Permian Resources Corporation, per its name, is a $12.6 billion Permian-basin focused E&P company paying a 3.8% dividend. Investors should be aware, PR has two equity classes—Class A and Class C.
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Permian Resources divests midstream assets to Kinetikco-CEO of Permian Resources, in a statement. “The sale of these non-core infrastructure assets will allow us to continue our relentless focus on being the Delaware Basin’s lowest cost operator.” ...
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