The share price of PrimeEnergy Resources Corporation (NASDAQ:PNRG) surged by 22.24% between November 21 and November 28, 2025, putting it among the Energy Stocks that Gained the Most This Week.
PrimeEnergy Resources Corporation engages in the acquisition, development, and production of oil and natural gas properties in the United States.
PrimeEnergy Resources Corporation jumped after announcing its third-quarter results on November 19, with the company’s net income surging by over 231% sequentially to $10.6 million. Revenue also grew by almost 10% QoQ to around $46 million. Meanwhile, production for the quarter totaled 505 MBbl of oil, 2.3 Bcf of natural gas, and 362 MBbl of natural gas liquids.
PrimeEnergy Resources Corporation maintains a robust balance sheet and generated solid operating cash flow of $84.5 million for the first nine months of 2025. Moreover, as of September 30, the company reported zero outstanding bank debt and full availability under its $115 million revolving credit facility.
Despite the recent uptick, the share price of PrimeEnergy Resources Corporation has declined by almost 11% since the beginning of 2025.
READ NEXT: 10 Best Renewable Energy Dividend Stocks to Buy Now and 14 Best Utility Dividend Stocks to Buy Now.
