Is PrimeEnergy Resources Corporation (PNRG) halal? Halal. Based on AAOIFI screening, PrimeEnergy Resources Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

PrimeEnergy Resources Corporation

PNRG: Is PrimeEnergy Resources Corporation Halal?

Halal

PrimeEnergy Resources Corporation

NASDAQEnergyUS

$182.56

+0.14%

Purify ~0.8% of income

About PrimeEnergy Resources Corporation

PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.

Sector: Energy 路 Industry: Oil & Gas Exploration & Production

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
A+

Excellent

Exceptionally strong compliance

93Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap1.4% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your PNRG Dividends

0.8% non-compliant income

PNRG has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

295.4M

Price

$182.56

Sector

Energy

Industry

Oil & Gas Exploration & Production

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Frequently Asked Questions

Is PrimeEnergy Resources Corporation (PNRG) halal to invest in?
Based on AAOIFI Standard 21 screening, PrimeEnergy Resources Corporation (PNRG) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did PrimeEnergy Resources Corporation get a A+ compliance rating?
PrimeEnergy Resources Corporation (PNRG) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 2.6% (limit 30%); prohibited income of 0.77% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change PrimeEnergy Resources Corporation's Shariah verdict?
PrimeEnergy Resources Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is PrimeEnergy Resources Corporation re-screened for Shariah compliance?
PrimeEnergy Resources Corporation (PNRG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.