Shares of PrimeEnergy Resources Corporation (PNRG) have lost 8.3% since reporting 2024 results. This compares with the S&P 500 index’s 2.2% decline over the same time frame. Over the past month, the stock has plunged 17% compared with the S&P 500’s 3.8% fall.Revenues & Earnings Surge Y/Y Amid Strong Production GrowthFor the year ended Dec. 31, 2024, PrimeEnergy reported total revenues of $237.8 million, up 79% from $132.8 million in 2023. Net income nearly doubled to $55.4 million from $28.1 million the pre ...

HOUSTON, April 15, 2025 (GLOBE NEWSWIRE) -- The following table summarizes the primary components of production volumes and average sales prices realized for the years ended December 31, 2024 and 2023 (excluding realized gains and losses from derivatives).    Years ended December 31,   Increase / Increase /   2024  2023   (Decrease) (Decrease) Barrels of Oil Produced  2,556,000    1,144,000    1,412,000   123.43 %Average Price Received $75.80   $76.84   $(1.04)  (1.35)%Oil Revenue (In 000's) $193,737   $87, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to . is Commission File Number 0-7406 PrimeEnergy Resources Corporation (Exact name of registrant as specified in its charter) Delaware 84-0637348 (state or other ...

Industry Overview - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience to navigate effectively [2] Company Analysis - PrimeEnergy Resources Corporation and related companies are analyzed for undervalued opportunities in the oil and gas space [1] - Analysis includes a detailed breakdown of balance sheets, competitive positioning, and development prospects [1] Research Service - Oil & Gas Value Research provides exclusive analysis to members, including insights not published on the free site [1] - A free two-week trial is available for those interested in accessing the full range of research and analysis [1]

Over the last six months, PrimeEnergy Resources Corporation (PNRG) stock surged 81.8%, significantly outpacing the industry’s 14.1% growth. The company outperformed other upstream energy players, including Diamondback Energy, Inc. (FANG) and APA Corporation (APA) , which posted declines of 9.3% and 22%, respectively, during the same period. With rising global energy demand and favorable oil and gas price trends, PNRG's long-term prospects appear solid. Image Source: Zacks Investment Research Below, we explo ...

Shares of PrimeEnergy Resources Corporation (PNRG) have gained 3.6% since the company reported earnings for the third quarter of 2024, outperforming the S&P 500 index’s decline of 1.1% during the same period. Over the past month, PNRG shares rose 30.7%, significantly outpacing the S&P 500’s 1.6% growth.Financial Performance HighlightsFor the third quarter of 2024, PNRG reported revenues of $69.46 million, an 84.7% surge from $37.58 million in the prior-year period.The company reported third-quarter diluted ...

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today net income of $22,076,000 for the quarter, and $53,127,000 for the nine months, ended September 30, 2024. This represents $8.80 and $20.93 per share, on a fully diluted basis, for the three and nine months ended September 30, 2024. As of November 14, 2024, the total outstanding shares including outstanding options are 2,485,000. Oil and gas production volumes for the three months ended September 30, 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number 0-7406 PrimeEnergy Resources Corporation (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of in ...

Toronto, Ontario--(Newsfile Corp. - Le 13 novembre/November 2024) - Pan American Energy Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 10,597,923 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on Novemb ...

PrimeEnergy Resources Corporation (PLPC) delivered strong financial results in the second quarter of 2024, highlighted by significant year-over-year increases in earnings and revenues on robust oil production and favorable pricing. The company's strategic focus on expanding its drilling activities, particularly in the West Texas region, resulted in substantial production growth, which more than doubled from the prior-year period. However, the quarter also saw a decline in natural gas revenues and a rise in ...