PrimeEnergy Resources is an independent oil and natural gas company engaged in acquiring, developing and producing oil and natural gas. Co. owns producing and non-producing properties located primarily in Texas, Oklahoma and West Virginia. Through its subsidiaries, Co. acts as operator and provides well servicing support operations for several of the onshore oil and gas wells in which Co. has an interest, as well as for third parties. Co.'s subsidiary, PrimeEnergy Management Corporation, acts as the managing general partner of three oil and gas limited partnerships, and acts as the managing trustee of two asset and income business trusts. The PNRG stock yearly return is shown above.
The yearly return on the PNRG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PNRG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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