PrimeEnergy (NASDAQ:PNRG – Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Friday, August 14th. Analysts expect the company to announce earnings of $5.90 per share and revenue of $50.40 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results 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 posted its earnings results on Wednesday, May 20th. The oil and natural gas company reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.57 by ($6.75). The business had revenue of $41.31 million for the quarter, compared to analysts’ expectations of $55.00 million. PrimeEnergy had a net margin of 12.06% and a return on equity of 10.10%.
PrimeEnergy Stock Up 2.6%
Shares of PrimeEnergy stock opened at $199.90 on Thursday. The company has a market cap of $323.84 million, a PE ratio of 22.31 and a beta of -0.27. The business has a 50 day moving average of $182.44 and a 200 day moving average of $201.10. PrimeEnergy has a 52 week low of $126.40 and a 52 week high of $278.90.
Analyst Ratings Changes
Get Our Latest Research Report on PNRG
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. bought a new stake in shares of PrimeEnergy during the fourth quarter valued at approximately $760,000. Invesco Ltd. raised its holdings in PrimeEnergy by 537.6% in the fourth 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 in the last quarter. Empowered Funds LLC lifted its position in PrimeEnergy by 5.1% during the fourth quarter. Empowered Funds LLC now owns 11,041 shares of the oil and natural gas company’s stock valued at $1,888,000 after buying an additional 534 shares during the period. Bridgeway Capital Management LLC lifted its position in PrimeEnergy by 3.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 16,191 shares of the oil and natural gas company’s stock valued at $2,769,000 after buying an additional 534 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in shares of PrimeEnergy by 20.1% during the 4th quarter. AQR Capital Management LLC now owns 14,382 shares of the oil and natural gas company’s stock valued at $2,459,000 after buying an additional 2,407 shares in 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.
Featured Stories
- Five stocks we like better than PrimeEnergy
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for PrimeEnergy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrimeEnergy and related companies with MarketBeat.com's FREE daily email newsletter.
