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Primeenergy Resources Corp (PNRG) stock

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NASDAQ: PNRG Nasdaq Oil & Gas Exploration & Production Next results ~November 16, 2026

B Fundamentals grade

Primeenergy Resources Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$160

Cash-flow model

Base case. Range ~$120–$210 across our lower- and higher-growth cases (-4.5%–5.5% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 27% above our base value.

Price used: $202.23, November 2, 2026

Primeenergy Resources Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 2 selling1 purchase and 20 sales by directors and officers, last 12 monthsInsider trades
  • Funds58 adding, 33 cuttingOf 18 active managers that changed their stake, 10 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Primeenergy Resources files

Where Primeenergy Resources stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $179m, down 19.4% on a year earlier, a smaller fall than the 27.1% decline a quarter earlier. Free-cash-flow margin rose to 27.3% from 0.8% a year earlier. Operating margin narrowed to 26.6% from 43.9%. The diluted share count is down 3.0% on a year earlier, which lifts each remaining share. It passes 6 of our 7 financial-health checks. Our cash-flow model value is $117 a share, against a share price of $225.

Source: 10-Q filed August 14, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 16, 2026 (estimated)

Primeenergy Resources Corp's trailing-twelve-month revenue fell 19.4% year on year, with a free-cash-flow margin of 27.3%. Where it stands out: long-term debt as % of assets of 0.0% ranks 1 of 43 oil & gas exploration & production companies we cover. Where it lags: revenue growth of -19.4% ranks 48 of 57 oil & gas exploration & production companies we cover.

Our discounted-cash-flow model values the business at ~$160 per share in the base case (~$120–$210 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 2494.5% while net income fell 32.4%: a 2527pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 26.6% of revenue is left as operating profit.
  • Strong cash generation. 27.3% of revenue turned into free cash flow, against a median of 23.2% for oil & gas exploration & production companies we cover.
  • Shrinking share count. Diluted shares fell 3.0% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Revenue shrinking. Revenue fell 19.4% over the last 12 months.
  • Margins narrowing. Operating margin is down 17.3 points on a year ago.
  • Volatile shares. Over the past year the shares showed annualised volatility of 56% and a beta of -0.3 against the S&P 500.
  • Heavily shorted. 15.7% of the shares available to trade are sold short (1.2 days of average volume to cover).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 68.4% over 90 days.
  • Earnings expected to fall. The consensus expects earnings per share to fall 55% next year.

Latest results: FY2026 Q2

Filed August 14, 2026
Earnings per share
$2.75 against an average estimate of $5.90: missed by 53.4%
Revenue
$42m, up 1.2% on a year earlier
Next report
November 16, 2026; average EPS estimate $3.01

Primeenergy Resources' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-11.4%
  • 1 week-7.3%
  • 1 month-1.2%
  • This year+18.3%
  • 1 year+49.5%
  • 5 years+192.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$179M
Net margin
13.9%
EPS (TTM, diluted)
$10.37

Growth

Revenue growth
−19.4%
Change in growth rate
+7.7 pts
Share count change
−3.0%

Cash

Free cash flow (TTM)
$48.8M
FCF margin
27.3%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Insider trade
  3. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Primeenergy Resources Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$160
Price used
$199.89close November 3, 2026
Implied change
▼ 18%
Uncertainty
Low

How we got here: the combined value of 3 valuation models built for a business like Primeenergy Resources Corp (see the models table below and how they are combined) , with a 8.21% cost of equity. The models span ~$160–~$170; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Primeenergy Resources Corp's free cash flow after stock-based pay ( $16.4M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Primeenergy Resources Corp as an oil and gas producer, with every model that fits that kind of business. Cost of equity 8.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.73 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. ~$160 Primary model, counts double
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$160 ~$120–$210 Included
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$170 ~$140–$270 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$810 ~$550–$1200 Left out: far from the other models (more than 3x away from their median)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$530 ~$440–$650 Left out: far from the other models (more than 3x away from their median)
Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$160 ~$160–$170 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Primeenergy Resources Corp with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −24%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −4%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $167$221$292$385$506$663
8.5% $132$171$222$289$375$487
10% $111$141$180$231$297$382

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$53.00$54.00$51.50$70.05$151.26$43.17$70.10$86.87$106.35$219.59$171.00$202.23
Market value$123m$164m$153m$199m$421m$86m$192m$236m$277m$554m$414m$484m
+ Net debt (− = net cash)$82m$59m$42m$60m$52m$38m$26m−$16m−$11m$1m−$7m−$29m
Enterprise value$205m$224m$195m$259m$473m$124m$218m$220m$266m$556m$407m$455m
Multiples
Price / sales 1.5x2.9x1.7x1.7x4.0x1.5x2.7x1.5x2.1x2.3x2.2x2.7x
Price / earnings —47.7x3.6x13.7x121.0x—91.7x4.8x9.9x10.0x15.7x19.5x
Price / free cash flow 18.4x———45.9x14.7x24.4x13.7x——19.9x9.9x
EV / EBITDA 13.3x5.4x2.5x4.4x10.5x4.6x7.0x2.5x————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

60 /100

Moderate moat

How hard Primeenergy Resources's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 16 / 20

    Net income has been a median 9.9% of total assets over 10 years.

  • Pricing power 17 / 20

    Gross margin has been a median 90.8%, moving by 4.6 percentage points (standard deviation) across 8 years.

  • Durability 4 / 20

    Operating margin has been a median 14.6%; its worst year was -9.3%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.1% of revenue.

  • Discipline 15 / 20

    The diluted share count fell 14.6% over five years.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 16, 2026. Analysts expect revenue of $42m and EPS of $3.01 (range $3.01 to $3.01) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $13.85 — $174m −8%
Next $6.18 −55% $141m −19%

Next year's EPS estimate has moved −68.4% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −45.1% on 90 days ago. In the last 30 days, 0 analysts raised Primeenergy Resources Corp's forecast and 1 cut it.

Consensus EPS forecast Primeenergy Resources Corp, last 90 days
$0.00 $10.00 $20.00 $30.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $25.25 Current fiscal year, 60 days ago: $13.97 Current fiscal year, 30 days ago: $13.97 Current fiscal year, 7 days ago: $13.97 Current fiscal year, Now: $13.85 $13.85 Next fiscal year, 90 days ago: $19.54 Next fiscal year, 60 days ago: $5.82 Next fiscal year, 30 days ago: $5.82 Next fiscal year, 7 days ago: $5.82 Next fiscal year, Now: $6.18 $6.18

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $25.25$19.54
60 days ago $13.97$5.82
30 days ago $13.97$5.82
7 days ago $13.97$5.82
Now $13.85$6.18

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $5.90 $2.75 −53.4%
Mar 2026 $8.57 $1.82 −78.8%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Primeenergy Resources Corp's revenue by -5.2% next year and -2.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-12.1%, weight 45%) and the company's own record (+0.5%, weight 55%) . How the weights are set.

Analyst recommendations

1 analysts, Oct 2026
Buy00%
Hold1100%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering Primeenergy Resources Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
15.7%
of tradable shares
Days to cover
1.18
at average volume
Short interest, 1 month
+25%
to October 15, 2026
Held by institutions
37%
of shares
Held by insiders
59.7%
of shares
Employees
67
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +49.5%

$135.24 on October 31, 2025 to $202.23

ThenNowEffect
Revenue (last 12 months) $222m $179m −19.4%
Net margin 16.5% 13.9% −16.1%
P/E multiple 9.1x 19.5x +114.5%
Share count 2m 2m +3.1%

Biggest factor: p/e multiple.

Last 3 years +87.3%

$107.99 on November 3, 2023 to $202.23

ThenNowEffect
Revenue (last 12 months) $154m $179m +16.0%
Net margin 24.7% 13.9% −43.8%
P/E multiple 7.6x 19.5x +157.5%
Share count 3m 2m +11.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
PNRG+62%+24%+22%+107%−22%+18%
Industry peers (median)+88%+55%−8%+1%−15%+17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
PNRG58%58%58%83%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
PNRG−32%−28%−16%−21%−45%−40%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 81% from March 20, 2019 to January 28, 2021. Getting back needed a 426% gain, reached on November 8, 2024, 1380 days after the low.

Price behaviour

52-week range
$133.13 – $272.59
From 52-week high
−25.8%
vs 50-day average
−4.1%
vs 200-day average
−0.6%
Volatility (1 year)
56%
Beta vs S&P 500
-0.29

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Primeenergy Resources Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Primeenergy Resources Corp
$100M $150M $200M $250M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $152.5M Revenue (TTM), FY23 Q4: $132.8M Revenue (TTM), FY24 Q1: $153M Revenue (TTM), FY24 Q2: $182.1M Revenue (TTM), FY24 Q3: $214M Revenue (TTM), FY24 Q4: $237.8M Revenue (TTM), FY25 Q1: $244.9M Revenue (TTM), FY25 Q2: $222M Revenue (TTM), FY25 Q3: $198.5M Revenue (TTM), FY25 Q4: $189.1M Revenue (TTM), FY26 Q1: $178.4M Revenue (TTM), FY26 Q2: $178.9M $178.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $152.5M
FY23 Q4 $132.8M
FY24 Q1 $153M
FY24 Q2 $182.1M
FY24 Q3 $214M
FY24 Q4 $237.8M
FY25 Q1 $244.9M
FY25 Q2 $222M
FY25 Q3 $198.5M
FY25 Q4 $189.1M
FY26 Q1 $178.4M
FY26 Q2 $178.9M
Revenue growth, TTM YoY Primeenergy Resources Corp
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 16.5% Revenue growth, TTM YoY, FY23 Q4: -15.5% Revenue growth, TTM YoY, FY24 Q1: -0.7% Revenue growth, TTM YoY, FY24 Q2: 18.1% Revenue growth, TTM YoY, FY24 Q3: 40.3% Revenue growth, TTM YoY, FY24 Q4: 79.0% Revenue growth, TTM YoY, FY25 Q1: 60.1% Revenue growth, TTM YoY, FY25 Q2: 21.9% Revenue growth, TTM YoY, FY25 Q3: -7.2% Revenue growth, TTM YoY, FY25 Q4: -20.5% Revenue growth, TTM YoY, FY26 Q1: -27.1% Revenue growth, TTM YoY, FY26 Q2: -19.4% -19.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 16.5%
FY23 Q4 -15.5%
FY24 Q1 -0.7%
FY24 Q2 18.1%
FY24 Q3 40.3%
FY24 Q4 79.0%
FY25 Q1 60.1%
FY25 Q2 21.9%
FY25 Q3 -7.2%
FY25 Q4 -20.5%
FY26 Q1 -27.1%
FY26 Q2 -19.4%
Operating margin (TTM) Primeenergy Resources Corp
-20% 0% 20% 40% 60% FY20 Q4 FY21 Q3 FY22 Q2 FY23 Q3 Operating margin (TTM), FY20 Q4: -1.7% Operating margin (TTM), FY21 Q1: -6.1% Operating margin (TTM), FY21 Q2: 9.0% Operating margin (TTM), FY21 Q3: -9.3% Operating margin (TTM), FY21 Q4: 6.8% Operating margin (TTM), FY22 Q1: 24.6% Operating margin (TTM), FY22 Q2: 35.2% Operating margin (TTM), FY22 Q3: 43.9% Operating margin (TTM), FY22 Q4: 38.0% Operating margin (TTM), FY23 Q1: 30.4% Operating margin (TTM), FY23 Q2: 29.6% Operating margin (TTM), FY23 Q3: 26.6% 26.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY20 Q4 -1.7%
FY21 Q1 -6.1%
FY21 Q2 9.0%
FY21 Q3 -9.3%
FY21 Q4 6.8%
FY22 Q1 24.6%
FY22 Q2 35.2%
FY22 Q3 43.9%
FY22 Q4 38.0%
FY23 Q1 30.4%
FY23 Q2 29.6%
FY23 Q3 26.6%
FCF margin (TTM) Primeenergy Resources Corp
-20% -10% 0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -12.2% FCF margin (TTM), FY23 Q4: -3.6% FCF margin (TTM), FY24 Q1: -10.6% FCF margin (TTM), FY24 Q2: 1.6% FCF margin (TTM), FY24 Q3: -6.9% FCF margin (TTM), FY24 Q4: -1.4% FCF margin (TTM), FY25 Q1: 4.5% FCF margin (TTM), FY25 Q2: 0.8% FCF margin (TTM), FY25 Q3: 9.9% FCF margin (TTM), FY25 Q4: 11.0% FCF margin (TTM), FY26 Q1: 17.8% FCF margin (TTM), FY26 Q2: 27.3% 27.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -12.2%
FY23 Q4 -3.6%
FY24 Q1 -10.6%
FY24 Q2 1.6%
FY24 Q3 -6.9%
FY24 Q4 -1.4%
FY25 Q1 4.5%
FY25 Q2 0.8%
FY25 Q3 9.9%
FY25 Q4 11.0%
FY26 Q1 17.8%
FY26 Q2 27.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 118 127 121 125 145 79 57 89 118 105 58 72 157 133 238 189 179
Gross profit — — — — — — — — 104 89 49 63 146 121 229 183 173
EBITDA 57 60 48 46 73 15 41 78 59 45 27 31 87 — — — —
Operating income 11 11 25 24 47 −16 11 42 21 9 −1 5 60 — — — —
Net income 3 5 15 12 27 −13 3 42 15 3 −2 2 49 28 55 26 25
Diluted EPS $0.75 $1.38 $4.48 $3.86 $8.68 −$5.53 $1.13 $14.18 $5.11 $1.25 −$1.16 $0.76 $17.95 $10.77 $21.95 $10.86 $10.37
Growth (year on year)
Revenue — +7.5% −4.8% +3.4% +15.6% −45.3% −28.2% +57.3% +32.2% −11.2% −44.3% +24.0% +116.8% −15.5% +79.0% −20.5% −19.4%
EBITDA — +4.6% −18.8% −4.2% +57.3% −78.9% +167.9% +89.4% −24.7% −23.6% −39.4% +15.0% +178.3% — — — —
Operating income — −0.9% +124.0% −2.5% +92.0% −134.4% — +280.7% −50.0% −58.6% −111.3% — +>999% — — — —
Net income — +74.8% +212.9% −18.5% +120.4% −147.3% — +>999% −65.4% −76.1% −166.6% — +>999% −42.3% +97.1% −52.5% −32.4%
Diluted EPS — +84.0% +224.6% −13.8% +124.9% −163.7% — +>999% −64.0% −75.5% −192.8% — +>999% −40.0% +103.8% −50.5% −30.3%
Margins
Gross margin — — — — — — — — 87.7% 85.3% 84.6% 87.4% 92.9% 91.2% 96.2% 96.7% 96.8%
EBITDA margin 48.2% 46.9% 40.0% 37.1% 50.4% 19.4% 72.6% 87.4% 49.7% 42.8% 46.6% 43.2% 55.4% — — — —
Operating margin 9.6% 8.8% 20.8% 19.6% 32.5% −20.4% 19.4% 47.0% 17.8% 8.3% −1.7% 6.8% 38.0% — — — —
Net margin 2.3% 3.8% 12.4% 9.8% 18.7% −16.2% 6.1% 47.0% 12.3% 3.3% −4.0% 2.9% 31.0% 21.2% 23.3% 13.9% 13.9%
Free-cash-flow margin 39.8% 1.1% −38.5% 1.4% 12.0% 8.4% −17.3% −21.6% −6.8% 8.7% 10.0% 10.9% 10.9% −3.6% −1.4% 11.0% 27.3%
Cash flow
Cash from operations 62 41 40 36 56 21 11 40 39 27 16 29 33 109 116 97 98
Capital spending 15 40 86 34 39 15 21 59 47 18 11 21 16 114 119 76 50
Free cash flow 47 1 −47 2 17 7 −10 −19 −8 9 6 8 17 −5 −3 21 49
Balance sheet
Cash 33 9 9 10 9 13 10 8 6 1 1 10 27 11 3 7 29
Total debt 73 70 122 122 101 96 69 51 66 54 39 36 11 0 4 0 0
Net debt (negative = net cash) 40 61 113 112 92 82 59 42 60 52 38 26 −16 −11 1 −7 −29
Diluted shares — 3m 3m 3m 3m 2m 3m 3m 3m 3m 2m 3m 3m 3m 3m 2m 2m
Returned to shareholders
Buybacks 3 2 5 4 3 2 1 6 8 5 1 0 7 8 13 14 12
Total returned 3 2 5 4 3 2 1 6 8 5 1 0 7 8 13 14 12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · June 30, 2026
What it owns · $315m
Short-term assets $49mLonger-term assets $266m
What it owes, and who funded it · $315m
Short-term liabilities $33mLonger-term liabilities $64mShareholders' equity $218m
  • Short-term assets cover short-term liabilities $49m of assets due within a year against $33m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $49m short-term assets against $64m of longer-dated liabilities.
  • More cash than debt $29m of cash against $0 of debt.
  • Debt below 40% of shareholders' equity Debt is 0% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 36% to 0% over five years.
  • A year's operating cash flow covers at least 20% of debt No debt to cover.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Primeenergy Resources Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$11.6M
Returned to shareholders
24%
of free cash flow
Buybacks, last 3 fiscal years
$34.5M
Diluted share count
−3.0%
year over year
Total shareholder yield
3.6%
dividends 0.0% + buybacks 3.6% of market value
Days sales outstanding
35 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Last 12 months unless stated PNRG SD DMLP BATL AMPY VTS Median
Revenue, last 12 months $179m $180m $192m $163m $213m $300m $1.4bn
Revenue growth, last 12 months −19.4% 23.2% 13.9% −12.0% −23.7% 10.6% 10.6%
Revenue growth, 3-year average 5.1% −4.0% 7.7% −18.0% −17.3% 10.0% 1.4%
Revenue growth, latest quarter 1.2% 48.0% 73.1% 12.4% −22.9% 23.0% 31.5%
Gross margin 96.8% 98.2% — — 95.2% — 75.2%
Operating margin 26.6% 41.1% — −3.2% 19.9% 12.0% 21.1%
Operating margin, 3-year average 20.4% 36.3% — −1.6% 15.8% 14.9% 16.5%
Net margin 13.9% 46.1% 45.5% −24.5% 10.6% −15.4% 10.1%
Cash from operations / revenue 55.0% 66.2% 81.5% 16.6% 3.4% 42.1% 42.4%
Free-cash-flow margin 27.3% 23.6% 81.5% −2.7% 3.2% 33.7% 19.3%
Free-cash-flow margin, 3-year average 9.9% 37.2% 81.3% −49.3% 15.1% 46.2% 19.1%
Stock pay / revenue — 1.6% — −0.1% 3.6% 2.8% 1.5%
Change in share count −3.0% −0.2% 5.6% 45.1% 2.1% 11.5% 0.4%

Median of all 57 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 oil & gas exploration & production companies
Measure Company Peer median Rank
Revenue growth Growth -19.4% 10.6% 48 of 57
Change in growth rate Growth +7.7pp +4.9pp 22 of 57
Gross margin Profitability 96.8% 83.5% 2 of 12
Net margin Profitability 13.9% 10.1% 25 of 57
Free-cash-flow margin Cash generation 27.3% 23.2% 20 of 51
Long-term debt as % of assets Balance sheet 0.0% 17.6% 1 of 43
Change in share count Balance sheet -3.0% 0.4% 9 of 48
Days sales outstanding Balance sheet 35 days 41 days 15 of 42

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Oil Sales $145M 77.9% ▼ 25.3%
Natural Gas Liquid $25.3M 13.6% ▼ 2.8%
Oil and Gas Service $8.4M 4.5% ▼ 22.6%
Natural Gas Production $7.5M 4.0% ▲ 126.4%

From Primeenergy Resources Corp's 10-K filed April 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$97.2M
Institutions reporting
91
Shares held vs prior quarter
▼ 0.6%
Positions opened / closed
17 / 19

Top buyers and sellers, Q2 2026: 58 institutions bought and 33 sold ; the biggest buyer was Jacobs Levy Equity Management, Inc (+26K shares) and the biggest seller Jpmorgan Chase & Co (−51K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dimensional Fund Advisors LP $14.2M 85K 14.6% ▲ 7.7%
Blackrock, Inc. $8.6M 51K 8.8% ▲ 42.9%
BNP Paribas Financial Markets $6.8M 41K 7.0% ▼ 14.4%
D. E. Shaw & Co., Inc. $6.3M 38K 6.5% ▲ 0.7%
Vanguard Portfolio Management LLC $5.9M 35K 6.1% ▲ 161.9%
Jacobs Levy Equity Management, Inc $5.8M 34K 5.9% ▲ 303.0%
First Trust Advisors LP $3.2M 19K 3.3% ▲ 15.9%
Jpmorgan Chase & Co $3.1M 18K 3.1% ▼ 73.9%
Geode Capital Management, LLC $3M 18K 3.1% ▲ 22.3%
Vanguard Capital Management LLC $2.9M 17K 2.9% ▲ 21.6%
American Century Companies Inc $2.6M 15K 2.6% ▲ 9.2%
AQR Capital Management LLC $2.1M 13K 2.2% ▼ 6.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Primeenergy Resources Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $21,170 1 trade by 1 insider, last 12 months Insider sales History → $20.6M 20 trades by 2 insiders · 0% under pre-set plans
Net ▼ $20.6M net selling
Insider Date Trade Shares Price Value
Fong Gifford Director September 18, 2026 Buy 100 $211.70 $21,170
Hurt Clint Director September 8, 2026 Sell 6,000 $220.44 $1.3M
Hurt Clint Director September 8, 2026 Sell 6,000 $220.44 $1.3M
Hurt Clint Director September 2, 2026 Sell 1,800 $221.52 $398,736
Hurt Clint Director August 25, 2026 Sell 5,000 $201.08 $1M
Hurt Clint Director August 25, 2026 Sell 3,007 $201.64 $606,331
Hurt Clint Director August 24, 2026 Sell 1,993 $208.09 $414,723
Hurt Clint Director May 1, 2026 Sell 2,000 $220.44 $440,880
De Rothschild Robert 10% owner April 27, 2026 Sell 13,274 $231.60 $3.1M
Hurt Clint Director April 24, 2026 Sell 10,000 $230.92 $2.3M
Hurt Clint Director February 9, 2026 Sell 1,976 $200.22 $395,635
Hurt Clint Director February 6, 2026 Sell 3,936 $193.39 $761,183

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Primeenergy Resources Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Primeenergy Resources Corp in brief

What does Primeenergy Resources Corp do?
Primeenergy Resources Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
What is Primeenergy Resources Corp's stock ticker?
Primeenergy Resources Corp trades under the ticker PNRG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Primeenergy Resources Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Primeenergy Resources Corp reported revenue of $179M, 19.4% lower than a year earlier, according to its SEC filings.
What is Primeenergy Resources Corp's free cash flow?
Primeenergy Resources Corp's free-cash-flow margin is 27.3% of revenue over the trailing twelve months, ranking 20 of the 51 oil & gas exploration & production companies we cover.
What is Primeenergy Resources Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Primeenergy Resources Corp's free cash flow after stock-based pay gives ~$160 per share in the base case, and ~$120–$210 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Primeenergy Resources Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dimensional Fund Advisors LP, Blackrock, Inc. and BNP Paribas Financial Markets. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Primeenergy Resources Corp buying back stock, and does it pay a dividend?
Primeenergy Resources Corp spent $11.6M on share repurchases over the trailing twelve months, and its diluted share count fell 3.0% over the year.
What is Primeenergy Resources Corp's market cap?
On November 2, 2026, Primeenergy Resources Corp's market capitalisation was about $484M, with a price-to-earnings ratio of 19.5 and net debt of -$28.7M. Market figures come from third-party market data and may be delayed.
How much debt does Primeenergy Resources Corp have?
Primeenergy Resources Corp's debt-to-equity ratio is 0.0%, from its latest balance sheet (36.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Primeenergy Resources Corp's competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Primeenergy Resources Corp are Sandridge Energy Inc, Dorchester Minerals, L.p., Battalion OIL Corp, Amplify Energy Corp. and Vitesse Energy, Inc. The side-by-side comparison below sets their revenue, margins and growth against Primeenergy Resources Corp's.
Are insiders buying or selling Primeenergy Resources Corp stock?
Over the last 12 months, Primeenergy Resources Corp's directors and officers reported 1 open-market purchases and 20 sales on Form 4. The insider trading page charts every trade.
When is Primeenergy Resources Corp's next earnings date?
Around November 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Primeenergy Resources Corp announces its own schedule.