Magnetar Financial Invests $1.29M in Permian Resources

Hedge fund buys 100,623 shares of oil and gas company in Q3

Mar. 13, 2026 at 10:05am

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Magnetar Financial LLC, a Chicago-based hedge fund, bought a new stake in Permian Resources Corporation (NYSE:PR) during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The fund purchased 100,623 shares of the oil and gas company's stock, valued at approximately $1.29 million.

Why it matters

Permian Resources is an independent exploration and production company focused on the Permian Basin, one of the most prolific oil and gas regions in the United States. The investment by Magnetar Financial, a prominent hedge fund, suggests institutional confidence in the company's growth prospects and ability to capitalize on the ongoing energy market recovery.

The details

Magnetar Financial's investment in Permian Resources comes as the company continues to optimize its operations and asset portfolio in the Permian Basin. Permian Resources has been employing advanced drilling and completion techniques, such as horizontal drilling and hydraulic fracturing, to efficiently unlock hydrocarbon reserves and drive consistent production growth.

  • Magnetar Financial LLC made the investment in Permian Resources during the third quarter of 2025.
  • Permian Resources' shares opened at $19.09 on Friday, March 13, 2026.

The players

Magnetar Financial LLC

A Chicago-based hedge fund that manages a diversified portfolio of investments, including in the energy sector.

Permian Resources Corporation

An independent exploration and production company focused on the Permian Basin, one of the most prolific oil and gas regions in the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Magnetar Financial's investment in Permian Resources underscores the institutional confidence in the company's ability to navigate the evolving energy market and capitalize on the ongoing recovery in the Permian Basin, one of the most important oil and gas regions in the United States.