Primeenergy (PNRG) AI Stock Analysis

• Market Cap: $312.19M
• Dividend Yield: N/A
• Average Volume (3M): 19.28K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 1.07
• Revenue Growth: 69.21%
• EPS Growth: 47.13%
• Country: US
• Employees: 78
• Sector: Energy
• Sector Strength: 40
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 22.00
• Shares Outstanding: 1,660,500
• 10 Day Avg. Volume: 22,976
• 30 Day Avg. Volume: 19,283
• PEG Ratio: -1.01
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -85.23
• Enterprise Value/Market Cap: 0.93
• Enterprise Value/Revenue: 0.38
• Enterprise Value/Gross Profit: 2.31
• Enterprise Value/Ebitda: 0.64
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: $192.00 ▲( 2.56% Upside)

Primeenergy's overall stock score of 65 reflects a solid financial position with potential operational improvements needed. While the stock is technically weak, it offers an attractive valuation, making it appealing for value investors. The lack of recent earnings call and significant corporate events limits additional insights into future prospects.

Primeenergy Business Overview & Revenue Model

Company Description

PrimeEnergy Resources Corporation (PNRG) is an independent oil and natural gas company engaged in the acquisition, development, and production of oil and natural gas properties. The company primarily operates in the United States, focusing on regions with proven reserves to optimize its extraction activities. PrimeEnergy employs advanced technologies and strategic partnerships to enhance its production capabilities while adhering to environmental and regulatory standards.

How the Company Makes Money

PrimeEnergy generates revenue through the exploration, development, and sale of oil and natural gas. The company leverages its assets by acquiring and developing properties with significant resource potential. Its primary revenue streams include the sale of crude oil, natural gas, and natural gas liquids. PrimeEnergy's earnings are significantly influenced by market prices for oil and natural gas, production volumes, and operational efficiencies. Additionally, strategic joint ventures and partnerships with other energy companies can enhance its exploration and production capabilities, contributing to its overall financial performance.

Primeenergy Financial Statement Overview

Summary

Primeenergy exhibits a mixed financial performance. The income statement shows strong EBITDA performance but operational challenges impacting EBIT. The balance sheet remains solid with low leverage and strong equity positions. The cash flow statement highlights healthy operational cash generation but raises concerns over capital expenditure levels affecting free cash flow. Overall, the company demonstrates potential for improvement with strategic operational and investment adjustments.

Income Statement

Primeenergy has shown a volatile revenue growth trajectory, with recent revenue decline indicating potential market challenges. The gross profit margin has improved over time, highlighting better cost management. However, the negative EBIT margin in the latest year reflects operational inefficiencies, despite strong EBITDA margins suggesting good cash flow generation from core operations.

Balance Sheet

The company's debt-to-equity ratio is low, indicating conservative leverage. The return on equity has fluctuated but remains strong, reflecting effective use of shareholder funds. The equity ratio shows a healthy balance between debt and equity, suggesting overall financial stability.

Cash Flow

Primeenergy's operating cash flow is robust, although recent free cash flow has turned negative due to increased capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient cash generation from operations, but the negative free cash flow to net income ratio highlights potential investment or capital allocation concerns.

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
	EBIT
68.82M	25.07M	28.11M	3.48M	-16.81M
	EBITDA
149.22M	66.42M	56.18M	29.80M	27.20M
	Net Income Common Stockholders
55.40M	28.10M	48.66M	2.10M	-2.36M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.55M	11.06M	26.54M	10.35M	996.00K
	Total Assets
324.62M	288.57M	247.14M	210.91M	200.48M
	Total Debt
8.26M	284.00K	11.00M	36.00M	38.75M
	Net Debt
5.71M	-11.06M	-15.54M	25.65M	37.76M
	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: 187.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 above the 20-day moving average (MA) of 175.78, below the 50-day MA of 191.16, and above the 200-day MA of 178.55, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 55.21 is Neutral, neither overbought nor oversold. The STOCH value of 88.04 is Negative, 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
GFR	69 Neutral	$312.55M	2.28	25.10%	―	38.46%	―
EGY	66 Neutral	$349.87M	6.05	11.83%	7.42%	3.02%	-8.43%
GPRK	66 Neutral	$356.60M	4.53	38.79%	8.46%	-14.94%	-25.19%
PNRG	65 Neutral	$312.19M	8.78	28.43%	―	69.21%	47.13%
SD	61 Neutral	$365.77M	5.71	14.68%	4.41%	-15.94%	2.90%
Sector *	57 Neutral	$7.14B	3.33	-3.45%	5.75%	0.66%	-50.76%
CLNE	56 Neutral	$433.12M	―	-30.25%	―	6.50%	-151.25%