PrimeEnergy Resources Q2 EPS $7.77 Up From $3.82 YoY, Sales $64.83M Up From $35.72M YoY
Portfolio Pulse from Benzinga Newsdesk
PrimeEnergy Resources (NASDAQ:PNRG) reported a significant increase in Q2 earnings and sales. EPS rose to $7.77 from $3.82 YoY, and sales increased to $64.83M from $35.72M YoY.
August 14, 2024 | 3:28 pm
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PrimeEnergy Resources reported a 103.4% increase in Q2 EPS to $7.77 and an 81.49% increase in sales to $64.83M YoY.
The significant YoY increase in both EPS and sales indicates strong financial performance, likely leading to a positive short-term impact on PNRG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100