Latham & Watkins Represents the Underwriter in Permian Resources Corporation’s Secondary Offering

Permian Resources Corporation (Permian Resources or the Company) (NYSE: PR) announced the pricing of an underwritten public offering of an aggregate 51,765,000 shares of its Class A Common Stock, par value $0.0001 per share, at a price to the public of US$16.47 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments, Riverstone Investment Group LLC, and a certain member of the Company’s Board of Directors. 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 represented the underwriter in the offering with a Texas-based team led by partner John Greer, with associates Michael Pascual, Brian Bruzzo, Carol Bale, and David Lee. Advice was also provided on other corporate matters by Austin partner David Miller and Houston counsel Thomas Verity; on tax matters by Houston partner Jim Cole, with associate Dylan White; and on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Jacqueline Zhang.