Tue. 18 Jun 2024, 5:14pm ET
Benzinga
News
After giving effect to the Member Distribution, the Private Equity Stockholders will own approximately 16% of the Company's total shares outstanding, with no party owning more than 7% and only Pearl holding a Board seat. Permian Resources continues to have industry leading shareholder alignment, with its management team owning approximately 7%1 of total shares outstanding and 100% of the Co-CEO's compensation coming from long-term equity.