Permian Resources Sees Increased Institutional Investment

Grantham Mayo Van Otterloo & Co. LLC boosts stake in oil and gas company

Mar. 8, 2026 at 9:35am

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Grantham Mayo Van Otterloo & Co. LLC, a major institutional investor, has increased its stake in Permian Resources Corporation (NYSE:PR) by 24.7% in the third quarter, according to a recent 13F filing. The firm now owns 13,263,570 shares, or 1.66% of the company's stock, worth approximately $169.8 million.

Why it matters

This investment increase by a prominent institutional investor like Grantham Mayo Van Otterloo & Co. LLC signals growing confidence in Permian Resources' operations and future prospects within the Permian Basin, one of the most prolific oil and gas producing regions in the United States.

The details

Permian Resources is an independent exploration and production company focused on acquiring, developing and optimizing oil and natural gas assets in the Permian Basin of West Texas and southeastern New Mexico. The company utilizes horizontal drilling and hydraulic fracturing technologies to efficiently extract hydrocarbon reserves.

  • Grantham Mayo Van Otterloo & Co. LLC increased its stake in Permian Resources by 24.7% in the third quarter of 2026.

The players

Grantham Mayo Van Otterloo & Co. LLC

A major institutional investment management firm that has increased its stake in Permian Resources Corporation.

Permian Resources Corporation

An independent exploration and production company focused on the Permian Basin region.

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The takeaway

This investment increase by a prominent institutional investor underscores the growing confidence in Permian Resources' ability to capitalize on opportunities within the prolific Permian Basin oil and gas play.