PrimeEnergy Moves To 3Q Loss As Gas Prices Fall
Stock quotes in this article:
PNRG
STAMFORD, Conn. (AP) PrimeEnergy Corp. on Friday moved to a loss in the third quarter as oil and gas prices fell, dragging results down.
The company, based in Stamford, Conn., lost $2.3 million, or 76 cents per share, in the quarter that ended Sept. 30. That is compared with a profit of $2.1 million, or 54 cents per share, a year earlier. Revenue fell 45 percent to $23.3 million from $42.4 million. The oil and gas company said gas revenue dropped 62 percent to $7.3 million from $19.5 million. It shares closed unchanged Friday at $33.73.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,318.16 | 1,091.38 | 2,146.04 | 33.56 |
Oil *
77.53
|
|
DOWN
14.28
|
DOWN
3.52
|
DOWN
10.78
|
UP
0.07
|
10 Yr
3.36%
SPDR Gold
112.94
|
|
-0.14%
|
-0.32%
|
-0.50%
|
+0.21%
|
Data delayed 20 minutes |
