PrimeEnergy Capital Expenditures vs Free Cash Flow Analysis

PNRG Stock

USD 192.60 8.40 4.56%

PrimeEnergy financial indicator trend analysis is much more than just breaking down PrimeEnergy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PrimeEnergy is a good investment. Please check the relationship between PrimeEnergy Capital Expenditures and its Free Cash Flow accounts. 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PrimeEnergy Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between PrimeEnergy's Capital Expenditures and Free Cash Flow is -0.51. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of PrimeEnergy, assuming nothing else is changed. The correlation between historical values of PrimeEnergy's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of PrimeEnergy are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., PrimeEnergy's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by PrimeEnergy to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of PrimeEnergy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from PrimeEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PrimeEnergy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, PrimeEnergy's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.

	2021	2022	2023	2024 (projected)
Interest Expense	2.0M	909K	535K	508.3K
Depreciation And Amortization	26.3M	28.1M	31.7M	21.2M

Interest Expense Depreciation And Amortization

PrimeEnergy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.15	0.64	0.68	0.7	0.97	0.09	0.79	0.41	0.97	-0.18	0.41	0.68	0.34	0.51	-0.29	0.65	0.66	0.48	0.08	-0.04	0.35	-0.77	-0.79	0.52	0.09
Short Long Term Debt Total	0.15		-0.48	-0.19	-0.58	0.15	0.99	-0.48	-0.08	0.15	-0.33	-0.08	0.23	0.38	0.91	0.14	0.82	-0.52	0.1	-0.28	0.31	0.37	-0.12	-0.11	-0.52	0.6
Other Current Liab	0.64	-0.48		0.79	0.8	0.63	-0.5	0.81	0.32	0.63	0.36	0.32	0.35	0.2	-0.18	-0.34	0.0	0.89	0.24	0.05	-0.46	0.14	-0.26	-0.28	0.52	-0.41
Total Current Liabilities	0.68	-0.19	0.79		0.58	0.61	-0.26	0.64	0.45	0.61	0.29	0.45	0.61	0.55	0.01	0.18	0.29	0.76	0.51	0.11	0.1	0.67	-0.32	-0.34	0.26	-0.31
Total Stockholder Equity	0.7	-0.58	0.8	0.58		0.68	-0.62	0.99	0.37	0.68	0.02	0.37	0.37	-0.08	-0.21	-0.41	-0.08	0.87	0.29	0.29	-0.28	-0.1	-0.59	-0.61	0.82	-0.26
Property Plant And Equipment Net	0.97	0.15	0.63	0.61	0.68		0.12	0.77	0.21	1.0	-0.14	0.21	0.63	0.27	0.52	-0.36	0.62	0.59	0.27	-0.11	-0.12	0.27	-0.76	-0.77	0.57	0.02
Net Debt	0.09	0.99	-0.5	-0.26	-0.62	0.12		-0.52	-0.21	0.13	-0.3	-0.21	0.15	0.31	0.89	0.07	0.77	-0.58	-0.04	-0.38	0.22	0.29	-0.06	-0.05	-0.53	0.55
Retained Earnings	0.79	-0.48	0.81	0.64	0.99	0.77	-0.52		0.41	0.77	-0.01	0.41	0.43	-0.01	-0.09	-0.41	0.06	0.88	0.34	0.26	-0.25	0.0	-0.65	-0.67	0.82	-0.24
Cash	0.41	-0.08	0.32	0.45	0.37	0.21	-0.21	0.41		0.22	-0.16	1.0	0.36	0.18	0.05	-0.05	0.23	0.53	0.92	0.82	0.06	0.28	-0.36	-0.36	0.16	0.24
Non Current Assets Total	0.97	0.15	0.63	0.61	0.68	1.0	0.13	0.77	0.22		-0.14	0.22	0.63	0.27	0.53	-0.36	0.63	0.59	0.27	-0.11	-0.12	0.27	-0.76	-0.77	0.57	0.03
Non Currrent Assets Other	-0.18	-0.33	0.36	0.29	0.02	-0.14	-0.3	-0.01	-0.16	-0.14		-0.16	-0.14	-0.06	-0.4	0.13	-0.34	0.28	-0.28	-0.27	-0.17	0.11	0.48	0.47	-0.04	-0.54
Cash And Short Term Investments	0.41	-0.08	0.32	0.45	0.37	0.21	-0.21	0.41	1.0	0.22	-0.16		0.36	0.18	0.05	-0.05	0.23	0.53	0.92	0.82	0.06	0.28	-0.36	-0.36	0.16	0.24
Net Receivables	0.68	0.23	0.35	0.61	0.37	0.63	0.15	0.43	0.36	0.63	-0.14	0.36		0.42	0.38	0.12	0.61	0.35	0.48	0.01	0.27	0.59	-0.66	-0.66	0.15	0.3
Common Stock Shares Outstanding	0.34	0.38	0.2	0.55	-0.08	0.27	0.31	-0.01	0.18	0.27	-0.06	0.18	0.42		0.37	0.35	0.46	0.14	0.36	-0.07	0.37	0.68	0.01	0.0	-0.3	0.13
Non Current Liabilities Total	0.51	0.91	-0.18	0.01	-0.21	0.52	0.89	-0.09	0.05	0.53	-0.4	0.05	0.38	0.37		-0.12	0.94	-0.22	0.2	-0.23	0.17	0.33	-0.42	-0.42	-0.17	0.56
Other Stockholder Equity	-0.29	0.14	-0.34	0.18	-0.41	-0.36	0.07	-0.41	-0.05	-0.36	0.13	-0.05	0.12	0.35	-0.12		0.0	-0.27	0.12	-0.05	0.78	0.54	0.15	0.15	-0.43	-0.01
Total Liab	0.65	0.82	0.0	0.29	-0.08	0.62	0.77	0.06	0.23	0.63	-0.34	0.23	0.61	0.46	0.94	0.0		-0.03	0.39	-0.14	0.24	0.55	-0.53	-0.53	-0.12	0.46
Property Plant And Equipment Gross	0.66	-0.52	0.89	0.76	0.87	0.59	-0.58	0.88	0.53	0.59	0.28	0.53	0.35	0.14	-0.22	-0.27	-0.03		0.46	0.39	-0.23	0.1	-0.39	-0.41	0.58	-0.29
Total Current Assets	0.48	0.1	0.24	0.51	0.29	0.27	-0.04	0.34	0.92	0.27	-0.28	0.92	0.48	0.36	0.2	0.12	0.39	0.46		0.76	0.29	0.44	-0.41	-0.41	-0.01	0.35
Other Current Assets	0.08	-0.28	0.05	0.11	0.29	-0.11	-0.38	0.26	0.82	-0.11	-0.27	0.82	0.01	-0.07	-0.23	-0.05	-0.14	0.39	0.76		0.1	-0.04	-0.18	-0.18	0.13	0.23
Short Term Debt	-0.04	0.31	-0.46	0.1	-0.28	-0.12	0.22	-0.25	0.06	-0.12	-0.17	0.06	0.27	0.37	0.17	0.78	0.24	-0.23	0.29	0.1		0.49	-0.15	-0.14	-0.22	0.18
Accounts Payable	0.35	0.37	0.14	0.67	-0.1	0.27	0.29	0.0	0.28	0.27	0.11	0.28	0.59	0.68	0.33	0.54	0.55	0.1	0.44	-0.04	0.49		-0.13	-0.13	-0.27	-0.06
Common Stock Total Equity	-0.77	-0.12	-0.26	-0.32	-0.59	-0.76	-0.06	-0.65	-0.36	-0.76	0.48	-0.36	-0.66	0.01	-0.42	0.15	-0.53	-0.39	-0.41	-0.18	-0.15	-0.13		1.0	-0.58	-0.26
Common Stock	-0.79	-0.11	-0.28	-0.34	-0.61	-0.77	-0.05	-0.67	-0.36	-0.77	0.47	-0.36	-0.66	0.0	-0.42	0.15	-0.53	-0.41	-0.41	-0.18	-0.14	-0.13	1.0		-0.59	-0.25
Other Liab	0.52	-0.52	0.52	0.26	0.82	0.57	-0.53	0.82	0.16	0.57	-0.04	0.16	0.15	-0.3	-0.17	-0.43	-0.12	0.58	-0.01	0.13	-0.22	-0.27	-0.58	-0.59		-0.36
Other Assets	0.09	0.6	-0.41	-0.31	-0.26	0.02	0.55	-0.24	0.24	0.03	-0.54	0.24	0.3	0.13	0.56	-0.01	0.46	-0.29	0.35	0.23	0.18	-0.06	-0.26	-0.25	-0.36

Click cells to compare fundamentals

PrimeEnergy Account Relationship Matchups

PrimeEnergy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	229.4M	200.5M	210.9M	247.1M	288.6M	303.0M
Short Long Term Debt Total	62.4M	38.8M	39.1M	11M	284K	269.8K
Other Current Liab	753K	7.4M	14.4M	20.2M	48.5M	50.9M
Total Current Liabilities	15.6M	14.1M	21.7M	41.0M	64.8M	68.0M
Total Stockholder Equity	100.1M	97.1M	99.1M	140.4M	161.0M	169.0M
Property Plant And Equipment Net	212.1M	191.1M	184.7M	174.0M	256.1M	268.9M
Net Debt	52.5M	37.8M	25.7M	(15.5M)	(11.1M)	(10.5M)
Retained Earnings	129.1M	126.8M	128.9M	177.6M	205.7M	216.0M
Cash	1.0M	996K	10.3M	26.5M	11.1M	7.7M
Non Current Assets Total	213.0M	191.6M	185.6M	175.0M	256.8M	269.6M
Non Currrent Assets Other	(35.1M)	(35.8M)	(37.8M)	(39.0M)	673K	706.7K
Cash And Short Term Investments	1.0M	996K	10.3M	26.5M	11.1M	7.7M
Net Receivables	14.4M	7.2M	14.2M	12.5M	20.3M	10.5M
Common Stock Shares Outstanding	2.8M	2.0M	2.7M	2.7M	2.6M	3.4M
Liabilities And Stockholders Equity	229.4M	200.5M	210.9M	247.1M	288.6M	303.0M
Non Current Liabilities Total	110.4M	88.4M	90.1M	65.8M	62.8M	72.5M
Other Stockholder Equity	(29.3M)	(30.0M)	(30.1M)	(37.5M)	(45M)	(42.8M)
Total Liab	126.0M	102.5M	111.8M	106.8M	127.6M	95.8M
Property Plant And Equipment Gross	212.1M	191.1M	184.7M	582.5M	686.7M	721.1M
Total Current Assets	16.4M	8.9M	25.3M	72.2M	31.8M	24.3M
Other Current Assets	127K	694K	40K	33.1M	414K	393.3K
Short Term Debt	8.2M	487K	1.6M	3.9M	246K	233.7K
Accounts Payable	6.4M	5.2M	7.3M	11.5M	15.4M	13.9M
Other Liab	56.9M	50.1M	54.0M	54.7M	62.9M	66.0M
Other Assets	866K	520K	923K	985K	1.0	0.95
Long Term Debt	54.2M	38.3M	37.5M	11M	12.7M	12.0M
Treasury Stock	(31.3M)	(36.8M)	(37.5M)	(37.6M)	(33.9M)	(35.6M)
Property Plant Equipment	212.1M	191.1M	184.7M	174.0M	200.1M	174.2M
Current Deferred Revenue	205K	7.7M	(1.6M)	40.0M	929K	882.6K
Inventory	897K	590K	733K	33.0M	38.0M	39.9M
Net Tangible Assets	100.1M	97.1M	99.1M	140.4M	161.4M	85.0M
Noncontrolling Interest In Consolidated Entity	7.1M	4.0M	3.2M	874K	786.6K	747.3K
Retained Earnings Total Equity	125.6M	129.1M	126.8M	128.9M	148.2M	108.3M
Long Term Debt Total	49.0M	65.5M	54.2M	37.5M	33.7M	58.1M
Capital Surpluse	7.4M	7.5M	7.5M	7.6M	8.7M	8.2M

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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:

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What is PrimeEnergy's Net Worth?

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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.

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PrimeEnergy Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

PrimeEnergy fundamental ratios Correlations

PrimeEnergy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PrimeEnergy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets

Common Stock	- 0.79	Total Assets
Common Stock	- 0.77	Non Current Assets Total
Common Stock	- 0.77	Property Plant And Equipment Net
Common Stock Total Equity	- 0.77	Total Assets
Common Stock Total Equity	- 0.76	Non Current Assets Total
Common Stock Total Equity	- 0.76	Property Plant And Equipment Net