PrimeEnergy (PNRG) Expected to Announce Earnings on Friday

PrimeEnergy (NASDAQ:PNRG) is projected to announce its Q2 2026 results before the market opens on Friday, August 14th. Analysts expect PrimeEnergy to post earnings of $5.90 per share and revenue of $50.40 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 9:30 AM ET.

PrimeEnergy (NASDAQ:PNRG) last posted its earnings results on Wednesday, May 20th. The oil and natural gas company reported $1.82 earnings per share for the quarter, missing analysts’ consensus estimates of $8.57 by ($6.75). PrimeEnergy had a return on equity of 10.10% and a net margin of 12.06%.The company had revenue of $41.31 million for the quarter, compared to analysts’ expectations of $55.00 million.

PrimeEnergy Price Performance

Shares of PNRG stock opened at $194.86 on Wednesday. The stock’s fifty day moving average price is $182.12 and its 200 day moving average price is $200.88. PrimeEnergy has a 1-year low of $126.40 and a 1-year high of $278.90. The company has a market cap of $315.67 million, a price-to-earnings ratio of 21.75 and a beta of -0.27.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Freedom Capital lowered PrimeEnergy from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 28th. Wall Street Zen cut shares of PrimeEnergy from a “buy” rating to a “hold” rating in a research note on Sunday, May 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PrimeEnergy in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PNRG. State of Wyoming increased its holdings in PrimeEnergy by 78.7% in the fourth quarter. State of Wyoming now owns 168 shares of the oil and natural gas company’s stock valued at $29,000 after buying an additional 74 shares in the last quarter. Barclays PLC boosted its stake in shares of PrimeEnergy by 33.8% during the 4th quarter. Barclays PLC now owns 637 shares of the oil and natural gas company’s stock worth $109,000 after acquiring an additional 161 shares in the last quarter. Marex Group plc boosted its stake in shares of PrimeEnergy by 2.1% during the 4th quarter. Marex Group plc now owns 9,496 shares of the oil and natural gas company’s stock worth $1,624,000 after acquiring an additional 196 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of PrimeEnergy by 74.8% during the 4th quarter. Wells Fargo & Company MN now owns 479 shares of the oil and natural gas company’s stock valued at $82,000 after acquiring an additional 205 shares during the period. Finally, Quarry LP acquired a new stake in shares of PrimeEnergy during the 3rd quarter valued at about $38,000.

About PrimeEnergy

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. 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.