Permian Resources Corporation shares rise 1.09% premarket after Tamboran Resources Corporation announced board and executive changes.

Permian Resources Corporation rose 1.09% in premarket trading, following Tamboran Resources Corporation's announcement of significant board and executive changes. The company's Managing Director, Joel Riddle, stepped down, and new appointments were made, including Dick Stoneburner as the new Chairman. The company remains committed to completing its drilling program and stimulating a 10,000-foot lateral during the second half of 2025, which may have positively influenced investor sentiment.