{"success":true,"data":{"pressRelease":{"id":"52767","rtpr_id":"nBwb6PMC4a","ticker":"PNRG","exchange":"NASDAQ","all_tickers":["PNRG"],"title":"Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz","author":"Business Wire","published_at":"2026-06-02T16:47:00.071Z","article_body":"Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG)\nAnnounced – Shareholders Who Lost Money Urged To Contact The Law Offices of\nFrank R. Cruz\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=The+Law+Offices+of+Frank+R.+Cruz&index=1&md5=30a252bcde1876912a955a8e07b3bab9)\nannounces an investigation of PrimeEnergy Resources Corporation\n(“PrimeEnergy” or the “Company”) (NASDAQ: PNRG\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fpnrg&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=PNRG&index=2&md5=adbf7de2997b3eb8474753454c54e225)\n) on behalf of investors concerning the Company’s possible violations of\nfederal securities laws.\n\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMEENERGY RESOURCES CORPORATION\n(PNRG), CLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fprimeenergy-resources-corporation%2F&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=HERE&index=3&md5=686c2cd878c6089e9774c6e50a2658df)\nTO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.\n\nWhat Is The Investigation About?\n\nOn May 20, 2026, PrimeEnergy released its first quarter 2026 financial\nresults, revealing that the Company’s “realized natural gas price averaged\nnegative $0.40 per Mcf, resulting in negative gas revenue,” due to “a lack\nof pipeline capacity in the Permian Basin.\"\n\nOn this news, PrimeEnergy’s stock price fell $18.92, or 7.1%, to close at\n$245.98 per share on May 20, 2026, thereby injuring investors.\n\nThen, on May 28, 2026, Freedom Broken downgraded PrimeEnergy from Hold to Sell\nciting weaker first-quarter results, weaker natural gas market conditions and\na reduced production outlook.\n\nOn this news, PrimeEnergy’s stock price fell $55.57, or 23.9%, to close at\n$176.99 per share on May 28, 2026, thereby injuring investors further.\n\nContact Us To Participate or Learn More:\n\nIf you purchased PrimeEnergy securities, have information or would like to\nlearn more about these claims, or have any questions concerning this\nannouncement or your rights or interests with respect to these matters, please\ncontact us:\n\nThe Law Offices of Frank R. Cruz,\n\n2121 Avenue of the Stars, Suite 800,\n\nCentury City, California 90067\n\nCall us at: 310-914-5007\n\nEmail us at: info@frankcruzlaw.com \n(mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=www.frankcruzlaw.com&index=4&md5=90a5b9bf8422411b737612f30bcd924f)\n.\n\nFollow us for updates on Twitter at twitter.com/FRC_LAW\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=twitter.com%2FFRC_LAW&index=5&md5=cfd83dbd8ef5d774f75fa0d53674a47d)\n.\n\nIf you inquire by email, please include your mailing address, telephone\nnumber, and number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260602399937/en/\n(https://www.businesswire.com/news/home/20260602399937/en/)\n\nContact Us: \n\nThe Law Offices of Frank R. Cruz, Los Angeles\n\nFrank R. Cruz\n\n310-914-5007\n\nfcruz@frankcruzlaw.com \n(mailto:fcruz@frankcruzlaw.com) \nwww.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=www.frankcruzlaw.com&index=6&md5=e7c6271eba81abbbb83da8a0842efc0e)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwb6PMC4a","title":"Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz","author":"Business Wire","ticker":"PNRG","created":"2026-06-02T16:47:00.071Z","tickers":["PNRG"],"exchange":"NASDAQ","article_body":"Securities Fraud Investigation Into PrimeEnergy Resources Corporation (PNRG)\nAnnounced – Shareholders Who Lost Money Urged To Contact The Law Offices of\nFrank R. Cruz\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=The+Law+Offices+of+Frank+R.+Cruz&index=1&md5=30a252bcde1876912a955a8e07b3bab9)\nannounces an investigation of PrimeEnergy Resources Corporation\n(“PrimeEnergy” or the “Company”) (NASDAQ: PNRG\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fpnrg&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=PNRG&index=2&md5=adbf7de2997b3eb8474753454c54e225)\n) on behalf of investors concerning the Company’s possible violations of\nfederal securities laws.\n\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMEENERGY RESOURCES CORPORATION\n(PNRG), CLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fprimeenergy-resources-corporation%2F&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=HERE&index=3&md5=686c2cd878c6089e9774c6e50a2658df)\nTO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.\n\nWhat Is The Investigation About?\n\nOn May 20, 2026, PrimeEnergy released its first quarter 2026 financial\nresults, revealing that the Company’s “realized natural gas price averaged\nnegative $0.40 per Mcf, resulting in negative gas revenue,” due to “a lack\nof pipeline capacity in the Permian Basin.\"\n\nOn this news, PrimeEnergy’s stock price fell $18.92, or 7.1%, to close at\n$245.98 per share on May 20, 2026, thereby injuring investors.\n\nThen, on May 28, 2026, Freedom Broken downgraded PrimeEnergy from Hold to Sell\nciting weaker first-quarter results, weaker natural gas market conditions and\na reduced production outlook.\n\nOn this news, PrimeEnergy’s stock price fell $55.57, or 23.9%, to close at\n$176.99 per share on May 28, 2026, thereby injuring investors further.\n\nContact Us To Participate or Learn More:\n\nIf you purchased PrimeEnergy securities, have information or would like to\nlearn more about these claims, or have any questions concerning this\nannouncement or your rights or interests with respect to these matters, please\ncontact us:\n\nThe Law Offices of Frank R. Cruz,\n\n2121 Avenue of the Stars, Suite 800,\n\nCentury City, California 90067\n\nCall us at: 310-914-5007\n\nEmail us at: info@frankcruzlaw.com \n(mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=www.frankcruzlaw.com&index=4&md5=90a5b9bf8422411b737612f30bcd924f)\n.\n\nFollow us for updates on Twitter at twitter.com/FRC_LAW\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=twitter.com%2FFRC_LAW&index=5&md5=cfd83dbd8ef5d774f75fa0d53674a47d)\n.\n\nIf you inquire by email, please include your mailing address, telephone\nnumber, and number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260602399937/en/\n(https://www.businesswire.com/news/home/20260602399937/en/)\n\nContact Us: \n\nThe Law Offices of Frank R. Cruz, Los Angeles\n\nFrank R. Cruz\n\n310-914-5007\n\nfcruz@frankcruzlaw.com \n(mailto:fcruz@frankcruzlaw.com) \nwww.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com&esheet=54546384&newsitemid=20260602399937&lan=en-US&anchor=www.frankcruzlaw.com&index=6&md5=e7c6271eba81abbbb83da8a0842efc0e)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-02T16:47:00.122519576Z","server_sent_at_ms":1780418820122},"received_at":"2026-06-02T16:47:00.190Z","source_url":"https://www.businesswire.com/news/home/20260602399937/en/"},"analysis":{"id":"42199","press_release_id":"52767","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"legal_litigation","narrative":"The Law Offices of Frank R. Cruz announced a securities fraud investigation into PrimeEnergy Resources (PNRG) on behalf of investors.\n\nThe firm cites PNRG's Q1 2026 results, which revealed negative gas revenue due to a lack of pipeline capacity in the Permian Basin, causing a 7.1% stock drop.\n\nA subsequent downgrade by Freedom Broken on May 28 triggered a further 23.9% decline, prompting the firm to urge shareholders with losses to contact them.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"stock_drop_may20":"$18.92","stock_drop_may28":"$55.57","stock_close_may20":"$245.98","stock_close_may28":"$176.99","realized_gas_price":"-$0.40 per Mcf","stock_drop_pct_may20":"7.1%","stock_drop_pct_may28":"23.9%"}},"quotedText":"IF YOU ARE AN INVESTOR WHO LOST MONEY ON PRIMEENERGY RESOURCES CORPORATION (PNRG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.","namedEntities":{"people":[{"name":"Frank R. Cruz","role":"Attorney / Law Firm Principal"}],"products":[],"companies":[{"name":"PrimeEnergy Resources Corporation","ticker":"PNRG","relationship":"target of investigation"},{"name":"The Law Offices of Frank R. Cruz","relationship":"plaintiff law firm"},{"name":"Freedom Broken","relationship":"analyst firm"}],"dollarAmounts":[{"amount":"$18.92","context":"stock price drop on May 20"},{"amount":"$245.98","context":"stock closing price on May 20"},{"amount":"$55.57","context":"stock price drop on May 28"},{"amount":"$176.99","context":"stock closing price on May 28"},{"amount":"-$0.40","context":"realized natural gas price per Mcf"}]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation issued by The Law Offices of Frank R. Cruz. It contains no new disclosure from the issuer, no certified class, and no settlement. Per guardrails, such releases are scored as low-impact noise."},"tickerRelevance":{"others":[],"primary":"PNRG"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","sectorWeight":"low","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"The Law Offices of Frank R. 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