Primeenergy (PNRG) AI Stock Analysis

• Market Cap: $291.77M
• Dividend Yield: N/A
• Average Volume (3M): 102.20K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.96
• Revenue Growth: 69.21%
• EPS Growth: 47.13%
• Country: US
• Employees: 78
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): N/A
• Shares Outstanding: 1,660,500
• 10 Day Avg. Volume: 59,005
• 30 Day Avg. Volume: 102,201
• PEG Ratio: -1.84
• Price to Book (P/B): 1.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.94
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 0.31
• Enterprise Value/Gross Profit: 2.22
• Enterprise Value/Ebitda: 0.51
• 1Y Price Target: $152.00
• Price Target Upside: -13.49% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: $205.00 ▲(16.67%Upside)

Primeenergy's strong financial performance and attractive valuation are the primary drivers of its stock score. The technical indicators suggest a positive trend, though caution is advised due to potential overbought signals. The lack of dividend yield and absence of recent earnings call data slightly temper the overall outlook.

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 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.

How the Company Makes Money

PrimeEnergy generates revenue primarily through the sale of crude oil and natural gas produced from its exploration and production activities. The company owns and operates various oil and gas properties, which it develops to extract these resources. Additionally, PrimeEnergy engages in strategic joint ventures and partnerships to optimize its resource extraction and production capabilities. Revenue is influenced by market prices for oil and natural gas, production volumes, and operational efficiency. The company may also benefit from governmental incentives or tax structures favorable to the energy sector, contributing to its profitability.

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: Positive
• Last Price: 175.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 175.71 is above the 20-day moving average (MA) of 157.50, above the 50-day MA of 164.59, and below the 200-day MA of 185.00, indicating a neutral trend. The MACD of 1.70 indicates Negative momentum. The RSI at 62.67 is Neutral, neither overbought nor oversold. The STOCH value of 66.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PNRG.

Primeenergy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNRG	79 Outperform	$291.77M	8.25	28.43%	―	69.21%	47.13%
EGY	75 Outperform	$397.63M	6.79	11.83%	6.53%	3.02%	-8.43%
BRY	73 Outperform	$242.88M	9.56	-5.66%	8.31%	-31.28%	-1265.13%
Sector *	67 Neutral	$15.28B	9.73	6.25%	5.18%	4.49%	-71.88%
SJT	61 Neutral	$268.93M	251.97	39.61%	0.40%	-85.94%	-88.55%
WTI	51 Neutral	$259.87M	―	203.83%	2.27%	-5.05%	-383.38%
TBN	39 Underperform	$246.67M	―	-10.70%	―	―	57.82%

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.