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

103.98USD+0.07 (+0.07%)Delayed

Market Summary

USD103.98+0.07

Delayed

0.07%

PNRG Alerts

1 major insider sales recently.

PNRG Stock Price

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PNRG RSI Chart

PNRG Valuation

Market Cap

186.1M

Price/Earnings (Trailing)

6.62

Price/Sales (Trailing)

1.4

EV/EBITDA

2.66

Price/Free Cashflow

1.71

PNRG Price/Sales (Trailing)

PNRG Profitability

EBT Margin

25.77%

Return on Equity

17.46%

Return on Assets

9.74%

Free Cashflow Yield

58.56%

PNRG Fundamentals

PNRG Revenue

Revenue (TTM)

132.8M

Rev. Growth (Yr)

-19.84%

Rev. Growth (Qtr)

27.81%

PNRG Earnings

Earnings (TTM)

28.1M

Earnings Growth (Yr)

-56.05%

Earnings Growth (Qtr)

-45.12%

Breaking Down PNRG Revenue

Last 7 days

1.5%

Last 30 days

3.1%

Last 90 days

8.9%

Trailing 12 Months

19.6%

How does PNRG drawdown profile look like?

PNRG Financial Health

Current Ratio

0.49

PNRG Investor Care

Buy Backs (1Y)

7.37%

Diluted EPS (TTM)

10.77

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
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 08, 2024	Russell Investments Group, Ltd.	sold off	-100	-638	-	-%
May 08, 2024	GREAT LAKES ADVISORS, LLC	new	-	241,602	241,602	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-19.95	-76,793	236,089	-%
May 07, 2024	Empowered Funds, LLC	added	100	189,242	403,006	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	unchanged	-	-25,000	422,000	-%
May 06, 2024	LSV ASSET MANAGEMENT	unchanged	-	-11,000	170,000	-%
May 03, 2024	Avion Wealth	sold off	-100	-1,000	-	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	sold off	-100	-108,371	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	Janney Montgomery Scott LLC	added	8.57	18,000	772,000	-%

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
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
Apr 02, 2024	NT 10-K	NT 10-K
Mar 27, 2024	4/A	Insider Trading

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	467.0B	341.1B	-2.21%	9.99%	14.24	1.37	-16.75%	-46.83%
CVX	305.6B	198.9B	2.14%	5.33%	15.06	1.54	-18.05%	-43.28%
OXY	57.0B	27.7B	-6.27%	13.02%	13.18	2.06	-22.75%	-55.41%
MRO	15.3B	6.6B	-7.17%	19.89%	10.69	2.32	-15.57%	-47.38%
CHK	11.6B	6.4B	-1.79%	13.64%	10.96	1.8	-54.63%	-85.10%
MID-CAP
RRC	9.0B	2.2B	1.91%	47.15%	18.59	4.08	-62.59%	-77.29%
HP	3.9B	2.7B	-8.87%	25.78%	10.99	1.41	2.93%	8.77%
CNX	3.6B	2.5B	-3.50%	52.68%	3.57	1.43	-6.59%	-31.79%
KOS	2.9B	1.7B	-0.64%	-0.96%	13.11	1.68	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	262.2M	304.0M	-4.88%	-3.21%	8.57	0.86	-28.78%	-93.34%
AMTX	182.5M	257.2M	-16.19%	136.42%	-4.12	0.71	7.59%	61.82%
BATL	96.3M	220.8M	-18.34%	-11.63%	-31.58	0.44	-38.52%	-116.44%
AE	73.1M	2.8B	-4.35%	-14.79%	42.7	0.03	-15.01%	137.22%
BRN	27.7M	23.9M	11.74%	2.99%	-10.2	1.16	-21.86%	-149.09%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	27.8%	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	38.00
Costs and Expenses	27.1%	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	29.00
S&GA Expenses	178.5%	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	3.00
EBITDA Margin	-21.4%	0.50*	0.63*	0.64*	0.61*	0.70*	0.66*	0.62*	0.58*	0.45*	0.33*	0.62*	0.53*	0.47*	-	-	-	-	-	-	-	-
Interest Expenses	5.3%	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	1.00
Income Taxes	-86.2%	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	1.00
Earnings Before Taxes	-52.6%	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	8.00
EBT Margin	-28.7%	0.26*	0.36*	0.39*	0.38*	0.47*	0.44*	0.35*	0.24*	0.06*	-0.12*	0.06*	-0.10*	-0.05*	-	-	-	-	-	-	-	-
Net Income	-45.1%	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	7.00
Net Income Margin	-33.5%	0.21*	0.32*	0.33*	0.32*	0.39*	0.32*	0.26*	0.17*	0.03*	-0.13*	0.01*	-0.08*	-0.04*	-	-	-	-	-	-	-	-
Free Cashflow	8.5%	38.00	35.00	5.00	31.00	-14.22	20.00	18.00	9.00	10.00	7.00	7.00	5.00	-1.51	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	13.8%	289	254	244	239	247	213	203	205	211	202	199	199	200	209	219	229	229	243	245	259	255
Current Assets	-15.5%	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	24.00
Cash Equivalents	-44.1%	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	6.00
Net PPE	-98.5%	3.00	215	206	197	5.00	170	173	180	185	182	182	185	191	198	203	206	212	218	223	227	230
Liabilities	30.8%	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	149
Current Liabilities	55.5%	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	30.00
Long Term Debt	-	-	-	-	-	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	66.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	1.00	1.00	1.00	1.00	0.00	40.00	54.00	54.00	-	-	-	0.00	1.00
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	66.00
Shareholder's Equity	3.2%	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	106
Retained Earnings	2.9%	206	200	189	179	178	164	151	140	129	122	123	125	127	129	123	129	129	131	128	123	126
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	7.00
Accumulated Depreciation	-94.4%	24.00	423	422	23.00	23.00	23.00	23.00	23.00	22.00	-	-	-	21.00	-	-	-	21.00	-	-	-	20.00
Shares Outstanding	-0.5%	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	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	8.5%	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	13,519
Cashflow From Investing	-141.5%	-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	-17,146
Cashflow From Financing	35.2%	-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	2,273
Buy Backs	-22.7%	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	1,656

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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 09 2024, market cap of PrimeEnergy Resources Corp is 186.15 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 09 2024, PNRG's PE ratio (Price to Earnings) is 6.62 and Price to Sales (PS) ratio is 1.4. 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 0.065 (multiply by 100 for percentage) rate of return.