PrimeEnergy Other Operating Expenses from 2010 to 2024
| PNRG Stock | USD 106.61 3.11 3.00% |
Other Operating Expenses | First Reported 1985-12-31 | Previous Quarter 24.3 M | Current Value 30.4 M | Quarterly Volatility 11.3 M |
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.
PrimeEnergy | Other Operating Expenses |
Latest PrimeEnergy's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of PrimeEnergy over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PrimeEnergy. It is also known as PrimeEnergy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. PrimeEnergy's Other Operating Expenses 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.
| Other Operating Expenses | 10 Years Trend |
|
Other Operating Expenses |
| Timeline |
PrimeEnergy Other Operating Expenses Regression Statistics
| Arithmetic Mean | 86,677,975 | |
| Geometric Mean | 74,350,899 | |
| Coefficient Of Variation | 30.88 | |
| Mean Deviation | 18,177,767 | |
| Median | 96,665,000 | |
| Standard Deviation | 26,761,907 | |
| Sample Variance | 716.2T | |
| Range | 113.4M | |
| R-Value | 0.08 | |
| Mean Square Error | 766T | |
| R-Squared | 0.01 | |
| Significance | 0.77 | |
| Slope | 494,562 | |
| Total Sum of Squares | 10026.8T |
PrimeEnergy Other Operating Expenses History
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 Other Operating Expenses, 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 Reported | Projected for Next Year | ||
| Other Operating Expenses | 98.1 M | 63.5 M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PrimeEnergy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PrimeEnergy's short interest history, or implied volatility extrapolated from PrimeEnergy options trading.
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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for PrimeEnergy Stock analysis
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 (0.55) | Earnings Share 10.77 | Revenue Per Share 66.787 | Quarterly Revenue Growth 0.48 | Return On Assets 0.0604 |
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.