FMP
PrimeEnergy Resources Corporation
PNRG
NASDAQ
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.
212.79 USD
-0.58 (-0.273%)
Zacks Investment Research
Aug 16, 2024
A significant y/y rise in oil sales, reflecting higher production volumes and improved pricing, aid PrimeEnergy's (PNRG) earnings in Q2.
Zacks Investment Research
Jun 19, 2024
Discover why Zacks rates PrimeEnergy (PNRG) as "Neutral," being the first on Wall Street to initiate the coverage of the stock. Explore how PNRG's ambitious expansion and impressive production growth have positioned it as a significant oil and gas contender despite liquidity and operational risks.
Seeking Alpha
Apr 1, 2023
Twenty-one micro-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, YOY Revenue Growth, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. I would advise only those investors with a high risk tolerance to consider micro-cap energy producers.
InvestorPlace
Dec 15, 2022
While oil stocks represented one of the strongest segments of the market earlier this year due to a combustible combination of skyrocketing inflation and Russia's invasion of Ukraine, the present circumstance presents a somewhat ambiguous environment. With the Federal Reserve committed to attacking escalating prices, hydrocarbons (and other commodities) may face pricing pressure.
InvestorPlace
Dec 12, 2022
With the end of the year fast approaching, investors that don't mind speculating a bit might want to consider cheap small-cap stocks to buy. Primarily, the volatility this year facilitated significant discounts in compelling market ideas.
Business Wire
Aug 23, 2021
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today the following unaudited results for the periods ended June 30, 2021 and 2020: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Revenues................................ $ 13,663,000 $ 7,278,000 $ 28,635,000 $ 33,386,000 Net Loss ................................. $ (2,403,000 ) $ (6,266,000 ) $ (3,858,000 ) $ (6,436,000 ) Earnings per Common
Business Wire
May 17, 2021
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Corporation (NASDAQ: PNRG) announced today the following unaudited results for the quarters ended March 31, 2021 and 2020: Three Months Ended March 31, 2021 2020 Revenues (In 000's) $ 14,792 $ 26,108 Net Loss (In 000's) $ (1,455 ) $ (170 ) Earnings per Common Share: Basic $ (0.73 ) $ (0.09 ) Diluted $ (0.73 ) $ (0.09 ) Shares Used in Calculation of: Basic EPS 1,994,197 1,995,174 Diluted EPS 1,994,197 1,995,174 Total assets at
Business Wire
Apr 23, 2021
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (Nasdaq: PNRG), announces that on April 19, 2021, PrimeEnergy Resources Corporation (the "Company") received a determination letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule Listing Rule 5810(b), as a result of the Company's failure to timely file its Form 10-K for the fiscal year ended December 31, 2020. Under Nasdaq's Rule
Business Wire
Apr 23, 2021
HOUSTON--(BUSINESS WIRE)--Oil and gas production and the average prices received (excluding gains and losses from derivatives) for the years ended December 31, 2020 and 2019, were as follows: 2020 2019 Increase/ Decrease Increase/ Decrease Barrels of Oil Produced 733,000 1,242,000 (509,000 ) (41.00 )% Average Price Received $ 38.02 $ 55.04 $ (17.02 ) (30.90 )% Oil Revenue (In 000's) $ 27,865 $ 68,366 $ (40,501 ) (59.20 )% Mcf of Gas Sold 3,381,00
Business Wire
Nov 25, 2020
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today the following unaudited results for the periods ended September 30, 2020 and 2019: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Revenues $ 11,792,000 $ 28,182,000 $ 45,178,000 $ 84,135,000 Net Income $ 6,501,000 $ 2,512,000 $ 65,000 $ 5,249,000 Earnings per Common Share: Basic $ 3.26 $ 1.25 $ 0.03 $ 2.61 Shares Used in Calculation of: B