How have PNRG shares performed in 2024?

PrimeEnergy Resources' stock was trading at $106.35 at the beginning of 2024. Since then, PNRG shares have decreased by 6.2% and is now trading at $99.78. View the best growth stocks for 2024 here .

When is PrimeEnergy Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024. View our PNRG earnings forecast .

How were PrimeEnergy Resources' earnings last quarter?

PrimeEnergy Resources Co. (NASDAQ:PNRG) posted its quarterly earnings results on Friday, May, 18th. The oil and natural gas company reported $1.14 EPS for the quarter. The oil and natural gas company earned $28.47 million during the quarter. PrimeEnergy Resources had a net margin of 32.04% and a trailing twelve-month return on equity of 24.48%.

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) , GSK (GSK) , Las Vegas Sands (LVS) , Marathon Petroleum (MPC) and NVIDIA (NVDA) .

How do I buy shares of PrimeEnergy Resources?

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

NASDAQ:PNRG

PrimeEnergy Resources (PNRG) Stock Price, News & Analysis

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Free PNRG Stock Alerts

$99.78

-2.45 (-2.40%)

(As of 04/18/2024 ET)

Compare

Today's Range: $99.78
▼
$102.24
50-Day Range: $93.52
▼
$103.76
52-Week Range: $80.63
▼
$120.00

Volume: 3,012 shs
Average Volume: 1,233 shs
Market Capitalization: $178.61 million

P/E Ratio: 9.27
Dividend Yield: N/A
Price Target: N/A

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PrimeEnergy Resources MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: -8.29
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$1.66 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.54 out of 5 stars

Oils/Energy Sector

221st out of 226 stocks

Crude Petroleum & Natural Gas Industry

72nd out of 73 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for PrimeEnergy Resources.

5.0

Short Interest

Percentage of Shares Shorted
0.45% of the float of PrimeEnergy Resources has been sold short.
Short Interest Ratio / Days to Cover
PrimeEnergy Resources has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PrimeEnergy Resources has recently decreased by 12.50%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
PrimeEnergy Resources does not currently pay a dividend.
Dividend Growth
PrimeEnergy Resources does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PrimeEnergy Resources has received a -102.71% net impact score from Upright. The largest negative impact of Primeenergy Resources in category "GHG emissions" seems to be driven mostly by its "Crude oil", "Crude natural gas", and "Construction of oil power plants" products. See details.
Environmental Sustainability
The Environmental Impact score for PrimeEnergy Resources is -8.29.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for PrimeEnergy Resources this week, compared to 0 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PrimeEnergy Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,656,000.00 in company stock.
Percentage Held by Insiders
59.66% of the stock of PrimeEnergy Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PrimeEnergy Resources is 9.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of PrimeEnergy Resources is 9.27, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.37.
Price to Book Value per Share Ratio
PrimeEnergy Resources has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About PrimeEnergy Resources Stock (NASDAQ:PNRG)

PrimeEnergy Resources Corporation, 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, site-preparation, and construction services for oil and gas drilling and reworking operations. 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.

PNRG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PNRG Stock News Headlines

April 16, 2024 | investorplace.com

PNRG Stock Earnings: PrimeEnergy Resources Reported Results for Q4 2023

April 15, 2024 | globenewswire.com

PrimeEnergy Resources Corporation (PNRG) Announces Yearend Production and Financial Results

April 19, 2024 | InvestorPlace (Ad)

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March 27, 2024 | finance.yahoo.com

Those who invested in PrimeEnergy Resources (NASDAQ:PNRG) three years ago are up 80%

March 6, 2024 | finance.yahoo.com

Will Weakness in PrimeEnergy Resources Corporation's (NASDAQ:PNRG) Stock Prove Temporary Given Strong Fundamentals?

February 15, 2024 | finance.yahoo.com

In spite of recent selling, insiders still have the largest holding in PrimeEnergy Resources Corporation (NASDAQ:PNRG) with a 62% ownership

November 18, 2023 | businesswire.com

Shares Used in Calculation of:

November 17, 2023 | msn.com

PrimeEnergy Resources GAAP EPS of $4.13, revenue of $35.36M

April 19, 2024 | InvestorPlace (Ad)

You’re invited: Biggest crypto event of 2024

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

November 17, 2023 | finance.yahoo.com

PrimeEnergy Resources Corporation Announces Third Quarter Unaudited Results

November 15, 2023 | finance.yahoo.com

Here's Why PrimeEnergy Resources (NASDAQ:PNRG) Has Caught The Eye Of Investors

November 9, 2023 | morningstar.com

PrimeEnergy Resources Corp PNRG

August 16, 2023 | finance.yahoo.com

PrimeEnergy Resources Corporation's (NASDAQ:PNRG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

August 15, 2023 | finance.yahoo.com

CORRECTING and REPLACING PrimeEnergy Resources Corporation Announces Second Quarter Results

July 9, 2023 | fool.com

PrimeEnergy Resources (NASDAQ: PNRG)

June 30, 2023 | businesswire.com

PrimeEnergy Resources Corporation joins the Russell 2000 ® Index

June 30, 2023 | finance.yahoo.com

PrimeEnergy Resources Corporation joins the Russell 2000® Index

June 7, 2023 | finance.yahoo.com

PrimeEnergy Resources Corporation Announces Annual Meeting Results:

June 1, 2023 | finance.yahoo.com

PNRG - PrimeEnergy Resources Corporation

May 6, 2023 | finance.yahoo.com

Does PrimeEnergy Resources (NASDAQ:PNRG) Deserve A Spot On Your Watchlist?

April 22, 2023 | seekingalpha.com

PNRG PrimeEnergy Resources Corporation

April 19, 2023 | finance.yahoo.com

In spite of recent selling, insiders still have the largest holding in PrimeEnergy Resources Corporation (NASDAQ:PNRG) with a 59% ownership

April 17, 2023 | msn.com

PrimeEnergy Resources GAAP EPS of $17.95, revenue of $125.09M

April 3, 2023 | finance.yahoo.com

Returns On Capital Are A Standout For PrimeEnergy Resources (NASDAQ:PNRG)

March 13, 2023 | finance.yahoo.com

PrimeEnergy Resources' (NASDAQ:PNRG) investors will be pleased with their decent 71% return over the last three years

February 21, 2023 | finance.yahoo.com

Is PrimeEnergy Resources Corporation's (NASDAQ:PNRG) Recent Stock Performance Influenced By Its Financials In Any Way?

November 10, 2022 | benzinga.com

10% Owner of PrimeEnergy Resources Sold $368K In Stock

See More Headlines

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Company Calendar

Last Earnings: 5/18/2018
Today: 4/18/2024
Next Earnings (Estimated): 5/27/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NASDAQ:PNRG
CUSIP: N/A
CIK: 56868
Web: www.primeenergy.com
Phone: (713) 735-0000
Fax: 203-358-5786
Employees: 114
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $10.76
Trailing P/E Ratio: 9.27
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $48.66 million
Net Margins: 32.04%
Pretax Margin: 36.43%
Return on Equity: 24.48%
Return on Assets: 14.48%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.90
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $123.12 million
Price / Sales: 1.45
Cash Flow: $32.93 per share
Price / Cash Flow: 3.03
Book Value: $72.50 per share
Price / Book: 1.38

Miscellaneous

Outstanding Shares: 1,790,000
Free Float: 735,000
Market Cap: $178.61 million
Optionable: Not Optionable
Beta: 0.51

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Key Executives

Mr. Charles E. Drimal Jr. (Age 76)
President, CEO & Chairman
Comp: $4.47M
Ms. Beverly A. Cummings CPA (Age 71)
Executive VP, CFO, Treasurer, Principal Financial Officer & Director
Comp: $2.27M
Virginia M. Forese
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PNRG Stock Analysis - Frequently Asked Questions

How have PNRG shares performed in 2024?: PrimeEnergy Resources' stock was trading at $106.35 at the beginning of 2024. Since then, PNRG shares have decreased by 6.2% and is now trading at $99.78.
View the best growth stocks for 2024 here.
When is PrimeEnergy Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024.
View our PNRG earnings forecast.
How were PrimeEnergy Resources' earnings last quarter?: PrimeEnergy Resources Co. (NASDAQ:PNRG) posted its quarterly earnings results on Friday, May, 18th. The oil and natural gas company reported $1.14 EPS for the quarter. The oil and natural gas company earned $28.47 million during the quarter. PrimeEnergy Resources had a net margin of 32.04% and a trailing twelve-month return on equity of 24.48%.

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), GSK (GSK), Las Vegas Sands (LVS), Marathon Petroleum (MPC) and NVIDIA (NVDA).
How do I buy shares of PrimeEnergy Resources?: Shares of PNRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PNRG) was last updated on 4/19/2024 by MarketBeat.com Staff

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