Moody’s changes Permian Resources’ outlook to positive, affirms Ba1 rating By Investing.com
Update: 2025-11-03
Description
Permian Resources, an oil and gas company, receives a positive outlook from Moody's due to its steady profits and cautious financial strategy. The company plans to generate solid free cash flow and reduce debt by 2026, thanks to its valuable land in the Delaware basin and commitment to financial health. This cautious approach sets Permian apart from other energy companies and could give it an edge in the unpredictable oil market.
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