Peak Resources LP
PRB
New York Stock Exchange Arca0.00
USD
+0.04
- -
CIK
0001137360
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jack E. Vaughn
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- 1910 Main Avenue Durango CO United States of America 81301
- IPO Date
- Feb 3, 2009
- CIK
- 0001137360
- Similar Companies
- Business
- Peak Resources LP (PRB: NYSE American) is an independent upstream oil and natural gas exploration and production company focused on the Powder River Basin in Wyoming; it employs advanced horizontal drilling and completion technologies to develop its acreage position of approximately 65,000 gross (45,000 net) acres, which includes 1,770 gross (530 net) identified drilling locations; the company operates 104 gross (56 net) producing horizontal wells and holds interests in an additional 83 gross (five net) non-operated wells, with proved reserves of approximately 16,247 Mboe (59% oil, 41% natural gas) as of December 31, 2023. Peak Resources generates revenue from the sale of crude oil, natural gas liquids, and natural gas production; its operations emphasize low-risk development projects to increase production, reserves, and free cash flow while pursuing accretive acquisitions of adjacent properties. Formed in 2011 through entities including Peak Exploration & Production LLC and Peak BLM Lease LLC under common control of Yorktown Partners-managed investment partnerships, the company is headquartered in Durango, Colorado. In a major strategic shift, Peak Resources' assets were acquired by Epsilon Energy Ltd. in 2025 for approximately $86-$105 million in a transaction involving 6 million Epsilon common shares (valued at $6.21 per share), assumption of $49 million in debt, and additional contingent shares including 2.23 million issued to Yorktown Energy Partners XI, LP upon closing of the Peak BLM Lease LLC portion on November 14, 2025; the deal, announced in August 2025 and completed in Q4 2025, integrates Peak's Powder River Basin assets into Epsilon's portfolio across multiple North American basins, boosting Epsilon's reserves by over 150% and liquids production by over 200% while providing a scalable growth platform. Prior to the acquisition, Peak filed for an IPO in September 2024 to raise up to $86 million at a $13-$15 price range but postponed in November 2024 and withdrew in July 2025 citing market conditions. The company targets independent producers, operators, and marketers in the energy sector, with all operations concentrated in the United States.
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