PrimeEnergy Resources Corporation - Common Stock (PNRG)
151.70
-1.36 (-0.89%)
NASDAQ · Last Trade: Jun 29th, 12:49 PM EDT
Detailed Quote
Previous Close
153.06
Open
153.89
Bid
60.55
Ask
154.00
Day's Range
148.80 - 153.89
52 Week Range
104.62 - 243.49
Volume
140,917
Market Cap
299.61M
PE Ratio (TTM)
7.119
EPS (TTM)
21.3
Dividend & Yield
N/A (N/A)
1 Month Average Volume
150,864
Chart
About PrimeEnergy Resources Corporation - Common Stock (PNRG)
Primeenergy Corp is a dynamic energy company that focuses on the exploration, production, and development of oil and natural gas resources. The company is engaged in identifying and managing energy assets, leveraging innovative technologies to enhance extraction processes, and producing hydrocarbons to meet the growing energy demands of various markets. Through strategic initiatives and partnerships, Primeenergy Corp aims to optimize its operations and sustainability efforts, positioning itself as a key player in the energy sector while contributing to responsible resource development. Read More
HOUSTON, June 27, 2025 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ: PNRG, today announced that it has appointed Withum Smith+Brown, PC (“Withum”) as the Company’s independent registered public accounting firm, effective June 27, 2025.
HOUSTON, May 19, 2025 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ: PNRG) today announced first quarter 2025 results, with continued growth in oil and gas production supporting a 16.4% increase in revenue year-over-year. While earnings per share declined compared to Q1 2024, the Company highlighted significant shareholder returns and operational momentum.
Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corp., American Express Co., and Wells Fargo & Co., as well as two micro-cap stocks Elite Pharmaceuticals, Inc. and PrimeEnergy Resources Corp..
In column "2022" of table "Six Months Ended June 30" of release dated August, 14, 2023, the figure for "Barrels of Oil Produced" should read 508,000 (instead of 165,000) and the figure for "Average Price Received" should read $102.64 (instead of $104).
PrimeEnergy Resources Corporation (NASDAQ: PNRG) ("PrimeEnergy" or "Company") announced today that the Company was added to the broad-market Russell 2000 Index at the conclusion of the 2023 Russell Indexes annual reconstitution, effective at the US market opening on June 26, 2023.
At the Annual Meeting of the Board of Directors which was held on June 7, 2023, the five (5) Directors, as nominated in the Proxy Statement dated April 28, 2023, were elected. The five directors, consisting of Charles E. Drimal, Jr., Beverly A. Cummings, H. Gifford Fong, Thomas Gimbel, and Clint Hurt will hold office until the next annual meeting of stockholders, and until their successors are elected.
PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today net income of $1.4 million, on a fully diluted basis, this represents $0.53 per share for the quarter ended March 31, 2023. As of March 31, 2023, the borrowing base was $60 million and as of May 19, 2023, the Company has no outstanding borrowings under the Credit Facility.
Contrary to 2021, when equity markets were in a bull run, 2022 has served as a not-so-gentle reminder that the stock market does not give free gifts. The macro attitude that is pushing the markets lower has been influenced by worries about a recession, geopolitical tensions, the energy crisis, and record inflation.
PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today net income of $11.1 million, $5.62 per share, for the quarter ended March 31, 2022. During the period cash flow from operations and the sale of properties totaled $23.3 million and excess cash has been used to reduce bank debt. Currently the Company has no borrowings outstanding on its credit facility with $50 million of availability. The borrowing base redetermination is scheduled for June 2022 and the Company expects the availability to increase 50% to approximately $75 million.
