PRIMEENERGY RESOURCES CORP (PNRG) SEC Filings, Feb-Apr 2026

PrimeEnergy Resources Corporation is an independent oil and natural gas producer focused on horizontal drilling, primarily in the Midland Basin of West Texas and in Oklahoma. The company operates most of its 508 wells and emphasizes maintaining a strong balance sheet and liquidity.

From 2023 through 2025, PrimeEnergy invested roughly $305 million in horizontal development, largely targeting Wolfcamp and Spraberry intervals with multiple joint‑venture partners. Proved reserves were 28,388 MBOE as of December 31, 2025, mostly proved developed. Management highlights significant remaining drilling inventory and potential future investments in West Texas and Oklahoma.

The report also outlines extensive regulatory, environmental, commodity price, operational, cybersecurity and counterparty risks that could affect cash flow, reserve development and access to capital. PrimeEnergy uses hedging to manage price volatility but notes that low or volatile prices, cost inflation and tighter regulation could materially impact its business.

PrimeEnergy Resources Corp director Clint Hurt filed Amendment No. 5 to his Schedule 13D, updating his ownership and recent stock sales. He now beneficially owns 103,787 common shares, equal to 6.3% of the company’s outstanding stock based on 1,635,000 shares outstanding.

The filing shows 300 shares held directly and 103,487 shares held through Clint Hurt & Associates, Inc., which he controls, giving him sole voting and investment power over all reported shares. The amendment reports several open-market sales between $190.02 and $200.22 per share for personal investment purposes.

Hurt states he has no current plans for major corporate changes such as mergers, board changes, or significant asset sales, but reserves the right to buy or sell shares or engage in such transactions in the future.

PrimeEnergy Resources Corporation notified the SEC that it cannot timely file its Form 10-K for the year ended December 31, 2025 because certain data required to complete the report was not available. The company expects to file the Form 10-K on or before the 15th calendar day following the prescribed due date and disclosed it expects a significant decrease in consolidated results primarily due to lower oil prices.

PrimeEnergy Resources Corporation entered into a Fifth Amendment to its senior secured revolving credit facility with Citibank and other lenders. Effective February 24, 2026, the borrowing base under the credit agreement was reaffirmed at $115.0 million as part of a scheduled redetermination.

The amendment adjusts certain terms of the existing Fourth Amended and Restated Credit Agreement but leaves the revolving commitments, collateral, financial covenants and maturity unchanged. As of December 31, 2025 and February 27, 2026, there were no borrowings outstanding, so the full $115.0 million remained available to the company.

PrimeEnergy Resources Corp’s Chairman and CEO, Charles E. Drimal Jr., filed Amendment No. 11 to update his beneficial ownership in the company’s common stock.

He reports beneficial ownership of 1,323,070 shares, which includes 520,644 shares he directly holds, 697,500 options with strike prices between $1.00 and $1.25 that are presently exercisable, and 104,926 shares over which he has sole voting power through voting agreements.

Based on 1,635,000 shares outstanding as of November 12, 2025 plus the 697,500 exercisable options, he may be deemed to beneficially own 56.7% of the outstanding shares. No shares were bought or sold; the amendment mainly reflects the termination of certain prior voting agreements and the execution of new agreements with Jan K. Smeets and the William Nygren Revocable Trust, effective through December 31, 2026. Drimal states he has no dispositive power or pecuniary interest in the shares covered by these voting agreements and no current plans for major corporate changes.

PrimeEnergy Resources Corp director Clint Hurt reported selling 1,976 shares of common stock at $200.22 per share on February 9, 2026. After this sale, he beneficially owns 103,787 shares, including 300 shares held directly and 103,487 shares held indirectly through Clint Hurt and Associates, a privately controlled company.

PrimeEnergy Resources director Clint Hurt reported selling a total of 10,000 shares of common stock in early February 2026. On February 5, 2026, he sold 1,064 shares at $190.02 per share. On February 6, 2026, he sold 3,936 shares at $193.39 and 5,000 shares at $190.15.

After these transactions, Hurt beneficially owned 105,763 shares, reported as directly or indirectly held. This includes 300 direct shares with sole voting and investment power and 105,463 indirect shares held of record by Clint Hurt and Associates, a privately controlled company.

PrimeEnergy Resources Corp’s 10% owner Amrace Inc, an entity associated with Robert de Rothschild, reported selling 1,149 common shares on February 5, 2026 at a weighted average price of $186.75 per share. The shares were sold in multiple trades at prices ranging from $186.20 to $187.01 per share.

After this transaction, Amrace Inc indirectly held 200,757 PrimeEnergy common shares. De Rothschild, the reporting person, disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

A shareholder of PrimeEnergy Resources filed a notice to sell 1976 common shares through RBC Capital Markets on or around 02/09/2026, listed on NASDAQ. The filing shows an aggregate market value of about $395,634 for this planned sale, compared with 1,635,000 shares outstanding.

The seller previously disposed of additional PrimeEnergy Resources shares over the past three months, with multiple transactions between 12/09/2025 and 02/06/2026 generating stated gross proceeds in each case. The signer represents they are not aware of any undisclosed material adverse information about the issuer’s current or future operations.