PrimeEnergy Historical Valuation
PNRG Stock | USD 204.59 0.69 0.34% |
Some fundamental drivers such as market cap or PrimeEnergy enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze PrimeEnergy valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of PrimeEnergy's future value.
PrimeEnergy |
About PrimeEnergy Valuation Data Analysis
Valuation is the financial process of determining what PrimeEnergy is worth. PrimeEnergy valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. PrimeEnergy valuation ratios help investors to determine whether PrimeEnergy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PrimeEnergy with respect to the benefits of owning PrimeEnergy security.
PrimeEnergy Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as PrimeEnergy theoretical takeover price. In the event of an acquisition, an acquirer would have to take on PrimeEnergy debt, but would also pocket its cash. Enterprise Value is more accurate representation of PrimeEnergy value than its market capitalization because it takes into account all of PrimeEnergy existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 23.22 | 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.