PrimeEnergy Resources (PNRG) Jumps Following Q3 Report

The share price of PrimeEnergy Resources Corporation (NASDAQ:PNRG) surged by 7.62% between November 14 and November 21, 2025, putting it among the Energy Stocks that Gained the Most This Week.

PrimeEnergy Resources Corporation (NASDAQ:PNRG) engages in the acquisition, development, and production of oil and natural gas properties in the United States.

PrimeEnergy Resources Corporation (NASDAQ:PNRG) surged after the company announced its Q3 results on November 19, with its net income growing by over 231% QoQ to $10.6 million. Meanwhile, total commodity revenue for the quarter was almost $46 million. PNRG reported production of 505 MBbl of oil, 2.3 Bcf of natural gas, and 362 MBbl of NGLs during the quarter.

PrimeEnergy Resources Corporation (NASDAQ:PNRG) generated a solid operating cash flow of $84.5 million for the first nine months of 2025. The company also reported zero outstanding bank debt and full availability under its $115 million revolving credit facility.

Despite the recent boost, PrimeEnergy Resources Corporation (NASDAQ:PNRG) stock has fallen 27% since the beginning of 2025.

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Disclosure: None.