Latham & Watkins Advises on Permian Resources’ Secondary Public Offering of Class A Common Stock

Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) has announced its underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value US$0.0001 per share (Class A common stock), at a price to the public of US$15.76 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management. Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom.

Latham & Watkins LLP represents the underwriter in the offering with a corporate deal team led by Houston partner John Greer, with associates Michael Pascual, Brian Bruzzo, Carol Bale, David Lee, and Mary Kline. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Dylan White; on environmental matters by Houston/Los Angeles partner Josh Marnitz, with associate Jacqueline Zhang.