San Diego, CA -- (SBWIRE) -- 01/17/2018 -- An investigation was announced on behalf of investors in NASDAQ:PNRG shares over potential breaches of fiduciary duties by certain officers and directors at PrimeEnergy.

Investors who purchased shares of PrimeEnergy Corporation (NASDAQ:PNRG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain PrimeEnergy Corporation (NASDAQ:PNRG officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Houston, TX based PrimeEnergy Corporation is an independent oil and natural gas company that is engaged in acquiring, developing and producing oil and natural gas. PrimeEnergy Corporation reported that its annual Total Revenue declined from $79.11 million in 2015 to $56.77 million in 2016 and that its Net Loss of $12.78 million in 2015 turned into a Net Income of $3.44 milion in 2016.

Shares of PrimeEnergy Corporation (NASDAQ:PNRG) closed on January 16, 2018, at $49.20 per share.

Those who purchased shares of PrimeEnergy Corporation (NASDAQ:PNRG), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com