Permian Resources Completes Liquidation of Lynden Energy Corp. by Making Application to Cease to be a Reporting Issuer in Canada [Yahoo! Finance]
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Permian Resources Corporation (PR)
Company Research
Source: Yahoo! Finance
connection with its post-merger integration of Earthstone Energy Inc. (Earthstone) and its subsidiaries, it has completed the liquidation of Lynden Energy Corp. (Lynden), a corporation organized under the laws of British Columbia, and as a result it has applied to the British Columbia Securities Commission (BCSC), as principal regulator, and the Ontario Securities Commission (OSC) for a joint order (the Order Sought) to cease to be a reporting issuer in British Columbia, Alberta and Ontario—the provinces of Canada in which it is a reporting issuer. Lynden was a Canadian subsidiary of Earthstone, and Permian Resources is completing the liquidation to simplify its corporate structure and reduce go forward tax obligations, as contemplated at the time of the Earthstone acquisition. This liquidation is administrative in nature and has no impact on the Company's previously announced financial and operational results and guidance. If the Order Sought is granted by the BCSC and the OSC, Per
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- Permian Resources Extends Registration Rights Agreement with its Private Equity Stockholders and Announces Further Reduction in its Sponsor OwnershipBusiness Wire
- Permian Resources Co. (NASDAQ: PR) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $21.00 price target on the stock, up previously from $20.00.MarketBeat
PR
Earnings
- 5/7/24 - Beat
PR
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form SC
- 6/18/24 - Form 8-K
- PR's page on the SEC website