PrimeEnergy Q3 Earnings Slide Y/Y as Oil Volumes & Prices Fall
PNRG's Q3 results show weaker oil-driven revenues and earnings, partially offset by stronger gas performance and continued disciplined investment.
PrimeEnergy Q2 Earnings Fall Y/Y on Lower Oil Prices, Stock Declines
PNRG's Q2 revenues and earnings plunge y/y on weaker oil prices, while higher gas and NGL volumes, cost cuts and buybacks helped cushion the results.
Prime Energy Resources: The Place To Be During Uncertain Times
Prime Energy Resources boasts a strong balance sheet with minimal long-term debt. The company's conservative accounting is evidenced by a six-figure gain on a fully depreciated rig sale. Prime Energy allows operational results to speak for themselves.
PNRG 2024 Earnings Soar Y/Y on Oil Output, Stock Falls 17% in a Month
PrimeEnergy ramps up drilling in West Texas and boosts reserves, investing more than $110 million in 2024 with plans for even greater development in 2025.
PrimeEnergy Resources: Growth Likely To Continue
PrimeEnergy Resources Corporation is a small, growing upstream company. The company is NASDAQ listed with a small float (as in low liquidity). Therefore, limit orders and patience are suggested. Insiders, including CEO Charles Drimal Jr., hold a significant portion of shares, resulting in less than 40% of shares being available to the public.
Is PrimeEnergy Still Worth Buying After Surging 82% in 6 Months?
PNRG's focus on horizontal drilling in West Texas boosts production rates and accelerates returns, aligning with industry trends to enhance resource recovery.
PrimeEnergy Posts Y/Y Earnings Growth in Q3 on Surging Oil Production
PNRG's Q3 earnings skyrocket y/y with a 134% jump in oil production, robust revenue growth, and asset sales fueling long-term expansion plans.
PrimeEnergy (PNRG) Earnings & Revenues Increase Y/Y in Q2
A significant y/y rise in oil sales, reflecting higher production volumes and improved pricing, aid PrimeEnergy's (PNRG) earnings in Q2.
Zacks Initiates Coverage of PrimeEnergy With Neutral Recommendation
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.
