PrimeEnergy Resources Corporation (PNRG)

99.78 -2.45 (-2.40%) At close: 04:00PM EDT

PrimeEnergy Resources Corporation

9821 Katy Freeway
Houston, TX 77024
United States
713 735 0000
https://primeenergy-resources-corporation.ir.rdgfilings.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 115

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Charles E. Drimal Jr.	President, CEO & Chairman	4.47M	N/A	1948
Virginia M. Forese	Corporate Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. PrimeEnergy Resources Corporation was incorporated in 1973 and is headquartered in Houston, Texas.

Corporate governance

PrimeEnergy Resources Corporation’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 6; Board: 10; Shareholder rights: 2; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.