PrimeEnergy Extraordinary Items vs Total Revenue Analysis

PNRG Stock  USD 114.00  4.51  4.12%   
PrimeEnergy financial indicator trend analysis is much more than just breaking down PrimeEnergy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PrimeEnergy is a good investment. Please check the relationship between PrimeEnergy Extraordinary Items and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.

Extraordinary Items vs Total Revenue

Extraordinary Items vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PrimeEnergy Extraordinary Items account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between PrimeEnergy's Extraordinary Items and Total Revenue is 0.07. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Total Revenue in the same time period over historical financial statements of PrimeEnergy, assuming nothing else is changed. The correlation between historical values of PrimeEnergy's Extraordinary Items and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of PrimeEnergy are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Extraordinary Items i.e., PrimeEnergy's Extraordinary Items and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Extraordinary Items

Total Revenue

Total revenue comprises all receipts PrimeEnergy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from PrimeEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PrimeEnergy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.At this time, PrimeEnergy's Enterprise Value Multiple is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense2.0M909K535K508.3K
Depreciation And Amortization26.3M28.1M31.7M21.2M

PrimeEnergy fundamental ratios Correlations

0.160.520.690.70.970.090.790.410.97-0.170.410.680.340.51-0.290.650.660.48-0.22-0.040.29-0.77-0.790.520.09
0.16-0.27-0.19-0.570.170.99-0.46-0.070.16-0.33-0.070.210.350.920.060.82-0.510.090.450.230.42-0.11-0.1-0.510.6
0.52-0.270.680.550.59-0.260.57-0.090.590.49-0.090.330.27-0.05-0.240.070.61-0.13-0.06-0.420.06-0.1-0.130.36-0.47
0.69-0.190.680.580.61-0.260.640.450.610.290.450.610.550.020.180.290.760.510.140.10.58-0.32-0.340.26-0.31
0.7-0.570.550.580.68-0.620.990.370.680.020.370.37-0.08-0.21-0.41-0.080.870.29-0.58-0.28-0.2-0.59-0.610.82-0.26
0.970.170.590.610.680.120.770.211.0-0.140.210.630.270.53-0.360.630.590.27-0.27-0.120.21-0.76-0.770.570.02
0.090.99-0.26-0.26-0.620.12-0.52-0.210.12-0.3-0.210.160.310.890.070.77-0.58-0.040.450.220.37-0.06-0.05-0.530.55
0.79-0.460.570.640.990.77-0.520.410.77-0.010.410.43-0.01-0.08-0.410.060.880.34-0.55-0.25-0.09-0.65-0.670.82-0.24
0.41-0.07-0.090.450.370.21-0.210.410.22-0.161.00.360.180.05-0.050.230.530.92-0.080.060.26-0.36-0.360.160.24
0.970.160.590.610.681.00.120.770.22-0.140.220.630.270.53-0.360.620.590.27-0.27-0.120.21-0.76-0.770.570.02
-0.17-0.330.490.290.02-0.14-0.3-0.01-0.16-0.14-0.16-0.14-0.06-0.40.13-0.340.28-0.280.19-0.170.020.480.47-0.04-0.54
0.41-0.07-0.090.450.370.21-0.210.411.00.22-0.160.360.180.05-0.050.230.530.92-0.080.060.26-0.36-0.360.160.24
0.680.210.330.610.370.630.160.430.360.63-0.140.360.420.380.120.610.350.480.230.270.5-0.66-0.660.150.3
0.340.350.270.55-0.080.270.31-0.010.180.27-0.060.180.420.370.350.460.140.360.540.370.710.010.0-0.30.13
0.510.92-0.050.02-0.210.530.89-0.080.050.53-0.40.050.380.37-0.120.94-0.210.20.210.160.38-0.42-0.42-0.170.55
-0.290.06-0.240.18-0.41-0.360.07-0.41-0.05-0.360.13-0.050.120.35-0.120.0-0.270.120.570.780.560.150.15-0.43-0.01
0.650.820.070.29-0.080.630.770.060.230.62-0.340.230.610.460.940.0-0.030.390.260.240.56-0.54-0.53-0.120.46
0.66-0.510.610.760.870.59-0.580.880.530.590.280.530.350.14-0.21-0.27-0.030.46-0.28-0.23-0.01-0.39-0.410.58-0.29
0.480.09-0.130.510.290.27-0.040.340.920.27-0.280.920.480.360.20.120.390.460.090.290.43-0.41-0.41-0.010.35
-0.220.45-0.060.14-0.58-0.270.45-0.55-0.08-0.270.19-0.080.230.540.210.570.26-0.280.090.340.570.370.38-0.810.35
-0.040.23-0.420.1-0.28-0.120.22-0.250.06-0.12-0.170.060.270.370.160.780.24-0.230.290.340.53-0.15-0.14-0.220.18
0.290.420.060.58-0.20.210.37-0.090.260.210.020.260.50.710.380.560.56-0.010.430.570.53-0.07-0.08-0.330.02
-0.77-0.11-0.1-0.32-0.59-0.76-0.06-0.65-0.36-0.760.48-0.36-0.660.01-0.420.15-0.54-0.39-0.410.37-0.15-0.071.0-0.58-0.26
-0.79-0.1-0.13-0.34-0.61-0.77-0.05-0.67-0.36-0.770.47-0.36-0.660.0-0.420.15-0.53-0.41-0.410.38-0.14-0.081.0-0.59-0.25
0.52-0.510.360.260.820.57-0.530.820.160.57-0.040.160.15-0.3-0.17-0.43-0.120.58-0.01-0.81-0.22-0.33-0.58-0.59-0.36
0.090.6-0.47-0.31-0.260.020.55-0.240.240.02-0.540.240.30.130.55-0.010.46-0.290.350.350.180.02-0.26-0.25-0.36
Click cells to compare fundamentals

PrimeEnergy Account Relationship Matchups

PrimeEnergy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets229.4M200.5M210.9M247.1M289.5M303.9M
Short Long Term Debt Total53.5M38.8M36M11M284K269.8K
Other Current Liab753K723K14.4M(14.4M)53.8M56.5M
Total Current Liabilities15.6M14.1M21.7M41.0M64.8M68.0M
Total Stockholder Equity100.1M97.1M99.1M140.4M161.0M169.0M
Property Plant And Equipment Net212.1M191.1M184.7M174.0M256.1M268.9M
Net Debt52.5M37.8M25.7M(15.5M)(10.8M)(10.2M)
Retained Earnings129.1M126.8M128.9M177.6M205.7M216.0M
Cash1.0M996K10.3M26.5M11.1M7.7M
Non Current Assets Total213.0M191.6M185.6M175.0M257.7M270.6M
Non Currrent Assets Other(35.1M)(35.8M)(37.8M)(39.0M)673.0K706.6K
Cash And Short Term Investments1.0M996K10.3M26.5M11.1M7.7M
Net Receivables14.4M7.2M14.2M12.5M20.3M10.5M
Common Stock Shares Outstanding2.8M2.0M2.7M2.7M2.6M3.4M
Liabilities And Stockholders Equity229.4M200.5M210.9M247.1M289.5M303.9M
Non Current Liabilities Total110.4M88.4M90.1M65.8M63.7M72.5M
Other Stockholder Equity(29.3M)(30.0M)(30.1M)(37.5M)(45M)(42.8M)
Total Liab126.0M102.5M111.8M106.8M128.5M95.8M
Property Plant And Equipment Gross212.1M191.1M184.7M582.5M686.7M721.1M
Total Current Assets16.4M8.9M25.3M72.2M31.8M24.3M
Other Current Assets127K104K40K38K414K393.3K
Short Term Debt8.2M487K1.6M3.9M246K233.7K
Accounts Payable6.4M5.2M7.3M11.5M9.8M13.7M
Other Liab56.9M50.1M54.0M54.7M62.9M66.0M
Other Assets866K520K923K985K1.00.95
Long Term Debt54.2M38.3M37.5M11M12.7M12.0M
Treasury Stock(31.3M)(36.8M)(37.5M)(37.6M)(33.9M)(35.6M)
Property Plant Equipment212.1M191.1M184.7M174.0M200.1M174.2M
Current Deferred Revenue205K7.7M(1.6M)40.0M929K882.6K
Inventory897K590K733K33.0M38.0M39.9M
Net Tangible Assets100.1M97.1M99.1M140.4M161.4M85.0M
Noncontrolling Interest In Consolidated Entity7.1M4.0M3.2M874K786.6K747.3K
Retained Earnings Total Equity125.6M129.1M126.8M128.9M148.2M108.3M
Long Term Debt Total49.0M65.5M54.2M37.5M33.7M58.1M
Capital Surpluse7.4M7.5M7.5M7.6M8.7M8.2M

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.