Permian Resources (PR): A Top Small-Cap Investment in Jim Simons’ RenTech Portfolio

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Permian Resources Corporation (NYSE:PR) has been highlighted as one of the top small-cap stock picks by billionaire Jim Simons’ Renaissance Technologies, boasting significant upside potential. With a market capitalization of approximately $9.7 billion and a 43.93% upside potential, Permian Resources specializes in oil and natural gas production. The company reported strong operational performance and aims to increase production in 2025 while maintaining capital efficiency. Despite a recent revision in price targets by Bank of America, it remains a notable choice among small-cap stocks.

Source: YAHOO

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