Primeenergy Stock Revenue
| PNRG Stock | USD 104.56 1.05 1.01% |
PrimeEnergy fundamentals help investors to digest information that contributes to PrimeEnergy's financial success or failures. It also enables traders to predict the movement of PrimeEnergy Stock. The fundamental analysis module provides a way to measure PrimeEnergy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PrimeEnergy stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 123.1 M | 69.7 M |
PrimeEnergy | Revenue |
PrimeEnergy Company Revenue Analysis
PrimeEnergy's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current PrimeEnergy Revenue | 123.12 M |
Most of PrimeEnergy's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PrimeEnergy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of PrimeEnergy
Projected quarterly revenue analysis of PrimeEnergy provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of PrimeEnergy match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in PrimeEnergy's stock price.
PrimeEnergy Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for PrimeEnergy is extremely important. It helps to project a fair market value of PrimeEnergy Stock properly, considering its historical fundamentals such as Revenue. Since PrimeEnergy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PrimeEnergy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PrimeEnergy's interrelated accounts and indicators.
| 0.2 | -0.01 | 0.32 | 0.24 | 0.03 | ||
| 0.2 | 0.79 | -0.14 | 0.76 | 0.53 | ||
| -0.01 | 0.79 | -0.04 | 0.55 | 0.38 | ||
| 0.32 | -0.14 | -0.04 | -0.43 | -0.51 | ||
| 0.24 | 0.76 | 0.55 | -0.43 | 0.53 | ||
| 0.03 | 0.53 | 0.38 | -0.51 | 0.53 |
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PrimeEnergy Revenue Historical Pattern
Today, most investors in PrimeEnergy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PrimeEnergy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of PrimeEnergy revenue as a starting point in their analysis.
PrimeEnergy Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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PrimeEnergy Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, PrimeEnergy reported 123.12 M of revenue. This is 99.75% lower than that of the Oil, Gas & Consumable Fuels sector and 96.26% lower than that of the Energy industry. The revenue for all United States stocks is 98.69% higher than that of the company.
PrimeEnergy Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PrimeEnergy's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PrimeEnergy could also be used in its relative valuation, which is a method of valuing PrimeEnergy by comparing valuation metrics of similar companies.PrimeEnergy is currently under evaluation in revenue category among its peers.
PrimeEnergy Current Valuation Drivers
We derive many important indicators used in calculating different scores of PrimeEnergy from analyzing PrimeEnergy's financial statements. These drivers represent accounts that assess PrimeEnergy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PrimeEnergy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 305.5M | 86.1M | 139.6M | 169.7M | 152.8M | 160.4M | |
| Enterprise Value | 358.0M | 123.9M | 165.3M | 154.2M | 138.8M | 93.9M |
PrimeEnergy Institutional Holders
Institutional Holdings refers to the ownership stake in PrimeEnergy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PrimeEnergy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PrimeEnergy's value.| Shares | Advantage Alpha Capital Partners, Lp | 2023-12-31 | 4.9 K | New York State Common Retirement Fund | 2023-12-31 | 4.2 K | Strs Ohio | 2023-12-31 | 3.6 K | Wedbush Morgan Securities Inc | 2023-12-31 | 3.2 K | Citadel Advisors Llc | 2023-09-30 | 3 K | Susquehanna International Group, Llp | 2023-12-31 | 2.9 K | Bank Of America Corp | 2023-12-31 | 2.6 K | Renaissance Technologies Corp | 2023-12-31 | 2.4 K | Bnp Paribas Arbitrage, Sa | 2023-12-31 | 2.3 K | Blackrock Inc | 2023-12-31 | 36.5 K | Vanguard Group Inc | 2023-12-31 | 30.6 K |
PrimeEnergy Fundamentals
| Return On Equity | 0.25 | |||
| Return On Asset | 0.0833 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 189.57 M | |||
| Shares Outstanding | 1.78 M | |||
| Shares Owned By Insiders | 70.18 % | |||
| Shares Owned By Institutions | 11.90 % | |||
| Number Of Shares Shorted | 2.85 K | |||
| Price To Earning | 8.09 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 1.63 X | |||
| Revenue | 123.12 M | |||
| Gross Profit | 88.22 M | |||
| EBITDA | 56.73 M | |||
| Net Income | 28.1 M | |||
| Cash And Equivalents | 11.07 M | |||
| Cash Per Share | 5.72 X | |||
| Total Debt | 284 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.16 X | |||
| Book Value Per Share | 94.64 X | |||
| Cash Flow From Operations | 109.02 M | |||
| Short Ratio | 1.14 X | |||
| Earnings Per Share | 14.65 X | |||
| Number Of Employees | 115 | |||
| Beta | 0.55 | |||
| Market Capitalization | 186.62 M | |||
| Total Asset | 289.45 M | |||
| Retained Earnings | 205.67 M | |||
| Working Capital | (33.03 M) | |||
| Current Asset | 16.92 M | |||
| Current Liabilities | 90.78 M | |||
| Net Asset | 289.45 M |
About PrimeEnergy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PrimeEnergy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PrimeEnergy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PrimeEnergy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in PrimeEnergy Stock
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 PrimeEnergy Piotroski F Score and PrimeEnergy Altman Z Score analysis. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Oil & Gas Exploration & Production space 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 14.65 | 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.