The Law Offices of Frank R. Cruz announces an investigation of PrimeEnergy Resources Corporation (“PrimeEnergy” or the “Company”) (NASDAQ: PNRG) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
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, PrimeEnergy’s stock price fell $18.92, or 7.1%, to close at $245.98 per share on May 20, 2026, thereby injuring investors.

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, PrimeEnergy’s stock price fell $55.57, or 23.9%, to close at $176.99 per share on May 28, 2026, thereby injuring investors further.