Quality Investor

PrimeEnergy Resources Corporation

Rank #54Capital ReturnWatchlistCompare with other stocks

PNRG · Nasdaq · Energy

PrimeEnergy Resources Corporation (PNRG) — Rank #54 by gross profitability (GP/assets 0.58) · ROE 12.0% · Piotroski F-Score 7 / 9.

As-of 2026-10-30 · CIK 0000056868 · all metrics point-in-time as of the filing date.

About

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States.

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The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates wells and owns non-operating interests and royalties. 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 was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018.

PrimeEnergy Resources Corporation was incorporated in 1973 and is based in Houston, Texas.

Industry
Oil & Gas E&P
Sector
Energy
State
DE
Filer Category
Non-accelerated filerSmaller reporting company
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

67

Industry

Oil & Gas E&P

Exchange

Nasdaq

9/10

Flags passed

PNRG fails 1 critical flag

Passes 9 of 10 quality flags

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    No valuation convergence

Strengths Sequential beat (rev + EPS)

No data Operating margin · SBC and margin — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.58
Return on equity
12.0%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.44
Current ratio
1.49×
Net cash
$28.73M

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
—

Growth

1/2 pass
Revenue growth
-20.5%
Piotroski F-Score
7 / 9
Share dilution
-4.0%

FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.

Profitability

Does it make money well?

Warning: Revenue declining YoY · GP/assets 0.58

Gross profitability (GP / assets)

0.58

Primary signal (Novy-Marx).

1st of 5 SIC 13 peers

Return on equity

12.0%

Gross margin

96.7%

1st of 5 SIC 13 peers

Revenue growth (YoY)

-20.5%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

6.4%

Revenue CAGR (5Y)

26.5%

Earnings CAGR (3Y)

-18.5%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 21% below net income

Free cash flow

$20.78M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

-21.0%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

—

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $28.73M, F-Score 7/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.44

1st of 5 SIC 13 peers (best = lowest)

Current ratio

1.49×

4th of 5 SIC 13 peers

Quick ratio

1.38×

Net cash

$28.73M

Cash & equivalents minus total debt.

Piotroski F-Score

7 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.7 / 5

Good
Share count trend(net buybacks)
-4.0%4/5 Strong
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
2.7%4/5 Strong

Lifecycle Phase History

20202025
Decline
Hypergrowth
Capital Return

Price History

PNRG+197.5% · +24.3% CAGRSPY+82.9% · +12.8% CAGR