How to buy PrimeEnergy Resources Corporation stock - 21 April

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How to buy PrimeEnergy Resources Corporation stock

Own PrimeEnergy Resources Corporation stock in just a few minutes.

PrimeEnergy Resources Corporation is an oil & gas e&p business based in the US. PrimeEnergy Resources Corporation shares (PNRG) are listed on the NASDAQ and all prices are listed in US Dollars. PrimeEnergy Resources Corporation employs 173 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in PrimeEnergy Resources Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PNRG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

PrimeEnergy Resources Corporation share price

Use our graph to track the performance of PNRG stocks over time.

PrimeEnergy Resources Corporation shares at a glance

Information last updated 2021-04-16.
52-week range$34.33 - $110.79
50-day moving average $51.69
200-day moving average $52.35
Wall St. target priceN/A
PE ratio 28.3396
Dividend yield N/A (0%)
Earnings per share (TTM) $2.29

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy PrimeEnergy Resources Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is PrimeEnergy Resources Corporation under- or over-valued?

Valuing PrimeEnergy Resources Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PrimeEnergy Resources Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PrimeEnergy Resources Corporation's P/E ratio

PrimeEnergy Resources Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, PrimeEnergy Resources Corporation shares trade at around 28x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

PrimeEnergy Resources Corporation's EBITDA

PrimeEnergy Resources Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.3 million.

The EBITDA is a measure of a PrimeEnergy Resources Corporation's overall financial performance and is widely used to measure a its profitability.

PrimeEnergy Resources Corporation financials

Revenue TTM $62.1 million
Gross profit TTM $60.1 million
Return on assets TTM -5.42%
Return on equity TTM -1.63%
Profit margin -2.75%
Book value $49.88
Market capitalisation $90.4 million

TTM: trailing 12 months

Shorting PrimeEnergy Resources Corporation shares

There are currently 8,701 PrimeEnergy Resources Corporation shares held short by investors – that's known as PrimeEnergy Resources Corporation's "short interest". This figure is 6.4% down from 9,291 last month.

There are a few different ways that this level of interest in shorting PrimeEnergy Resources Corporation shares can be evaluated.

PrimeEnergy Resources Corporation's "short interest ratio" (SIR)

PrimeEnergy Resources Corporation's "short interest ratio" (SIR) is the quantity of PrimeEnergy Resources Corporation shares currently shorted divided by the average quantity of PrimeEnergy Resources Corporation shares traded daily (recently around 2702.1739130435). PrimeEnergy Resources Corporation's SIR currently stands at 3.22. In other words for every 100,000 PrimeEnergy Resources Corporation shares traded daily on the market, roughly 3220 shares are currently held short.

However PrimeEnergy Resources Corporation's short interest can also be evaluated against the total number of PrimeEnergy Resources Corporation shares, or, against the total number of tradable PrimeEnergy Resources Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PrimeEnergy Resources Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PrimeEnergy Resources Corporation shares in existence, roughly 0 shares are currently held short) or 0.0169% of the tradable shares (for every 100,000 tradable PrimeEnergy Resources Corporation shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PrimeEnergy Resources Corporation.

Find out more about how you can short PrimeEnergy Resources Corporation stock.

PrimeEnergy Resources Corporation share dividends

We're not expecting PrimeEnergy Resources Corporation to pay a dividend over the next 12 months.

PrimeEnergy Resources Corporation share price volatility

Over the last 12 months, PrimeEnergy Resources Corporation's shares have ranged in value from as little as $34.33 up to $110.7896. A popular way to gauge a stock's volatility is its "beta".

PNRG.US volatility(beta: 1.17)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while PrimeEnergy Resources Corporation's is 1.1655. This would suggest that PrimeEnergy Resources Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

PrimeEnergy Resources Corporation overview

PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing of 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 1,400 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. .

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