Permian Resources closed at $19.09 on July 7, 2026, as energy stocks led gains despite broader market volatility.
Permian Resources Corporation (PR) ended Q1 2026 at $19.09 per share on July 7, reflecting a rebound in energy stocks. The sector outperformed as oil prices climbed, driven by geopolitical tensions and supply concerns following conflict in Iran.
The broader market saw mixed performance, with mid- and small-cap indices showing resilience while large-cap growth lagged. The Russell Midcap Value Index gained 3.68%, contrasting with declines in the Artisan Mid Cap Value Fund’s classes, which fell between 4.90% and 4.97%.
Volatility increased during the quarter, initially fueled by AI and private credit interest before escalating due to geopolitical risks. The fund continues to target undervalued companies amid market dislocations.