---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-006089"
form_type: "8-K"
ticker: "PNRG"
cik: "0000056868"
company_name: "PRIMEENERGY RESOURCES CORP"
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T23:17:10.809621+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# PrimeEnergy reaffirms $115M borrowing base, reduces margin by 50 bps in credit amendment

## Summary
- Borrowing base reaffirmed at $115M; no borrowings outstanding as of Feb 27, 2026.
- SOFR loan margin reduced by 50 bps (now 2.75%-3.75%); ABR margin reduced similarly.
- Commodity hedging covenant utilization threshold raised from 25% to 30%.
- Lender commitments total $300M; aggregate credit facility unchanged.

## SEC filing metadata
- accession: 0001437749-26-006089
- form_type: 8-K
- ticker: PNRG
- cik: 0000056868
- company_name: PRIMEENERGY RESOURCES CORP
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56868/000143774926006089/0001437749-26-006089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56868/000143774926006089/pnrg20260227_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-006089
- JSON: https://secwatch.observer/filing/0001437749-26-006089.json
- Plain text: https://secwatch.observer/filing/0001437749-26-006089.txt

## Key facts
- Material Agreements
  PRIMEENERGY RESOURCES CORP amended Fifth Amendment with Citibank, N.A., as administrative agent, and the lenders party thereto (effective 2026-02-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent, and the lenders party thereto
  - Effective: 2026-02-24
  source text: On February 24, 2026, PrimeEnergy Resources Corporation (the “Company”), as borrower, entered into a Fifth Amendment (the “Amendment”) to its Fourth Amended and Restated Credit Agreement, dated as of July 5, 2022 (as previously amended, the “Credit Agreement”), with Citibank, N.A., as administrative agent, and the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56868/000143774926006089/0001437749-26-006089-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.