PrimeEnergy Treasury Stock vs Capital Surpluse Analysis
PNRG Stock | USD 184.92 4.60 2.55% |
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 Treasury Stock and its Capital Surpluse 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 closely tied 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.
Treasury Stock vs Capital Surpluse
Treasury Stock vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PrimeEnergy Treasury Stock account and Capital Surpluse. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PrimeEnergy's Treasury Stock and Capital Surpluse is -0.57. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of PrimeEnergy, assuming nothing else is changed. The correlation between historical values of PrimeEnergy's Treasury Stock and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of PrimeEnergy are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Treasury Stock i.e., PrimeEnergy's Treasury Stock and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Treasury Stock
Capital Surpluse
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 closely tied 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 Expense | 2.0M | 909K | 535K | 508.3K | Depreciation And Amortization | 26.3M | 28.1M | 31.7M | 21.2M |
PrimeEnergy fundamental ratios Correlations
Click cells to compare fundamentals
PrimeEnergy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PrimeEnergy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 229.4M | 200.5M | 210.9M | 247.1M | 289.5M | 303.9M | |
Short Long Term Debt Total | 62.4M | 38.8M | 39.1M | 11M | 284K | 269.8K | |
Other Current Liab | 753K | 723K | 14.4M | (14.4M) | 53.8M | 56.5M | |
Total Current Liabilities | 15.6M | 14.1M | 21.7M | 41.0M | 64.8M | 68.0M | |
Total Stockholder Equity | 100.1M | 97.1M | 99.1M | 140.4M | 161.0M | 169.0M | |
Property Plant And Equipment Net | 212.1M | 191.1M | 184.7M | 174.0M | 256.1M | 268.9M | |
Net Debt | 52.5M | 37.8M | 25.7M | (15.5M) | (10.8M) | (10.2M) | |
Retained Earnings | 129.1M | 126.8M | 128.9M | 177.6M | 205.7M | 216.0M | |
Cash | 1.0M | 996K | 10.3M | 26.5M | 11.1M | 7.7M | |
Non Current Assets Total | 213.0M | 191.6M | 185.6M | 175.0M | 257.7M | 270.6M | |
Non Currrent Assets Other | (35.1M) | (35.8M) | (37.8M) | (39.0M) | 673.0K | 706.6K | |
Cash And Short Term Investments | 1.0M | 996K | 10.3M | 26.5M | 11.1M | 7.7M | |
Net Receivables | 14.4M | 7.2M | 14.2M | 12.5M | 20.3M | 10.5M | |
Common Stock Shares Outstanding | 2.8M | 2.0M | 2.7M | 2.7M | 2.6M | 3.4M | |
Liabilities And Stockholders Equity | 229.4M | 200.5M | 210.9M | 247.1M | 289.5M | 303.9M | |
Non Current Liabilities Total | 110.4M | 88.4M | 90.1M | 65.8M | 63.7M | 72.5M | |
Other Stockholder Equity | (29.3M) | (30.0M) | (30.1M) | (37.5M) | (45M) | (42.8M) | |
Total Liab | 126.0M | 102.5M | 111.8M | 106.8M | 128.5M | 95.8M | |
Property Plant And Equipment Gross | 212.1M | 191.1M | 184.7M | 582.5M | 686.7M | 721.1M | |
Total Current Assets | 16.4M | 8.9M | 25.3M | 72.2M | 31.8M | 24.3M | |
Other Current Assets | 127K | 104K | 40K | 38K | 414K | 393.3K | |
Short Term Debt | 8.2M | 487K | 1.6M | 3.9M | 246K | 233.7K | |
Accounts Payable | 6.4M | 5.2M | 7.3M | 11.5M | 9.8M | 13.7M | |
Other Liab | 56.9M | 50.1M | 54.0M | 54.7M | 62.9M | 66.0M | |
Other Assets | 866K | 520K | 923K | 985K | 1.0 | 0.95 | |
Long Term Debt | 54.2M | 38.3M | 37.5M | 11M | 12.7M | 12.0M | |
Treasury Stock | (31.3M) | (36.8M) | (37.5M) | (37.6M) | (33.9M) | (35.6M) | |
Property Plant Equipment | 212.1M | 191.1M | 184.7M | 174.0M | 200.1M | 174.2M | |
Current Deferred Revenue | 205K | 7.7M | (1.6M) | 40.0M | 929K | 882.6K | |
Inventory | 897K | 590K | 733K | 33.0M | 38.0M | 39.9M | |
Net Tangible Assets | 100.1M | 97.1M | 99.1M | 140.4M | 161.4M | 85.0M | |
Noncontrolling Interest In Consolidated Entity | 7.1M | 4.0M | 3.2M | 874K | 786.6K | 747.3K | |
Retained Earnings Total Equity | 125.6M | 129.1M | 126.8M | 128.9M | 148.2M | 108.3M | |
Long Term Debt Total | 49.0M | 65.5M | 54.2M | 37.5M | 33.7M | 58.1M | |
Capital Surpluse | 7.4M | 7.5M | 7.5M | 7.6M | 8.7M | 8.2M |
Currently Active Assets on Macroaxis
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 closely tied 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 1.034 | Earnings Share 18.57 | Revenue Per Share 98.685 | Quarterly Revenue Growth 1.178 | Return On Assets 0.1202 |
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.