Clint Hurt Sells 874 Shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 874 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $100.00, for a total value of $87,400.00. Following the completion of the transaction, the director now directly owns 145,763 shares in the company, valued at $14,576,300. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Clint Hurt also recently made the following trade(s):

• On Monday, April 22nd, Clint Hurt sold 3,368 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $100.01, for a total value of $336,833.68.
• On Thursday, April 18th, Clint Hurt sold 1,568 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $100.15, for a total value of $157,035.20.

PrimeEnergy Resources Trading Down 0.5 %

Shares of NASDAQ:PNRG opened at $101.97 on Friday. PrimeEnergy Resources Co. has a 1-year low of $80.63 and a 1-year high of $120.00. The firm has a market capitalization of $182.53 million, a PE ratio of 9.48 and a beta of 0.51. The business’s 50 day moving average is $99.80 and its 200-day moving average is $102.35.

PrimeEnergy Resources (NASDAQ:PNRG) last announced its quarterly earnings results on Monday, April 15th. The oil and natural gas company reported $2.28 EPS for the quarter. The business had revenue of $35.51 million for the quarter. PrimeEnergy Resources had a return on equity of 18.66% and a net margin of 22.83%.

Hedge Funds Weigh In On PrimeEnergy Resources

Several institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC raised its position in PrimeEnergy Resources by 17.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,093 shares of the oil and natural gas company’s stock valued at $754,000 after purchasing an additional 1,033 shares during the last quarter. New York State Common Retirement Fund raised its position in shares of PrimeEnergy Resources by 10.5% during the fourth quarter. New York State Common Retirement Fund now owns 4,206 shares of the oil and natural gas company’s stock worth $447,000 after acquiring an additional 400 shares during the last quarter. Strs Ohio grew its stake in shares of PrimeEnergy Resources by 5.9% during the fourth quarter. Strs Ohio now owns 3,600 shares of the oil and natural gas company’s stock worth $382,000 after purchasing an additional 200 shares during the period. Lauer Wealth LLC acquired a new stake in shares of PrimeEnergy Resources during the fourth quarter worth $300,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of PrimeEnergy Resources during the third quarter worth $241,000.

About PrimeEnergy Resources

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. 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.