HIGHBuilt-inGeographic
Permian Basin
“10-K Item 1A: 'Our producing properties are concentrated in the Permian Basin, making us vulnerable to risks associated with operating in a single geographic area.'”
PR · Concentration risk · 10-K extracted
Permian Resources (PR) concentration risks
Updated
The most significant concentration Permian Resources discloses is Permian Basin, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Permian Resources’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH2
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHOutside partyCustomer
small number of significant purchasers
“10-K Item 1A: 'We depend on a small number of significant purchasers for the sale of most of our oil, natural gas and NGL production.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile combines a high-share geographic risk with a high-share customer dependency, and the two interact in a way that limits diversification options. Producing properties are concentrated in the Permian Basin, making the company vulnerable to risks associated with operating in a single geographic area — a high-share structural exposure reflecting where the resource base sits. There is no operational hedge against a regional event that could affect the Permian Basin specifically, whether related to infrastructure access, state regulation, water management, or basin-wide competitive dynamics. On the customer side, the company depends on a small number of significant purchasers for the sale of most of its oil, natural gas, and NGL production — a high-share dependency-character exposure. In oil and gas, buyer concentration is partly inherent to midstream infrastructure constraints and regional marketing arrangements, but it means that a deterioration in the commercial relationship with, or financial health of, one of those few purchasers could disrupt the company's ability to sell production without delay. Together the geographic and customer exposures reinforce rather than offset each other: all production comes from one basin and flows to a small set of buyers, creating a concentration profile that is pinpointed along both dimensions. Neither exposure is particularly unusual for a Permian-focused independent producer, but the combination limits the company's ability to buffer against basin-specific or buyer-specific shocks.
For the engine’s reasoning on PR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Oil & Gas E&P
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BKV | BKV Corporation | 4 | 0 | 0 | 4 |
| CHRD | Chord Energy Corporation | 2 | 1 | 0 | 3 |
| PR● | Permian Resources Corporation | 2 | 0 | 0 | 2 |
| BSM | Black Stone Minerals, L.P. | 1 | 1 | 1 | 3 |
| APA | APA Corporation | 0 | 0 | 0 | 0 |
| AR | Antero Resources Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.