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Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG) Announced - Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. CruzThe 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. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMEENERGY RESOURCES CORPORATION (PNRG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation Abut? 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. Contact Us To Participate or Learn More:
If you purchased PrimeEnergy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
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View source version on businesswire.com: https://www.businesswire.com/news/home/20260602399937/en/ |

