PrimeEnergy Posts Y/Y Earnings Growth in Q3 on Surging Oil Production

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$37.58 million in the prior-year period.The company reported third-quarter diluted ...