PrimeEnergy Resources (NASDAQ:PNRG) Issues Earnings Results

PrimeEnergy Resources (NASDAQ:PNRG - Get Free Report) issued its quarterly earnings results on Tuesday. The oil and natural gas company reported $1.02 earnings per share (EPS) for the quarter, Zacks reports. PrimeEnergy Resources had a return on equity of 32.76% and a net margin of 27.73%.Get PrimeEnergy Resources alerts:PrimeEnergy Resources Trading Up 2.2 %Shares of PNRG traded up $4.01 during mid-day trading on Tuesday, reaching $187.80. The company's stock had a trading volume of 45,124 shares, compared to its average volume of 8,934. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.01. PrimeEnergy Resources has a 52 week low of $98.55 and a 52 week high of $243.49. The company's fifty day moving average price is $201.34 and its two-hundred day moving average price is $193.97. The stock has a market cap of $322.45 million, a PE ratio of 8.07 and a beta of 0.04. Insiders Place Their BetsIn other news, Director Clint Hurt sold 1,107 shares of the business's stock in a transaction on Friday, January 17th. The shares were sold at an average price of $214.09, for a total transaction of $236,997.63. Following the sale, the director now owns 131,574 shares in the company, valued at approximately $28,168,677.66. The trade was a 0.83 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Rothschild Robert De sold 2,311 shares of PrimeEnergy Resources stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $215.03, for a total transaction of $496,934.33. Following the transaction, the insider now directly owns 259,011 shares of the company's stock, valued at approximately $55,695,135.33. This trade represents a 0.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,335 shares of company stock valued at $5,548,942 over the last three months. Insiders own 61.07% of the company's stock. About PrimeEnergy Resources (Get Free Report)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.Read MoreFive stocks we like better than PrimeEnergy ResourcesUtilities Stocks Explained – How and Why to Invest in UtilitiesBeware of BigBear.ai: Insiders Are Selling—Should You?3 Grocery Stocks That Are Proving They Are Still Essential CrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat Are Trending Stocks? Trending Stocks ExplainedCongress! Who Traded What During the Tariff-Induced Meltdown This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in PrimeEnergy Resources Right Now?Before you consider PrimeEnergy Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PrimeEnergy Resources wasn't on the list.While PrimeEnergy Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here