BNP Paribas Financial Markets Raises Stock Position in PrimeEnergy Resources Co. (NASDAQ:PNRG)

BNP Paribas Financial Markets boosted its stake in shares of PrimeEnergy Resources Co. (NASDAQ:PNRG) by 489.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,238 shares of the oil and natural gas company’s stock after purchasing an additional 1,028 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.07% of PrimeEnergy Resources worth $171,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new stake in PrimeEnergy Resources in the third quarter valued at $47,000. Victory Capital Management Inc. acquired a new stake in PrimeEnergy Resources during the 2nd quarter worth approximately $222,000. Farther Finance Advisors LLC purchased a new position in shares of PrimeEnergy Resources in the 3rd quarter valued at approximately $276,000. Empowered Funds LLC increased its holdings in shares of PrimeEnergy Resources by 41.2% in the third quarter. Empowered Funds LLC now owns 2,838 shares of the oil and natural gas company’s stock valued at $391,000 after purchasing an additional 828 shares during the period. Finally, IFG Advisory LLC purchased a new stake in shares of PrimeEnergy Resources during the second quarter worth approximately $532,000.

PrimeEnergy Resources Stock Down 1.0 %

Shares of NASDAQ:PNRG opened at $185.10 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.01. The firm’s 50-day simple moving average is $182.10 and its 200-day simple moving average is $142.96. The company has a market cap of $317.82 million, a price-to-earnings ratio of 7.96 and a beta of 0.56. PrimeEnergy Resources Co. has a fifty-two week low of $92.40 and a fifty-two week high of $220.50.

PrimeEnergy Resources Company Profile

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.