1 week ago
PrimeEnergy Resources (PNRG) Stock: Rise as Q2 Profit Doubles and Oil Prices Surge
TLDR PrimeEnergy Q2 net income doubles to $6.5M as stronger oil prices lift results. PNRG rises 0.46% to $196.48 after retreating from a sharp intraday spike. Negative Permian gas prices weigh on revenue despite stronger oil earnings. PrimeEnergy begins drilling 24 horizontal wells across Martin and Upton counties. Company ends Q2 with $28.7M cash, no [...]
The post PrimeEnergy Resources (PNRG) Stock: Rise as Q2 Profit Doubles and Oil Prices Surge appeared first on Blockonomi.
Source: Blockonomi →Related News
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