PrimeEnergy Q3 2023 EPS $4.13 Down From $4.88 Yoy, Revenue $35.360M Down From $39.651M YoY
$PNRG
Oil & Gas Production
Energy
PrimeEnergy Q3 2023 EPS $4.13 Down From $4.88 Yoy, Revenue $35.360M Down From $39.651M YoY
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HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ:PNRG) announced today net income of $22,076,000 for the quarter, and $53,127,000 for the nine months, ended September 30, 2024. This represents $8.80 and $20.93 per share, on a fully diluted basis, for the three and nine months ended September 30, 2024. As of November 14, 2024, the total outstanding shares including outstanding options are 2,485,000. Oil and gas production volumes for the three months ended September 30, 2024 and 2023: 2024 2023 Increase Increase Oil production (barrels) 757,000 323,000 434,000 134.37%Natural gas production (Mcf) 2,144,000 1,081,000 1,063,000
HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ:PNRG) announced today net income of $19.73 million for the quarter, and $31.05 million for the six months, ended June 30, 2024. This represents $7.77 and $12.16 per share, on a fully diluted basis, for the three and six months ended June 30, 2024. As of August 14, 2024, the total outstanding shares including outstanding options are 2,519,271. "During the second quarter of 2024, the Company added the first production from 21 new wells and currently has 19 additional wells in various stages of drilling and completion activities with DE IV Operating LLC., Apache Corporation and Pioneer Natural Resources. The
PrimeEnergy Resources Corporation (NASDAQ:PNRG) announces third quarter unaudited results for the periods ended September 30, 2023 and 2022. Oil and gas production and the average prices received (excluding gains and losses from derivatives) for the three and nine months ended September 30, 2023, and 2022 were as follows: Three Months Ended September 30, 2023 2022 Increase / (Decrease) Barrels of Oil Produced 323,188 244,500 78,688 Average Price Received $ 81.69 $ 95.72 $ (14.03 ) Oil Revenue (In 000's) $
10-Q - PRIMEENERGY RESOURCES CORP (0000056868) (Filer)
10-Q - PRIMEENERGY RESOURCES CORP (0000056868) (Filer)
8-K - PRIMEENERGY RESOURCES CORP (0000056868) (Filer)
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SC 13G - PRIMEENERGY RESOURCES CORP (0000056868) (Subject)
SC 13D/A - PRIMEENERGY RESOURCES CORP (0000056868) (Subject)
SC 13D/A - PRIMEENERGY RESOURCES CORP (0000056868) (Subject)
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: PrimeEnergy Resources (NASDAQ:PNRG) - P/E: 7.79 RPC (NYSE:RES) - P/E: 6.72 ProPetro Holding (NYSE:PUMP) - P/E: 8.29 San Juan Basin Royalty (NYSE:SJT) - P/E: 3.06 SilverBow