PrimeEnergy Corporation (NASDAQ:PNRG) Scheduled to Post Earnings on Monday
Shares of PrimeEnergy Corporation (NASDAQ PNRG) remained flat at $48.15 during trading on Friday. 66 shares of the company were exchanged. The company has a 50 day moving average of $47.60 and a 200 day moving average of $48.51. The stock has a market capitalization of $109.78 million, a PE ratio of 5.63 and a beta of 0.12. PrimeEnergy Corporation has a 12 month low of $39.80 and a 12 month high of $60.25.
A hedge fund recently raised its stake in PrimeEnergy Corporation stock. Northern Trust Corp boosted its position in shares of PrimeEnergy Corporation (NASDAQ:PNRG) by 6.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,624 shares of the oil and natural gas company’s stock after buying an additional 678 shares during the period. Northern Trust Corp owned 0.47% of PrimeEnergy Corporation worth $500,000 at the end of the most recent quarter. 1.91% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION NOTICE: This piece was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/08/11/primeenergy-corporation-nasdaqpnrg-scheduled-to-post-earnings-on-monday.html.
Separately, ValuEngine lowered PrimeEnergy Corporation from a “hold” rating to a “sell” rating in a report on Friday, June 2nd.
About PrimeEnergy Corporation
PrimeEnergy Corporation is an independent oil and natural gas company. The Company is engaged in acquiring, developing and producing oil and natural gas. It owns producing and non-producing properties located in Texas, Oklahoma, West Virginia, New Mexico, Colorado and Louisiana. All of the Company’s oil and gas properties and interests are located in the United States.
Receive News & Ratings for PrimeEnergy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PrimeEnergy Corporation and related companies with MarketBeat.com's FREE daily email newsletter.