PrimeEnergy Resources (PNRG)

• Market cap: $296M
• 1 day: 1.45%
• 5 days: -9.41%
• 1 month: -13.43%
• 3 months: 16.32%
• 6 months: 59.68%
• Year to date: 69.37%
• 1 year: 59.22%
• 5 years: 18.92%
• 10 years: 151.00%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and provide well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.

Employees: 115

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

160% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 5

150% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 10

35% more capital invested

Capital invested by funds: $22M [Q2] → $29.6M (+$7.63M) [Q3]

16% more funds holding

Funds holding: 51 [Q2] → 59 (+8) [Q3]

0.74% more ownership

Funds ownership: 11.54% [Q2] → 12.27% (+0.74%) [Q3]