PrimeEnergy Net Income from 2010 to 2026

PNRG Stock  USD 193.03  3.03  1.59%   
PrimeEnergy's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 66.9 M this year. During the period from 2010 to 2026 PrimeEnergy Net Income regressed destribution of quarterly values had mean deviationof  21,027,019 and mean square error of 362.5 T. View All Fundamentals
 
Net Income  
First Reported
1985-09-30
Previous Quarter
3.2 M
Current Value
10.6 M
Quarterly Volatility
5.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check PrimeEnergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PrimeEnergy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 93.3 M, Interest Expense of 2.4 M or Total Revenue of 282.4 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.0314 or PTB Ratio of 3.48. PrimeEnergy financial statements analysis is a perfect complement when working with PrimeEnergy Valuation or Volatility modules.
  
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Check out the analysis of PrimeEnergy Correlation against competitors.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.
The Net Income trend for PrimeEnergy offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether PrimeEnergy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest PrimeEnergy's Net Income Growth Pattern

Below is the plot of the Net Income of PrimeEnergy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in PrimeEnergy financial statement analysis. It represents the amount of money remaining after all of PrimeEnergy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is PrimeEnergy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PrimeEnergy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 55.4 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

PrimeEnergy Net Income Regression Statistics

Arithmetic Mean21,871,466
Coefficient Of Variation113.93
Mean Deviation21,027,019
Median14,529,000
Standard Deviation24,918,554
Sample Variance620.9T
Range79.7M
R-Value0.67
Mean Square Error362.5T
R-Squared0.45
Significance0
Slope3,320,225
Total Sum of Squares9934.9T

PrimeEnergy Net Income History

202666.9 M
202563.7 M
202455.4 M
202328.1 M
202248.7 M
20212.1 M
2020-2.3 M

Other Fundumenentals of PrimeEnergy

PrimeEnergy Net Income component correlations

About PrimeEnergy Financial Statements

PrimeEnergy stakeholders use historical fundamental indicators, such as PrimeEnergy's Net Income, to determine how well the company is positioned to perform in the future. Although PrimeEnergy investors may analyze each financial statement separately, they are all interrelated. For example, changes in PrimeEnergy's assets and liabilities are reflected in the revenues and expenses on PrimeEnergy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PrimeEnergy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income63.7 M66.9 M
Net Income Applicable To Common Shares56 M58.8 M
Net Income From Continuing Ops63.7 M66.9 M
Net Income Per Share 28.28  29.70 
Net Income Per E B T 0.90  0.84 

Currently Active Assets on Macroaxis

When determining whether PrimeEnergy is a strong investment it is important to analyze PrimeEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PrimeEnergy's future performance. For an informed investment choice regarding PrimeEnergy Stock, refer to the following important reports:
Check out the analysis of PrimeEnergy Correlation against competitors.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Can Oil & Gas Exploration & Production industry sustain growth momentum? Does PrimeEnergy have expansion opportunities? Factors like these will boost the valuation of PrimeEnergy. Anticipated expansion of PrimeEnergy directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating PrimeEnergy demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.50)
Earnings Share
10.45
Revenue Per Share
116.839
Quarterly Revenue Growth
(0.33)
Return On Assets
0.0611
Understanding PrimeEnergy requires distinguishing between market price and book value, where the latter reflects PrimeEnergy's accounting equity. The concept of intrinsic value - what PrimeEnergy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push PrimeEnergy's price substantially above or below its fundamental value.
It's important to distinguish between PrimeEnergy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding PrimeEnergy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, PrimeEnergy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.