The deal priced below last closing price of $13.44. JPMorgan is acting as sole book running manager for the offering.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PR:
- The top E&P and natural gas stocks to own in 2024, according to JPMorgan
- Permian Resources price target lowered to $18 from $20 at Stifel
- Permian Resources initiated with an Overweight at Wells Fargo
- Permian files to sell 334.06M shares of Class A common stock for holders
- Permian Resources reports Q3 adjusted EPS 39c, consensus 38c
