2024-05-08 18:50:29 ET
Summary
- Permian Resources Corporation will acquire subpar holdings at a considerable discount and then merge those acquisitions to obtain larger, contiguous, and more profitable acreage.
- The company's management is detail-oriented and driven to provide top-notch results throughout the business cycle.
- Permian Resources recently merged with Earthstone Energy. That makes previous quarterly comparisons difficult and probably irrelevant.
- The program of acquiring subpar holdings adds value that is a significant addition to earnings reported.
- This management shows no sign of slowing down Permian Resources' growth.
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Permian Resources: A Growth Company With A Lot Of Growth Left