PrimeEnergy (NASDAQ:PNRG) Resources Corporation is a downstream energy company engaged in the marketing, distribution and retailing of petroleum products in the northeastern United States. The company’s operations span wholesale fuel distribution, branded cardlock and dealer networks, commercial fuel services and a chain of company-owned convenience stores. Through these channels, PrimeEnergy supplies gasoline, diesel, heating oil and specialty lubricants to a diverse customer base that includes small businesses, large commercial fleets and retail consumers.
Founded in 1988, PrimeEnergy has grown by combining organic expansion with targeted acquisitions of regional distributors and service stations. Its historical focus on operational efficiency and customer service has enabled the company to develop long-standing relationships with suppliers, refiners and end users. Over the years, PrimeEnergy has further enhanced its capabilities by investing in terminal infrastructure, blending facilities and logistics systems to ensure reliable product availability and competitive pricing.
PrimeEnergy’s network comprises bulk storage terminals, bulk plant locations and a retail chain operating under the Prime Stop name. The company’s terminals serve as key hubs for inbound supply and on-demand delivery, while the Prime Stop convenience stores offer fueling, c-store merchandise and ancillary services such as propane refills. In addition, PrimeEnergy provides mobile fueling, on-site tank management and emergency response services to commercial customers across Connecticut, New York, Pennsylvania and surrounding states.
Headquartered in Stamford, Connecticut, PrimeEnergy is led by a management team with deep industry experience in supply chain logistics, marketing and retail operations. The company’s leadership emphasizes safety, environmental compliance and technology-driven solutions as cornerstones of its strategic growth plans. Through a combination of regional expertise and customer-focused service offerings, PrimeEnergy aims to maintain its position as a leading independent energy marketer in its core markets.
