Permian Resources, based in Midland, Texas, focuses on oil and natural gas exploration, holding 407,000 net acres in the Delaware Basin and operating over 2,577 productive wells. The company, which went public in March 2016, employs 461 people.
William J Quinn bought 250,000 shares of PR on 4 March at $12.34 per share, worth a total of $3.1M. They now own 1,062,429 PR shares, or a 31% holding increase.
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