | Added +901.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 1.5m $23.6m | Reduced -31.9k |
| COMERICA BANK 0.10% of their portfolio | 1.4m $23.1m | Added +265.9k |
| ExodusPoint Capital Management, LP 0.25% of their portfolio | 1.4m $22.5m | Added +1.0m |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 1.3m $20.5m | Added +245.9k |
| TIFF ADVISORY SERVICES, LLC 6.61% of their portfolio | 1.2m $19.2m | New |
| Yaupon Capital Management LP 1.66% of their portfolio | 1.2m $18.6m | Added +648.2k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.1m $18.4m | Added +1.1m |
| CITIGROUP INC 0.02% of their portfolio | 1.1m $17.8m | Added +120.3k |
| Waratah Capital Advisors Ltd. 1.07% of their portfolio | 1.1m $17.7m | Added +644.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.1m $17.7m | Added +1.0m |
| California Public Employees Retirement System 0.01% of their portfolio | 1.1m $17.3m | Added +375.6k |
| Squarepoint Ops LLC 0.06% of their portfolio | 1.0m $16.9m | New |
| Distillate Capital Partners LLC 0.82% of their portfolio | 954.4k $15.4m | New |
| Swiss National Bank 0.01% of their portfolio | 924.6k $14.9m | Added +71.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 907.7k $14.7m | Added +556.5k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 902.6k $14.6m | Reduced -79.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 878.4k $14.2m | Added +78.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.10% of their portfolio | 867.4k $14.0m | Reduced -10.0k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 810.9k $13.1m | Reduced -110.4k |
| Legal & General Group Plc 0.00% of their portfolio | 804.0k $13.0m | Reduced -304.9k |
| Bridgewater Associates, LP 0.07% of their portfolio | 797.3k $12.9m | Added +480.1k |
| BARCLAYS PLC 0.01% of their portfolio | 789.9k $12.8m | Reduced -267.9k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 789.0k $12.7m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 773.2k $12.5m | Added +227.1k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 753.8k $12.2m | Added +8.7k |
| COBALT CAPITAL MANAGEMENT, INC. 5.07% of their portfolio | 725.0k $11.7m | Added +225.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 692.5k $11.2m | Added +412.1k |
| VIKING FUND MANAGEMENT LLC 1.99% of their portfolio | 687.3k $11.1m | Added +387.3k |
| Dana Investment Advisors, Inc. 0.36% of their portfolio | 662.4k $10.7m | Reduced -8.8k |