PrimeEnergy Resources Corporation Reports First Quarter 2026 Results; Generates Strong Cash Flow Despite Negative Natural Gas Prices
PrimeEnergy Resources Corporation reported first quarter 2026 net income of $4.3 million and generated approximately $24 million in cash flow despite unprecedented negative natural gas prices averaging -$0.40 per Mcf due to Permian Basin pipeline constraints. The company maintained zero debt, retained full access to its $115 million credit facility…