Primeenergy (PNRG) AI Stock Analysis

• Market Cap: $241.69M
• Dividend Yield: N/A
• Average Volume (3M): 84.99K
• Price to Earnings (P/E): 6.8
• Beta (1Y): 0.94
• Revenue Growth: 69.21%
• EPS Growth: 47.13%
• Country: US
• Employees: 78
• Sector: Energy
• Sector Strength: 68
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 1,660,500
• 10 Day Avg. Volume: 159,484
• 30 Day Avg. Volume: 84,992
• PEG Ratio: <0.01
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.90
• Enterprise Value/Market Cap: 0.64
• Enterprise Value/Revenue: 0.20
• Enterprise Value/Gross Profit: 1.23
• Enterprise Value/Ebitda: 0.34
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: $152.00 ▲(4.43%Upside)

Primeenergy's stock score is primarily impacted by its mixed financial performance and bearish technical indicators. The company's strong balance sheet and operational cash flow are positive, but technical analysis suggests a negative market sentiment. The low P/E ratio offers a valuation upside if operational challenges are addressed.

Primeenergy Business Overview & Revenue Model

Company Description

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. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.

How the Company Makes Money

PrimeEnergy generates revenue through the exploration, development, and sale of oil and natural gas. The company leverages its assets by acquiring and developing properties with significant resource potential. Its primary revenue streams include the sale of crude oil, natural gas, and natural gas liquids. PrimeEnergy's earnings are significantly influenced by market prices for oil and natural gas, production volumes, and operational efficiencies. Additionally, strategic joint ventures and partnerships with other energy companies can enhance its exploration and production capabilities, contributing to its overall financial performance.

Primeenergy Financial Statement Overview

Summary

Primeenergy exhibits a mixed financial performance. EBITDA is strong, but operational challenges affect EBIT. The balance sheet is solid with low leverage, and cash flow shows robust operational cash generation, though free cash flow is negative due to high capital expenditures.

Income Statement

Primeenergy has shown a volatile revenue growth trajectory, with recent revenue decline indicating potential market challenges. The gross profit margin has improved over time, highlighting better cost management. However, the negative EBIT margin in the latest year reflects operational inefficiencies, despite strong EBITDA margins suggesting good cash flow generation from core operations.

Balance Sheet

The company's debt-to-equity ratio is low, indicating conservative leverage. The return on equity has fluctuated but remains strong, reflecting effective use of shareholder funds. The equity ratio shows a healthy balance between debt and equity, suggesting overall financial stability.

Cash Flow

Primeenergy's operating cash flow is robust, although recent free cash flow has turned negative due to increased capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient cash generation from operations, but the negative free cash flow to net income ratio highlights potential investment or capital allocation concerns.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
233.89M	123.13M	125.09M	79.61M	58.42M
	Gross Profit
88.43M	41.40M	48.11M	13.90M	-1.79M
	EBIT
68.82M	25.07M	28.11M	3.48M	-16.81M
	EBITDA
149.22M	66.42M	56.18M	29.80M	27.20M
	Net Income Common Stockholders
55.40M	28.10M	48.66M	2.10M	-2.36M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.55M	11.06M	26.54M	10.35M	996.00K
	Total Assets
324.62M	288.57M	247.14M	210.91M	200.48M
	Total Debt
8.26M	284.00K	11.00M	36.00M	38.75M
	Net Debt
5.71M	-11.06M	-15.54M	25.65M	37.76M
	Total Liabilities
121.70M	127.62M	106.78M	111.82M	102.49M
	Stockholders Equity
202.93M	160.95M	140.35M	99.09M	97.12M
Cash Flow		Free Cash Flow
-3.33M	-4.76M	17.15M	7.89M	5.86M
	Operating Cash Flow
115.91M	109.02M	33.13M	28.62M	16.38M
	Investing Cash Flow
-114.99M	-105.70M	15.47M	-19.25M	339.00K
	Financing Cash Flow
-9.43M	-18.80M	-32.40M	-18.00K	-16.74M

Primeenergy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 145.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PNRG, the sentiment is Negative. The current price of 145.55 is below the 20-day moving average (MA) of 171.13, below the 50-day MA of 174.88, and below the 200-day MA of 182.59, indicating a bearish trend. The MACD of -10.43 indicates Positive momentum. The RSI at 35.28 is Neutral, neither overbought nor oversold. The STOCH value of 12.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PNRG.

Primeenergy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EGY	79 Outperform	$398.67M	6.90	11.83%	6.51%	3.02%	-8.43%
GFR	75 Outperform	$355.36M	2.64	25.10%	―	38.46%	―
GPRK	64 Neutral	$390.98M	4.97	38.79%	7.60%	-14.94%	-25.19%
PNRG	61 Neutral	$241.69M	6.83	28.43%	―	69.21%	47.13%
CLNE	61 Neutral	$448.59M	―	-30.25%	―	6.50%	-151.25%
SD	61 Neutral	$430.71M	6.72	14.68%	3.70%	-15.94%	2.90%
Sector *	58 Neutral	$7.55B	3.49	-4.45%	10.15%	0.79%	-49.51%

Primeenergy Corporate Events

PrimeEnergy Holds Annual Stockholders Meeting, June 2025

PrimeEnergy Resources Corporation held its Annual Meeting of stockholders on June 5, 2025, where several key proposals were put to a vote. The company operates in the energy sector, focusing on resources management and development. During the meeting, all management-nominated directors were re-elected for another term, and stockholders approved the executive compensation plan. Additionally, a majority of stockholders voted for a triennial frequency for future votes on executive compensation.