{"id":14953,"date":"2026-06-02T21:47:00","date_gmt":"2026-06-02T19:47:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=2c8b9be9dab38dbfbb730e94543759e6"},"modified":"2026-06-02T21:47:00","modified_gmt":"2026-06-02T19:47:00","slug":"securities-fraud-investigation-into-primeenergy-resources-corporation-pnrg-announced-shareholders-who-lost-money-urged-to-contact-the-law-offices-of-frank-r-cruz","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=14953","title":{"rendered":"Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG) Announced \u2013 Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> announces an investigation of PrimeEnergy Resources Corporation (\u201cPrimeEnergy\u201d or the \u201cCompany\u201d) (NASDAQ: PNRG<\/a>) on behalf of investors concerning the Company\u2019s possible violations of federal securities laws.<\/p><\/a><\/a>

\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMEENERGY RESOURCES CORPORATION (PNRG), CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.<\/b><\/p>

\nWhat Is The Investigation About?<\/b><\/p>

\nOn May 20, 2026, PrimeEnergy released its first quarter 2026 financial results, revealing that the Company\u2019s \u201crealized natural gas price averaged negative $0.40 per Mcf, resulting in negative gas revenue,\u201d due to \u201ca lack of pipeline capacity in the Permian Basin.\"<\/p>

\nOn this news, PrimeEnergy\u2019s stock price fell $18.92, or 7.1%, to close at $245.98 per share on May 20, 2026, thereby injuring investors.<\/p>

\nThen, on May 28, 2026, Freedom Broken downgraded PrimeEnergy from Hold to Sell citing weaker first-quarter results, weaker natural gas market conditions and a reduced production outlook.<\/p>

\nOn this news, PrimeEnergy\u2019s stock price fell $55.57, or 23.9%, to close at $176.99 per share on May 28, 2026, thereby injuring investors further.<\/p>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you purchased PrimeEnergy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:\nThe Law Offices of Frank R. Cruz,\n2121 Avenue of the Stars, Suite 800,\nCentury City, California 90067\nCall us at: 310-914-5007\nEmail us at: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a>.\nFollow us for updates on Twitter at twitter.com\/FRC_LAW<\/a>.<\/p>

\nIf you inquire by email, please include your mailing address, telephone number, and number of shares purchased.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nContact Us:<\/b>The Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz\n310-914-5007\nfcruz@frankcruzlaw.com<\/a>www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of PrimeEnergy Resources Corporation (\u201cPrimeEnergy\u201d or the \u201cCompany\u201d) (NASDAQ: PNRG) on behalf of investors concerning the Company\u2019s possible violations of federa…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14953","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14953"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14953\/revisions"}],"predecessor-version":[{"id":14954,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/14953\/revisions\/14954"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}