Primeenergy Corp (PNRG) Files Form 4 Insider Buying : Clint Hurt Buys 100 Shares

Primeenergy Corp (PNRG): Clint Hurt , director of Primeenergy Corp purchased 100 shares on Apr 11, 2016. The Insider buying transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $32.90 per share for a total value of $3,290.00 according the SEC Form 4 Filing.

Currently the company Insiders own 88.87% of PrimeEnergy Corporation shares according to the proxy statements.Institutional Investors own 1.98% of PrimeEnergy Corporation shares.

PrimeEnergy Corporation: On Monday, Apr 11, 2016 heightened volatility was witnessed in PrimeEnergy Corporation which led to swings in the share price. The shares opened for trading at $32.92 and hit $32.92 on the upside , eventually ending the session at $32.4, with a gain of 17.82% or 4.9 points. The heightened volatility saw the trading volume jump to 275 shares. The 52-week high of the share price is $77 and the company has a market cap of $75 M . The 52-week low of the share price is at $27.5.

PrimeEnergy Corporation Money Flow Index Chart

PrimeEnergy Corporation is an independent oil and natural gas company. The Company is engaged in acquiring developing and producing oil and natural gas. It owns producing and non-producing properties located in Texas Oklahoma West Virginia New Mexico Colorado and Louisiana. All of the Company’s oil and gas properties and interests are located in the United States. Through its subsidiaries Prime Operating Company Southwest Oilfield Construction Company Eastern Oil Well Service Company and EOWS Midland Company the Company acts as an operator and provides well servicing support operations for the onshore oil and gas wells in which the Company has an interest as well as for third parties. The Company has owned and operated properties in the Gulf of Mexico through its subsidiary Prime Offshore L.L.C. The Company is also engaged in the acquisition of producing oil and gas properties through joint ventures with industry partners.

Leave a Reply

PrimeEnergy Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on PrimeEnergy Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.