Permian Resources (PR) A close look at the CEO

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dan_s
Posts: 37300
Joined: Fri Apr 23, 2010 8:22 am

Permian Resources (PR) A close look at the CEO

Post by dan_s »

https://www.texasmonthly.com/news-politics/permian-resources-oil-midland-young-ceos/

In this business you are really investing in the management team.
Dan Steffens
Energy Prospectus Group
mrbill
Posts: 128
Joined: Fri May 07, 2010 3:58 pm

Re: Permian Resources (PR) A close look at the CEO

Post by mrbill »

My biggest holding thanks to Dan/EPG. It pays a dividend too. I hope these "whiz kids" take it "up, up, and away" while we enjoy the ride.
ChuckGeb
Posts: 1217
Joined: Thu Nov 21, 2013 2:46 pm

Re: Permian Resources (PR) A close look at the CEO

Post by ChuckGeb »

This company evolved out of Centennial Resources (merged with Colgate to form PR) which was founded by Mark Papa. He was one of the most brilliant in the business at the time. He retired as CEO during COVID. Mark's fundamentals was buy good rock, develop with the best technologies, and stay fiscally conservative, a bit like his predecessor company EOG. Though Mark is gone from the team, it appears the team at PR subscribes to those principles.
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