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PRIMEENERGY RESOURCES CORPORATION

(PNRG)
  Report
Delayed Nasdaq  -  03:58:38 2023-01-30 pm EST
92.00 USD   +0.05%
2022Primeenergy : Q3 Earnings Snapshot
AQ
2022PrimeEnergy Resources Corporation Announces Third Quarter Results
BU
2022Primeenergy Resources Corporation Announces Production Results for the Three Quarter and Nine Months Ended September 30, 2022
CI
SummaryQuotesChartsNewsCalendarCompanyFinancialsFunds 
Business Summary
Logo PrimeEnergy Resources Corporation
PrimeEnergy Resources Corporation is an independent oil and gas company that is engaged in acquiring, developing and producing oil and natural gas. The Company owns leasehold, mineral and royalty interests in producing and non-producing oil and gas properties across the continental United States. The Company operates approximately 710 active wells and owns non-operating interests and royalties in approximately 822 additional wells. The Company provides well-servicing support operations, site-preparation and construction services for oil and gas drilling and reworking operations, both in connection with the CompanyÔÇÖs activities and providing contract services for third parties. The Company maintains an acreage position of approximately 17,148 gross acres in the Permian Basin in West Texas, primarily in Reagan, Upton, Martin, and Midland counties. It maintains an acreage position of approximately 48,400 gross acres, primarily in Canadian, Kingfisher, Grant, Major, and Garvin counties.

Number of employees : 113 people.
Sales per Business
20202021Delta
Oil27.8775.4%50.4769% +81.14%
Natural Gas4.2011.4%11.4315.6% +172.06%
Natural Gas Liquids4.9113.3%11.2215.3% +128.7%
USD in Million
Sales per region
20202021Delta
United States36.97100%73.13100% +97.78%
USD in Million
Managers
Name Title Age Since
Charles E. Drimal Chairman, President & Chief Executive Officer 74 2011
Beverly A. Cummings Chief Financial Officer, Treasurer, Director & EVP 69 -
Virginia Crowe Forese Secretary - -
Members of the board
Name Title Age Since
Charles E. Drimal Chairman, President & Chief Executive Officer 74 2011
Thomas S. T. Gimbel Independent Director 67 1989
Clint Hurt Independent Director 86 1988
Harry Gifford Fong Independent Director 77 2020
Beverly A. Cummings Chief Financial Officer, Treasurer, Director & EVP 69 -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,799,800 519,846 18.6% 879,300 31.4% 18.6%
Shareholders
NameEquities%
Charles E. Drimal 520,644 27.1%
Amrace, Inc. 350,210 18.2%
Clint Hurt 170,978 8.90%
Ebersole Gaines Wehrle 111,244 5.79%
Northern Trust Quantitative Advisors, Inc. 26,540 1.38%
The Vanguard Group, Inc. 20,189 1.05%
Dimensional Fund Advisors LP 18,155 0.95%
Fiduciary Investment Management International, Inc. 16,800 0.87%
MIT Investment Management Co. 16,800 0.87%
MUFG Securities Americas, Inc. 15,100 0.79%
Company contact information
PrimeEnergy Resources Corp.
9821 Katy Freeway
Suite 1050
Houston, TX 77024

Phone : +1.713.735.0000
Fax : +1.713.735.0090
Web : http://www.primeenergy.com
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