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 ($43.8m this quarter). Holder counts are more reliable. Shares outstanding: 803.4m as of 2024-10-31, 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 ≈ $13.63. Options: 26 managers hold calls ($78.8m notional), 17 hold puts ($40.7m).
Trends to Q3 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 |
| Q3 2024 | 506 |
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 |
| Q3 2024 | 317 | 187 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $130.3m | $43.3m | 0.33 |
| Q1 2024 | $146.1m | $45.0m | 0.31 |
| Q2 2024 | $95.7m | $51.0m | 0.53 |
| Q3 2024 | $78.8m | $40.7m | 0.52 |
Biggest buyers
| VANGUARD GROUP INC | Added | +14.4m |
| Nuveen Asset Management, LLC | Added | +7.5m |
| AMERICAN CENTURY COMPANIES INC | Added | +6.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.2m |
| Yaupon Capital Management LP | Added | +2.6m |
| BANK OF AMERICA CORP /DE/ | Added | +2.5m |
| JPMORGAN CHASE & CO | Added | +2.4m |
| MARSHALL WACE, LLP | Added | +2.2m |
| Alyeska Investment Group, L.P. | Added | +2.0m |
| Point72 Asset Management, L.P. | Added | +2.0m |
Biggest sellers
| G.F.W. Energy XI, L.P. | Sold out | -17.5m |
| LORD, ABBETT & CO. LLC | Reduced | -5.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -5.3m |
| Holocene Advisors, LP | Reduced | -2.8m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.8m |
| G.F.W. Energy XII, L.P. | Sold out | -2.6m |
| AMERIPRISE FINANCIAL INC | Reduced | -2.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.2m |
| JANE STREET GROUP, LLC | Reduced | -2.1m |
| HRT FINANCIAL LP | Sold out | -2.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.1m1.1m shares |
| CITADEL ADVISORS LLC | Reduced | $9.8m723.3k shares |
| GOLDMAN SACHS GROUP INC | Added | $7.5m550.0k shares |
| UBS Group AG | Unchanged | $7.1m525.0k shares |
| JANE STREET GROUP, LLC | Added | $6.5m476.2k shares |
| GROUP ONE TRADING LLC | Reduced | $6.5m475.8k shares |
| SIMPLEX TRADING, LLC | Added | $5.6m408.7k shares |
| Walleye Capital LLC | Reduced | $5.0m370.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.9m216.5k shares |
| Walleye Trading LLC | Added | $2.0m143.4k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $13.6m998.6k shares |
| Walleye Capital LLC | Reduced | $6.7m494.1k shares |
| Lido Advisors, LLC | Added | $6.1m447.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.4m399.2k shares |
| GROUP ONE TRADING LLC | Added | $2.0m146.7k shares |
| IMC-Chicago, LLC | Added | $1.7m126.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.7m126.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.0m75.8k shares |
| Cubist Systematic Strategies, LLC | Reduced | $769.0k56.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $345.7k25.4k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 1 | $4.0m | 2 | $134.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-11 | Quinn William J Director · See footnotes | Bought | $794.7k62.4k shares |
| 2024-09-10 | Quinn William J Director · See footnotes | Bought | $3.2m250.0k shares |
| 2024-09-03 | Shannon Robert Regan EVP, Chief Accounting Officer | Sold | $67.2k4.8k shares |
| 2024-09-03 | Bell John Charles EVP, General Counsel | Sold | $67.2k4.8k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 64.8m $882.1m | Added +14.4m |
| BlackRock, Inc. 0.02% of their portfolio | 61.2m $832.3m | First filing |
| RIVERSTONE HOLDINGS LLC 86.14% of their portfolio | 39.2m $533.3m | Unchanged |
| Nuveen Asset Management, LLC 0.09% of their portfolio | 23.5m $319.9m | Added +7.5m |
| STATE STREET CORP 0.01% of their portfolio | 22.0m $299.8m | Added +1.3m |
| Post Oak Energy Holdings, LLC 100.00% of their portfolio | 21.0m $286.5m | Added +1 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 20.4m $277.2m | Added +4.2m |
| EnCap Energy Capital Fund XI, L.P. 36.24% of their portfolio | 19.3m $262.6m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 18.2m $247.0m | Added +1.5m |
| CITADEL ADVISORS LLC 0.21% of their portfolio | 14.5m $197.1m | Added +1.6m |
| Bank of New York Mellon Corp 0.03% of their portfolio | 12.7m $173.1m | Added +673.4k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 11.1m $151.4m | Added +6.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 10.9m $149.0m | Added +1.6m |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.45% of their portfolio | 10.6m $144.7m | Unchanged |
| FMR LLC 0.01% of their portfolio | 10.0m $135.7m | Added +2.0m |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 9.9m $134.5m | Reduced -605.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.20% of their portfolio | 9.8m $134.0m | Added +734.0k |
| Woodline Partners LP 1.00% of their portfolio | 8.7m $118.2m | Added +1.7m |
| OnyxPoint Global Management LP 61.35% of their portfolio | 8.4m $114.3m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 8.2m $111.1m | Reduced -2.8m |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 7.7m $104.2m | Added +178.0k |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 7.6m $104.1m | Added +966.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 7.6m $103.1m | Added +1.9m |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 7.0m $95.5m | Reduced -1.9m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 6.9m $94.2m | Added +2.4m |
| EAGLE ASSET MANAGEMENT INC 0.52% of their portfolio | 6.8m $102.0m | Reduced -640.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 5.9m $80.0m | Added +2.5m |
| LORD, ABBETT & CO. LLC 0.24% of their portfolio | 5.7m $76.9m | Reduced -5.6m |
| Point72 Asset Management, L.P. 0.26% of their portfolio | 5.5m $74.8m | Added +2.0m |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.31% of their portfolio | 5.2m $71.2m | Added +402.5k |
| MORGAN STANLEY 0.01% of their portfolio | 5.2m $71.0m | Added +1.2m |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.31% of their portfolio | 5.1m $69.7m | Added +168.0k |
| Invesco Ltd. 0.01% of their portfolio | 5.1m $69.1m | Reduced -1.7m |
| River Road Asset Management, LLC 0.89% of their portfolio | 5.0m $68.1m | Added +43.9k |
| Merewether Investment Management, LP 2.94% of their portfolio | 4.7m $63.8m | Reduced -1.2m |
| Aventail Capital Group, LP 3.74% of their portfolio | 4.7m $63.6m | Added +215.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.58% of their portfolio | 4.6m $62.1m | Reduced -724.7k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 4.5m $61.5m | Added +1.1m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.3m $58.9m | Reduced -1.9m |
| Sagefield Capital LP 6.26% of their portfolio | 4.2m $57.6m | Added +265.7k |
| Holocene Advisors, LP 0.23% of their portfolio | 4.2m $57.2m | Reduced -2.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.2m $56.7m | Added +457.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 4.0m $54.2m | Added +1.0m |
| SIR Capital Management, L.P. 5.23% of their portfolio | 4.0m $53.8m | Added +1.4m |
| TimesSquare Capital Management, LLC 0.80% of their portfolio | 3.9m $53.6m | Added +791.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.9m $52.5m | Reduced -2.2m |
| Yaupon Capital Management LP 3.42% of their portfolio | 3.7m $51.0m | Added +2.6m |
| Ranger Investment Management, L.P. 3.18% of their portfolio | 3.6m $49.6m | Added +352.9k |
| Alyeska Investment Group, L.P. 0.25% of their portfolio | 3.5m $48.1m | Added +2.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 3.3m $44.7m | Added +274.5k |
| GW&K Investment Management, LLC 0.38% of their portfolio | 3.3m $44.3m | Reduced -180.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.2m $43.8m | Reduced -2.2m |
| MARSHALL WACE, LLP 0.05% of their portfolio | 3.0m $41.4m | Added +2.2m |
| Palo Duro Investment Partners, LP 11.75% of their portfolio | 2.9m $38.9m | Reduced -404.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 2.8m $37.9m | Reduced -1.8m |
| Webs Creek Capital Management LP 12.51% of their portfolio | 2.6m $35.1m | Added +134.1k |
| EnCap Energy Capital Fund VIII, L.P. 19.51% of their portfolio | 2.2m $30.5m | Unchanged |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 2.2m $30.1m | Added +733.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.26% of their portfolio | 2.2m $29.3m | Reduced -1.2m |
| Leeward Investments, LLC - MA 1.36% of their portfolio | 2.2m $29.3m | Reduced -170.0k |
| Man Group plc 0.08% of their portfolio | 2.0m $26.7m | Added +489.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 1.9m $26.2m | Added +74.4k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 1.8m $24.3m | Added +1.2m |
| SEI INVESTMENTS CO 0.03% of their portfolio | 1.8m $24.0m | Added +859.9k |
| KGH Ltd 1.65% of their portfolio | 1.7m $23.3m | Reduced -41.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 1.7m $22.6m | Added +198.4k |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 1.7m $22.9m | Reduced -314.9k |
| COMERICA BANK 0.09% of their portfolio | 1.6m $21.9m | Added +177.2k |
| Hodges Capital Management Inc. 1.39% of their portfolio | 1.6m $21.5m | Added +43.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.4m $19.4m | Added +482.4k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 1.3m $17.9m | Reduced -206.0k |
| Amundi 0.01% of their portfolio | 1.3m $18.2m | Added +693.6k |
| Trexquant Investment LP 0.22% of their portfolio | 1.3m $17.2m | Added +857.2k |
| Squarepoint Ops LLC 0.06% of their portfolio | 1.3m $17.1m | Added +213.4k |
| Distillate Capital Partners LLC 0.82% of their portfolio | 1.2m $16.3m | Added +241.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.2m $16.2m | Reduced -5.3m |
| TIFF ADVISORY SERVICES, LLC 5.37% of their portfolio | 1.2m $16.2m | Unchanged |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 1.2m $15.7m | Reduced -111.3k |
| California Public Employees Retirement System 0.01% of their portfolio | 1.1m $15.0m | Added +32.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.1m $14.8m | Added +398.3k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 1.1m $14.6m | Added +426.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.0m $13.9m | Added +117.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.0m $13.9m | Added +433.3k |
| Swiss National Bank 0.01% of their portfolio | 1.0m $13.8m | Added +86.1k |
| WESTWOOD HOLDINGS GROUP INC 0.06% of their portfolio | 976.9k $13.3m | New |
| Legal & General Group Plc 0.00% of their portfolio | 954.1k $13.0m | Added +150.1k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 928.4k $12.5m | Reduced -208.0k |
| Lido Advisors, LLC 0.09% of their portfolio | 906.5k $12.3m | Added +833.3k |
| COBALT CAPITAL MANAGEMENT, INC. 5.44% of their portfolio | 900.0k $12.2m | Added +175.0k |
| VIKING FUND MANAGEMENT LLC 1.95% of their portfolio | 881.0k $12.0m | Added +193.7k |
| ALGERT GLOBAL LLC 0.32% of their portfolio | 864.9k $11.8m | Added +252.4k |
| MIZUHO MARKETS AMERICAS LLC 0.28% of their portfolio | 826.9k $11.3m | Added +204.4k |
| Ninepoint Partners LP 1.43% of their portfolio | 800.0k $10.9m | Added +200.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 789.7k $10.7m | Added +262.0k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 775.2k $10.6m | Added +21.4k |
| Retirement Systems of Alabama 0.04% of their portfolio | 770.9k $10.5m | Added +137.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 761.7k $10.4m | Added +118.2k |
| Aristotle Capital Boston, LLC 0.34% of their portfolio | 752.6k $10.2m | New |
| Corebridge Financial, Inc. 0.05% of their portfolio | 752.2k $10.2m | Added +100.1k |
| SEVEN GRAND MANAGERS, LLC 2.27% of their portfolio | 750.0k $10.2m | Added +250.0k |