Permian Resources Corporation outperformed peers as energy exposure boosted the Small Cap Value Fund’s 3.85% quarterly return.
Permian Resources Corporation (PR) closed at $19.59 on June 8, 2026, reflecting a 39.63% gain over the past 52 weeks despite a one-month decline of 2.88%. The company’s $16.4 billion market capitalization underscored its role in driving performance for the American Century Investments Small Cap Value Fund in Q1 2026.
The fund returned 3.85% for the quarter, trailing the Russell 2000 Value Index’s 4.96% gain but benefiting from energy sector exposure. Industrial and materials sectors lagged, while energy holdings like Permian Resources contributed to relative outperformance amid broader market volatility tied to AI disruption fears and geopolitical tensions.
Permian Resources’ inclusion among the fund’s top holdings highlighted its appeal as an undervalued small-cap company with earnings potential in a recovering energy market.