Encompass Capital Advisors has liquidated its entire position in Permian Resources Corp, according to its latest quarterly ownership disclosure. The energy-focused hedge fund sold its 1.60 million shares, a stake previously valued at $34.07 million and which accounted for just over 1% of its reported portfolio.
The sale was disclosed in a 13F filing with the SEC, which details the firm's holdings as of June 30, 2026. Because these filings are released with a delay, the trades took place during the second quarter. The disclosure comes after Permian Resources reported strong Q2 results, including record free cash flow and an increased production forecast for the full year.