State Street Corp Has $1.03 Million Position in PrimeEnergy Resources Co. (NASDAQ:PNRG)

State Street Corp lifted its holdings in PrimeEnergy Resources Co. (NASDAQ:PNRG) by 1.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,447 shares of the oil and natural gas company’s stock after buying an additional 100 shares during the period. State Street Corp’s holdings in PrimeEnergy Resources were worth $1,026,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of PNRG. Victory Capital Management Inc. purchased a new stake in PrimeEnergy Resources in the 2nd quarter worth about $222,000. Dimensional Fund Advisors LP grew its stake in PrimeEnergy Resources by 3.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,571 shares of the oil and natural gas company’s stock valued at $3,146,000 after acquiring an additional 1,045 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of PrimeEnergy Resources in the 3rd quarter valued at about $47,000. Farther Finance Advisors LLC purchased a new stake in shares of PrimeEnergy Resources in the third quarter worth approximately $276,000. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of PrimeEnergy Resources by 3.1% during the third quarter. Janney Montgomery Scott LLC now owns 8,196 shares of the oil and natural gas company’s stock worth $1,129,000 after purchasing an additional 247 shares during the period.

PrimeEnergy Resources Stock Down 6.2 %

PrimeEnergy Resources stock opened at $205.90 on Friday. PrimeEnergy Resources Co. has a twelve month low of $92.40 and a twelve month high of $243.49. 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 firm has a market cap of $353.53 million, a PE ratio of 8.85 and a beta of 0.56. The firm’s 50 day moving average price is $190.85 and its two-hundred day moving average price is $150.22.

Insider Transactions at PrimeEnergy Resources

In related news, Director Clint Hurt sold 997 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $234.09, for a total value of $233,387.73. Following the completion of the sale, the director now owns 139,766 shares of the company’s stock, valued at approximately $32,717,822.94. The trade was a 0.71 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 61.07% of the stock is currently owned by company insiders.

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.