Artisan Mid Cap Value Fund highlighted Permian Resources Corporation as a top contributor in its first-quarter 2026 investor letter, benefiting from higher energy prices. The fund added Permian Resources to the portfolio in Q1 2025, citing the company's focus on the Delaware Basin, its shareholder-oriented management, and its strategy of returning capital through dividends while pursuing best-in-class operations. Permian Resources shares gained 34.91% over the past 52 weeks, closing at $19.09 on July 7, 2026, with a market capitalization of $15.98 billion. The fund's Investor Class returned negative 4.93% in the quarter, underperforming the Russell Midcap Value Index's 3.68% gain amid market volatility and sector rotation.
Permian Resources CorporationHighlighted as top contributor in fund letter, benefiting from higher energy prices and shareholder-oriented strategy.
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