PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt Sells 1,568 Shares

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 1,568 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $100.15, for a total value of $157,035.20. Following the transaction, the director now directly owns 154,195 shares in the company, valued at $15,442,629.25. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

PrimeEnergy Resources Stock Up 1.0 %

NASDAQ PNRG opened at $99.57 on Wednesday. PrimeEnergy Resources Co. has a 52 week low of $80.63 and a 52 week high of $120.00. The business has a 50 day moving average price of $99.55 and a 200-day moving average price of $102.39. The company has a market cap of $178.23 million, a price-to-earnings ratio of 9.25 and a beta of 0.51.

Institutional Trading of PrimeEnergy Resources

Several hedge funds have recently bought and sold shares of the business. Barclays PLC raised its holdings in PrimeEnergy Resources by 258.4% during the third quarter. Barclays PLC now owns 534 shares of the oil and natural gas company’s stock worth $62,000 after buying an additional 385 shares during the last quarter. Raymond James & Associates bought a new stake in shares of PrimeEnergy Resources during the third quarter worth about $232,000. Bank of New York Mellon Corp acquired a new stake in shares of PrimeEnergy Resources in the 3rd quarter worth about $241,000. Lauer Wealth LLC acquired a new stake in shares of PrimeEnergy Resources in the 4th quarter worth about $300,000. Finally, Strs Ohio bought a new position in PrimeEnergy Resources in the 3rd quarter valued at about $394,000.

PrimeEnergy Resources Company Profile

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.