PrimeEnergy (PNRG) to Release Quarterly Earnings on Friday

Key Points

• PrimeEnergy is expected to report Q2 2026 results before the market opens on Friday, August 14. Analysts forecast earnings of $5.90 per share on $50.40 million in revenue; the conference call is scheduled for August 19 at 9:30 a.m. ET.
• The company’s previous quarter fell well short of expectations, with EPS of $1.82 versus an $8.57 consensus estimate and revenue of $41.31 million versus $55 million expected.
• Analyst sentiment is cautious: PrimeEnergy has an average “Reduce” rating, with one Hold and one Sell recommendation. Shares opened at $182.74, versus a 52-week range of $126.40 to $278.90.

PrimeEnergy (NASDAQ:PNRG - Get Free Report) is projected to release its Q2 2026 results before the market opens on Friday, August 14th. Analysts expect the company to post earnings of $5.90 per share and revenue of $50.40 million for the quarter. Interested persons can find conference call details on the company's upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 9:30 AM ET.

PrimeEnergy (NASDAQ:PNRG - Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The oil and natural gas company reported $1.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $8.57 by ($6.75). PrimeEnergy had a return on equity of 10.10% and a net margin of 12.06%.The firm had revenue of $41.31 million for the quarter, compared to the consensus estimate of $55.00 million.

PrimeEnergy Stock Performance

NASDAQ:PNRG opened at $182.74 on Friday. PrimeEnergy has a 52 week low of $126.40 and a 52 week high of $278.90. The firm has a market cap of $296.04 million, a price-to-earnings ratio of 20.40 and a beta of -0.27. The firm's 50-day simple moving average is $181.18 and its 200 day simple moving average is $200.47.

Wall Street Analysts Forecast Growth

PNRG has been the topic of several analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of PrimeEnergy in a research report on Wednesday, June 24th. Freedom Capital cut PrimeEnergy from a "hold" rating to a "strong sell" rating in a research note on Thursday, May 28th. Finally, Wall Street Zen lowered PrimeEnergy from a "buy" rating to a "hold" rating in a research note on Sunday, May 31st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, PrimeEnergy presently has an average rating of "Reduce".

Hedge Funds Weigh In On PrimeEnergy

Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in PrimeEnergy by 9.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 71,970 shares of the oil and natural gas company's stock valued at $12,308,000 after acquiring an additional 6,487 shares during the period. Millennium Management LLC grew its stake in shares of PrimeEnergy by 143.1% in the third quarter. Millennium Management LLC now owns 52,180 shares of the oil and natural gas company's stock worth $8,716,000 after purchasing an additional 30,718 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in PrimeEnergy by 690.7% in the fourth quarter. BNP Paribas Financial Markets now owns 36,546 shares of the oil and natural gas company's stock valued at $6,249,000 after purchasing an additional 31,924 shares during the period. Vanguard Group Inc. increased its holdings in PrimeEnergy by 60.5% in the third quarter. Vanguard Group Inc. now owns 25,258 shares of the oil and natural gas company's stock valued at $4,219,000 after purchasing an additional 9,522 shares during the period. Finally, Invesco Ltd. raised its position in PrimeEnergy by 537.6% during the 4th quarter. Invesco Ltd. now owns 19,950 shares of the oil and natural gas company's stock worth $3,411,000 after purchasing an additional 16,821 shares during the last quarter.

PrimeEnergy Company Profile

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations.

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