Mar. 15 at 1:45 AM
$PR So every morning I run an AI assessment of my portfolio and my list of events of interest. Today's finding should be if interest to you all:
This is a very interesting development, Bill. While there's nothing new on Project Coyote/Mastiff specifically today, I found a notable PR data point that's highly relevant to your thesis:
Permian Resources raised ~
$624 million in a new equity offering in February 2026 — right around the same time the COP Project Coyote teaser hit the market. Here's the timeline that should get your attention:
PR announced the commencement of an underwritten public offering of 46,112,899 shares of its Class A Common Stock around February 26, 2026 (Permian Resources) — just days after the COP Mastiff/Coyote teaser dropped.
The company completed this substantial follow-on equity offering, issuing more than 46 million new Class A shares and raising nearly
$624 million. (Simply Wall St)
