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Security Profile
- Security Type
- Common Stock
- CUSIP
- 71424F105 (prev. 15136A102 )
- Market Cap
- Small Cap
- Previous Symbol
- CDEV (changed 9/12/2022)
- Previous Name
- Centennial Resource Development, Inc.
Business: Permian Resources Corp. is an independent oil and natural gas company focused on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company is focused on enhancing its high-quality scaled asset base, executing a capital-efficient development program, maintaining a conservative balance sheet and financial policy, and maximizing returns to shareholders through a disciplined investment approach.
Notes: Oct. 11, 2016 -- Silver Run Acquisition Corporation (NASDAQ: SRAQ, SRAQU, SRAQW) today announced that it completed its acquisition of an 89% controlling interest in Centennial Resource Production, LLC ("CRP"), an independent oil and natural gas company with properties located in the core of the Southern Delaware Basin, from funds controlled by, and affiliates of, NGP Energy Capital Management, LLC (together, "NGP"). The transaction was approved by the boards of directors of both companies and was approved at a special meeting of Silver Run's stockholders on October 7, 2016. In connection with the transaction, Silver Run has been renamed Centennial Resource Development, Inc., and its common stock and warrants will be traded on NASDAQ under the symbols CDEV and CDEVW, respectively, beginning on October 12, 2016.
Company Contact
- CEO
- James Walter
- CFO
- George S. Glyphis
- Officer
- Will Hickey
- Headquarters
- 300 N. Marienfeld St., Suite 1000, Midland, TX 79701
- Phone
- 432-695-4222
- Investor Relations
- Hays Mabry · 832-240-3265 · ir@permianres.com