PrimeEnergy Resources Stock (NASDAQ:PNRG)


RevenueOwnershipFinancialsChart

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$193.40

52W Range

$92.40 - $203.03

50D Avg

$160.08

200D Avg

$121.11

Market Cap

$342.11M

Avg Vol (3M)

$6.71K

Beta

0.50

Div Yield

-

PNRG Company Profile


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 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.

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Industry

Oil & Gas Exploration & Production

Sector

Energy

Exchange

NASDAQ

ADR

-

Country

US

Employees

115

IPO Date

Mar 17, 1980

Website

PNRG Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Oil and Gas Service$15.38M$12.98M$11.81M
Oil Sales$87.91M--
Naturals Gas$7.93M$18.43M$11.43M
Natural Gas Liquid$11.90M$14.89M$11.22M
Oil sales-$90.80M$50.47M
Administrative Service--$4.61M

Fiscal year ends in Dec 23 | Currency in USD

PNRG Financial Summary


Dec 23Dec 22Dec 21
Revenue$20.25M$125.09M$79.61M
Operating Income$-2.50M$28.11M$3.48M
Net Income$28.10M$48.66M$2.10M
EBITDA$65.20M$56.18M$29.80M
Basic EPS$15.19$24.91$1.05
Diluted EPS$10.77$17.95$0.76

Fiscal year ends in Dec 23 | Currency in USD

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