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PrimeEnergy Resources

Nasdaq:PNRG
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PNRG
Nasdaq
$306M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • PrimeEnergy Resources has significant price volatility in the past 3 months.
PNRG Share Price and Events
7 Day Returns
-19.7%
NasdaqCM:PNRG
-1.2%
US Oil and Gas
0.4%
US Market
1 Year Returns
67.1%
NasdaqCM:PNRG
-12.4%
US Oil and Gas
13.1%
US Market
PNRG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PrimeEnergy Resources (PNRG) -19.7% -4.4% 18.7% 67.1% 154% 92.4%
US Oil and Gas -1.2% 2% 5.3% -12.4% -14.6% -34%
US Market 0.4% 4% 7.4% 13.1% 38.6% 44.6%
1 Year Return vs Industry and Market
  • PNRG outperformed the Oil and Gas industry which returned -12.4% over the past year.
  • PNRG outperformed the Market in United States of America which returned 13.1% over the past year.
Price Volatility
PNRG
Industry
5yr Volatility vs Market

PNRG Value

 Is PrimeEnergy Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for PrimeEnergy Resources. This is due to cash flow or dividend data being unavailable. The share price is $127.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PrimeEnergy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PrimeEnergy Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PNRG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $6.27
NasdaqCM:PNRG Share Price ** NasdaqCM (2019-11-14) in USD $127
United States of America Oil and Gas Industry PE Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 10.45x
United States of America Market PE Ratio Median Figure of 2,917 Publicly-Listed Companies 18.19x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PrimeEnergy Resources.

NasdaqCM:PNRG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PNRG Share Price ÷ EPS (both in USD)

= 127 ÷ 6.27

20.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PrimeEnergy Resources is overvalued based on earnings compared to the US Oil and Gas industry average.
  • PrimeEnergy Resources is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does PrimeEnergy Resources's expected growth come at a high price?
Raw Data
NasdaqCM:PNRG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.2%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 82 Publicly-Listed Oil and Gas Companies 0.26x
United States of America Market PEG Ratio Median Figure of 2,028 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for PrimeEnergy Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PrimeEnergy Resources's assets?
Raw Data
NasdaqCM:PNRG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $51.48
NasdaqCM:PNRG Share Price * NasdaqCM (2019-11-14) in USD $127
United States of America Oil and Gas Industry PB Ratio Median Figure of 184 Publicly-Listed Oil and Gas Companies 0.82x
United States of America Market PB Ratio Median Figure of 5,070 Publicly-Listed Companies 1.73x
NasdaqCM:PNRG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PNRG Share Price ÷ Book Value per Share (both in USD)

= 127 ÷ 51.48

2.47x

* Primary Listing of PrimeEnergy Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PrimeEnergy Resources is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess PrimeEnergy Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. PrimeEnergy Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PNRG Future Performance

 How is PrimeEnergy Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover PrimeEnergy Resources, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PrimeEnergy Resources expected to grow at an attractive rate?
  • PrimeEnergy Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • PrimeEnergy Resources's earnings growth is positive but not above the United States of America market average.
  • Unable to compare PrimeEnergy Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PNRG Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PNRG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PNRG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PNRG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 111 35 13
2019-06-30 118 45 15
2019-03-31 116 40 8
2018-12-31 117 39 15
2018-09-30 124 44 28
2018-06-30 109 33 22
2018-03-31 102 22 23
2017-12-31 89 40 42
2017-09-30 72 27 19
2017-06-30 71 21 25
2017-03-31 65 26 28
2016-12-31 60 11 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PrimeEnergy Resources's earnings are expected to grow by 9.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if PrimeEnergy Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PNRG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PrimeEnergy Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PNRG Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 6.27
2019-06-30 7.11
2019-03-31 3.98
2018-12-31 6.95
2018-09-30 13.42
2018-06-30 10.26
2018-03-31 10.56
2017-12-31 18.99
2017-09-30 8.26
2017-06-30 11.22
2017-03-31 12.05
2016-12-31 1.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if PrimeEnergy Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess PrimeEnergy Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PrimeEnergy Resources has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PNRG Past Performance

  How has PrimeEnergy Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PrimeEnergy Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • PrimeEnergy Resources's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • PrimeEnergy Resources's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • PrimeEnergy Resources's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
PrimeEnergy Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PrimeEnergy Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PNRG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 111.46 12.66 15.41
2019-06-30 118.09 14.54 14.77
2019-03-31 116.18 8.21 14.45
2018-12-31 116.87 14.53 13.55
2018-09-30 124.10 28.47 13.53
2018-06-30 109.45 22.07 13.84
2018-03-31 101.80 22.99 13.89
2017-12-31 88.92 42.00 9.65
2017-09-30 72.44 18.50 8.04
2017-06-30 71.00 25.44 7.92
2017-03-31 65.10 27.60 7.15
2016-12-31 60.36 3.44 7.85
2016-09-30 58.82 -4.62 9.68
2016-06-30 60.12 -10.20 10.06
2016-03-31 67.90 -14.66 11.33
2015-12-31 74.86 -12.78 12.27
2015-09-30 86.31 7.63 11.91
2015-06-30 100.39 19.08 13.42
2015-03-31 113.63 24.25 13.38
2014-12-31 126.87 27.05 14.46
2014-09-30 130.88 18.53 16.23
2014-06-30 133.70 9.96 15.81
2014-03-31 131.59 12.82 17.07
2013-12-31 127.04 12.27 16.67
2013-09-30 126.26 15.55 16.62
2013-06-30 120.08 14.66 16.57
2013-03-31 115.44 15.99 16.03
2012-12-31 116.99 15.06 15.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • PrimeEnergy Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • PrimeEnergy Resources used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • PrimeEnergy Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess PrimeEnergy Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PrimeEnergy Resources has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PNRG Health

 How is PrimeEnergy Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up PrimeEnergy Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PrimeEnergy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • PrimeEnergy Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of PrimeEnergy Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PrimeEnergy Resources Company Filings, last reported 1 month ago.

NasdaqCM:PNRG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 106.91 61.50 4.36
2019-06-30 105.53 62.00 2.82
2019-03-31 101.98 73.96 8.25
2018-12-31 106.00 66.25 6.32
2018-09-30 103.14 57.53 7.67
2018-06-30 101.44 60.98 5.44
2018-03-31 102.36 64.80 8.42
2017-12-31 102.44 50.84 8.44
2017-09-30 82.70 53.75 9.92
2017-06-30 89.40 44.55 7.72
2017-03-31 93.80 30.59 12.01
2016-12-31 65.88 69.27 10.11
2016-09-30 69.20 71.33 5.40
2016-06-30 65.33 96.13 18.56
2016-03-31 61.18 101.89 13.49
2015-12-31 62.90 95.65 9.75
2015-09-30 73.61 94.96 5.45
2015-06-30 74.88 97.25 6.05
2015-03-31 76.74 101.99 5.68
2014-12-31 78.26 101.56 9.22
2014-09-30 68.92 99.49 9.19
2014-06-30 59.07 111.50 10.32
2014-03-31 55.78 117.73 10.49
2013-12-31 53.14 122.17 9.53
2013-09-30 52.55 117.07 11.52
2013-06-30 50.55 121.32 9.28
2013-03-31 44.88 122.10 8.01
2012-12-31 44.20 122.05 8.60
  • PrimeEnergy Resources's level of debt (57.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (144.2% vs 57.5% today).
  • Debt is well covered by operating cash flow (56.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess PrimeEnergy Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PrimeEnergy Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PNRG Dividends

 What is PrimeEnergy Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from PrimeEnergy Resources dividends.
If you bought $2,000 of PrimeEnergy Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate PrimeEnergy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate PrimeEnergy Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PNRG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 4.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1949 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as PrimeEnergy Resources has not reported any payouts.
  • Unable to verify if PrimeEnergy Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of PrimeEnergy Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PrimeEnergy Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess PrimeEnergy Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PrimeEnergy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PrimeEnergy Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PNRG Management

 What is the CEO of PrimeEnergy Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Charles Drimal
COMPENSATION $3,113,371
AGE 71
TENURE AS CEO 32.1 years
CEO Bio

Mr. Charles E. Drimal, Jr., has been the President of PrimeEnergy Management Corporation, a subsidiary of Primeenergy Corp. and the Managing General Partner of Sterling Gas Drilling Fund 1982, Sterling Drilling Fund 1983-1 and Sterling Drilling Fund 1983-2 since May 1983 and serves as its Chief Executive Officer. Mr. Drimal has been the President and Chief Executive Officer of PrimeEnergy Corp. since October 1987 and serves as its Chairman. He has been an Executive Director of PrimeEnergy Corp. since October 1987. He served as a Director of PrimeEnergy Management Corporation since May 1983. Mr. Drimal graduated from the University of Maryland in 1970 and Samford University School of Law in 1973 and is a Member of the New York State Bar.

CEO Compensation
  • Charles's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Charles's remuneration is higher than average for companies of similar size in United States of America.
Management Team

Charles Drimal

TITLE
President
COMPENSATION
$3M
AGE
71
TENURE
32.1 yrs

Beverly Cummings

TITLE
Executive VP
COMPENSATION
$2M
AGE
66
TENURE
32.1 yrs

Virginia Forese

TITLE
Corporate Secretary & Human Resources Director
Board of Directors Tenure

Average tenure and age of the PrimeEnergy Resources board of directors in years:

31.8
Average Tenure
68.5
Average Age
  • The average tenure for the PrimeEnergy Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Charles Drimal

TITLE
President
COMPENSATION
$3M
AGE
71

Beverly Cummings

TITLE
Executive VP
COMPENSATION
$2M
AGE
66
TENURE
31.8 yrs

Jan Smeets

TITLE
Independent Director
AGE
71
TENURE
31.8 yrs

Clint Hurt

TITLE
Independent Director
AGE
83
TENURE
31.8 yrs

Ebersole Wehrle

TITLE
Independent Director
AGE
61
TENURE
5.5 yrs

Tom Gimbel

TITLE
Independent Director
AGE
65
TENURE
30.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Jul 19 Sell Clint Hurt & Associates, Inc. Company 02. Jul 19 02. Jul 19 -1,203 $130.00 $-156,390
X
Management checks
We assess PrimeEnergy Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PrimeEnergy Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PNRG News

Simply Wall St News

Is PrimeEnergy Resources Corporation's (NASDAQ:PNRG) ROE Of 14% Impressive?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for PrimeEnergy Resources: 14% = US$15m ÷ US$106m (Based on the trailing twelve months to June 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does PrimeEnergy Resources Have A Good Return On Equity? … PrimeEnergy Resources's Debt And Its 14% ROE While PrimeEnergy Resources does have some debt, with debt to equity of just 0.59, we wouldn't say debt is excessive.

Simply Wall St -

Is PrimeEnergy Resources Corporation's (NASDAQ:PNRG) CEO Pay Justified?

Check out our latest analysis for PrimeEnergy Resources How Does Charles Drimal's Compensation Compare With Similar Sized Companies? … At the time of writing our data says that PrimeEnergy Resources Corporation has a market cap of US$232m, and is paying total annual CEO compensation of US$3.1m. … We compared the total CEO remuneration paid by PrimeEnergy Resources Corporation, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Is PrimeEnergy Resources Corporation (NASDAQ:PNRG) A High Quality Stock To Own?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of PrimeEnergy Resources Corporation (NASDAQ:PNRG). … Our data shows PrimeEnergy Resources has a return on equity of 27% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should PrimeEnergy Resources Corporation’s (NASDAQ:PNRG) Weak Investment Returns Worry You?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is PrimeEnergy Resources Corporation's (NASDAQ:PNRG) CEO Being Overpaid?

In 1987 Charles Drimal was appointed CEO of PrimeEnergy Resources Corporation (NASDAQ:PNRG). … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Charles Drimal's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is PrimeEnergy Corporation's (NASDAQ:PNRG) CEO Being Overpaid?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … We examined companies with market caps from US$100m to US$400m, and discovered that the median CEO compensation of that group was US$936k. … Thus we can conclude that Charles Drimal receives more in total compensation than the median of a group of companies in the same market, and of similar size to PrimeEnergy Corporation

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PrimeEnergy Corporation (NASDAQ:PNRG) Delivered A Better ROE Than The Industry, Here’s Why

and want to begin learning the link between company’s fundamentals and stock market performance. … This can be measured by looking at the company’s financial leverage. … With more debt, PNRG can invest even more and earn more money, thus pushing up its returns.

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Does PrimeEnergy Corporation's (NASDAQ:PNRG) PE Ratio Warrant A Buy?

and want to better understand how you can grow your money by investing in PrimeEnergy Corporation (NASDAQ:PNRG). … PrimeEnergy Corporation (NASDAQ:PNRG) is currently trading at a trailing P/E of 6.6x, which is lower than the industry average of 13.4x. … While this makes PNRG appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio

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Is PrimeEnergy Corporation's (NASDAQ:PNRG) Balance Sheet Strong Enough To Weather A Storm?

Does PNRG generate enough cash through operations? … With this debt repayment, PNRG currently has US$6.57M remaining in cash and short-term investments , ready to deploy into the business. … Moreover, PNRG has generated cash from operations of US$11.01M over the same time period, resulting in an operating cash to total debt ratio of 15.89%, indicating that PNRG’s operating cash is not sufficient to cover its debt.

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Is PrimeEnergy Corporation's (PNRG) 39.42% ROE Good Enough Compared To Its Industry?

Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of PNRG’s equity capital deployed. … Since PNRG’s return covers its cost in excess of 28.76%, its use of equity capital is efficient and likely to be sustainable. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqCM:PNRG Last Perf Nov 13th 17 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

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PNRG Company Info

Description

PrimeEnergy Resources Corporation, an independent oil and natural gas company, 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 operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 1,368 active wells and owns non-operating interests in approximately 800 additional wells primarily in Oklahoma, Texas, and West Virginia. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was founded in 1973 and is based in Houston, Texas.

Details
Name: PrimeEnergy Resources Corporation
PNRG
Exchange: NasdaqCM
Founded: 1973
$306,481,461
2,005,375
Website: http://www.primeenergy.com
Address: PrimeEnergy Resources Corporation
9821 Katy Freeway,
Houston,
Texas, 77024,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PNRG Common Stock Nasdaq Capital Market US USD 05. Jul 1974
Number of employees
Current staff
Staff numbers
156
PrimeEnergy Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 23:44
End of day share price update: 2019/11/14 00:00
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.