On March 6, a recent SEC filing unveiled that Guy Oliphint, EVP at Permian Resources (NYSE:PR) made an insider sell.
What Happened: Oliphint’s decision to sell 4,150 shares of Permian Resources was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the sale is $58,062.
Permian Resources‘s shares are actively trading at $12.49, experiencing a up of 0.48% during Thursday’s morning session.
All You Need to Know About Permian Resources
Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets. The Company’s assets and operations are concentrated in the core of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico.
Permian Resources: Delving into Financials
Positive Revenue Trend: Examining Permian Resources’s financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.44% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the …
