Permian Resources Declares Quarterly Cash Dividend

Rhea-AI Summary

Permian Resources (NYSE: PR) has announced a quarterly base cash dividend of $0.15 per share of Class A common stock, equivalent to $0.60 per share annually. The dividend will be paid on November 22, 2024 to shareholders recorded as of November 14, 2024.

Positive

• Quarterly dividend payment of $0.15 per share demonstrates commitment to shareholder returns
• Annualized dividend yield of $0.60 per share indicates stable cash flow distribution

Negative

• None.

MIDLAND, Texas--(BUSINESS WIRE)-- Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that its Board of Directors (the “Board”) declared a quarterly base cash dividend of $0.15 per share of Class A common stock, or $0.60 per share on an annualized basis. The base dividend is payable on November 22, 2024 to shareholders of record as of November 14, 2024.

About Permian Resources

Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s assets and operations are concentrated in the core of the Delaware Basin, making it the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241106986860/en/

Hays Mabry – Vice President, Investor Relations

(432) 315-0114

ir@permianres.com

Source: Permian Resources Corporation

FAQ

What is Permian Resources' (PR) quarterly dividend amount for November 2024?

Permian Resources (PR) declared a quarterly base cash dividend of $0.15 per share of Class A common stock for November 2024.

When is Permian Resources' (PR) November 2024 dividend payment date?

Permian Resources' dividend will be paid on November 22, 2024, to shareholders of record as of November 14, 2024.

What is Permian Resources' (PR) annualized dividend rate for 2024?

Permian Resources' annualized dividend rate is $0.60 per share, based on the quarterly dividend of $0.15 per share.

What is the record date for Permian Resources' (PR) November 2024 dividend?

The record date for Permian Resources' November 2024 dividend is November 14, 2024.