Primeenergy (PNRG) AI Stock Analysis

• Market Cap: $270.74M
• Dividend Yield: N/A
• Average Volume (3M): 84.62K
• Price to Earnings (P/E): 7.7
• Beta (1Y): 1.06
• Revenue Growth: 69.21%
• EPS Growth: 47.13%
• Country: US
• Employees: 78
• Sector: Energy
• Sector Strength: 44
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 1,660,500
• 10 Day Avg. Volume: 104,661
• 30 Day Avg. Volume: 84,620
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.09
• Enterprise Value/Revenue: 2.32
• Enterprise Value/Gross Profit: 4.62
• Enterprise Value/Ebitda: 3.62
• 1Y Price Target: $183.00
• Price Target Upside: 12.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: $183.00 ▲(12.24% Upside)

Primeenergy's strong financial performance is the most significant factor, supported by robust revenue growth and profitability. The technical analysis indicates mixed momentum, while the valuation suggests the stock is undervalued. The absence of earnings call data and corporate events does not impact the score.

Primeenergy Business Overview & Revenue Model

Company Description

Primeenergy (PNRG) is an energy company focused on the acquisition, development, and production of oil and natural gas resources. Operating primarily in the United States, Primeenergy engages in exploration and production activities, leveraging advanced technologies and strategic partnerships to optimize resource extraction. The company is committed to sustainable practices while efficiently meeting the energy needs of its customers through its core offerings in hydrocarbon production and energy solutions.

How the Company Makes Money

Primeenergy generates revenue primarily through the sale of crude oil and natural gas. The company engages in exploration and production activities, which involve drilling for oil and gas in various regions, thereby creating a significant revenue stream from the extraction and sale of these resources. Additionally, Primeenergy may enter into joint ventures and partnerships with other energy firms, sharing both the risks and rewards associated with exploration and production. The company also benefits from favorable pricing in the energy markets, as fluctuations in oil and natural gas prices can significantly impact its revenues. Furthermore, Primeenergy's investment in technology and efficient operational practices helps reduce costs and increase profitability, contributing to its overall earnings.

Primeenergy Financial Statement Overview

Summary

Primeenergy's financial performance is strong, with significant revenue growth and improved profitability. The balance sheet shows robust financial stability, and cash flow metrics indicate efficient cash management. However, there is room for improvement in return on equity.

Income Statement

Primeenergy has demonstrated strong revenue growth with a significant increase from $58.4 million in 2020 to $243.6 million TTM (Trailing-Twelve-Months) in 2025. Gross profit margin improved from negative in 2020 to approximately 50.2% TTM. The net profit margin also improved substantially, reflecting enhanced operational efficiency and profitability. Despite a slight decline in net income TTM compared to the previous year, the company's EBIT and EBITDA margins remain robust, indicating solid operational performance.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of approximately 60.4% TTM, indicating solid financial stability. The debt-to-equity ratio is low at roughly 0.048 TTM, suggesting effective leverage management. However, the return on equity has decreased slightly compared to the previous year, which could indicate challenges in generating profits from shareholders' equity despite overall strong financial health.

Cash Flow

Cash flow analysis reveals a positive trend with operating cash flow remaining strong at $110.9 million TTM. The free cash flow has improved significantly, turning positive at $11.1 million TTM from a negative position in prior years, suggesting enhanced cash generation capabilities. The operating cash flow to net income ratio indicates efficient cash conversion, although the free cash flow growth rate reflects fluctuations in capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	233.89M	123.13M	125.09M	79.61M	58.42M
Gross Profit	88.43M	41.40M	48.11M	13.90M	-1.79M
EBITDA	149.22M	66.42M	56.18M	29.80M	27.20M
Net Income	55.40M	28.10M	48.66M	2.10M	-2.36M
Balance Sheet
Total Assets	324.62M	288.57M	247.14M	210.91M	200.48M
Cash, Cash Equivalents and Short-Term Investments	2.55M	11.06M	26.54M	10.35M	996.00K
Total Debt	4.13M	284.00K	11.00M	36.00M	38.75M
Total Liabilities	121.70M	127.62M	106.78M	111.82M	102.49M
Stockholders Equity	202.93M	160.95M	140.35M	99.09M	97.12M
Cash Flow
Free Cash Flow	-3.33M	-4.76M	17.15M	7.89M	5.86M
Operating Cash Flow	115.91M	109.02M	33.13M	28.62M	16.38M
Investing Cash Flow	-114.99M	-105.70M	15.47M	-19.25M	339.00K
Financing Cash Flow	-9.43M	-18.80M	-32.40M	-18.00K	-16.74M

Primeenergy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 163.05
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 163.05 is below the 20-day moving average (MA) of 170.13, above the 50-day MA of 159.59, and below the 200-day MA of 185.84, indicating a neutral trend. The MACD of 2.75 indicates Positive momentum. The RSI at 47.02 is Neutral, neither overbought nor oversold. The STOCH value of 72.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PNRG.

Primeenergy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNRG	74 Outperform	$270.74M	7.65	28.43%	―	69.21%	47.13%
EGY	72 Outperform	$397.22M	10.36	7.60%	6.65%	-2.71%	-54.82%
BRY	66 Neutral	$226.60M	45.34	0.75%	8.90%	-40.96%	―
Sector *	65 Neutral	$14.84B	8.64	2.77%	5.45%	4.51%	-62.52%
SJT	61 Neutral	$263.34M	251.97	-6.27%	0.40%	-91.24%	-94.60%
WTI	54 Neutral	$259.59M	―	203.83%	2.29%	-11.53%	-342.58%
TBN	39 Underperform	$246.67M	―	-10.70%	―	―	―

Primeenergy Corporate Events

PrimeEnergy Holds Annual Stockholders Meeting, June 2025

PrimeEnergy Resources Corporation held its Annual Meeting of stockholders on June 5, 2025, where several key proposals were put to a vote. The company operates in the energy sector, focusing on resources management and development. During the meeting, all management-nominated directors were re-elected for another term, and stockholders approved the executive compensation plan. Additionally, a majority of stockholders voted for a triennial frequency for future votes on executive compensation.