Tearsheet

PrimeEnergy Resources (PNRG)

Market Price (3/30/2026): $240.42 | Market Cap: $396.3 Mil
Sector: Energy | Industry: Oil & Gas Exploration & Production

PrimeEnergy Resources (PNRG)

Market Price (3/30/2026): $240.42
Market Cap: $396.3 Mil
Sector: Energy
Industry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.5%, Rev Chg QQuarterly Revenue Change % is -33%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%		Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 59%
2	Megatrend and thematic drivers Megatrends include US Energy Independence. Themes include Onshore Oil & Gas Exploration & Production, and Domestic Hydrocarbon Reserve Development.		Key risks PNRG key risks include [1] its limited scale, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.4%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%
2	Megatrend and thematic drivers Megatrends include US Energy Independence. Themes include Onshore Oil & Gas Exploration & Production, and Domestic Hydrocarbon Reserve Development.
3	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%
4	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.5%, Rev Chg QQuarterly Revenue Change % is -33%
5	Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 59%
6	Key risks PNRG key risks include [1] its limited scale, Show more.

Valuation, Metrics & Events

	3/30/26	2025	2024	2023	2022	2021
Share Price CYE	$240.42	$171.00	$219.59	$106.35	$86.87	$70.10
Market Cap CYE ($ Mil)	396.3	281.9	383.8	195.1	168.3	139.8
Total Debt ($ Mil)	2.2	2.2	7.5	0.0	0.0	33.5
Total Cash ($ Mil)	3.7	3.7	1.6	19.8	24.1	3.6
Enterprise Value ($ Mil)	394.8	284.1	391.3	195.1	168.3	173.3
Valuation Ratios
P/S TTM	2.0	1.4	1.8	1.6	1.3	2.5
P/EBIT TTM	11.2	8.0	5.2	4.8	2.8	-27.2
P/E TTM	15.7	11.2	6.5	5.5	4.0	-18.9
P/FCF TTM	29.1	20.7	-14.8	-10.5	4.2	23.2
Sector Ratios
P/S TTM (Sector)	2.0	1.4	1.5	1.6	1.3	1.3
P/EBIT TTM (Sector)	9.5	6.9	6.6	5.9	3.9	4.7
P/E TTM (Sector)	14.4	10.5	10.3	8.3	5.3	3.6
P/FCF TTM (Sector)	11.6	8.1	7.1	7.5	5.1	5.3

	3/30/26	2025	2024
Share Price CYE	$240.42	$171.00	$219.59
Market Cap CYE ($ Mil)	396.3	281.9	383.8
Total Debt ($ Mil)	2.2	2.2	7.5
Total Cash ($ Mil)	3.7	3.7	1.6
Enterprise Value ($ Mil)	394.8	284.1	391.3
Valuation Ratios
P/S TTM	2.0	1.4	1.8
P/EBIT TTM	11.2	8.0	5.2
P/E TTM	15.7	11.2	6.5
P/FCF TTM	29.1	20.7	-14.8
Sector Ratios
P/S TTM (Sector)	2.0	1.4	1.5
P/EBIT TTM (Sector)	9.5	6.9	6.6
P/E TTM (Sector)	14.4	10.5	10.3
P/FCF TTM (Sector)	11.6	8.1	7.1

	PNRG	S&P 500
REVENUE GROWTH	POOR
Rev LTM ($ Bil)	0.2
Rev Chg Q	-33.0%	7.3%
Rev Chg LTM	-6.5%	6.7%
Rev Chg 3Y Avg	19.2%	5.7%
PROFITABILITY	GOOD
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	0.1
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	16.8%	18.6%
CFO/Rev LTM	55.3%	20.7%
Net Inc Mgn	12.9%	12.8%
VALUATION	MODERATE
P/S	2.0	3.1
P/CFO	3.7	14.8
P/FCF	29.1	19.4
P/E	15.7	23.7
STABILITY	GOOD
Debt/Equity	0.01	0.22
Cash/Assets	0.01	0.07

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Metric	Value	Date	Source
Oil Production	457,000 barrels	3312025	Link
Natural Gas Production	2.39 Bcf	3312025	Link
NGL Production	454,000 barrels	3312025	Link
Proved Oil Reserves	10,609 barrels	12312024	Link
Proved Natural Gas Liquids Reserves	8,267 barrels	12312024	Link
Proved Natural Gas Reserves	45,815 MMcf	12312024	Link
Active Wells Operated	534	9102024	Link
Non-Operating Interests and Royalties in Wells	952	9102024	Link

Upcoming
3/31/2026	Earnings Release	Rev: - EPS: -

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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PrimeEnergy Resources (PNRG) stock has gained about 30% since 11/30/2025 because of the following key factors:

1. Strong Financial Health and Enhanced Liquidity. PrimeEnergy Resources significantly strengthened its financial position with the reaffirmation of its $115.0 million borrowing base on February 27, 2026. This was accompanied by a reduction of 50 basis points in interest rate margins, reflecting a strong balance sheet. Notably, the company reported no outstanding borrowings under this facility as of December 31, 2025, and February 27, 2026, leaving the full $115.0 million available.

2. Significant Natural Gas Revenue Growth Amidst Favorable Market Trends. Despite a reported decline in oil volumes, PrimeEnergy experienced a substantial increase in gas revenue during Q3 2025, attributed to higher pricing and increased volumes. This positive company-specific performance was supported by broader market trends in Q4 2025 and Q1 2026, which indicated structurally stronger growth in natural gas demand driven by expanded Liquefied Natural Gas (LNG) supply and rising power requirements, particularly from AI data centers.

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Stock Movement Drivers

Fundamental Drivers

The 30.9% change in PNRG stock from 11/30/2025 to 3/29/2026 was primarily driven by a 30.9% change in the company's P/E Multiple.

(LTM values as of)	11302025	3292026	Change
Stock Price ($)	183.61	240.42	30.9%
Change Contribution By:
Total Revenues ($ Mil)	196	196	0.0%
Net Income Margin (%)	12.9%	12.9%	0.0%
P/E Multiple	12.0	15.7	30.9%
Shares Outstanding (Mil)	2	2	0.0%
Cumulative Contribution			30.9%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026

	Return	Correlation
PNRG	30.9%
Market (SPY)	-5.3%	12.8%
Sector (XLE)	39.5%	54.2%

Fundamental Drivers

The 58.9% change in PNRG stock from 8/31/2025 to 3/29/2026 was primarily driven by a 129.7% change in the company's P/E Multiple.

(LTM values as of)	8312025	3292026	Change
Stock Price ($)	151.27	240.42	58.9%
Change Contribution By:
Total Revenues ($ Mil)	218	196	-10.1%
Net Income Margin (%)	16.8%	12.9%	-23.7%
P/E Multiple	6.8	15.7	129.7%
Shares Outstanding (Mil)	2	2	0.8%
Cumulative Contribution			58.9%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026

	Return	Correlation
PNRG	58.9%
Market (SPY)	0.6%	19.8%
Sector (XLE)	40.8%	52.4%

Fundamental Drivers

The 22.7% change in PNRG stock from 2/28/2025 to 3/29/2026 was primarily driven by a 171.0% change in the company's P/E Multiple.

(LTM values as of)	2282025	3292026	Change
Stock Price ($)	195.90	240.42	22.7%
Change Contribution By:
Total Revenues ($ Mil)	210	196	-6.5%
Net Income Margin (%)	28.1%	12.9%	-54.3%
P/E Multiple	5.8	15.7	171.0%
Shares Outstanding (Mil)	2	2	6.0%
Cumulative Contribution			22.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026

	Return	Correlation
PNRG	22.7%
Market (SPY)	9.8%	41.3%
Sector (XLE)	42.1%	56.1%

Fundamental Drivers

The 162.8% change in PNRG stock from 2/28/2023 to 3/29/2026 was primarily driven by a 276.2% change in the company's P/E Multiple.

(LTM values as of)	2282023	3292026	Change
Stock Price ($)	91.50	240.42	162.8%
Change Contribution By:
Total Revenues ($ Mil)	131	196	49.8%
Net Income Margin (%)	32.4%	12.9%	-60.3%
P/E Multiple	4.2	15.7	276.2%
Shares Outstanding (Mil)	2	2	17.5%
Cumulative Contribution			162.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/29/2026

	Return	Correlation
PNRG	162.8%
Market (SPY)	69.4%	33.0%
Sector (XLE)	65.5%	46.6%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
PNRG Return	62%	24%	22%	106%	-22%	33%	426%
Peers Return	151%	67%	9%	1%	-17%	43%	452%
S&P 500 Return	27%	-19%	24%	23%	16%	-5%	72%
Monthly Win Rates [3]
PNRG Win Rate	58%	58%	58%	83%	42%	100%
Peers Win Rate	65%	56%	48%	45%	50%	87%
S&P 500 Win Rate	75%	42%	67%	75%	67%	33%
Max Drawdowns [4]
PNRG Max Drawdown	-19%	-3%	-7%	-12%	-41%	-3%
Peers Max Drawdown	-1%	-3%	-18%	-18%	-32%	-5%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-5%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: OXY, MUR, SM, VTS, REPX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

Unique Key	Event	PNRG	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-32.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	47.7%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	127 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-71.8%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	254.1%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	1,378 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-42.3%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	73.2%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	1,906 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-70.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	237.8%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	3,440 days	1,480 days

Compare to OXY, MUR, SM, VTS, REPX

In The Past

PrimeEnergy Resources's stock fell -32.3% during the 2022 Inflation Shock from a high on 2/9/2021. A -32.3% loss requires a 47.7% gain to breakeven.

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About PrimeEnergy Resources (PNRG)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

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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Here are 1-3 brief analogies to describe PrimeEnergy Resources:

They are like a regional ConocoPhillips for oil and gas production, focused primarily on properties in Oklahoma and Texas.
Think of them as a hybrid: part smaller, US-focused oil producer (like a regional Pioneer Natural Resources) and part oilfield services provider (like a local Halliburton) that also works for other energy companies.

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Oil and Natural Gas Production: PrimeEnergy Resources engages in the acquisition, development, and production of oil and natural gas properties in the United States.
Well-Servicing Support Operations: The company provides contract services to third parties for well-servicing support.
Site-Preparation Services: PNRG offers site-preparation services for oil and gas drilling and reworking operations to third parties.
Construction Services: The company provides construction services for oil and gas drilling and reworking operations to third parties.

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AI Analysis | Feedback

PrimeEnergy Resources (PNRG) operates as an independent oil and natural gas company. As such, it sells its produced crude oil and natural gas into commodity markets. It also provides contract services to other companies in the oil and gas industry.

Specific individual major customers of PrimeEnergy Resources are not typically disclosed publicly, as is common for exploration and production (E&P) companies that sell commodities into diverse markets. Therefore, specific named customer companies with their symbols cannot be provided without access to non-public contractual details or detailed financial filings (e.g., 10-K reports) that would list significant customer concentrations.

However, based on the nature of their business, their customers are primarily other companies within the energy sector. The major categories of customers for PrimeEnergy Resources' products and services include:

Midstream Companies: These companies gather, process, store, and transport crude oil and natural gas via pipelines and other infrastructure.
Refiners and Petrochemical Companies: Purchasers of crude oil for processing into refined products (such as gasoline and diesel) and other chemicals.
Natural Gas Utilities and Marketers: Buyers of natural gas for distribution to end-users or for trading purposes in the wholesale market.
Other Oil and Gas Exploration and Production (E&P) Companies: These would be the "third parties" that utilize PNRG's contract services, including well-servicing support, site-preparation, and construction services for drilling and reworking operations.

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Charles E. Drimal Jr. Chairman, President and Chief Executive Officer

Charles E. Drimal Jr. has served as the President and Chief Executive Officer of PrimeEnergy Resources Corporation since October 1987. He also holds the position of Chairman of the Board of Directors and holds similar positions with the Company's subsidiaries. Mr. Drimal has been the President of PrimeEnergy Management Corporation, a subsidiary of PrimeEnergy Resources Corporation, since May 1983. He is a graduate of the University of Maryland and Samford University School of Law and is a retired member of the New York State Bar. He effectively controls 80% of the company's shares.

Beverly A. Cummings Executive Vice President, Chief Financial Officer, Treasurer, Principal Financial Officer & Director

Beverly A. Cummings has guided PrimeEnergy Resources Corporation since 1987. She serves as Executive Vice President, Chief Financial Officer, Treasurer, and Principal Financial Officer, as well as a Director of the company. Ms. Cummings is a Certified Public Accountant (CPA) and her election to the Board is attributed to her significant financial skills, experience, and understanding of oil and gas operations, particularly within the Company.

Virginia M. Forese Corporate Secretary

Virginia M. Forese serves as the Corporate Secretary of PrimeEnergy Resources Corporation. She also holds the role of Human Resources Officer.

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Key Risks to PrimeEnergy Resources (PNRG)

Volatility of Oil and Natural Gas Prices: As an independent oil and natural gas company, PrimeEnergy Resources' financial performance is highly dependent on the volatile and often unpredictable fluctuations in commodity prices. A significant or sustained downturn in oil and natural gas prices could materially impact the company's revenues, profitability, cash flows, and the value of its oil and gas properties.
Loss of Key Personnel: For a relatively small company like PrimeEnergy Resources, the loss of key management and operational personnel, particularly the CEO and President, poses a significant risk. These individuals often possess specialized knowledge and experience that would be difficult and time-consuming to replace, potentially impairing the company's ability to effectively operate and execute its business strategy.
Limited Operational Control and Partnership Quality: PrimeEnergy Resources acquires producing oil and gas properties through joint ventures with industry partners and owns non-operating interests in a substantial number of wells. This partnership-heavy model means the company does not control a significant portion of its operational activities. There is an inherent risk that the quality of these partnerships could decline, or that the company may not have sufficient influence over the drilling and production decisions of its partners, which could negatively impact its growth and profitability.

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The accelerating global transition to renewable energy sources and the widespread adoption of electrification (such as electric vehicles and renewable electricity generation) represent a clear emerging threat. This macro trend, supported by evolving government policies and technological advancements, aims to reduce reliance on fossil fuels, thereby diminishing the long-term demand for the oil and natural gas that PrimeEnergy Resources produces and the related services it provides to the industry.

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PrimeEnergy Resources (PNRG) operates in the upstream oil and natural gas sector, which includes the acquisition, development, and production of oil and natural gas properties. Additionally, the company provides contract services for well-servicing support, site-preparation, and construction related to oil and gas drilling and reworking operations. The addressable markets for these main products and services are primarily within the United States, with a focus on regions like Oklahoma and Texas.

Addressable Markets for PrimeEnergy Resources (PNRG)

The addressable market for PrimeEnergy Resources' main products and services in the United States includes the upstream oil and natural gas market and the oilfield services market.

U.S. Upstream Oil and Natural Gas Market (Production): The upstream segment of the U.S. oil and gas market was estimated at approximately USD 102.6 billion in 2025. This market is projected to grow, with the overall U.S. oil and gas market (including upstream, midstream, and downstream) reaching an estimated USD 149.32 billion in 2026. The upstream segment held 71.85% of the U.S. oil and gas market share in 2025.
U.S. Oilfield Services Market (Well-Servicing, Drilling Support, Construction): The United States Oilfield Services Market, which encompasses activities such as drilling, well completion, and pressure pumping, was valued at approximately USD 35.38 billion in 2025. This market is projected to grow to USD 43.67 billion by 2031, expanding at a Compound Annual Growth Rate (CAGR) of 3.57%. Another report estimates the USA Oil and Gas Field Services Market to be valued at USD 46.5 billion in 2025.

These market sizes represent the opportunities for PrimeEnergy Resources' core business activities within the United States.

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PrimeEnergy Resources Corporation (PNRG) is expected to drive future revenue growth over the next 2-3 years through a combination of increased production, strategic development activities, potential acquisitions, and favorable commodity price trends.

Increased Oil and Natural Gas Production: The company has demonstrated strong production growth across oil, natural gas, and natural gas liquids (NGLs). For example, PrimeEnergy reported a 16.4% year-over-year revenue increase in Q1 2025, driven by a 6% rise in oil production, a 106.6% surge in natural gas production, and a 120.4% increase in NGL production. Similarly, in Q2 2024, the company saw significant growth with oil production up 133.99%, natural gas up 95.49%, and NGLs up 88.11% compared to Q2 2023. This trend of increasing volumes from their properties is a primary revenue driver.
Continued Development and Drilling Activities, particularly in the Permian Basin: PrimeEnergy is actively engaged in developing its oil and gas properties. In Q2 2025, the company highlighted its advancement in Permian Basin development. Furthermore, by the end of 2024, PrimeEnergy was actively participating in 21 horizontal wells in West Texas, specifically in the Spraberry and Wolfcamp producing intervals, with 19 additional wells in various stages of development. These ongoing development programs are expected to bring new production online and contribute to future revenue.
Strategic Acquisitions: PrimeEnergy has a stated track record of executing strategic acquisitions to expand its reserve base and production profile. This approach to actively managing its portfolio by acquiring new assets can provide additional sources of revenue growth by increasing the company's overall production capacity and reserves.
Favorable Commodity Prices: As an oil and natural gas company, PrimeEnergy's revenue is directly influenced by the market prices of crude oil and natural gas. While recent periods have seen "softer commodity prices," a rebound or sustained favorable pricing environment for oil and natural gas would significantly boost the company's revenue from its production volumes.

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Share Repurchases

PrimeEnergy Resources acquired 53,000 shares for $12.1 million in 2025 as part of its share repurchase program, contributing to total buybacks of $113.5 million since inception.
The number of shares outstanding for PNRG decreased by 4.18% over the last year.
The share buyback program is noted to help limit downside risk for the stock.

Share Issuance

No significant share issuance activity was identified in the provided timeframe, with the number of outstanding shares generally decreasing due to repurchases.

Inbound Investments

No specific large inbound investments from third-parties (e.g., strategic partners or private equity firms) into PrimeEnergy Resources Corporation were identified within the last 3-5 years from the search results.

Outbound Investments

PrimeEnergy optimizes its asset portfolio through strategic acquisitions and divestitures, exemplified by acquiring 100 net acres in Reagan County for $1.11 million and selling non-core assets for $2.8 million.
The company has a history of making strategic acquisitions to expand its reserve base and production profile.
PNRG also acquires producing oil and gas properties through joint ventures with industry partners.

Capital Expenditures

Capital expenditures totaled approximately $88.80 million in the last 12 months.
PNRG allocated $140 million for capital initiatives in 2024 and plans to invest $95 million in similar projects for 2025, primarily focused on horizontal wells in Reagan County, Texas.
For 2023, the company invested $96 million in drilling 35 horizontal wells, and in 2024, deployed $113 million across 48 horizontal wells.

Interactive Breakdown

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Better Bets vs. PrimeEnergy Resources (PNRG)

INDUSTRY: Oil & Gas Exploration & Production

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

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EXE (37.0%)

Expand Energy

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Higher Op Mgn LTM (Value for PNRG: 16.8%)

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Texas Pacific Land

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Matador Resources

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EQT

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Diamondback Energy

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

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EQT

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Occidental Petroleum

CNQ (19.0%)

Canadian Natural Resources

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SECTOR: Energy

Higher Rev Chg 3Y Avg | Lower P/S (Values for PNRG: 19.2% | 2.0x)

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Enerflex

BORR (35.3% | 1.7x)

Borr Drilling

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

EXE (37.0% | 9.8x)

Expand Energy

PR (36.0% | 8.7x)

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AROC (20.9% | 10.7x)

Archrock

EFXT (27.7% | 8.4x)

Enerflex

BORR (35.3% | 5.5x)

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Higher Rev Chg LTM (Value for PNRG: -6.5%)

ENB (21.9%)

Enbridge

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ConocoPhillips

CNQ (6.4%)

Canadian Natural Resources

XOM (-4.5%)

Exxon Mobil

CVX (-4.6%)

Chevron

Higher Rev Chg 3Y Avg (Value for PNRG: 19.2%)

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Noble

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CCJ (23.6%)

Cameco

VNOM (20.5%)

Viper Energy

Higher Op Mgn LTM (Value for PNRG: 16.8%)

WMB (36.9%)

Williams Companies

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ConocoPhillips

CNQ (18.6%)

Canadian Natural Resources

ENB (17.7%)

Enbridge

Higher CFO/Rev LTM (Value for PNRG: 55.3%)

PR (71.2%)

Permian Resources

DTM (69.8%)

DT Midstream

TPL (68.4%)

Texas Pacific Land

EQT (61.4%)

EQT

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Diamondback Energy

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

CNQ (19.0%)

Canadian Natural Resources

COP (12.3%)

ConocoPhillips

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Chevron

WMB (7.5%)

Williams Companies

XOM (7.3%)

Exxon Mobil

Higher Total Yield (Value for PNRG: 6.4%)

CNQ (15.0%)

Canadian Natural Resources

ENB (13.2%)

Enbridge

EOG (8.9%)

EOG Resources

COP (7.3%)

ConocoPhillips

XOM (6.4%)

Exxon Mobil

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for PNRG: 19.2% | 2.0x)

PGR (21.0% | 1.3x)

Progressive

APO (66.8% | 2.0x)

Apollo Global Management

MFC (33.3% | 1.1x)

Manulife Financial

SLF (322.2% | 0.9x)

Sun Life Financial

ACGL (26.5% | 1.7x)

Arch Capital

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

NEM (26.2% | 10.1x)

Newmont

APO (66.8% | 7.8x)

Apollo Global Management

AU (36.1% | 10.6x)

Anglogold Ashanti

LVS (58.8% | 11.3x)

Las Vegas Sands

KGC (27.0% | 10.7x)

Kinross Gold

Higher Rev Chg LTM (Value for PNRG: -6.5%)

NVDA (65.5%)

NVIDIA

MSFT (16.7%)

Microsoft

GOOGL (15.1%)

Alphabet

AMZN (12.4%)

Amazon.com

AAPL (10.1%)

Apple

Higher Rev Chg 3Y Avg (Value for PNRG: 19.2%)

NVDA (101.8%)

NVIDIA

LLY (32.1%)

Eli Lilly

BRK-B (27.0%)

Berkshire Hathaway

AVGO (26.2%)

Broadcom

META (19.9%)

Meta Platforms

Higher Op Mgn LTM (Value for PNRG: 16.8%)

NVDA (60.4%)

NVIDIA

MSFT (46.7%)

Microsoft

AVGO (41.5%)

Broadcom

AAPL (32.4%)

Apple

GOOGL (32.0%)

Alphabet

Higher CFO/Rev LTM (Value for PNRG: 55.3%)

RY (91.5%)

Royal Bank of Canada

APP (68.4%)

AppLovin

V (59.1%)

Visa

META (57.6%)

Meta Platforms

PLD (57.0%)

Prologis

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

NVDA (44.8%)

NVIDIA

AVGO (42.3%)

Broadcom

AAPL (28.3%)

Apple

MSFT (25.3%)

Microsoft

GOOGL (18.2%)

Alphabet

Higher Total Yield (Value for PNRG: 6.4%)

BAC (8.8%)

Bank of America

JPM (7.4%)

JPMorgan Chase

JNJ (6.8%)

Johnson & Johnson

KO (6.7%)

Coca-Cola

BRK-B (6.6%)

Berkshire Hathaway

Best Bets in Energy

What You Pay

P/EBIT (Value for PNRG: 11.2x)

AM (14.6x)

Antero Midstream

HESM (5.0x)

Hess Midstream

DTM (18.1x)

DT Midstream

INSW (10.0x)

International Seaways

WHD (12.7x)

Cactus

CRC (9.6x)

California Resources

EQT (12.3x)

EQT

CTRA (11.1x)

Coterra Energy

LNG (6.9x)

Cheniere Energy

WMB (17.7x)

Williams Companies

P/E (Value for PNRG: 15.7x)

AM (26.7x)

Antero Midstream

HESM (14.6x)

Hess Midstream

DTM (31.2x)

DT Midstream

INSW (11.4x)

International Seaways

WHD (20.1x)

Cactus

CRC (16.1x)

California Resources

EQT (20.7x)

EQT

CTRA (16.1x)

Coterra Energy

LNG (11.9x)

Cheniere Energy

WMB (34.3x)

Williams Companies

What You Get

Rev Chg 3Y Avg (Value for PNRG: 19.2%)

AM (8.4%)

Antero Midstream

HESM (8.3%)

Hess Midstream

DTM (11.1%)

DT Midstream

INSW (0.5%)

International Seaways

WHD (19.3%)

Cactus

CRC (2.3%)

California Resources

EQT (1.6%)

EQT

CTRA (-0.8%)

Coterra Energy

LNG (-11.6%)

Cheniere Energy

WMB (3.2%)

Williams Companies

Rev Chg LTM (Value for PNRG: -6.5%)

AM (7.0%)

Antero Midstream

HESM (8.4%)

Hess Midstream

DTM (26.7%)

DT Midstream

INSW (-11.4%)

International Seaways

WHD (-4.5%)

Cactus

CRC (15.4%)

California Resources

EQT (60.0%)

EQT

CTRA (40.1%)

Coterra Energy

LNG (27.2%)

Cheniere Energy

WMB (13.8%)

Williams Companies

Rev Chg Q (Value for PNRG: -33.0%)

AM (3.1%)

Antero Midstream

HESM (2.1%)

Hess Midstream

DTM (27.3%)

DT Midstream

INSW (37.6%)

International Seaways

WHD (-4.0%)

Cactus

CRC (-13.8%)

California Resources

EQT (25.8%)

EQT

CTRA (40.4%)

Coterra Energy

LNG (22.9%)

Cheniere Energy

WMB (16.6%)

Williams Companies

FCF/Rev 3Y Avg (Value for PNRG: -6.8%)

AM (55.3%)

Antero Midstream

HESM (45.1%)

Hess Midstream

DTM (26.8%)

DT Midstream

INSW (25.7%)

International Seaways

WHD (24.0%)

Cactus

CRC (23.2%)

California Resources

EQT (22.6%)

EQT

CTRA (22.2%)

Coterra Energy

LNG (21.1%)

Cheniere Energy

WMB (20.1%)

Williams Companies

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 5.4%, alpha of -0.1%, and sharpe of 0.25

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	PrimeEnergy Resources Stock Jump Looks Great, But How Secure Is That Gain?	10/17/2025

	Title
0	ARTICLES

Trade Ideas

Select ideas related to PNRG.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
TPL_12262025_Dip_Buyer_ValueBuy	12262025	TPL	Texas Pacific Land	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	82.3%	82.3%	-2.1%
NOV_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V2	12122025	NOV	NOV	Insider	Insider Buys \| Low D/EStrong Insider Buying Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	23.6%	23.6%	-6.5%
RIG_12122025_Insider_Buying_GTE_1Mil_EBITp+DE_V2	12122025	RIG	Transocean	Insider	Insider Buys \| Low D/EStrong Insider Buying Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	56.9%	56.9%	-7.0%
WHD_11212025_Dip_Buyer_ValueBuy	11212025	WHD	Cactus	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	31.6%	31.6%	0.0%
OVV_10172025_Dip_Buyer_FCFYield	10172025	OVV	Ovintiv	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	41.7%	41.7%	0.0%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AGX	Argan	7.8	37.9%	81.1%
TBN	Tamboran Resources	0.9	25.6%	59.4%
U	Unity Software	8.3	13.5%	-56.0%
ADMA	ADMA Biologics	2.2	11.6%	-49.3%
METC	Ramaco Resources	1.0	11.4%	-13.6%
MEOH	Methanex	5.0	9.7%	64.8%
PTON	Peloton Interactive	1.9	8.8%	-28.1%
OXM	Oxford Industries	0.5	8.7%	3.0%
REX	REX American Resources	1.6	8.3%	47.7%
SGML	Sigma Lithium	1.2	7.8%	-20.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
BUR	Burford Capital	0.9	-47.1%	-53.6%
RCKT	Rocket Pharmaceuticals	0.4	-19.6%	7.4%
ZBIO	Zenas BioPharma	0.8	-17.8%	-49.8%
BKSY	BlackSky Technology	0.8	-17.2%	24.2%
PSNL	Personalis	0.6	-13.4%	-20.4%
SLS	SELLAS Life Sciences	0.5	-11.8%	15.8%
ANAB	AnaptysBio	1.6	-11.7%	18.4%
FLY	Firefly Aerospace	2.2	-11.6%	6.0%
INBX	Inhibrx Biosciences	0.9	-11.2%	-26.1%
YOU	Clear Secure	4.6	-11.2%	36.3%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
BCPC	Balchem	5.4	610.4%	8.9%
KOD	Kodiak Sciences	2.0	66.3%	32.3%
OLPX	Olaplex	1.3	51.9%	50.7%
CAR	Avis Budget	5.2	48.6%	15.7%
TBN	Tamboran Resources	0.9	36.0%	59.4%
ELVN	Enliven Therapeutics	2.4	33.8%	152.1%
TROX	Tronox	1.4	30.1%	120.3%
BORR	Borr Drilling	1.8	28.7%	50.1%
BRZE	Braze	2.5	25.5%	-32.9%
INDI	Indie Semiconductor	0.6	24.6%	-9.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
PIPR	Piper Sandler Cos	1.2	-75.2%	-12.4%
BUR	Burford Capital	0.9	-46.2%	-53.6%
WVE	WAVE Life Sciences	1.1	-45.9%	-62.6%
TASK	TaskUs	0.6	-37.8%	-15.9%
MAZE	Maze Therapeutics	1.4	-36.7%	-26.7%
ADMA	ADMA Biologics	2.2	-35.4%	-49.3%
CRCL	Circle Internet	21.5	-25.7%	18.1%
PLAY	Dave & Buster's Entertainment	0.3	-23.5%	-39.5%
EL	Estee Lauder Companies	24.3	-21.8%	-35.6%
NTSK	Netskope	1.9	-18.9%	-55.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	1.8	133.2%	104.5%
DAWN	Day One Biopharmaceuticals	2.2	101.0%	129.7%
VG	Venture Global	42.7	85.4%	157.4%
AAOI	Applied Optoelectronics	6.2	82.9%	181.7%
TNGX	Tango Therapeutics	2.1	68.9%	117.4%
AXTI	AXT	2.7	63.3%	270.8%
BW	Babcock & Wilcox Enterprises	1.5	61.7%	134.4%
PARR	Par Pacific	3.3	61.6%	86.9%
LWLG	Lightwave Logic	0.9	61.5%	123.3%
SM	SM Energy	3.8	56.2%	76.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	1.1	-58.6%	-62.6%
BUR	Burford Capital	0.9	-51.4%	-53.6%
OLMA	Olema Pharmaceuticals	1.2	-44.0%	-45.3%
WING	Wingstop	4.3	-43.1%	-35.2%
FRMI	Fermi	3.7	-43.0%	-22.8%
PAR	PAR Technology	0.5	-43.0%	-64.7%
SES	SES AI	0.3	-42.6%	-45.1%
USAS	Americas Gold And Silver	1.5	-41.9%	7.6%
ITRG	Integra Resources	0.4	-41.0%	-36.2%
VITL	Vital Farms	0.6	-40.6%	-58.9%

Peer Comparisons

Peers to compare with:

Financials

	PNRG	OXY	MUR	SM	VTS	REPX	Median
Name	PrimeEne.	Occident.	Murphy O.	SM Energy	Vitesse .	Riley Ex.
Mkt Price	240.42	65.32	42.12	32.72	18.51	37.17	39.64
Mkt Cap	0.4	64.6	6.0	3.8	0.7	0.8	2.3
Rev LTM	196	21,593	2,690	3,138	274	392	1,541
Op Inc LTM	33	3,722	426	822	17	141	284
FCF LTM	14	4,105	198	539	43	81	140
FCF 3Y Avg	-10	5,298	555	-206	35	88	61
CFO LTM	108	10,532	1,248	2,011	170	213	730
CFO 3Y Avg	98	11,426	1,575	1,789	156	222	899

Growth & Margins

	PNRG	OXY	MUR	SM	VTS	REPX	Median
Name	PrimeEne.	Occident.	Murphy O.	SM Energy	Vitesse .	Riley Ex.
Rev Chg LTM	-6.5%	-1.9%	-10.9%	17.5%	13.2%	-4.4%	-3.2%
Rev Chg 3Y Avg	19.2%	-14.5%	-13.9%	0.4%	-	7.2%	0.4%
Rev Chg Q	-33.0%	-14.7%	-8.4%	-16.0%	4.8%	-5.3%	-11.6%
QoQ Delta Rev Chg LTM	-10.1%	-1.4%	-2.1%	-4.1%	1.0%	-1.4%	-1.7%
Op Mgn LTM	16.8%	17.2%	15.9%	26.2%	6.3%	36.0%	17.0%
Op Mgn 3Y Avg	24.1%	19.7%	23.3%	34.5%	12.7%	44.7%	23.7%
QoQ Delta Op Mgn LTM	-4.4%	-0.6%	-2.0%	-4.9%	-3.4%	-3.4%	-3.4%
CFO/Rev LTM	55.3%	48.8%	46.4%	64.1%	62.2%	54.2%	54.8%
CFO/Rev 3Y Avg	54.4%	51.3%	51.5%	65.8%	62.3%	56.5%	55.5%
FCF/Rev LTM	6.9%	19.0%	7.4%	17.2%	15.6%	20.7%	16.4%
FCF/Rev 3Y Avg	-6.8%	23.7%	17.8%	-7.9%	13.7%	22.2%	15.7%

Valuation

	PNRG	OXY	MUR	SM	VTS	REPX	Median
Name	PrimeEne.	Occident.	Murphy O.	SM Energy	Vitesse .	Riley Ex.
Mkt Cap	0.4	64.6	6.0	3.8	0.7	0.8	2.3
P/S	2.0	3.0	2.2	1.2	2.6	2.0	2.1
P/EBIT	11.2	15.6	21.6	3.8	16.0	3.3	13.4
P/E	15.7	27.8	57.7	5.9	28.7	4.9	21.7
P/CFO	3.7	6.1	4.8	1.9	4.3	3.7	4.0
Total Yield	6.4%	3.6%	4.8%	18.2%	3.5%	24.7%	5.6%
Dividend Yield	0.0%	0.0%	3.1%	1.2%	0.0%	4.2%	0.6%
FCF Yield 3Y Avg	-3.8%	11.3%	11.0%	-0.4%	4.8%	14.7%	7.9%
D/E	0.0	0.4	0.4	0.7	0.2	0.3	0.3
Net D/E	-0.0	0.3	0.3	0.6	0.2	0.3	0.3

Returns

	PNRG	OXY	MUR	SM	VTS	REPX	Median
Name	PrimeEne.	Occident.	Murphy O.	SM Energy	Vitesse .	Riley Ex.
1M Rtn	20.9%	23.6%	27.1%	42.7%	-2.0%	28.9%	25.4%
3M Rtn	36.9%	64.7%	36.6%	78.3%	-0.8%	45.2%	41.0%
6M Rtn	39.4%	39.1%	43.3%	22.0%	-19.6%	32.1%	35.6%
12M Rtn	7.3%	36.7%	56.1%	16.4%	-17.7%	35.8%	26.1%
3Y Rtn	181.2%	10.4%	29.5%	26.5%	26.5%	22.7%	26.5%
1M Excs Rtn	39.0%	35.4%	39.9%	64.0%	3.2%	38.7%	38.8%
3M Excs Rtn	41.0%	72.2%	43.5%	84.4%	6.5%	53.6%	48.5%
6M Excs Rtn	43.1%	44.1%	51.2%	26.8%	-15.3%	40.3%	41.7%
12M Excs Rtn	-6.8%	22.6%	44.7%	-0.3%	-28.9%	19.8%	9.7%
3Y Excs Rtn	126.2%	-44.6%	-27.4%	-27.2%	-16.5%	-28.9%	-27.3%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/19/2025	4/15/2025	4/15/2024	4/17/2023	4/21/2022	4/26/2021	5/6/2020
Key Financials
Total Revenue	196	234	123	137	72	58	105
EBITDA	121	149	66	87	33	27	45
Operating Income	33	69	25	40	3	-17	4
Net Income	25	55	28	49	2	-2	3
EPS	15.30	31.43	15.19	24.91	1.05	-1.16	1.72
Growth Rates
Total Revenue Growth	-6.5%	90.0%	-10.2%	89.2%	24.0%	-44.3%	-11.2%
EBITDA Growth	-5.4%	127.0%	-24.7%	164.8%	21.2%	-39.4%	-23.7%
Operating Income Growth	-52.9%	174.5%	-37.1%	1046.8%	120.7%	-508.0%	-76.2%
Net Income Growth	-57.3%	97.1%	-42.3%	2219.5%	190.6%	-166.6%	-76.1%
Margins
EBITDA Margin	61.9%	63.8%	53.4%	63.7%	45.5%	46.6%	42.8%
Operating Income Margin	16.8%	29.4%	20.4%	29.1%	4.8%	-28.8%	3.9%
Net Income Margin	12.9%	23.7%	22.8%	35.5%	2.9%	-4.0%	3.3%
Cash & Debt
Total Cash	4	3	11	27	10	1	1
Total Debt	2	8	4	11	36	39	54
Net Debt / (Cash)	-1	6	-7	-16	26	38	52
Cash Flows
Net Cash from Operations	108	116	109	33	29	16	27
Free Cash from Operations	14	-3	-5	17	8	6	9
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	15	13	8	7	0	1	5

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/19/2025	8/19/2025	5/19/2025	4/15/2025	11/14/2024	8/14/2024	5/17/2024	4/15/2024	11/17/2023	8/15/2023	5/22/2023	4/17/2023
Key Financials Quarterly
Total Revenue	45	42	49	60	67	65	42	36	35	30	22	36
Ebitda	28	26	32	35	47	42	25	14	22	21	8	19
Operating Income	12	5	11	4	26	25	14	6	11	7	1	8
Net Income	11	3	9	2	22	20	11	6	11	10	1	13
EPS	6.41	1.94	5.40	1.55	12.63	11.08	6.27	3.24	5.84	5.35	0.75	6.96
Key Financials TTM
Total Revenue TTM	196	218	241	234	210	178	143	123	124	127	133	137
Ebitda TTM	121	140	157	149	128	104	82	66	70	74	74	87
Operating Income TTM	33	46	66	69	70	55	38	25	27	34	41	40
Net Income TTM	25	37	53	55	59	48	38	28	36	38	39	49
Growth Rates Quarterly
Total Revenue Growth	-33.0%	-35.3%	16.4%	67.4%	88.5%	118.2%	91.1%	-1.1%	-10.1%	-16.6%	-14.4%	20.5%
EBITDA Growth	-40.3%	-39.2%	29.9%	145.3%	110.7%	103.5%	196.6%	-22.6%	-14.1%	-1.4%	-61.5%	2.3%
Operating Income Growth	-51.4%	-80.9%	-19.4%	-20.2%	132.9%	247.1%	936.2%	-29.9%	-38.0%	-47.3%	110.3%	-10.0%
Net Income Growth	-52.2%	-83.6%	-19.3%	-61.3%	105.9%	95.6%	702.8%	-56.0%	-18.5%	-8.1%	-87.3%	88.0%
Margins Quarterly
EBITDA Margin	62.4%	61.4%	65.5%	58.8%	70.1%	65.3%	58.6%	40.2%	62.7%	70.0%	37.8%	51.3%
Operating Income Margin	27.9%	11.3%	22.8%	7.4%	38.5%	38.2%	33.0%	15.5%	31.2%	24.0%	6.1%	21.9%
Net Income Margin	23.6%	7.7%	18.5%	3.8%	33.1%	30.5%	26.7%	16.4%	30.3%	34.1%	6.4%	36.8%
Cash & Debt
Total Cash	4	2	2	3	2	2	2	11	20	5	14	27
Total Debt	2	16	10	8	8	4	8	4	0	0	0	11
Net Debt / (Cash)	-1	14	8	6	6	2	6	-7	-20	-5	-14	-16
Cash Flows Quarterly
FCF from Operations	55	-8	38	24	51	-2	43	38	35	5	31	-14
Cash Flows TTM
FCF from Operations TTM	108	105	111	116	130	115	122	109	57	41	54	33
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	2	3	7	3	5	3	3	1	1	3	3	2
Return on Invested Capital (ROIC) Quarterly
ROIC	-	106.7%	469.3%	173.5%	1356.6%	3508.1%	736.6%	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	259.8%	668.2%	937.5%	945.1%	2006.1%	511.1%	-	-	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Oil and gas exploration, development, operation and servicing	123
Field service income		13	9	11	19
Natural gas		18	11	4	7
Natural gas liquids		15	11	5	9
Oil		91	50	28	68
Other income			0	0	0
Realized loss on derivative instruments, net			-5	6	-1
Unrealized gain (loss) on derivative instruments, net			-5	-0	-3
Administrative overhead fees				4	6
Total	123	137	72	58	105

Price Behavior

Price Behavior

Market Price	$240.42
Market Cap ($ Bil)	0.4
First Trading Date	08/18/1995
Distance from 52W High	0.0%
	50 Days	200 Days
DMA Price	$193.96	$169.34
DMA Trend	up	up
Distance from DMA	24.0%	42.0%
	3M	1YR
Volatility	51.6%	62.6%
Downside Capture	-0.62	0.51
Upside Capture	62.24	67.41
Correlation (SPY)	9.4%	41.4%

PNRG Betas & Captures as of 2/28/2026

	1M	2M	3M	6M	1Y	3Y
Beta	1.13	0.73	0.92	1.13	1.38	1.14
Up Beta	2.06	0.94	0.73	2.96	1.63	1.37
Down Beta	6.76	2.48	2.08	1.50	1.77	1.40
Up Capture	-14%	33%	70%	80%	69%	78%
Bmk +ve Days	9	20	31	70	142	431
Stock +ve Days	11	21	29	66	129	378
Down Capture	-144%	-72%	21%	13%	94%	93%
Bmk -ve Days	12	21	30	54	109	320
Stock -ve Days	10	20	32	58	121	364

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with PNRG
PNRG	8.6%	62.3%	0.38	-
Sector ETF (XLE)	37.0%	24.9%	1.22	56.8%
Equity (SPY)	14.5%	18.9%	0.59	41.3%
Gold (GLD)	50.2%	27.7%	1.46	12.9%
Commodities (DBC)	17.8%	17.6%	0.85	40.3%
Real Estate (VNQ)	0.4%	16.4%	-0.15	31.9%
Bitcoin (BTCUSD)	-23.7%	44.2%	-0.49	22.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with PNRG
PNRG	31.3%	49.3%	0.75	-
Sector ETF (XLE)	25.3%	26.1%	0.86	38.1%
Equity (SPY)	11.8%	17.0%	0.54	23.7%
Gold (GLD)	20.7%	17.7%	0.96	12.4%
Commodities (DBC)	11.6%	18.9%	0.50	28.7%
Real Estate (VNQ)	3.0%	18.8%	0.07	17.5%
Bitcoin (BTCUSD)	4.0%	56.6%	0.29	6.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with PNRG
PNRG	20.1%	61.5%	0.56	-
Sector ETF (XLE)	11.4%	29.4%	0.42	32.8%
Equity (SPY)	14.0%	17.9%	0.67	24.0%
Gold (GLD)	13.3%	15.8%	0.70	9.7%
Commodities (DBC)	8.2%	17.6%	0.39	24.8%
Real Estate (VNQ)	4.7%	20.7%	0.19	21.8%
Bitcoin (BTCUSD)	66.4%	66.8%	1.06	5.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	3132026
Short Interest: Shares Quantity	0.1 Mil
Short Interest: % Change Since 2282026	2.7%
Average Daily Volume	0.0 Mil
Days-to-Cover Short Interest	1.2 days
Basic Shares Quantity	1.6 Mil
Short % of Basic Shares	3.6%

Returns Analyses

	Title
0	PrimeEnergy Resources Stock Jump Looks Great, But How Secure Is That Gain?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
SUMMARY STATS
# Positive	0	0	0
# Negative	0	0	0
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

Expand for More

Report Date	Filing Date	Filing
09/30/2025	11/19/2025	10-Q
06/30/2025	08/19/2025	10-Q
03/31/2025	05/19/2025	10-Q
12/31/2024	04/15/2025	10-K
09/30/2024	11/14/2024	10-Q
06/30/2024	08/14/2024	10-Q
03/31/2024	05/17/2024	10-Q
12/31/2023	04/15/2024	10-K
09/30/2023	11/17/2023	10-Q
06/30/2023	08/15/2023	10-Q
03/31/2023	05/22/2023	10-Q
12/31/2022	04/17/2023	10-K
09/30/2022	11/21/2022	10-Q
06/30/2022	08/19/2022	10-Q
03/31/2022	05/20/2022	10-Q
12/31/2021	04/21/2022	10-K

Recent Forward Guidance [BETA]

Latest: null Earnings Reported N/A/N/A/N/A | Prior: null Earnings Reported N/A/N/A/N/A

null

Insider Activity

Expand for More

#	Owner	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Hurt, Clint	Direct	Sell	12122025	190.20	5,000	950,994	22,968,978	Form
2	Hurt, Clint	Direct	Sell	12122025	190.12	3,715	706,279	22,252,639	Form
3	Hurt, Clint	Direct	Sell	12122025	190.07	1,285	244,235	22,002,587	Form
4	De, Rothschild Robert	See footnote	Sell	6052025	188.01	4,389	825,183	43,717,233	Form
5	De, Rothschild Robert	See footnote	Sell	6052025	187.00	1,767	330,429	43,151,559	Form

PNRG Trade Sentinel

Stock Conviction

null

CONVICTION RATIONALE

null

STOCK ARCHETYPE

null

INVESTMENT THESIS

null

Mechanism: null

Supporting Evidence:

PRIMARY RISK

null

Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

null

Diversification Alternatives

How Is The Market Pricing PNRG?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What PNRG Makes & Who Pays

TTM figures based on

PNRG Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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PrimeEnergy Resources (PNRG)

Market Price (3/30/2026): $240.42 | Market Cap: $396.3 MilSector: Energy | Industry: Oil & Gas Exploration & Production

PrimeEnergy Resources (PNRG)

Market Price (3/30/2026): $240.42Market Cap: $396.3 MilSector: EnergyIndustry: Oil & Gas Exploration & Production

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About PrimeEnergy Resources (PNRG)

Key Risks to PrimeEnergy Resources (PNRG)

Addressable Markets for PrimeEnergy Resources (PNRG)

Interactive Breakdown

Better Bets vs. PrimeEnergy Resources (PNRG)

INDUSTRY: Oil & Gas Exploration & Production

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

Higher Rev Chg LTM (Value for PNRG: -6.5%)

Higher Rev Chg 3Y Avg (Value for PNRG: 19.2%)

Higher Op Mgn LTM (Value for PNRG: 16.8%)

Higher CFO/Rev LTM (Value for PNRG: 55.3%)

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

Higher Total Yield (Value for PNRG: 6.4%)

SECTOR: Energy

Higher Rev Chg 3Y Avg | Lower P/S (Values for PNRG: 19.2% | 2.0x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

Higher Rev Chg LTM (Value for PNRG: -6.5%)

Higher Rev Chg 3Y Avg (Value for PNRG: 19.2%)

Higher Op Mgn LTM (Value for PNRG: 16.8%)

Higher CFO/Rev LTM (Value for PNRG: 55.3%)

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

Higher Total Yield (Value for PNRG: 6.4%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for PNRG: 19.2% | 2.0x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for PNRG: 19.2% | 12.0x)

Higher Rev Chg LTM (Value for PNRG: -6.5%)

Higher Rev Chg 3Y Avg (Value for PNRG: 19.2%)

Higher Op Mgn LTM (Value for PNRG: 16.8%)

Higher CFO/Rev LTM (Value for PNRG: 55.3%)

Higher FCF/Rev LTM (Value for PNRG: 6.9%)

Higher Total Yield (Value for PNRG: 6.4%)

Best Bets in Energy

P/EBIT (Value for PNRG: 11.2x)

P/E (Value for PNRG: 15.7x)

Rev Chg 3Y Avg (Value for PNRG: 19.2%)

Rev Chg LTM (Value for PNRG: -6.5%)

Rev Chg Q (Value for PNRG: -33.0%)

FCF/Rev 3Y Avg (Value for PNRG: -6.8%)

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Market Price (3/30/2026): $240.42 | Market Cap: $396.3 Mil
Sector: Energy | Industry: Oil & Gas Exploration & Production

Market Price (3/30/2026): $240.42
Market Cap: $396.3 Mil
Sector: Energy
Industry: Oil & Gas Exploration & Production