Permian Resources: Why It Remains One Of The Biggest Bets In The Oil & Gas (Update)

  • Permian completed a deal valued at approximately $608 million, which represents an increase of 13,320 net acres and 8,700 net royalty acres in New Mexico. Permian maintains a fossil fuel development presence in the Delaware Basin, with a total of 450,000 net working acres in its portfolio, equivalent to 370 MBOE/d of production. The company shows an EBITDA margin of over 75% and a RoCE of 14.30%.