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PrimeEnergy (US:PNRG) — Company Overview, News & Financial Data

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Company profile

PrimeEnergy

PrimeEnergy (NASDAQ:PNRG) is an energy company engaged in the exploration, development, and production of crude oil and natural gas. The company focuses on acquiring and developing oil and gas properties to enhance its production capabilities. It operates primarily in the United States with various projects aimed at tapping into significant energy resources. PrimeEnergy's objectives revolve around optimizing resource extraction, expanding its asset base through strategic acquisitions, and ensuring environmental responsibility in its operations. By leveraging advanced technologies and innovative techniques, the company aims to maximize the potential of its oil and gas reserves while maintaining a commitment to safety and sustainability in its exploration and production activities.

Snapshot

Public USOwnership
1973Year founded
114Employees
Stamford, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of PrimeEnergy

  • Exploration and production of crude oil and natural gas, focusing on increasing reserves and enhancing productivity.
  • Management and development of onshore oil and gas properties across various U.S. regions.
  • Oil and gas marketing services, optimizing the sale and distribution of produced hydrocarbons.
  • Seismic acquisition and 3D survey services, aiding in the identification of potential oil and gas reserves.
  • Drilling services, providing expertise and equipment for efficient hydrocarbon extraction.
  • Renewable energy projects, exploring sustainable alternatives and diversification of energy resources.

PrimeEnergy executive team

  • Mr. Charles E. Drimal Jr.President, CEO & Chairman
  • Ms. Beverly A. Cummings CPAExecutive VP, CFO, Treasurer, Principal Financial Officer & Director
  • Ms. Virginia M. ForeseCorporate Secretary