PNRG - PrimeEnergy Resources Corp Stock Price, Fair Value and News

103.70USD-3.01 (-2.82%)Delayed

Market Summary

USD103.70-3.01

Delayed

-2.82%

PNRG Alerts

1 major insider sales recently.

PNRG Stock Price

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PNRG RSI Chart

PNRG Valuation

Market Cap

185.1M

Price/Earnings (Trailing)

4.87

Price/Sales (Trailing)

1.21

EV/EBITDA

2.28

Price/Free Cashflow

1.52

PNRG Price/Sales (Trailing)

PNRG Profitability

EBT Margin

30.55%

Return on Equity

22.44%

Return on Assets

11.42%

Free Cashflow Yield

65.69%

PNRG Fundamentals

PNRG Revenue

Revenue (TTM)

153.2M

Rev. Growth (Yr)

89.8%

Rev. Growth (Qtr)

-4.87%

PNRG Earnings

Earnings (TTM)

38.0M

Earnings Growth (Yr)

702.77%

Earnings Growth (Qtr)

92.4%

Breaking Down PNRG Revenue

Last 7 days

0.6%

Last 30 days

3.2%

Last 90 days

11.3%

Trailing 12 Months

28.9%

How does PNRG drawdown profile look like?

PNRG Financial Health

Current Ratio

0.36

Debt/Equity

0.02

Debt/Cashflow

30.39

PNRG Investor Care

Buy Backs (1Y)

4.53%

Diluted EPS (TTM)

14.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	153.2M	0	0	0
2023	153.8M	147.9M	144.0M	132.8M
2022	85.4M	108.9M	130.9M	157.1M
2021	45.3M	50.0M	55.5M	72.5M
2020	106.5M	82.3M	65.9M	58.4M
2019	114.1M	123.2M	122.0M	104.8M
2018	97.3M	98.2M	110.4M	118.1M
2017	64.1M	71.6M	72.2M	89.3M
2016	69.5M	64.0M	59.0M	56.8M
2015	137.0M	127.2M	107.9M	79.1M
2014	128.5M	120.5M	131.3M	144.6M
2013	121.2M	121.1M	124.8M	125.1M
2012	135.0M	136.9M	117.1M	121.0M
2011	120.4M	122.6M	124.9M	127.1M
2010	0	0	0	118.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of PrimeEnergy Resources Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 24, 2024	hurt clint	sold	-87,400	100	-874	-
Apr 23, 2024	hurt clint	sold	-119,071	100	-1,190	-
Apr 22, 2024	hurt clint	sold	-336,834	100	-3,368	-
Apr 19, 2024	hurt clint	sold	-300,180	100	-3,000	-
Apr 18, 2024	hurt clint	sold	-157,035	100	-1,568	-
Mar 12, 2024	de rothschild robert	sold	-23,000	92.00	-250	-
Mar 12, 2024	de rothschild robert	sold	-1,633,000	92.00	-17,750	-
Mar 12, 2024	de rothschild robert	sold	-1,656,000	92.00	-18,000	-
Nov 29, 2023	de rothschild robert	sold	-214,332	106	-2,022	-
Nov 28, 2023	de rothschild robert	sold	-10,706	106	-101	-

Which funds bought or sold PNRG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-39.17	-5,444	7,318	-%
May 16, 2024	COMERICA BANK	unchanged	-	-189	3,108	-%
May 15, 2024	STATE STREET CORP	added	2.86	-22,681	722,301	-%
May 15, 2024	MORGAN STANLEY	reduced	-24.26	-42,006	104,862	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	109	265,899	537,942	-%
May 15, 2024	BARCLAYS PLC	reduced	-18.52	-38,000	128,000	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-9.35	-1,655	9,724	-%
May 15, 2024	WEDBUSH SECURITIES INC	reduced	-0.71	-22,000	321,000	0.01%
May 15, 2024	RBF Capital, LLC	unchanged	-	-34,251	562,904	0.03%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-38,741	636,688	0.01%

Are Funds Buying or Selling PNRG?

Are funds buying PNRG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PNRG

No. of Funds

PNRG Alerts

1 major insider sales recently.

Unveiling PrimeEnergy Resources Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 19, 2024	de rothschild robert	16.2%	295,768	SC 13D/A
Feb 05, 2024	hurt clint	8.58%	155,763	SC 13D/A
Feb 01, 2024	fong gifford	6.18%	112,116	SC 13D
Jan 25, 2024	smeets jan k	4.91%	89,398	SC 13D/A
Jan 25, 2024	drimal charles e jr	48.5%	1,218,144	SC 13D/A
Jan 18, 2024	de rothschild robert	18.05%	15	SC 13D/A
Jan 08, 2024	wehrle gaines	4.6%	82,927	SC 13G/A
Jan 18, 2023	wehrle gaines	5.8%	111,244	SC 13G/A
Jan 11, 2022	wehrle gaines	7.5%	149,945	SC 13G/A
May 18, 2021	wehrle gaines	10.0%	199,252	SC 13G/A

Recent SEC filings of PrimeEnergy Resources Corp

View All Filings

Date Filed	Form Type	Document
May 17, 2024	10-Q	Quarterly Report
May 16, 2024	NT 10-Q	NT 10-Q
Apr 25, 2024	4	Insider Trading
Apr 24, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading
Apr 22, 2024	144	Notice of Insider Sale Intent
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	ARS	ARS
Apr 18, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	10-K	Annual Report

Peers (Alternatives to PrimeEnergy Resources Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	471.7B	341.1B	0.85%	13.11%	14.38	1.38	-16.75%	-46.83%
CVX	300.5B	198.9B	4.03%	5.64%	14.81	1.51	-18.05%	-43.28%
OXY	56.3B	27.7B	-3.83%	8.93%	13.02	2.03	-22.75%	-55.41%
MRO	14.8B	6.6B	-5.31%	13.71%	10.31	2.23	-15.57%	-47.38%
CHK	12.0B	6.4B	5.21%	11.50%	11.38	1.87	-54.63%	-85.10%
MID-CAP
RRC	9.2B	2.2B	8.87%	28.18%	19.03	4.18	-62.59%	-77.29%
HP	3.8B	2.7B	-5.78%	17.60%	10.77	1.38	2.93%	8.77%
CNX	3.7B	2.5B	1.93%	51.75%	3.66	1.46	-6.59%	-31.79%
KOS	2.8B	1.7B	-2.31%	-5.73%	12.58	1.62	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	249.2M	304.0M	-7.64%	-11.90%	8.14	0.82	-28.78%	-93.34%
AMTX	170.5M	257.2M	1.32%	57.38%	-3.85	0.66	7.59%	61.82%
BATL	94.5M	205.5M	5.90%	5.71%	-1.66	0.46	-40.02%	-142.55%
AE	70.6M	2.8B	-3.81%	-20.17%	41.23	0.03	-15.01%	137.22%
BRN	26.1M	24.4M	-6.81%	2.77%	-8.02	1.07	-16.16%	-245.04%

PrimeEnergy Resources Corp News

Latest updates

PrimeEnergy Resources Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.9%	43.00	45.00	35.00	30.00	23.00	56.00	39.00	35.00	26.00	30.00	17.00	12.00	13.00	13.00	12.00	7.00	26.00	21.00	28.00	32.00	24.00
Costs and Expenses	-7.3%	29.00	31.00	24.00	22.00	21.00	29.00	22.00	22.00	25.00	21.00	18.00	15.00	14.00	14.00	18.00	18.00	26.00	24.00	24.00	24.00	28.00
S&GA Expenses	-100.0%	-	8.00	3.00	2.00	3.00	9.00	2.00	2.00	7.00	3.00	2.00	2.00	2.00	2.00	3.00	3.00	8.00	3.00	3.00	3.00	7.00
EBITDA Margin	8.4%	0.54*	0.50*	0.49*	0.50*	0.48*	0.56*	0.66*	0.62*	0.58*	0.45*	0.33*	0.62*	0.53*	-	-	-	-	-	-	-	-
Interest Expenses	42.9%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	1.00	0.00	0.00	0.00	1.00	0.00	1.00	1.00	1.00	1.00
Income Taxes	816.4%	3.00	0.00	2.00	3.00	0.00	-0.91	5.00	3.00	3.00	4.00	-0.19	-1.05	-0.46	2.00	1.00	-3.98	-0.06	0.00	1.00	1.00	-0.73
Earnings Before Taxes	130.9%	14.00	6.00	13.00	13.00	2.00	12.00	18.00	14.00	14.00	11.00	-1.33	-3.47	-1.92	-0.17	8.00	-10.76	-0.26	-1.49	3.00	7.00	-3.76
EBT Margin	18.5%	0.31*	0.26*	0.28*	0.31*	0.30*	0.38*	0.44*	0.35*	0.24*	0.06*	-0.12*	0.06*	-0.10*	-	-	-	-	-	-	-	-
Net Income	92.4%	11.00	6.00	11.00	10.00	1.00	13.00	13.00	11.00	11.00	7.00	-1.16	-2.40	-1.45	-2.36	7.00	-6.27	-0.20	-1.77	3.00	6.00	-3.04
Net Income Margin	17.3%	0.25*	0.21*	0.25*	0.26*	0.25*	0.31*	0.32*	0.26*	0.17*	0.03*	-0.13*	0.01*	-0.08*	-	-	-	-	-	-	-	-
Free Cashflow	12.8%	43.00	38.00	35.00	5.00	31.00	-14.22	20.00	18.00	9.00	10.00	7.00	7.00	5.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	15.4%	333	289	254	244	239	247	213	203	205	211	202	199	199	200	209	219	229	229	243	245	259
Current Assets	1.1%	32.00	32.00	38.00	37.00	41.00	72.00	42.00	29.00	25.00	25.00	19.00	16.00	13.00	9.00	10.00	15.00	23.00	16.00	24.00	21.00	31.00
Cash Equivalents	-84.2%	2.00	11.00	20.00	5.00	14.00	27.00	24.00	11.00	4.00	10.00	4.00	4.00	4.00	1.00	4.00	5.00	6.00	1.00	4.00	3.00	8.00
Net PPE	2.3%	3.00	3.00	215	206	197	5.00	170	173	180	185	182	182	185	191	198	203	206	212	218	223	227
Liabilities	28.1%	163	128	98.00	97.00	100	107	84.00	85.00	96.00	112	109	104	103	102	106	123	127	126	136	139	157
Current Liabilities	36.5%	88.00	65.00	42.00	40.00	44.00	41.00	22.00	25.00	30.00	22.00	27.00	21.00	16.00	14.00	54.00	68.00	70.00	16.00	21.00	24.00	31.00
Long Term Debt	-	4.00	-	-	-	-	11.00	-	-	9.00	36.00	32.00	33.00	37.00	38.00	1.00	1.00	-	54.00	62.00	62.00	74.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	1.00	0.00	40.00	54.00	54.00	-	-	-	0.00
LT Debt, Non Current	-	-	-	-	-	-	11.00	-	-	9.00	36.00	32.00	33.00	37.00	38.00	1.00	1.00	-	54.00	62.00	62.00	74.00
Shareholder's Equity	5.3%	169	161	156	8.00	179	140	164	118	0.00	99.00	93.00	94.00	97.00	98.00	103	96.00	102	103	107	106	102
Retained Earnings	5.5%	217	206	200	189	179	178	164	151	140	129	122	123	125	127	129	123	129	129	131	128	123
Additional Paid-In Capital	0%	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
Accumulated Depreciation	1.1%	24.00	24.00	423	422	23.00	23.00	23.00	23.00	23.00	22.00	-	-	-	21.00	-	-	-	21.00	-	-	-
Shares Outstanding	-1.6%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-	2.00	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	1.00	3.00	3.00	3.00	3.00	3.00	4.00	4.00
Float	-	-	-	-	65.00	-	-	-	59,992	-	-	-	37,002	-	-	-	40.00	-	-	-	118	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	12.8%	43,201	38,291	35,292	4,795	30,637	-14,219	19,866	18,125	9,355	9,793	7,400	6,692	4,732	-1,510	9,086	1,423	7,380	5,748	7,724	13,985	-246
Cashflow From Investing	-16.5%	-53,663	-46,062	-19,077	-10,849	-29,709	8,113	-5,069	220	12,207	-8,058	-7,567	-2,963	-660	2,704	3,487	-4,381	-1,471	795	-4,543	-5,174	-4,545
Cashflow From Financing	220.1%	1,151	-958	-1,478	-2,616	-13,748	8,590	-1,805	-11,354	-27,833	4,988	-6.00	-3,950	-1,050	-4,284	-12,987	1,243	-709	-9,885	-1,645	-14,241	6,727
Buy Backs	205.0%	2,849	934	1,208	2,616	2,748	2,410	1,805	2,354	833	145	-	-	-	1.00	-	-	709	1,380	1,096	2,277	735

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PNRG Income Statement

2023-12-31

Consolidated Statements Of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Revenues and other income:
Interest and other income, net	$ 417	$ 267
Gain (loss) on derivative instruments, net	414	(12,039)
Revenues	132,810	157,113
Costs and expenses:
Oil and gas production	31,892	30,702
Production and advalorem taxes	7,112	7,114
Field service	11,744	11,094
Depreciation, depletion and amortization	30,976	27,401
Accretion of discount on asset retirement obligations	684	667
General and administrative	15,645	20,233
Interest	535	909
Costs and Expenses	98,588	98,120
Income Before Income Taxes	34,222	58,993
Income Tax Provision	6,119	10,329
Net Income attributable to common stockholders	$ 28,103	$ 48,664
Basic (in dollars per share)	$ 15.19	$ 24.91
Diluted (in dollars per share)	$ 10.77	$ 17.95
Basic (in shares)	1,849,780	1,953,916
Diluted (in shares)	2,608,786	2,711,170
Oil Sales [Member]
Revenues and other income:
Revenues	$ 87,906	$ 90,803
Naturals Gas [Member]
Revenues and other income:
Revenues	7,935	18,428
Natural Gas Liquid [Member]
Revenues and other income:
Revenues	11,901	14,887
Oil and Gas Service [Member]
Revenues and other income:
Revenues	15,383	12,978
Gain on disposition of assets, net	$ 8,854	$ 31,789

PNRG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 11,061	$ 26,543
Accounts receivable, net	20,301	12,147
Prepaid obligations	376	32,839
Derivative asset short-term		210
Other current assets	38	38
Total Current Assets	31,776	72,165
Property and Equipment
Oil and gas properties at cost	659,792	555,280
Less: Accumulated depletion and depreciation	(406,913)	(385,811)
Oil and Gas Property, Successful Effort Method, Net	252,879	169,469
Field and office equipment at cost	26,955	27,246
Less: Accumulated depreciation	(23,715)	(22,728)
Property, Plant and Equipment, Net	3,240	4,518
Total Property and Equipment, Net	256,119	173,987
Other assets	673	985
Total Assets	288,568	247,137
Current Liabilities
Accounts payable	15,424	11,451
Accrued liabilities	48,613	25,750
Current portion of asset retirement and other long-term obligations	692	2,566
Derivative liability short-term		1,190
Liabilities, Current	64,809	40,957
Long-Term Bank Debt		11,000
Asset Retirement Obligations	14,707	13,525
Deferred Income Taxes	47,236	39,968
Other Long-Term Obligations	866	1,334
Total Liabilities	127,618	106,784
Commitments and Contingencies
Equity
Common stock, $.10 par value; 2023 and 2022: Authorized: 2,810,000 shares, outstanding 2023: 1,820,100 shares; outstanding 2022: 1,901,000 shares.	281	281
Paid-in capital	7,555	7,555
Retained earnings	205,669	177,566
Treasury stock, at cost; 2023: 989,900 shares; 2022: 909,000	52,555	45,049
Total Stockholders’ Equity	160,950	140,353
Total Liabilities and Equity	288,568	247,137
Related Party [Member]
Current Assets
Due from related parties		388
Current Liabilities
Due to related parties	$ 80	$ 0

About PrimeEnergy Resources Corp

PrimeEnergy Resources Corporation, 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, site-preparation, and construction services for oil and gas drilling and reworking operations. 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.

CEO	Mr. Charles E. Drimal Jr.
WEBSITE	primeenergy.com
INDUSTRY	Oil - E&P
EMPLOYEES	114

PrimeEnergy Resources Corp Frequently Asked Questions

What is the ticker symbol for PrimeEnergy Resources Corp? What does PNRG stand for in stocks?

PNRG is the stock ticker symbol of PrimeEnergy Resources Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PrimeEnergy Resources Corp (PNRG)?

As of Thu May 16 2024, market cap of PrimeEnergy Resources Corp is 185.09 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNRG stock?

You can check PNRG's fair value in chart for subscribers.

What is the fair value of PNRG stock?

You can check PNRG's fair value in chart for subscribers. The fair value of PrimeEnergy Resources Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PrimeEnergy Resources Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PrimeEnergy Resources Corp a good stock to buy?

The fair value guage provides a quick view whether PNRG is over valued or under valued. Whether PrimeEnergy Resources Corp is cheap or expensive depends on the assumptions which impact PrimeEnergy Resources Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNRG.

What is PrimeEnergy Resources Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, PNRG's PE ratio (Price to Earnings) is 4.87 and Price to Sales (PS) ratio is 1.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNRG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PrimeEnergy Resources Corp's stock?

In the past 10 years, PrimeEnergy Resources Corp has provided 0.061 (multiply by 100 for percentage) rate of return.