Energy-focused hedge fund SIR Capital Management boosted its position in Permian Resources Corp. during the second quarter of 2026, according to a recent SEC filing. The firm increased its holdings by nearly 50%, bringing its total investment to 3.29 million shares valued at approximately $60.55 million as of June 30. This regulatory disclosure reflects trades made in the prior quarter and was filed on August 14.
The move came during a period of strong performance for Permian Resources, which reported robust second-quarter results, updated its full-year guidance, and completed several bolt-on acquisitions in the Delaware Basin. [1, 3, 7] The company's filings showed a significant increase in free cash flow and a strengthened balance sheet. [6] SIR Capital's increased investment raised its portfolio weight in the oil and gas producer to nearly 7%.