PrimeEnergy Resources Corporation, a prominent player in the energy sector, is headquartered in the United States. Founded in 1979, the company has established a strong presence in oil and natural gas exploration and production, primarily operating in key regions such as the Appalachian Basin and the Gulf Coast. Specialising in the development of oil and gas reserves, PrimeEnergy is recognised for its commitment to sustainable practices and innovative extraction techniques. The company’s core offerings include upstream oil and gas services, which are distinguished by their focus on efficiency and environmental responsibility. With a solid market position, PrimeEnergy has achieved significant milestones, including successful drilling projects and strategic acquisitions that enhance its operational capabilities. As a result, the company continues to be a respected name in the energy industry, known for its reliability and expertise.
How does PrimeEnergy Resources Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
PrimeEnergy Resources Corporation's score of 6 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PrimeEnergy Resources Corporation, headquartered in the US, has demonstrated a commitment to reducing its carbon emissions, particularly in Scope 2 emissions. In the most recent reporting period, the company achieved a significant reduction of approximately 17.9% in Scope 2 emissions compared to the previous year, based on the same scope of 11 properties. This reduction reflects the company's ongoing efforts to enhance energy efficiency and transition to cleaner energy sources. While specific emissions data for the latest year is not available, the reduction initiative highlights PrimeEnergy's proactive approach to climate commitments. The company has not yet established Science-Based Targets Initiative (SBTi) targets, but its focus on reducing Scope 2 emissions indicates a strategic direction towards sustainability. Overall, PrimeEnergy Resources Corporation is taking meaningful steps to address its carbon footprint, particularly in the context of its operational emissions.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
PrimeEnergy Resources Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.