Is PrimeEnergy Stock a Smart Bet Amid Oil Slump & Gas Growth?

Over the past year, PrimeEnergy Resources Corporation (PNRG) stock has gained 14.9%, significantly outpacing the industry’s 13.9% decline. The company outperformed other upstream energy players, including Matador Resources (MTDR) and APA Corporation (APA) , which posted declines of 1.6% and 13.9%, respectively, during the same period. Image Source: Zacks Investment Research In the oilfields of Texas and Oklahoma, PrimeEnergy has been navigating a year of shifting fortunes. Once buoyed by strong oil markets, ...