Why These Energy Stocks Are Losing This Week

8. PrimeEnergy Resources Corporation (NASDAQ:PNRG)

Share Price Decline Between May 27 – June 3: 6.18%

PrimeEnergy Resources Corporation (NASDAQ:PNRG) engages in the acquisition, development, and production of oil and natural gas properties in the United States.

The share price of PrimeEnergy Resources Corporation (NASDAQ:PNRG) surged last month after the company posted impressive results for its Q1 2025, reporting a 16.4% YoY increase in revenue. The energy firm also posted notable increases in oil, natural gas, and NGL production, while repurchasing $9.17 million worth of shares during the quarter. However, PNRG’s net income declined by 19.3% YoY while its diluted EPS decreased by 15.7% YoY. The stock has been under pressure since then, possibly due to profit-taking by investors.