PrimeEnergy Resources Corporation announced a net income of $22,076,000 for the third quarter ended September 30, 2024. For the nine months ended September 30, 2024, the company reported a net income of $53,127,000. These figures represent $8.80 and $20.93 per share on a fully diluted basis for the respective periods.
As of November 14, 2024, the total outstanding shares, including outstanding options, stood at 2,485,000. The company's total assets at September 30, 2024, reached $345,588,000, marking an increase from $288,568,000 reported at December 31, 2023.
The report provides a snapshot of the company's financial health and asset expansion during the period. PrimeEnergy Resources Corporation is an independent oil and natural gas company primarily engaged in acquisition, development, and production activities in Texas.
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