186.70
+0.57%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Primeenergy Resources
From its filings with the US Securities and Exchange Commission
Primeenergy Resources is based in Houston, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker PNRG. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 31 December 2025, it reported revenue of $189.1m and net income of $26.3m. At that date it held total assets of $323.9m and shareholders' equity of $215.7m.
PrimeEnergy Resources Corporation (the “Company”) was organized in March 1973, under the laws of the State of Delaware. We are an independent oil and natural gas company engaged in acquiring, developing, and producing oil and natural gas. We presently own producing and non-producing properties located primarily in Texas, and Oklahoma. All of our oil and gas properties and interests are located in the United States. Through our subsidiaries Prime Operating Company and EOWS Midland Company, we act as operator and provide well-servicing support operations for many of the onshore oil and gas wells we operate, as well as for third parties. We are also active in the acquisition of producing oil and gas properties through joint ventures with industry partners. In addition, we own a 12.5% overriding royalty interest in over 30,000 acres in the state of West Virginia. We are currently not receiving revenue from this asset, as development has not begun. In addition, through a wholly owned offshore company, we own a currently idle 60-mile-long pipeline offshore on the shallow shelf of Texas.
Information contained on the Company’s website is not part of or incorporated into this Report or any other filings with the SEC.
Quoted from its 10-K, filed 16 Apr 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 17 Mar 1980
- Employees
- 67
- Website
- primeenergy.com ↗
- Head office
- 9821 KATY FREEWAY, HOUSTON, TX, 77024
- Incorporated in
- DE
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Charles DrimalChairman of the Board, President, Chief Executive Officer, since 1987$4.9m
- Ms. Beverly CummingsPrincipal Financial Officer, Executive Vice President, Treasurer, Director, since 1987$2.7m
- Mr. H. Gifford FongIndependent Director$30,000
- Mr. Thomas GimbelIndependent Director$30,000
- Mr. Clint HurtIndependent Director$30,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 9
- Environment
- 1
- Social
- 14
- Governance
- 11
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established Reputation: Primeenergy Resources Corp has successfully built a strong reputation in the energy industry, gaining trust from both customers and investors.
- Diversified Asset Portfolio: The company possesses a diversified portfolio of energy assets, including oil and gas reserves, renewable energy projects, and infrastructure, which reduces risk and provides opportunities for growth.
- Technological Expertise: Primeenergy Resources Corp is known for its technological expertise in exploration, production, and operations, enabling efficient and cost-effective energy extraction.
Weaknesses
- Dependence on Oil and Gas: The company's heavy dependence on oil and gas exposes it to price volatility, market fluctuations, and regulatory changes, making it vulnerable to economic downturns.
- Limited Geographic Presence: Primeenergy Resources Corp's operations are primarily focused in certain regions, limiting its market reach and potential for expansion.
- High Capital Expenditure: The energy industry requires significant capital investment in exploration, infrastructure development, and equipment, which can strain the company's financial resources.
Opportunities
- Clean Energy Transition: The global shift towards clean and renewable energy sources presents an opportunity for Primeenergy Resources Corp to diversify its portfolio and invest in sustainable energy projects.
- Technological Advancements: Rapid advancements in technology, such as artificial intelligence and data analytics, can enhance operational efficiency, optimize exploration processes, and improve decision-making.
- Strategic Partnerships: Collaborating with other energy companies, research institutions, or government bodies can provide access to new markets, technologies, and funding sources.
Threats
- Intense Competition: Primeenergy Resources Corp operates in a highly competitive industry, facing competition from both traditional energy players and emerging renewable energy companies.
- Environmental Regulations: Increasing regulations related to greenhouse gas emissions and environmental protection may impose additional compliance costs and restrict certain activities.
- Economic Uncertainty: Global economic uncertainties, such as recessions, fluctuations in oil prices, or geopolitical tensions, can significantly impact the demand for energy and limit the company's growth prospects.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.