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17.03.26 - 18:00
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Permian Resources Achieves Investment Grade Credit Ratings (Business Wire)
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MIDLAND, Texas--(BUSINESS WIRE)--Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced that it is now rated investment grade by both S&P Global Ratings (“S&P”) and Fitch Ratings (“Fitch”), following today's upgrade from S&P and the Company's initial investment grade rating from Fitch in July 2025.
On March 17, 2026, S&P upgraded Permian Resources' corporate and issuer credit ratings to BBB- from BB+ with a stable outlook. This follows the Company's initial investment grade credit rating from Fitch, which upgraded the Company to BBB- with a stable outlook in July 2025. With investment grade ratings from both S&P and Fitch, Permian Resources expects reduced interest expense and improved liquidity, among other benefits.
“We appreciate Fitch and S&P's acknowledgment of the strength of our business and our balance sheet,” said James Walter, Co-CEO of Permian Resources. “Over the past ten years, we have run our business with an investment grad...
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