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NASDAQ:PNRG

PrimeEnergy Resources Stock Forecast, Price & News

$61.50
-4.28 (-6.51 %)
(As of 11/30/2020 12:00 AM ET)
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Today's Range
$61.50
Now: $61.50
$64.55
50-Day Range
$47.96
MA: $58.88
$70.01
52-Week Range
$47.19
Now: $61.50
$155.16
Volume1,390 shs
Average Volume1,708 shs
Market Capitalization$122.63 million
P/E Ratio12.78
Dividend YieldN/A
Beta0.8
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing of 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 1,400 active wells and owns non-operating interests in approximately 800 additional wells primarily in Oklahoma, Texas, and West Virginia. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was founded in 1973 and is based in Houston, Texas.

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.90 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
Current SymbolNASDAQ:PNRG
CUSIPN/A
Phone713-735-0000
Employees173

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$104.82 million
Cash Flow$19.52 per share
Book Value$51.54 per share

Profitability

Net Income$3.48 million

Miscellaneous

Market Cap$122.63 million
Next Earnings Date2/24/2021 (Estimated)
OptionableNot Optionable
$61.50
-4.28 (-6.51 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PrimeEnergy Resources (NASDAQ:PNRG) Frequently Asked Questions

How has PrimeEnergy Resources' stock been impacted by Coronavirus (COVID-19)?

PrimeEnergy Resources' stock was trading at $73.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PNRG stock has decreased by 16.1% and is now trading at $61.50.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than PrimeEnergy Resources?

Wall Street analysts have given PrimeEnergy Resources a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PrimeEnergy Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PrimeEnergy Resources' next earnings date?

PrimeEnergy Resources is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for PrimeEnergy Resources
.

How were PrimeEnergy Resources' earnings last quarter?

PrimeEnergy Resources Co. (NASDAQ:PNRG) issued its earnings results on Friday, May, 18th. The oil and natural gas company reported $1.14 earnings per share for the quarter. The oil and natural gas company had revenue of $28.47 million for the quarter. PrimeEnergy Resources had a negative net margin of 6.93% and a negative return on equity of 5.47%.
View PrimeEnergy Resources' earnings history
.

Are investors shorting PrimeEnergy Resources?

PrimeEnergy Resources saw a decline in short interest in November. As of November 15th, there was short interest totaling 4,700 shares, a decline of 23.0% from the October 31st total of 6,100 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.9% of the company's shares are short sold.
View PrimeEnergy Resources' Short Interest
.

Who are some of PrimeEnergy Resources' key competitors?

What other stocks do shareholders of PrimeEnergy Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PrimeEnergy Resources investors own include Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), Carnival Co. & (CCL), Evoke Pharma (EVOK), Clean Energy Fuels (CLNE), GlaxoSmithKline (GSK), Las Vegas Sands (LVS), Marathon Petroleum (MPC) and NVIDIA (NVDA).

Who are PrimeEnergy Resources' key executives?

PrimeEnergy Resources' management team includes the following people:
  • Mr. Charles E. Drimal Jr., Pres, CEO & Chairman (Age 72, Pay $3.2M)
  • Ms. Beverly A. Cummings CPA, Exec. VP, CFO, Treasurer, Principal Financial Officer & Director (Age 67, Pay $1.68M)
  • Virginia M. Forese, Corp. Sec.

What is PrimeEnergy Resources' stock symbol?

PrimeEnergy Resources trades on the NASDAQ under the ticker symbol "PNRG."

Who are PrimeEnergy Resources' major shareholders?

PrimeEnergy Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Jane Street Group LLC (0.25%). Company insiders that own PrimeEnergy Resources stock include Charles E Drimal Jr, Clint Hurt, Gaines Wehrle and Rothschild Robert De.
View institutional ownership trends for PrimeEnergy Resources
.

Which institutional investors are buying PrimeEnergy Resources stock?

PNRG stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC.
View insider buying and selling activity for PrimeEnergy Resources
.

How do I buy shares of PrimeEnergy Resources?

Shares of PNRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PrimeEnergy Resources' stock price today?

One share of PNRG stock can currently be purchased for approximately $61.50.

How big of a company is PrimeEnergy Resources?

PrimeEnergy Resources has a market capitalization of $122.63 million and generates $104.82 million in revenue each year. PrimeEnergy Resources employs 173 workers across the globe.

What is PrimeEnergy Resources' official website?

The official website for PrimeEnergy Resources is www.primeenergy.com.

How can I contact PrimeEnergy Resources?

PrimeEnergy Resources' mailing address is 9821 Katy Freeway, HOUSTON TX, 77024. The oil and natural gas company can be reached via phone at 713-735-0000.

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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