企業概要
PrimeEnergy Resources Corporation operates within the energy sector, specifically focusing on the oil and gas exploration and production industry through its subsidiaries. The company's core business involves the acquisition, development, and production of oil and natural gas properties located in the United States, encompassing ownership of leasehold, mineral, and royalty interests in both producing and non-producing assets. This entity maintains a workforce of 78 employees and holds a market capitalization of $399.22M with total annual revenue reaching $196.24M. These valuation and revenue figures position PrimeEnergy as a mid-cap entity with a significant revenue base relative to its employee count, suggesting a capital-intensive operational model typical of the upstream energy sector where substantial assets are leveraged to generate production. The market cap indicates a valuation that reflects investor sentiment regarding future cash flows from these extensive property interests, while the revenue scale demonstrates the company's active role in the broader U.S. energy landscape.
財務健全性
The company reported total revenue of $196.24M over the trailing twelve months, with a net income of $25.20M and an EBITDA of $119.72M. The substantial disparity between EBITDA and net income reveals a significant tax burden and interest expense structure, where operating earnings before interest and taxes are reduced by nearly $94.52M to arrive at the bottom line. Free cash flow stands at $9.30M, which represents the cash generated after capital expenditures; however, this figure is modest relative to EBITDA, indicating that significant capital is required to maintain production levels or that cash conversion ratios are under pressure. The gross margin is reported at 69.6%, reflecting the high mark-up on sales typical of commodity extraction before accounting for direct production costs. Operating margin stands at 27.9%, while profit margin is 12.8%, illustrating that while operational efficiency is maintained, the final profitability is heavily impacted by non-operating expenses and taxes. In terms of liquidity and leverage, the company holds $3.69M in cash against $576,000 in debt, resulting in a debt-to-equity ratio of 0.27. This balance sheet structure indicates a highly conservative approach to leverage, as the cash reserves vastly exceed total debt obligations. The current ratio is 0.53, which suggests that current assets are less than current liabilities, indicating potential short-term liquidity constraints that must be managed through operational cash flows. Return on equity is 12.1% and return on assets is 6.1%, metrics that demonstrate the company generates a moderate return on the capital invested by shareholders and the total asset base, respectively.
バリュエーション評価
PrimeEnergy Resources Corporation trades with a P/E ratio (TTM) of 23.03, while a forward P/E ratio is listed as N/A. The absence of a forward P/E metric implies that analysts or the market data provider does not have sufficient projected earnings data to calculate a forward multiple, or the company's earnings are volatile enough that a forward projection is not standardly applied. The price-to-book ratio is 1.85, indicating that the market values the company at 85% above its book value, which often suggests a market premium for asset quality or a lack of available comparable book value data in the current trading environment. Alternative valuation metrics include a price-to-sales ratio of 2.03 and an EV/EBITDA of 3.26, figures that suggest the stock is priced at roughly double its sales and offers a relatively low multiple based on earnings before interest, taxes, depreciation, and amortization. The stock's 52-week high is $240.42 and the 52-week low is $126.40. Without a specific current price listed in the provided facts, the valuation range is bounded by these extremes, with the stock having demonstrated significant volatility within this $114.02 spread over the last year. The beta is -0.11, a unique metric indicating a negative correlation with the broader market, meaning the stock tends to move inversely to the market index rather than moving with it.
Growth & Income
Revenue growth year-over-year is -33.0%, while earnings growth year-over-year is -50.2%, showing that earnings are declining at a much faster rate than revenue. This divergence implies that cost structures or operating leverage are becoming more pronounced, as the bottom line is suffering disproportionately compared to the top line. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%. Consequently, the company retains all earnings rather than distributing them to shareholders, likely prioritizing capital allocation toward maintaining its oil and gas properties or managing its cash reserves. The overall growth and income profile is characterized by significant contraction in profitability and revenue, with no income distribution to shareholders, reflecting a phase of business adjustment or cyclical downturn within the energy sector.