PrimeEnergy Resources Corporation (NASDAQ: PNRG)

This investigation is for anyone who acquired securities in PrimeEnergy Resources Corporation (NASDAQ: PNRG) prior to May 28, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors that it was losing money on the sale of natural gas.

On May 20, 2026, PrimeEnergy released its first quarter 2026 financial results, revealing that the Company’s “realized natural gas price averaged negative $0.40 per Mcf, resulting in negative gas revenue,” due to “a lack of pipeline capacity in the Permian Basin.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on May 28, 2026, Freedom Broken downgraded PrimeEnergy from Hold to Sell citing weaker first-quarter results, weaker natural gas market conditions and a reduced production outlook. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in PrimeEnergy Resources Corporation (NASDAQ: PNRG) prior to May 28, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.