PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt Sells 3,095 Shares of Stock

PrimeEnergy Resources Co. (NASDAQ:PNRG) Director Clint Hurt sold 3,095 shares of PrimeEnergy Resources stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $214.65, for a total value of $664,341.75. Following the sale, the director now owns 132,681 shares in the company, valued at $28,479,976.65. This trade represents a 2.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Clint Hurt also recently made the following trade(s):

• On Thursday, January 2nd, Clint Hurt sold 2,118 shares of PrimeEnergy Resources stock. The shares were sold at an average price of $220.66, for a total value of $467,357.88.
• On Monday, December 30th, Clint Hurt sold 997 shares of PrimeEnergy Resources stock. The stock was sold at an average price of $234.09, for a total transaction of $233,387.73.

PrimeEnergy Resources Stock Performance

NASDAQ PNRG opened at $213.37 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.54. The company has a market capitalization of $367.00 million, a PE ratio of 9.17 and a beta of 0.54. PrimeEnergy Resources Co. has a 52-week low of $92.40 and a 52-week high of $243.49. The company has a 50-day simple moving average of $199.66 and a 200 day simple moving average of $158.05.

Institutional Investors Weigh In On PrimeEnergy Resources

Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. purchased a new stake in PrimeEnergy Resources in the second quarter worth $222,000. Farther Finance Advisors LLC bought a new position in shares of PrimeEnergy Resources during the 3rd quarter worth $276,000. Safir Wealth Advisors LLC purchased a new stake in PrimeEnergy Resources in the 4th quarter worth about $273,000. Dimensional Fund Advisors LP increased its holdings in PrimeEnergy Resources by 3.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company’s stock worth $3,146,000 after acquiring an additional 1,045 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in PrimeEnergy Resources by 489.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,238 shares of the oil and natural gas company’s stock valued at $171,000 after acquiring an additional 1,028 shares during the period.

About PrimeEnergy Resources

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.