Zacks Initiates Coverage of PrimeEnergy With Neutral Recommendation

Zacks Investment Research has recently initiated the coverage of PrimeEnergy Resources Corporation (PNRG) with a "Neutral" recommendation. The independent oil and natural gas company has shown significant growth and operational efficiency, becoming a noteworthy player in the oil and gas industry. PNRG has been proactive in acquiring assets to expand its operational footprint and diversify its revenue streams. The company's total assets grew to $332.9 million as of Mar 31, 2024, from$288.6 million at the en ...