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Primeenergy
(NASDAQ:PNRG)
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Rating:72Outperform
Price Target:
$206.00
▲(10.04% Upside)
Action:Reiterated
Date:08/05/26
The score is driven primarily by strong financial fundamentals—especially the very conservative balance sheet and solid cash generation—partly offset by softening revenue/profitability versus prior peaks and only neutral technical momentum (negative MACD and below longer-term moving averages). Valuation appears reasonable on a ~14x P/E, and corporate actions (buyback authorization) provide an additional positive tailwind.
Positive Factors
Balance Sheet Strength
PrimeEnergy's balance sheet shows very low leverage and a large equity cushion, reducing solvency risk in the cyclical upstream sector. This durability supports capital allocation flexibility, shields cash flow through downturns, and preserves optionality for investments or returns.
Negative Factors
Revenue Trend
Top-line weakness and moderation from peak profitability indicate the company faces less favorable demand or price conditions compared with prior years. Persistent revenue declines could constrain margins and the sustainability of cash returns unless offset by higher realized prices or production gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
PrimeEnergy's balance sheet shows very low leverage and a large equity cushion, reducing solvency risk in the cyclical upstream sector. This durability supports capital allocation flexibility, shields cash flow through downturns, and preserves optionality for investments or returns.
Read all positive factors
Primeenergy (PNRG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$316.46M
Dividend YieldN/A
Average Volume (3M)46.57K
Price to Earnings (P/E)13.2
Beta (1Y)0.84
Revenue Growth-26.15%
EPS Growth-56.98%
CountryUS
Employees67
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)N/A
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$160.00Price Target Upside-14.53% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Primeenergy Business Overview & Revenue Model
Company Description
PrimeEnergy Resources Corporation (PNRG) is a U.S.-based independent oil and natural gas company engaged in the acquisition, development, and production of petroleum and natural gas properties. The company operates in the upstream energy sector an...
How the Company Makes Money
PrimeEnergy primarily makes money by producing and selling crude oil, natural gas, and natural gas liquids (NGLs) from its portfolio of properties. Revenue is generated when hydrocarbons produced from wells in which the company owns a working inte...
Primeenergy Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
93
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 178.51M | 185.91M | 233.89M | 123.13M | 93.27M | 82.42M |
| Gross Profit | 74.49M | 49.00M | 87.70M | 40.72M | 16.29M | 22.52M |
| EBITDA | 96.60M | 108.45M | 149.95M | 66.42M | 87.97M | 32.97M |
| Net Income | 24.82M | 26.31M | 55.40M | 28.10M | 48.66M | 2.10M |
Balance Sheet | ||||||
| Total Assets | 315.32M | 323.89M | 324.62M | 288.57M | 247.14M | 210.91M |
| Cash, Cash Equivalents and Short-Term Investments | 28.73M | 7.42M | 2.55M | 11.06M | 26.54M | 10.35M |
| Total Debt | 1.47M | 3.88M | 8.26M | 3.90M | 11.00M | 36.00M |
| Total Liabilities | 96.90M | 108.21M | 121.70M | 127.62M | 106.78M | 111.82M |
| Stockholders Equity | 218.43M | 215.69M | 202.93M | 160.95M | 140.35M | 99.09M |
Cash Flow | ||||||
| Free Cash Flow | 51.01M | 20.78M | -3.33M | -4.76M | 17.15M | 7.89M |
| Operating Cash Flow | 98.33M | 96.73M | 115.91M | 109.02M | 33.13M | 28.62M |
| Investing Cash Flow | -48.33M | -74.31M | -114.99M | -105.70M | 15.47M | -19.25M |
| Financing Cash Flow | -23.64M | -17.55M | -9.43M | -18.80M | -32.40M | -18.00K |
Primeenergy Technical Analysis
Positive
187.20
Price Trends
183.40
Positive
204.59
Negative
190.29
Positive
Market Momentum
3.15
Negative
61.76
Neutral
88.02
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PNRG, the sentiment is Positive. The current price of 187.2 is below the 20-day moving average (MA) of 188.73, above the 50-day MA of 183.40, and below the 200-day MA of 190.29, indicating a bullish trend. The MACD of 3.15 indicates Negative momentum. The RSI at 61.76 is Neutral, neither overbought nor oversold. The STOCH value of 88.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PNRG.
Primeenergy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $316.46M | 13.21 | 10.10% | ― | -26.15% | -56.98% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | $161.11M | -28.48 | -2.92% | 4.29% | 53.71% | -204.13% | |
61 Neutral | $167.34M | 14.02 | 16.91% | ― | 554.95% | ― | |
60 Neutral | $200.23M | 9.56 | 5.13% | ― | -23.70% | 30.67% | |
57 Neutral | $349.12M | -1.24 | -28.80% | ― | -3.15% | -416.57% | |
55 Neutral | $336.11M | -1.27 | -122.23% | ― | 2.69% | -289.33% |
* Energy Sector Average
PNRG
Primeenergy
200.98
51.59
34.53%
GTE
Gran Tierra Energy
9.19
5.34
138.70%
AMPY
Amplify Energy
4.78
0.65
15.74%
REI
Ring Energy
1.37
0.44
47.15%
EPSN
Epsilon Energy
5.58
0.20
3.79%
ANNA
AleAnna
2.75
-1.65
-37.50%
Primeenergy Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
PrimeEnergy Updates Credit Facility Borrowing Base Agreement
Positive
Aug 4, 2026
On August 3, 2026, PrimeEnergy Resources Corporation amended its borrowing base agreement with Citibank, N.A., reducing the borrowing base on its credit facility from $115 million to $105 million. As of March 31, 2026, and continuing through the d...
Executive/Board ChangesStock BuybackShareholder Meetings
PrimeEnergy Announces Share Repurchase After Annual Shareholder Meeting
Positive
Jun 11, 2026
At its annual meeting on June 10, 2026, PrimeEnergy Resources stockholders re-elected five incumbent directors—Beverly A. Cummings, Charles E. Drimal Jr., Thomas S. T. Gimbel, Clint Hurt and H. Gifford Fong—for one-year terms, with no ...
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.