Stock events for PrimeEnergy Resources Corp. (PNRG)
In the past six months, PrimeEnergy's stock experienced mixed Q2 2025 financial results, with revenue and net income declining year-over-year, though it maintained strong liquidity and continued share repurchases. Forbes recognized PrimeEnergy as a top company in the Oil & Gas Operations category. The stock experienced an approximate 30% gain, driven by strong Q3 2025 financial results, a debt-free balance sheet, an ongoing share repurchase program, and improved analyst sentiment. A delayed 10-Q filing was announced. Analyst sentiment improved, with Wall Street Zen upgrading the stock to a "hold" rating, and Freedom Capital initiating coverage with a "hold" rating. The company's robust balance sheet and financial flexibility were highlighted as attractive factors despite a pessimistic industry outlook. The Kaskela Law Firm announced an investigation into PrimeEnergy Resources Corporation. Major shareholder Rothschild Robert De engaged in several stock sales, and the stock dropped approximately 6.0% mid-day on February 2, 2026.
Demand Seasonality affecting PrimeEnergy Resources Corp.’s stock price
Information directly detailing the demand seasonality for PrimeEnergy Resources Corp.'s products and services is not explicitly available.
Overview of PrimeEnergy Resources Corp.’s business
PrimeEnergy Resources Corp. is an independent oil and natural gas company focused on the acquisition, development, and production of oil and natural gas properties in the United States. The company operates in the Energy sector, specifically in the Oil & Gas Production and Exploration & Production industry, and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services. Its major products include crude oil, natural gas, and natural gas liquids (NGLs).
PNRG’s Geographic footprint
PrimeEnergy Resources Corp. primarily operates across the United States, with a significant presence in Oklahoma and Texas. The company operates approximately 507 to 534 active wells and holds non-operating interests and royalties in an additional 952 to 1054 wells.
PNRG Corporate Image Assessment
PrimeEnergy Resources Corp. received positive recognition, being named a top company in Forbes' America's Most Successful Small-Cap Companies 2025, and ranking in the Houston Chronicle's Chronicle 100 list. However, there were reports of insufficient new directors and a delayed 10-Q filing. The Kaskela Law Firm announced an investigation into PrimeEnergy Resources Corporation. The company's stock also underperformed the US Oil and Gas industry and the broader US Market over the past year, and its profit margins were lower than the previous year. Analyst consensus currently rates the stock as a "Hold".
Ownership
PrimeEnergy Resources Corp. has a diverse ownership structure comprising institutional, retail, and individual investors. Institutional investors hold between 4.93% and 12.56% of the company's stock, with 206 institutional owners holding a total of 539,411 shares. Insiders own 21.19% of the stock. Chairman and CEO Charles E. Drimal, Jr. has voting rights agreements that result in affiliated shareholders controlling over 80% of the voting power. Public companies and individual investors collectively own between 7.63% and 66.25% of the stock. Robert De Rothschild is noted as a major individual shareholder who has recently sold a significant number of shares.
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$186.88