Company PrimeEnergy Resources Corporation

Equities

PNRG

US74158E1047

Oil & Gas Exploration and Production

Market Closed - Nasdaq 21:00:00 30/04/2024 BST 5-day change 1st Jan Change
102.5 USD -1.75% Intraday chart for PrimeEnergy Resources Corporation +2.90% -3.66%

Business Summary

PrimeEnergy Resources Corporation is an independent oil and natural gas company engaged in acquiring, developing, and producing oil and natural gas. The Company owns leasehold, mineral and royalty interests in producing and non-producing oil and gas properties across the United States, primarily in Oklahoma, and Texas. Through its subsidiaries Prime Operating Company, Eastern Oil Well Service Company, and EOWS Midland Company, it acts as operator and provides well-servicing support operations for many of the onshore oil and gas wells it operates, as well as for third parties. It operates approximately 534 active wells and owns non-operating interests and royalties in approximately 952 additional wells. It maintains an acreage position of approximately 16,407 gross (9,341 net) acres in the Permian Basin in West Texas, primarily in Reagan, Upton, Martin and Midland counties. It has over 511 producing wells in the Mid-Continent area, of which 128 wells are operated by the Company.

Number of employees: 115

Sales per Business

USD in Million2022Weight2023Weight Delta
Oil
81.6 %
91 73.2 % 88 81.6 % -3.19%
Natural Gas Liquids
11.0 %
15 12.0 % 12 11.0 % -20.06%
Natural Gas
7.4 %
18 14.8 % 8 7.4 % -56.94%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
124 100.0 % 108 100.0 % -13.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 76 01/10/87
Director of Finance/CFO 71 01/10/87
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 76 01/10/87
Director/Board Member 88 31/01/88
Director/Board Member 69 28/02/89
Director of Finance/CFO 71 01/10/87
Director/Board Member 80 30/04/94

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,780,145 537,629 ( 19.34 %) 989,900 ( 35.61 %) 19.34 %

Shareholders

NameEquities%Valuation
520,644 28.60 % 52 M $
Amrace, Inc.
16.25 %
295,768 16.25 % 30 M $
Clint Hurt
8.006 %
145,763 8.006 % 15 M $
Jan Smeets
4.910 %
89,398 4.910 % 9 M $
82,927 4.555 % 8 M $
54,364 2.986 % 5 M $
BlackRock Advisors LLC
1.904 %
34,659 1.904 % 3 M $
Vanguard Fiduciary Trust Co.
1.679 %
30,575 1.679 % 3 M $
Dimensional Fund Advisors LP
1.564 %
28,472 1.564 % 3 M $
Geode Capital Management LLC
0.7466 %
13,592 0.7466 % 1 M $

Company contact information

PrimeEnergy Resources Corp.

9821 Katy Freeway Suite 1050

77024, Houston

+713 735 0000

http://primeenergy-resources-corporation.ir.rdgfilings.com
address PrimeEnergy Resources Corporation(PNRG)
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