Is PrimeEnergy Still Worth Buying After Surging 82% in 6 Months?

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 ...