PrimeEnergy Corp (PNRG) Reports Q1 Loss of $0.81/Share

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PrimeEnergy Corporation Announces First Quarter Results

May 16, 2016 5:22 PM EDT

HOUSTON--(BUSINESS WIRE)-- PrimeEnergy Corporation (NASDAQ: PNRG) announced today the following unaudited results for the quarters ended March 31, 2016 and 2015:

        Three Months Ended March 31, 2016       2015      

Increase /(Decrease)

Revenues (In 000s) $       13,162 $       22,795 $         (9,633 ) Net Income (In 000s) $ (1,860 ) $ 13 $ (1,847 ) Earnings per Common Share: Basic $ (0.81 ) $ 0.01 $ (0.80 ) Diluted... More