This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More ”
Companies with no long-term debt rarely get into serious trouble. PrimeEnergy Resources (PNRG) is one of those companies with no long-term debt. An upstream company that operates in such a fashion often has
Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of PNRG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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