PrimeEnergy Resources Corporation Common Stock (PNRG)

FairStock Score: 58/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

PrimeEnergy is a cyclical oil and gas producer. I see a debt-free balance sheet, which is rare and comforting in this industry. At the 2026-10-13 close of $219.15, FairStock calculates a P/E of 21.15, P/B of 1.59, and FCF yield of 14.1% on trailing free cash flow of $48.8M. FairStock's EV/EBITDA is 3.41 and PEG is 0.21, suggesting the market is not paying much for current cash flow, but I remind myself that cyclical earnings can vanish when commodity prices fall. Filed results show the swings: FY2024 revenue was $237.8M with net income $55.4M and diluted EPS $21.95, while FY2025 revenue fell to $189.1M with net income $26.3M and diluted EPS $10.86. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $42.5M, net income $6.5M, and diluted EPS $2.75, up from $3.2M net income and $1.33 EPS in fiscal Q2 2025. That recovery is real, but it follows a weak patch. FairStock reports modest returns: ROE 11.72% and ROCE 5.41%, so this is not a high-return compounder. FairStock's Graham Number of $179.12 puts the price about 22.35% above a defensive asset-based estimate, so I get no traditional margin of safety. FairStock's Altman Z-score of 3.72 and Piotroski F-score of 6/9 point to reasonable financial health. The stock looks statistically cheap on cash flow and expensive on Graham value, a classic cyclical. I would want commodity prices, reserves, and capital discipline to justify the price.

In plain English: PrimeEnergy is a small U.S. company that buys, develops, and produces oil and natural gas properties. Its profits swing with energy prices, and while the latest reported quarter was much better than a year earlier, full-year results have been uneven. At the recent price, the shares look more fairly priced than cheap by old value tests, even though the cash the business generates looks strong for its size.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer