PrimeEnergy Property Plant Equipment from 2010 to 2024

PNRG Stock  USD 206.00  6.81  3.42%   
PrimeEnergy's Property Plant Equipment is increasing over the last several years with slightly volatile swings. Property Plant Equipment is predicted to flatten to about 174.2 M. During the period from 2010 to 2024 PrimeEnergy Property Plant Equipment regressed destribution of quarterly values had coefficient of variationof  26.94 and r-value of  0.37. View All Fundamentals
 
Property Plant Equipment  
First Reported
2000-03-31
Previous Quarter
197 M
Current Value
206.3 M
Quarterly Volatility
75.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 21.2 M, Interest Expense of 508.2 K or Total Revenue of 69.7 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0314 or PTB Ratio of 1.16. PrimeEnergy financial statements analysis is a perfect complement when working with PrimeEnergy Valuation or Volatility modules.
  
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.

Latest PrimeEnergy's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of PrimeEnergy over the last few years. It is PrimeEnergy's Property Plant Equipment 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.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

PrimeEnergy Property Plant Equipment Regression Statistics

Arithmetic Mean185,187,963
Geometric Mean169,361,954
Coefficient Of Variation26.94
Mean Deviation30,095,122
Median196,850,000
Standard Deviation49,894,169
Sample Variance2489.4T
Range207.8M
R-Value0.37
Mean Square Error2317.4T
R-Squared0.14
Significance0.18
Slope4,108,065
Total Sum of Squares34852T

PrimeEnergy Property Plant Equipment History

2024174.2 M
2023200.1 M
2022174 M
2021184.7 M
2020191.1 M
2019212.1 M
2018230.4 M

About PrimeEnergy Financial Statements

PrimeEnergy stakeholders use historical fundamental indicators, such as PrimeEnergy's Property Plant Equipment, 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
Property Plant Equipment200.1 M174.2 M

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PrimeEnergy. If investors know PrimeEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PrimeEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.034
Earnings Share
23.21
Revenue Per Share
98.685
Quarterly Revenue Growth
1.178
Return On Assets
0.1202
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.