NYSE:PROil and Gas
Permian Resources (PR) Restructuring: Assessing Governance Simplification and What It Means for the Stock’s Valuation
Permian Resources (PR) just kicked off a restructuring that shifts management and long-term holders from Class C to Class A shares under a new holding company, tightening alignment with everyday shareholders.
See our latest analysis for Permian Resources.
That backdrop helps explain why the latest holding company cleanup comes as the share price sits around $13.88, with near term share price momentum soft but long term total shareholder returns still very strong, suggesting sentiment is...