Permian Resources Corporation, commonly referred to as Permian Resources, is a prominent player in the oil and gas industry, headquartered in the United States. Established in 2017, the company has rapidly expanded its operations across key regions in the Permian Basin, a vital area for hydrocarbon production. Specialising in the exploration and production of oil and natural gas, Permian Resources distinguishes itself through its innovative extraction techniques and commitment to sustainability. The company has achieved significant milestones, positioning itself as a leader in the sector with a focus on maximising resource recovery while minimising environmental impact. With a robust portfolio of assets and a strategic approach to development, Permian Resources continues to solidify its market position, contributing to the energy landscape with efficiency and responsibility.
How does Permian Resources's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Permian Resources's score of 13 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Permian Resources reported total carbon emissions of approximately 2,150,671,000 kg CO2e, comprising about 2,150,671,000 kg CO2e from Scope 1 and about 141,611,000 kg CO2e from Scope 2, resulting in a combined total of approximately 2,292,282,000 kg CO2e for both scopes. This marks a significant increase from 2022, where emissions were approximately 1,043,968,000 kg CO2e (914,309,000 kg CO2e from Scope 1 and 110,659,000 kg CO2e from Scope 2). Permian Resources has set ambitious climate commitments, including a target to achieve a greenhouse gas (GHG) intensity of 13.7 mT CO2e/MBOE by 2022, representing a 34% reduction from their 2020 baseline. Additionally, the company is committed to eliminating routine flaring by 2030, aligning with the World Bank initiative. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Their efforts reflect a growing trend in the industry towards enhanced sustainability and reduced carbon footprints.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 772,063,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 39,838,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Permian Resources has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
