PrimeEnergy Resources Corporation (PNRG) Stock

PrimeEnergy Resources Corporation (PNRG) is a Energy stock trading at $214.19 (as of 2026-08-20), with a market capitalization of $338.98M and a trailing P/E of 13.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand PrimeEnergy Resources Corporation: how it makes money

PrimeEnergy Resources acquires, develops, and produces oil and natural gas properties in the United States, and it also earns revenue from contract services for oil and gas drilling and reworking (including well-servicing support, site-preparation, and construction services).

Earnings are structurally driven by (1) production economics from its active oil and gas wells, and (2) cash flows from contract services that support third-party drilling and reworking operations.

Business quality (Weak): The business description clearly outlines two profit drivers (oil and gas production, plus contract services), but no official reportable segment revenue breakdown or operating KPI labels were provided in the input, limiting how precisely the profit model can be quantified by segment or metric.

Valuation: At 19× earnings, PNRG trades 13% above the Petroleum & Natural Gas average (17×). Note: one-time items can distort reported P/E.

Bull case

  • Two activity streams: The company operates active oil and gas production while also providing contract services to third parties, which can diversify where revenue comes from within the energy services and upstream value chain.
  • Ongoing production footprint: With approximately 710 active wells, the company has an established production base that can support recurring operating cash generation tied to field output.

Bear case

  • Production and asset performance risk: Because the company acquires, develops, and produces properties, results can be sensitive to field performance and the ability to maintain effective well output over time.
  • Project and execution risk in contract services: Contract services tied to drilling and reworking require execution and capacity alignment, and demand from customers can shift with drilling activity levels.
Valuation — source: SEC EDGAR (first-party)
Price$214.19
Market Cap$338.98M
P/E Ratio13.2
EV / EBITDA3.3
Price / Book1.55
Price / Sales2.03
FCF Yield17.2%
DCF Value (model)$243.65
DCF Upside vs Price13.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$189.05M
Net Margin13.9%
Revenue Growth (YoY)-20.5%
EPS Growth (YoY)-49.6%
FCF Growth (YoY)-724.0%
Financial Health — source: SEC EDGAR
Altman Z-Score4.02 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E13.2
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
vs Sector-21.6%
vs Industry-21.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderDIMENSIONAL FUND ADVISORS LP ($18.37M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOCharles E. Drimal Jr.
Employees78
CountryUS
IPO Date1980-03-17

Related Companies (Business model: Exploration & Production (Upstream Oil & Gas); 8 closest by market cap; US-domiciled)

  • W&T Offshore, Inc. (WTI)
  • New Era Energy & Digital, Inc. (NUAI)
  • Market Vectors Indian Rupee/USD ETN (INR)
  • SandRidge Energy, Inc. (SD)
  • Ring Energy, Inc. (REI)
  • Amplify Energy Corp. (AMPY)
  • Kolibri Global Energy Inc. (KGEI)
  • PEDEVCO Corp. (PED)
PNRG earnings history · PNRG institutional & insider holders · PNRG KPIs & operating metrics · PNRG financials · PNRG investor presentations & press releases · PNRG SEC filings · PNRG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.