Primeenergy Corp. (PNRG)
NASDAQ:PNRG
Want to see PNRG full AI Analyst Report?
Top Page
Primeenergy
(NASDAQ:PNRG)
Select Model
Select Model
Rating:70Outperform
Price Target:
$195.00
▲(11.93% Upside)
Action:Reiterated
Date:05/29/26
The score is driven primarily by strong financial quality—especially the very low leverage balance sheet and solid operating cash flow. This is tempered by notably weak technical positioning (price below major moving averages) and softer recent fundamentals (declining TTM revenue and normalized profitability), while valuation appears reasonable based on the P/E.
Positive Factors
Very low leverage balance sheet
Extremely low leverage and a large equity cushion materially reduce solvency and liquidity risk for an E&P business. This durability supports capital flexibility across commodity cycles, enables opportunistic drilling or acquisitions, and lowers refinancing pressure during downturns.
Negative Factors
Sharp recent revenue decline
A more than 25% decline in trailing revenue signals reduced realized volumes or prices, which erodes operating leverage and compresses margins. If sustained, lower top-line trends can constrain reinvestment, slow reserve development, and weaken long-term cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage balance sheet
Extremely low leverage and a large equity cushion materially reduce solvency and liquidity risk for an E&P business. This durability supports capital flexibility across commodity cycles, enables opportunistic drilling or acquisitions, and lowers refinancing pressure during downturns.
Read all positive factors
Primeenergy (PNRG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$286.37M
Dividend YieldN/A
Average Volume (3M)46.57K
Price to Earnings (P/E)12.5
Beta (1Y)1.00
Revenue Growth-26.15%
EPS Growth-56.98%
CountryUS
Employees78
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)13.09
Shares Outstanding1,618,000
10 Day Avg. Volume47,302
30 Day Avg. Volume46,572
Financial Highlights & Ratios
PEG Ratio-0.22
Price to Book (P/B)1.32
Price to Sales (P/S)1.53
P/FCF Ratio13.66
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue1.53
Enterprise Value/Gross Profit6.15
Enterprise Value/Ebitda2.78
Forecast
1Y Price Target
$160.00Price Target Upside-8.16% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)25.25
Revenue Forecast (FY)$214.00M
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 pr...
How the Company Makes Money
PrimeEnergy primarily makes money by producing and selling oil, natural gas, and natural gas liquids (NGLs) from its interests in wells and leases. Revenue is generated when produced volumes are sold to purchasers (e.g., marketers, midstream compa...
Primeenergy Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
93
Very Positive
Cash Flow
74
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 185.91M | 233.89M | 123.13M | 93.27M | 82.42M |
| Gross Profit | 49.00M | 87.70M | 40.72M | 16.29M | 22.52M |
| EBITDA | 108.45M | 149.95M | 66.42M | 87.97M | 32.97M |
| Net Income | 26.31M | 55.40M | 28.10M | 48.66M | 2.10M |
Balance Sheet | |||||
| Total Assets | 323.89M | 324.62M | 288.57M | 247.14M | 210.91M |
| Cash, Cash Equivalents and Short-Term Investments | 7.42M | 2.55M | 11.06M | 26.54M | 10.35M |
| Total Debt | 3.88M | 8.26M | 3.90M | 11.00M | 36.00M |
| Total Liabilities | 108.21M | 121.70M | 127.62M | 106.78M | 111.82M |
| Stockholders Equity | 215.69M | 202.93M | 160.95M | 140.35M | 99.09M |
Cash Flow | |||||
| Free Cash Flow | 20.78M | -3.33M | -4.76M | 17.15M | 7.89M |
| Operating Cash Flow | 96.73M | 115.91M | 109.02M | 33.13M | 28.62M |
| Investing Cash Flow | -74.31M | -114.99M | -105.70M | 15.47M | -19.25M |
| Financing Cash Flow | -17.55M | -9.43M | -18.80M | -32.40M | -18.00K |
Primeenergy Technical Analysis
Negative
174.22
Price Trends
227.88
Negative
207.35
Negative
184.13
Negative
Market Momentum
-4.60
Positive
28.31
Positive
2.82
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 174.22 is below the 20-day moving average (MA) of 237.74, below the 50-day MA of 227.88, and below the 200-day MA of 184.13, indicating a bearish trend. The MACD of -4.60 indicates Positive momentum. The RSI at 28.31 is Positive, neither overbought nor oversold. The STOCH value of 2.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PNRG.
Primeenergy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $286.37M | 12.49 | 10.10% | ― | -26.15% | -56.98% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
59 Neutral | $553.45M | -3.86 | 81.53% | 2.41% | 1.41% | -32.56% | |
54 Neutral | $554.65M | -3.81 | -31.67% | 7.20% | -36.31% | -346.60% | |
| ― | $185.50M | -239.72 | -61.04% | ― | -99.80% | -170.31% | |
45 Neutral | $972.47M | -10.85 | -21.66% | ― | ― | ― |
* Energy Sector Average
PNRG
Primeenergy
164.62
-21.69
-11.64%
EGY
Vaalco Energy
5.22
2.15
70.09%
WTI
W&T Offshore
3.68
2.14
138.34%
SJT
San Juan Basin Royalty
3.86
-2.72
-41.34%
TBN
Tamboran Resources Corporation
33.61
13.11
63.95%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.