Is PrimeEnergy Stock a Good Investment?
PrimeEnergy Investment Advice | PNRG |
- Examine PrimeEnergy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research PrimeEnergy's leadership team and their track record. Good management can help PrimeEnergy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact PrimeEnergy's business and its evolving consumer preferences.
- Compare PrimeEnergy's performance and market position to its competitors. Analyze how PrimeEnergy is positioned in terms of product offerings, innovation, and market share.
- Check if PrimeEnergy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about PrimeEnergy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in PrimeEnergy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if PrimeEnergy is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine PrimeEnergy Stock
Researching PrimeEnergy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 71.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. PrimeEnergy recorded earning per share (EPS) of 23.21. The entity had not issued any dividends in recent years.
To determine if PrimeEnergy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding PrimeEnergy's research are outlined below:
| PrimeEnergy appears to be risky and price may revert if volatility continues | |
| About 71.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: PrimeEnergy Posts YY Earnings Growth in Q3 on Surging Oil Production |
PrimeEnergy Quarterly Cash And Short Term Investments |
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PrimeEnergy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in PrimeEnergy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PrimeEnergy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know PrimeEnergy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PrimeEnergy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PrimeEnergy backward and forwards among themselves. PrimeEnergy's institutional investor refers to the entity that pools money to purchase PrimeEnergy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Heritage Investors Management Corp | 2024-09-30 | 5 K | Strs Ohio | 2024-09-30 | 3.4 K | Wedbush Morgan Securities Inc | 2024-06-30 | 2.8 K | Renaissance Technologies Corp | 2024-09-30 | 2.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.5 K | Bank Of America Corp | 2024-06-30 | 2.4 K | Victory Capital Management Inc. | 2024-09-30 | 2.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 2.1 K | Royal Bank Of Canada | 2024-06-30 | 2 K | Blackrock Inc | 2024-06-30 | 33.3 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 33.1 K |
PrimeEnergy's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 342.11 M.Market Cap |
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PrimeEnergy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.44 | 0.46 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.17 | 0.18 |
Determining PrimeEnergy's profitability involves analyzing its financial statements and using various financial metrics to determine if PrimeEnergy is a good buy. For example, gross profit margin measures PrimeEnergy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of PrimeEnergy's profitability and make more informed investment decisions.
Evaluate PrimeEnergy's management efficiency
PrimeEnergy has return on total asset (ROA) of 0.1202 % which means that it generated a profit of $0.1202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2864 %, meaning that it created $0.2864 on every $100 dollars invested by stockholders. PrimeEnergy's management efficiency ratios could be used to measure how well PrimeEnergy manages its routine affairs as well as how well it operates its assets and liabilities. The PrimeEnergy's current Return On Tangible Assets is estimated to increase to 0.10. The PrimeEnergy's current Return On Capital Employed is estimated to increase to 0.46. At this time, PrimeEnergy's Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. The PrimeEnergy's current Return On Tangible Assets is estimated to increase to 0.10, while Other Current Assets are projected to decrease to roughly 393.3 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 87.01 | 91.36 | |
| Tangible Book Value Per Share | 87.01 | 91.36 | |
| Enterprise Value Over EBITDA | 2.80 | 4.61 | |
| Price Book Value Ratio | 1.22 | 1.16 | |
| Enterprise Value Multiple | 2.80 | 4.61 | |
| Price Fair Value | 1.22 | 1.16 | |
| Enterprise Value | 138.8 M | 93.9 M |
The strategic initiatives led by PrimeEnergy's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.502 |
Basic technical analysis of PrimeEnergy Stock
As of the 22nd of November, PrimeEnergy holds the Risk Adjusted Performance of 0.1806, coefficient of variation of 435.34, and Semi Deviation of 1.94. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PrimeEnergy, as well as the relationship between them. Please check PrimeEnergy downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if PrimeEnergy is priced some-what accurately, providing market reflects its current price of 206.0 per share. Given that PrimeEnergy has jensen alpha of 0.5683, we recommend you to check out PrimeEnergy's recent market performance to make sure the company can sustain itself at a future point.PrimeEnergy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PrimeEnergy insiders, such as employees or executives, is commonly permitted as long as it does not rely on PrimeEnergy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PrimeEnergy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
PrimeEnergy's Outstanding Corporate Bonds
PrimeEnergy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PrimeEnergy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PrimeEnergy bonds can be classified according to their maturity, which is the date when PrimeEnergy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| PRICELINE GROUP INC Corp BondUS741503AW60 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| PRU 12 01 SEP 26 Corp BondUS74153WCP23 | View |
Understand PrimeEnergy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing PrimeEnergy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1806 | |||
| Market Risk Adjusted Performance | 0.4782 | |||
| Mean Deviation | 2.42 | |||
| Semi Deviation | 1.94 | |||
| Downside Deviation | 2.41 | |||
| Coefficient Of Variation | 435.34 | |||
| Standard Deviation | 3.07 | |||
| Variance | 9.42 | |||
| Information Ratio | 0.1986 | |||
| Jensen Alpha | 0.5683 | |||
| Total Risk Alpha | 0.3471 | |||
| Sortino Ratio | 0.2534 | |||
| Treynor Ratio | 0.4682 | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 5.88 | |||
| Downside Variance | 5.79 | |||
| Semi Variance | 3.77 | |||
| Expected Short fall | (2.98) | |||
| Skewness | 0.3196 | |||
| Kurtosis | (0.12) |
| Risk Adjusted Performance | 0.1806 | |||
| Market Risk Adjusted Performance | 0.4782 | |||
| Mean Deviation | 2.42 | |||
| Semi Deviation | 1.94 | |||
| Downside Deviation | 2.41 | |||
| Coefficient Of Variation | 435.34 | |||
| Standard Deviation | 3.07 | |||
| Variance | 9.42 | |||
| Information Ratio | 0.1986 | |||
| Jensen Alpha | 0.5683 | |||
| Total Risk Alpha | 0.3471 | |||
| Sortino Ratio | 0.2534 | |||
| Treynor Ratio | 0.4682 | |||
| Maximum Drawdown | 12.61 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 5.88 | |||
| Downside Variance | 5.79 | |||
| Semi Variance | 3.77 | |||
| Expected Short fall | (2.98) | |||
| Skewness | 0.3196 | |||
| Kurtosis | (0.12) |
Consider PrimeEnergy's intraday indicators
PrimeEnergy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PrimeEnergy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
PrimeEnergy Corporate Filings
10Q | 14th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 17th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 1st of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 29th of May 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
PrimeEnergy Stock media impact
Far too much social signal, news, headlines, and media speculation about PrimeEnergy that are available to investors today. That information is available publicly through PrimeEnergy media outlets and privately through word of mouth or via PrimeEnergy internal channels. However, regardless of the origin, that massive amount of PrimeEnergy data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of PrimeEnergy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of PrimeEnergy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to PrimeEnergy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive PrimeEnergy alpha.
PrimeEnergy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards PrimeEnergy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.
In summary, please note that there is a difference between PrimeEnergy's value and its price, as these two are different measures arrived at by various 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.