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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. Cruz

LOS ANGELES--(BUSINESS WIRE)--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.

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 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.

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:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

Industry:

The Law Offices of Frank R. Cruz

NASDAQ:PNRG
Release Versions
English

Contacts

Contact Us:
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

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