From Yahoo Finance: 2025-06-11 23:46:00

The share price of PrimeEnergy Resources Corporation (NASDAQ:PNRG) dropped by 22.26% between June 3 and June 10, 2025, making it one of the Energy Stocks that Lost the Most This Week.

PrimeEnergy Resources Corporation (PNRG) is involved in acquiring, developing, and producing oil and natural gas properties in the United States.

PNRG suffered a significant decline last week after a major shareholder, Robert de Rothschild, sold a large number of shares worth around $1,155,612. Despite this, the stock has seen a 40% increase over the past year.

In Q1 2025, PNRG reported a 16.4% year-over-year increase in revenue, along with notable rises in oil, natural gas, and NGL production. The company also repurchased $9.17 million worth of shares during the quarter.

While PNRG shows promise as an investment, some AI stocks may offer greater potential with less risk. For insights on an undervalued AI stock poised to benefit from current trends, see our report on the best short-term AI stock.

Disclosure: None.



Read more at Yahoo Finance: PrimeEnergy Resources (PNRG) Nosedived This Week. Here is Why.