PrimeEnergy Resources Corporation

PNRG US

PNRG USPrimeEnergy Resources Corporation

United States Composite

103.51

USD

-3.14

(-2.94%)

14.64EPS Dil.

5.00P/E

207.02MMarket Cap

Next Earnings

November 17

Held by Insiders

71.81%

Held by Institutions

7.38%

Short % of Float

0.31%

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	46.24	46.1	51.32	61.24	34.2	24.75	40.38	56.53	51.89	29.3	36.37	70.16	66.55	77.77
Basic EPS, GAAP	1.75	5.74	5.04	11.46	-5.53	1.5	18.99	6.96	1.72	-1.16	1.05	24.9	15.19	20.69
Free Cash Flow per Basic Share	0.51	-17.76	0.72	7.37	2.88	-4.29	-8.7	-3.83	4.54	2.94	3.96	8.78	58.93	46.07
Dividend per Share	0.65	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	19.12	26.57	33.07	45.45	40.46	42.34	63.95	61.73	64.73	63.73	64.85	93.55	113.16	121.38
Tangible Book Value per Share	13.23	17.6	22.24	33.54	27.29	28.84	47.23	51.96	51.71	49.15	49.74	73.83	88.43	94.65
Basic Weighted Avg Shares	3	3	2	2	2	2	2	2	2	2	2	2	2	2
Sales/Revenue/Turnover	127	121	125	145	79	57	89	118	105	58	72	137	123	143
Operating Margin (%)	7.56	20.16	17.32	28.29	-22.2	-37.61	0.81	14.69	3.93	-28.78	4.8	29.09	20.36	26.07
Depreciation Expense	48	23	22	26	32	30	36	38	36	28	26	27	31	35
Net Income, GAAP	5	15	12	27	-13	3	42	15	3	-2	2	49	28	38
Effective Tax Rate (%)	16.04	31.7	33.66	32.2	- -	27.92	- -	16.88	27.97	- -	54.2	17.51	17.88	18.74
Profit Margin (%)	3.79	12.45	9.81	18.71	-16.16	6.07	47.02	12.3	3.32	-3.96	2.9	35.5	22.82	26.6
Working Capital	-14	- -	2	5	1	-9	-21	-7	1	-5	4	31	-33	-56
LT Debt	70	122	120	98	93	66	48	66	54	38	36	11	- -	4
Total Equity	36	44	53	78	63	66	102	106	103	98	99	140	161	169
Return on Invested Capital (%)	6.95	12.28	8.43	15.4	- -	-10.41	- -	8.75	1.8	- -	1.17	22.23	12.81	18.57
Return on Capital (%)	4.34	10.91	6.88	13.03	- -	2.16	- -	8.77	3.09	- -	1.8	27.92	14.46	19.03
Return on Common Equity (%)	9.77	25.43	16.84	29.23	-12.83	3.63	35.68	10.98	2.72	-1.81	1.64	31.7	14.64	19.17

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	7.92%	9.51%	-10.19%
Net Income, GAAP	264.42%	348.8%	-42.25%
Free Cash Flow	105.07%	87.42%	535.54%
Total Cash Common Dividend	- -	- -	- -
Total Equity	14.11%	9.95%	14.68%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Charles E. Drimal Jr.
Full Time Employees: 114
Sector: Energy
Industry: Oil & Gas E&P
Address: 9821 Katy Freeway Houston TX United States 77024
Website: www.primeenergy.com
Business: PrimeEnergy Resources Corporation, 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, site-preparation, and construction services for oil and gas drilling and reworking operations. 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.

Company News

seekingalpha
a month ago
PrimeEnergy Resources GAAP EPS of $4.41, revenue of $42.99M
Yahoo Finance
2 months ago
Director Clint Hurt Sells 4,558 Shares of PrimeEnergy Resources Corp (PNRG)
GuruFocus.com
2 months ago
Director Clint Hurt Sells 4,558 Shares of PrimeEnergy Resources Corp (PNRG)
Yahoo
3 months ago
Those who invested in PrimeEnergy Resources (NASDAQ:PNRG) three years ago are up 80%

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	46.24	46.1	51.32	61.24	34.2	24.75	40.38	56.53	51.89	29.3	36.37	70.16	66.55	77.77
Basic EPS, GAAP	1.75	5.74	5.04	11.46	-5.53	1.5	18.99	6.96	1.72	-1.16	1.05	24.9	15.19	20.69
Free Cash Flow per Basic Share	0.51	-17.76	0.72	7.37	2.88	-4.29	-8.7	-3.83	4.54	2.94	3.96	8.78	58.93	46.07
Dividend per Share	0.65	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	19.12	26.57	33.07	45.45	40.46	42.34	63.95	61.73	64.73	63.73	64.85	93.55	113.16	121.38
Tangible Book Value per Share	13.23	17.6	22.24	33.54	27.29	28.84	47.23	51.96	51.71	49.15	49.74	73.83	88.43	94.65
Basic Weighted Avg Shares	3	3	2	2	2	2	2	2	2	2	2	2	2	2
Sales/Revenue/Turnover	127	121	125	145	79	57	89	118	105	58	72	137	123	143
Operating Margin (%)	7.56	20.16	17.32	28.29	-22.2	-37.61	0.81	14.69	3.93	-28.78	4.8	29.09	20.36	26.07
Depreciation Expense	48	23	22	26	32	30	36	38	36	28	26	27	31	35
Net Income, GAAP	5	15	12	27	-13	3	42	15	3	-2	2	49	28	38
Effective Tax Rate (%)	16.04	31.7	33.66	32.2	- -	27.92	- -	16.88	27.97	- -	54.2	17.51	17.88	18.74
Profit Margin (%)	3.79	12.45	9.81	18.71	-16.16	6.07	47.02	12.3	3.32	-3.96	2.9	35.5	22.82	26.6
Working Capital	-14	- -	2	5	1	-9	-21	-7	1	-5	4	31	-33	-56
LT Debt	70	122	120	98	93	66	48	66	54	38	36	11	- -	4
Total Equity	36	44	53	78	63	66	102	106	103	98	99	140	161	169
Return on Invested Capital (%)	6.95	12.28	8.43	15.4	- -	-10.41	- -	8.75	1.8	- -	1.17	22.23	12.81	18.57
Return on Capital (%)	4.34	10.91	6.88	13.03	- -	2.16	- -	8.77	3.09	- -	1.8	27.92	14.46	19.03
Return on Common Equity (%)	9.77	25.43	16.84	29.23	-12.83	3.63	35.68	10.98	2.72	-1.81	1.64	31.7	14.64	19.17

Year	Q1	Q2	Q3	Q4	FY
2022	5.62	5.57	6.79	6.97	24.9
2023	0.75	5.35	5.84	3.23	15.19
2024	6.26	- -	- -	- -	- -

	Sep'23	Dec'23	Mar'24
ST Debt	- -	- -	4
LT Borrowings	- -	- -	4
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	2	2	2
Market Capitalization	214	188	179

	Sep'23	Dec'23	Mar'24
Total Current Assets	38	32	32
Accounts Receivable, Net	17	20	24
Cash, Cash Equivalents & STI	20	11	2
Inventories	- -	- -	- -
Total Current Liabilities	42	65	88
Payables & Accruals	36	54	75
ST Debt	- -	- -	4
Deferred Revenue	- -	- -	- -