Wehrle Amends PNRG Stake: Holds 82,927 Shares as of Dec 31
Ticker: PNRG · Form: SC 13G/A · Filed: Jan 8, 2024 · CIK: 56868
| Field | Detail |
|---|---|
| Company | Primeenergy Resources Corp (PNRG) |
| Form Type | SC 13G/A |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-holdings, ownership-update, individual-investor
TL;DR
**Individual investor Wehrle now holds 82,927 shares of PNRG.**
AI Summary
Ebersole Gaines Wehrle, an individual investor, filed an amended SC 13G/A on January 8, 2024, disclosing beneficial ownership of 82,927 shares of PrimeEnergy Resources Corporation (PNRG) common stock as of December 31, 2023. This represents a change from previous filings, indicating a potential reduction or consolidation of their stake. This matters to investors because it shows a significant individual holder's current position, which can influence market perception and liquidity for PNRG stock.
Why It Matters
This filing updates the public on a significant individual investor's holdings in PrimeEnergy Resources, providing transparency on their current level of influence and commitment to the company.
Risk Assessment
Risk Level: low — This filing is a routine update on an individual's ownership stake and does not indicate any immediate significant risk to the company or its stock.
Analyst Insight
Investors should note this filing as an update on a significant individual holder's position. While not indicating a major shift, it provides current transparency. Monitor future 13G/A filings for any substantial changes in ownership that could signal a change in investor sentiment or strategy.
Key Numbers
- 82,927 — Shares Beneficially Owned (This is the total number of PrimeEnergy Resources Corporation shares Ebersole Gaines Wehrle reported owning.)
- $0.10 — Par Value Per Share (This is the stated par value of PrimeEnergy Resources Corporation's Common Stock.)
Key Players & Entities
- Ebersole Gaines Wehrle (person) — the reporting person and beneficial owner
- PrimeEnergy Resources Corporation (company) — the issuer of the securities
- 82,927 (dollar_amount) — number of shares beneficially owned
- December 31, 2023 (date) — date of event requiring the filing
Forward-Looking Statements
- Ebersole Gaines Wehrle will maintain a significant, but non-controlling, stake in PrimeEnergy Resources Corporation. (Ebersole Gaines Wehrle) — medium confidence, target: Q4 2024
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Ebersole Gaines Wehrle, as stated in 'NAMES OF REPORTING PERSONS' on Page 2 of 5 Pages.
What is the name of the issuer whose securities are being reported?
The issuer is PrimeEnergy Resources Corporation, as identified under 'Name of Issuer' on the Schedule 13G form.
How many shares of PrimeEnergy Resources Corporation Common Stock does Ebersole Gaines Wehrle beneficially own?
Ebersole Gaines Wehrle beneficially owns 82,927 shares, as indicated in 'AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON' (Row 9) on Page 2 of 5 Pages.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as stated on the cover page of the Schedule 13G.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock, par value $0.10 (per share), is 74158E104, as listed on the Schedule 13G cover page.
Filing Stats: 1,030 words · 4 min read · ~3 pages · Grade level 8.3 · Accepted 2024-01-08 16:05:17
Key Financial Figures
- $0.10 — me of Issuer) Common Stock, par value $0.10 (per share) (Title of Class of Securi
Filing Documents
- pnrg_sc13ga.htm (SC 13G/A) — 59KB
- 0001640334-24-000022.txt ( ) — 60KB
From the Filing
SC 13G/A 1 pnrg_sc13ga.htm SC 13G/A pnrg_sc13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 5 )* PrimeEnergy Resources Corporation (Name of Issuer) Common Stock, par value $0.10 (per share) (Title of Class of Securities) 74158E104 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP No. 74158E104 Page 2 of 5 Pages 1 NAMES OF REPORTING PERSONS Ebersole Gaines Wehrle 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 82,927 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 82,927 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 82,927 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.6% (1) 12 TYPE OF REPORTING PERSON (See Instructions) IN ___________ (1) This percentage is based on 1,820,576 shares of the Issuer's Common Stock outstanding as of November 13, 2023 , as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 , filed with the U.S. Securities and Exchange Commission on November 17, 2023 . SCHEDULE 13G CUSIP No. 74158E104 Page 3 of 5 Pages Item 1. (a) Name of Issuer: PrimeEnergy Resources Corporation (b) Address of Issuer's principal executive offices: 9821 Katy Freeway Houston, Texas 77024 Item 2. (a) Name of persons filing: Ebersole Gaines Wehrle (b) Address or principal business office or, if none, residence: 801 Amalfi Drive Pacific Palisades, California 90272 (c) Citizenship: United States of America (d) Title of class of securities: Common Stock, par value $0.10 (per share) (e) CUSIP No.: 74158E104 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ________. SCHEDULE 13G CUSIP No. 74158E104 Page 4 of 5 Pages Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: 82,927 (b) Percent of class: 4.6 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 82,927 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 82,927 (iv) Shared power to dispose or to direct the disposition of: 0 The percent of class is based on 1,820,576 shares of the Issuer's Common Stock outstanding as of November 13, 2023 , as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 , filed with the U.S. Securities and Exchange Commission on November 17, 2023 . Item 5. If th