Permian Resources
Oil and GasTexas, United States201-500 Employees
Permian Resources is an independent oil and natural gas company based in Midland, Texas, focused on acquiring, optimizing, and developing high-return properties to drive sustainable returns. Its operations are centered in the Permian Basin, with assets concentrated in the core of the Delaware Basin. The company was created on September 1, 2022, through the merger of Centennial Resource Development and Colgate Energy. The headquarters address is 300 North Marienfeld Street Suite 1000, Midland, Texas 79701, and the company employs 201 to 500 people. In December 2024, Permian Resources sold its natural gas and crude oil gathering infrastructure, primarily located in Reeves County, Texas, to Kinetik for $180 million in cash.