Primeenergy Stock Today
| PNRG Stock | USD 202.95 3.05 1.48% |
Performance17 of 100
| Odds Of DistressLess than 34
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PrimeEnergy is trading at 202.95 as of the 25th of November 2024. This is a 1.48% down since the beginning of the trading day. The stock's lowest day price was 197.39. PrimeEnergy has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for PrimeEnergy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 18th of August 1995 |
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. The company was incorporated in 1973 and is headquartered in Houston, Texas. The company has 1.72 M outstanding shares of which 9.11 K shares are at this time shorted by private and institutional investors with about 1.41 trading days to cover. More on PrimeEnergy
Moving together with PrimeEnergy Stock
| 0.74 | AR | Antero Resources Corp | PairCorr |
| 0.95 | LB | LandBridge Company Upward Rally | PairCorr |
| 0.73 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against PrimeEnergy Stock
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PrimeEnergy Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Charles Drimal | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NASDAQ Composite, NASDAQ Composite Total, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsPrimeEnergy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PrimeEnergy's financial leverage. It provides some insight into what part of PrimeEnergy's total assets is financed by creditors.
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PrimeEnergy (PNRG) is traded on NASDAQ Exchange in USA. It is located in 9821 Katy Freeway, Houston, TX, United States, 77024 and employs 115 people. PrimeEnergy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 348.57 M. PrimeEnergy conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.72 M outstanding shares of which 9.11 K shares are at this time shorted by private and institutional investors with about 1.41 trading days to cover.
PrimeEnergy currently holds about 11.07 M in cash with 109.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.72.
Check PrimeEnergy Probability Of Bankruptcy
Ownership AllocationThe market capitalization of PrimeEnergy is $348.57 Million. PrimeEnergy holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.36 pct. of PrimeEnergy outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check PrimeEnergy Ownership Details
PrimeEnergy Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Heritage Investors Management Corp | 2024-09-30 | 5 K | |
| Strs Ohio | 2024-09-30 | 3.4 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 | |
| Empowered Funds, Llc | 2024-06-30 | 2 K | |
| Blackrock Inc | 2024-06-30 | 33.3 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 33.1 K |
PrimeEnergy Historical Income Statement
PrimeEnergy Stock Against Markets
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.