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, and Oklahoma. Through its subsidiaries Prime Operating Company, Eastern Oil Well Service Company and EOWS Midland Company, Co. acts as operator and provides well-servicing support operations for 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 oil and gas limited partnerships, and acts as the managing trustee of 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 2021 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).
|