PrimeEnergy Resources is an independent oil and natural gas company engaged in acquiring, developing and producing oil and natural gas. Co. owns producing and non-producing properties located primarily in Texas, and Oklahoma. All of Co.'s oil and gas properties and interests are located in the U.S. Through its subsidiaries, Prime Operating Company, Eastern Oil Well Service Company and EOWS Midland Company, Co. acts as operator and provides support well-servicing support operations for the onshore oil and gas wells in which it operates, as well as for third parties. Co. is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners. The PNRG YTD return is shown above.
The YTD Return on the PNRG YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether PNRG YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PNRG YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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