NASDAQ:PNRG

PrimeEnergy Resources - PNRG Stock Forecast, Price & News

$76.07

-1.05 (-1.36%)

(As of 12/7/2022 12:00 AM ET)

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Today's Range: $75.55
▼
$76.07
50-Day Range: $71.60
▼
$85.98
52-Week Range: $61.49
▼
$105.00

Volume: 814 shs
Average Volume: 5,820 shs
Market Capitalization: $147.27 million

P/E Ratio: 4.68
Dividend Yield: N/A
Price Target: N/A

PrimeEnergy Resources MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: -7.89
Upright™ Environmental Score
News Sentiment: 0.00
Based on 3 Articles This Week
Insider Trading: Selling Shares
$706,722 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Oils/Energy Sector

229th out of 246 stocks

Crude Petroleum & Natural Gas Industry

76th out of 78 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
0.14% 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 0.2, 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 86.11%, 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 -187.89% net impact score from Upright. The largest negative impact of Primeenergy Resources in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Crude oil", and "Construction of oil power plants" products. See details.
Environmental Sustainability
The Environmental Impact score for PrimeEnergy Resources is -7.89.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 3 news articles for PrimeEnergy Resources this week, compared to 0 articles on an average week.
MarketBeat Follows
3 people have added PrimeEnergy Resources to their MarketBeat watchlist in the last 30 days.

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 $706,722.00 in company stock.
Percentage Held by Insiders
55.50% of the stock of PrimeEnergy Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 4.80% of the stock of PrimeEnergy Resources is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PrimeEnergy Resources is 4.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of PrimeEnergy Resources is 4.68, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.02.
Price to Book Value per Share Ratio
PrimeEnergy Resources has a P/B Ratio of 1.53. 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

About PrimeEnergy Resources (NASDAQ:PNRG) Stock

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.

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PNRG Stock News Headlines

December 6, 2022 | americanbankingnews.com

PrimeEnergy Resources (PNRG) and The Competition Head-To-Head Analysis

December 5, 2022 | americanbankingnews.com

PrimeEnergy Resources (PNRG) versus Its Peers Head to Head Contrast

December 1, 2022 | americanbankingnews.com

PrimeEnergy Resources (PNRG) vs. Its Competitors Head-To-Head Review

November 29, 2022 | americanbankingnews.com

Comparing PrimeEnergy Resources (PNRG) and Its Rivals

November 28, 2022 | americanbankingnews.com

PrimeEnergy Resources (PNRG) and Its Rivals Financial Survey

November 10, 2022 | benzinga.com

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

November 10, 2022 | benzinga.com

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

October 26, 2022 | benzinga.com

PrimeEnergy Resources 10% Owner Trades $142K In Company Stock

August 20, 2022 | seekingalpha.com

PrimeEnergy Resources GAAP EPS of $4.02, revenue of $35.7M

August 17, 2022 | finance.yahoo.com

PrimeEnergy Resources (NASDAQ:PNRG) shareholders have earned a 12% CAGR over the last five years

May 24, 2022 | seekingalpha.com

PrimeEnergy Resources GAAP EPS of $4.07, revenue of $26.21M

May 20, 2022 | nasdaq.com

PrimeEnergy Resources Swings To Q1 Profit

April 21, 2022 | seekingalpha.com

PrimeEnergy Resources GAAP EPS of $0.76, revenue of $79.61M

February 17, 2022 | finance.yahoo.com

What Type Of Shareholders Own The Most Number of PrimeEnergy Resources Corporation (NASDAQ:PNRG) Shares?

January 3, 2022 | nasdaq.com

Is PrimeEnergy Resources (NASDAQ:PNRG) Using Too Much Debt?

November 19, 2021 | markets.businessinsider.com

Primeenergy Corp. Q3 Earnings Summary

November 17, 2021 | finance.yahoo.com

Investors in PrimeEnergy Resources (NASDAQ:PNRG) have made a respectable return of 34% over the past five years

August 25, 2021 | benzinga.com

PrimeEnergy Resources Q2 EPS $(1.20) Up From $(3.14) YoY, Sales $13.66M Up From $7.28M YoY

May 18, 2021 | uk.finance.yahoo.com

PrimeEnergy Resources Stock Shows Every Sign Of Being Modestly Undervalued

April 23, 2021 | benzinga.com

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

February 25, 2021 | finance.yahoo.com

PrimeEnergy Resources' (NASDAQ:PNRG) Stock Price Has Reduced 58% In The Past Year

November 16, 2020 | finance.yahoo.com

What Can We Make Of PrimeEnergy Resources' (NASDAQ:PNRG) CEO Compensation?

November 7, 2020 | finance.yahoo.com

PrimeEnergy Resources Corporation (PNRG)

October 18, 2020 | nasdaq.com

PrimeEnergy Resources Corporation Common Stock (PNRG)

August 20, 2020 | businesswire.com

(29,800

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PNRG Company Calendar

Last Earnings: 5/18/2018
Today: 12/07/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:PNRG
CUSIP: N/A
CIK: 56868
Web: www.primeenergy.com
Phone: (713) 735-0000
Fax: 203-358-5786
Employees: 96
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $16.25
Trailing P/E Ratio: 4.68
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.10 million
Net Margins: 31.77%
Pretax Margin: 43.35%
Return on Equity: 27.52%
Return on Assets: 15.07%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.90
Quick Ratio: 1.90

Sales & Book Value

Annual Sales: $79.61 million
Price / Sales: 1.85
Cash Flow: $14.04 per share
Price / Cash Flow: 5.42
Book Value: $49.69 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 1,936,000
Free Float: 862,000
Market Cap: $147.27 million
Optionable: Not Optionable
Beta: 0.76

Key Executives

Mr. Charles E. Drimal Jr. (Age 74)
Pres, CEO & Chairman
Comp: $787.76k

Ms. Beverly A. Cummings CPA (Age 69)
Exec. VP, CFO, Treasurer, Principal Financial Officer & Director
Comp: $768.76k

Virginia M. Forese
Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PNRG Stock - Frequently Asked Questions

How have PNRG shares performed in 2022?: PrimeEnergy Resources' stock was trading at $70.10 on January 1st, 2022. Since then, PNRG shares have increased by 8.5% and is now trading at $76.07.
View the best growth stocks for 2022 here.
Are investors shorting PrimeEnergy Resources?: PrimeEnergy Resources saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,000 shares, a decline of 86.1% from the October 31st total of 7,200 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.
View PrimeEnergy Resources' Short Interest.
How were PrimeEnergy Resources' earnings last quarter?: PrimeEnergy Resources Co. (NASDAQ:PNRG) released its earnings results on Friday, May, 18th. The oil and natural gas company reported $1.14 earnings per share (EPS) for the quarter. The oil and natural gas company earned $28.47 million during the quarter. PrimeEnergy Resources had a trailing twelve-month return on equity of 27.52% and a net margin of 31.77%.
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).

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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.05%), Dimensional Fund Advisors LP (0.94%), Janney Montgomery Scott LLC (0.17%), Renaissance Technologies LLC (0.17%) and BlackRock Inc. (0.11%). Insiders that own company stock include Charles E Drimal Jr, Clint Hurt, Gaines Wehrle and Rothschild Robert De.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PrimeEnergy Resources' stock price today?: One share of PNRG stock can currently be purchased for approximately $76.07.
How much money does PrimeEnergy Resources make?: PrimeEnergy Resources (NASDAQ:PNRG) has a market capitalization of $147.27 million and generates $79.61 million in revenue each year. The oil and natural gas company earns $2.10 million in net income (profit) each year or $16.25 on an earnings per share basis.
How can I contact PrimeEnergy Resources?: PrimeEnergy Resources' mailing address is 9821 Katy Freeway, HOUSTON TX, 77024. The official website for the company is www.primeenergy.com. The oil and natural gas company can be reached via phone at (713) 735-0000 or via fax at 203-358-5786.

This page (NASDAQ:PNRG) was last updated on 12/7/2022 by MarketBeat.com Staff

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