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PrimeEnergy Resources Corporation (PNRG) Shareholders Who Lost Money - Contact Law Offices of Howard G. Smith About Securities Fraud InvestigationLaw Offices of Howard G. Smith announces an investigation on behalf of PrimeEnergy Resources Corporation ("PrimeEnergy" or the "Company") (NASDAQ: PNRG) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PRIMEENERGY RESOURCES CORPORATION (PNRG), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Happened? 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.
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