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NASDAQ:PNRG - Primeenergy Resources Stock Price, Forecast & News

$68.02
+0.22 (+0.32 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$67.80
Now: $68.02
$75.57
50-Day Range
$47.68
MA: $109.17
$141.80
52-Week Range
$47.68
Now: $68.02
$170.99
Volume2,308 shs
Average Volume1,173 shs
Market Capitalization$136.38 million
P/E Ratio13.91
Dividend YieldN/A
Beta0.49
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. 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 operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 1,500 active wells and owns non-operating interests in approximately 400 additional wells primarily in Oklahoma, Texas, and West Virginia. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was founded in 1973 and is based in Houston, Texas.
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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:PNRG
CUSIPN/A
Phone713-735-0000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$118.10 million
Cash Flow$27.32 per share
Book Value$51.72 per share

Profitability

Net Income$14.53 million

Miscellaneous

Employees144
Market Cap$136.38 million
Next Earnings Date4/21/2020 (Estimated)
OptionableNot Optionable

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Primeenergy Resources (NASDAQ:PNRG) Frequently Asked Questions

How has Primeenergy Resources' stock been impacted by COVID-19 (Coronavirus)?

Primeenergy Resources' stock was trading at $73.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PNRG shares have decreased by 7.2% and is now trading at $68.02. View which stocks have been mosted impacted by Coronavirus.

When is Primeenergy Resources' next earnings date?

Primeenergy Resources is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for Primeenergy Resources.

How were Primeenergy Resources' earnings last quarter?

Primeenergy Resources Corp (NASDAQ:PNRG) issued its earnings results on Friday, May, 18th. The oil and natural gas company reported $1.14 earnings per share for the quarter. The oil and natural gas company had revenue of $28.47 million for the quarter. Primeenergy Resources had a return on equity of 12.05% and a net margin of 10.38%. View Primeenergy Resources' earnings history.

Has Primeenergy Resources been receiving favorable news coverage?

News stories about PNRG stock have trended negative on Saturday, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Primeenergy Resources earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave headlines about the oil and natural gas company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near future. View the latest news aboutPrimeenergy Resources.

Are investors shorting Primeenergy Resources?

Primeenergy Resources saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,700 shares, an increase of 11.9% from the February 27th total of 4,200 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 0.9% of the company's shares are sold short. View Primeenergy Resources' Current Options Chain.

Who are some of Primeenergy Resources' key competitors?

What other stocks do shareholders of Primeenergy Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Primeenergy Resources investors own include Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Stag Industrial (STAG), Clean Energy Fuels (CLNE), Evoke Pharma (EVOK), Enbridge (ENB), Enterprise Products Partners (EPD), Marathon Petroleum (MPC), Occidental Petroleum (OXY) and Tc Pipelines (TRP).

Who are Primeenergy Resources' key executives?

Primeenergy Resources' management team includes the following people:
  • Mr. Charles E. Drimal Jr., Pres, CEO & Chairman (Age 71)
  • Ms. Beverly A. Cummings, Exec. VP, Treasurer, Principal Financial Officer, Acting Sec. & Director (Age 66)
  • Virginia Forese, HR Director
  • Ms. Patricia C. Delaney, Sec.

What is Primeenergy Resources' stock symbol?

Primeenergy Resources trades on the NASDAQ under the ticker symbol "PNRG."

Who are Primeenergy Resources' major shareholders?

Primeenergy Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Jane Street Group LLC (0.48%), Geode Capital Management LLC (0.40%), State Street Corp (0.39%), Biondo Investment Advisors LLC (0.07%), UBS Group AG (0.05%) and Barclays PLC (0.03%). Company insiders that own Primeenergy Resources stock include Charles E Drimal Jr, Clint Hurt and Rothschild Robert De. View institutional ownership trends for Primeenergy Resources.

Which institutional investors are selling Primeenergy Resources stock?

PNRG stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC. Company insiders that have sold Primeenergy Resources company stock in the last year include Charles E Drimal Jr, Clint Hurt, and Rothschild Robert De. View insider buying and selling activity for Primeenergy Resources.

Which institutional investors are buying Primeenergy Resources stock?

PNRG stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Biondo Investment Advisors LLC, State Street Corp, Barclays PLC, UBS Group AG, and Tower Research Capital LLC TRC. View insider buying and selling activity for Primeenergy Resources.

How do I buy shares of Primeenergy Resources?

Shares of PNRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Primeenergy Resources' stock price today?

One share of PNRG stock can currently be purchased for approximately $68.02.

How big of a company is Primeenergy Resources?

Primeenergy Resources has a market capitalization of $136.38 million and generates $118.10 million in revenue each year. Primeenergy Resources employs 144 workers across the globe. View additional information about Primeenergy Resources.

What is Primeenergy Resources' official website?

The official website for Primeenergy Resources is http://www.primeenergy.com/.

How can I contact Primeenergy Resources?

Primeenergy Resources' mailing address is 9821 Katy Freeway, HOUSTON TX, 77024. The oil and natural gas company can be reached via phone at 713-735-0000.


MarketBeat Community Rating for Primeenergy Resources (NASDAQ PNRG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  136 (Thanks for Voting!)
Underperform Votes:  145 (Thanks for Voting!)
Total Votes:  281
MarketBeat's community ratings are surveys of what our community members think about Primeenergy Resources and other stocks. Vote "Outperform" if you believe PNRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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