NYSE: PR
Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · Independent E&P
Permian Resources
Permian Resources is a leading independent E&P company focused on the Delaware Basin of the Permian Basin, with strong ties to Houston's energy community.
Permian Resources Corporation (formerly Centennial Resource Development) is one of the largest pure-play Delaware Basin operators in the Permian Basin. The company rebranded from Centennial and significantly expanded through its 2023 acquisition of Earthstone Energy. While headquartered in Midland, Permian Resources has deep connections to Houston's energy and financial community.
Headquarters
Midland, TX (Houston presence)
Founded
2020 (as Centennial Resource Development)
Employees
600+
Revenue
$3.5 billion (2023)
CEO
Will Hickey & James Walter (Co-CEOs)
Website
permianres.comThe company traces its roots to Centennial Resource Development, which was formed in 2020. It rebranded as Permian Resources in 2023 and completed the acquisition of Earthstone Energy, doubling its scale and creating a leading Delaware Basin operator with significant Midland Basin and Eagle Ford assets.
Permian Resources operates approximately 400,000 net acres across the Delaware Basin, Midland Basin, and Eagle Ford Shale. The combined company produces approximately 300,000 barrels of oil equivalent per day, making it one of the largest independent producers in the Permian Basin.
Midland, TX (Houston presence)
Amplify Energy
Independent E&P · Houston, TX
Callon Petroleum
Independent E&P · Houston, TX
Centennial Resource Development
Permian Basin E&P · Houston, TX
Comstock Resources
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ConocoPhillips
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Coterra Energy
Independent E&P · Houston, TX
Earthstone Energy was a Houston-area E&P company focused on the Permian Basin and Eagle Ford before its acquisition by Permian Resources in 2023.
Diamondback Energy is a fast-growing independent E&P company focused on the Permian Basin with a significant presence in the Houston energy community.
EOG Resources is one of the largest independent E&P companies in the US, known for its technical innovation and premium drilling locations, headquartered in Houston.
Devon Energy is a leading independent E&P company with significant Houston-area operations and major Permian Basin assets.
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