Permian Resources Stake Reduced by Investment Firm

Schroder Investment Management Group sells over 550,000 shares of Permian Resources Corporation

Mar. 12, 2026 at 10:09am

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Schroder Investment Management Group, an institutional investor, decreased its holdings in shares of Permian Resources Corporation (NYSE:PR) by 16.2% during the third quarter, according to a recent SEC filing. The firm sold 554,675 shares, leaving it with 2,874,573 shares worth $37.5 million as of the end of the quarter.

Why it matters

Permian Resources is an independent oil and gas exploration and production company focused on the Permian Basin in West Texas and southeastern New Mexico. The reduction in Schroder's stake could signal a shift in investor sentiment or portfolio strategy, which could impact the company's stock price and operations.

The details

Schroder Investment Management Group sold 554,675 shares of Permian Resources, reducing its total stake in the company to 2,874,573 shares worth $37.5 million. This represented a 16.2% decrease in Schroder's holdings during the third quarter.

  • Schroder Investment Management Group filed the Form 13F disclosing the stake reduction in the third quarter of 2026.

The players

Schroder Investment Management Group

An institutional investor that manages assets on behalf of clients globally.

Permian Resources Corporation

An independent exploration and production company focused on the Permian Basin in West Texas and southeastern New Mexico.

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The takeaway

The reduction in Schroder's stake in Permian Resources could signal a shift in investor sentiment or portfolio strategy for the oil and gas company, which could impact its stock price and operations going forward.