PrimeEnergy Net Income From Continuing Ops from 2010 to 2024

PNRG Stock  USD 114.00  4.51  4.12%   
PrimeEnergy's Net Income From Continuing Ops is increasing over the last several years with slightly volatile swings. Net Income From Continuing Ops is estimated to finish at about 37.4 M this year. During the period from 2010 to 2024 PrimeEnergy Net Income From Continuing Ops regressed destribution of quarterly values had coefficient of variationof  112.06 and r-value of  0.39. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-03-31
Previous Quarter
5.9 M
Current Value
11.3 M
Quarterly Volatility
5.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PrimeEnergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PrimeEnergy main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.2 M, Interest Expense of 508.2 K or Total Revenue of 69.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0314 or PTB Ratio of 1.16. PrimeEnergy financial statements analysis is a perfect complement when working with PrimeEnergy Valuation or Volatility modules.
  
This module can also supplement various PrimeEnergy Technical models . Check out the analysis of PrimeEnergy Correlation against competitors.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.

Latest PrimeEnergy's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of PrimeEnergy over the last few years. It is PrimeEnergy's Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PrimeEnergy's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

PrimeEnergy Net Income From Continuing Ops Regression Statistics

Arithmetic Mean16,677,350
Geometric Mean11,990,739
Coefficient Of Variation112.06
Mean Deviation15,313,400
Median13,440,000
Standard Deviation18,689,353
Sample Variance349.3T
Range61.8M
R-Value0.39
Mean Square Error317.8T
R-Squared0.16
Significance0.15
Slope1,646,681
Total Sum of Squares4890.1T

PrimeEnergy Net Income From Continuing Ops History

202437.4 M
202335.6 M
202248.7 M
20212.1 M
2020-2.4 M
20193.7 M
201814.7 M

About PrimeEnergy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include PrimeEnergy income statement, its balance sheet, and the statement of cash flows. PrimeEnergy investors use historical funamental indicators, such as PrimeEnergy's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although PrimeEnergy investors may use each financial statement separately, they are all related. The changes in PrimeEnergy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PrimeEnergy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on PrimeEnergy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in PrimeEnergy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing Ops35.6 M37.4 M

Currently Active Assets on Macroaxis

When determining whether PrimeEnergy is a strong investment it is important to analyze PrimeEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PrimeEnergy's future performance. For an informed investment choice regarding PrimeEnergy Stock, refer to the following important reports:
Check out the analysis of PrimeEnergy Correlation against competitors.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running PrimeEnergy's price analysis, check to measure PrimeEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PrimeEnergy is operating at the current time. Most of PrimeEnergy's value examination focuses on studying past and present price action to predict the probability of PrimeEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PrimeEnergy's price. Additionally, you may evaluate how the addition of PrimeEnergy to your portfolios can decrease your overall portfolio volatility.
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Is PrimeEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PrimeEnergy. If investors know PrimeEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PrimeEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.321
Earnings Share
14.26
Revenue Per Share
78.586
Quarterly Revenue Growth
0.904
Return On Assets
0.0833
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.