PrimeEnergy Historical Balance Sheet
PNRG Stock | USD 216.14 1.14 0.53% |
Trend analysis of PrimeEnergy balance sheet accounts such as Total Stockholder Equity of 194.3 M, Property Plant And Equipment Net of 309.3 M, Retained Earnings of 248.3 M or Cash of 7.7 M provides information on PrimeEnergy's total assets, liabilities, and equity, which is the actual value of PrimeEnergy to its prevalent stockholders. By breaking down trends over time using PrimeEnergy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining PrimeEnergy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PrimeEnergy is a good buy for the upcoming year.
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About PrimeEnergy Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of PrimeEnergy at a specified time, usually calculated after every quarter, six months, or one year. PrimeEnergy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PrimeEnergy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PrimeEnergy currently owns. An asset can also be divided into two categories, current and non-current.
PrimeEnergy Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of PrimeEnergy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PrimeEnergy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on PrimeEnergy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PrimeEnergy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from PrimeEnergy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into PrimeEnergy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.At this time, PrimeEnergy's Total Current Liabilities is most likely to increase significantly in the upcoming years. The PrimeEnergy's current Total Stockholder Equity is estimated to increase to about 194.3 M, while Net Debt is forecasted to increase to (12.1 M).
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 11M | 284K | 326.6K | 310.3K | Total Assets | 247.1M | 288.6M | 331.9M | 348.4M |
PrimeEnergy balance sheet Correlations
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PrimeEnergy balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 200.5M | 210.9M | 247.1M | 288.6M | 331.9M | 348.4M | |
Short Long Term Debt Total | 38.8M | 39.1M | 11M | 284K | 326.6K | 310.3K | |
Other Current Liab | 7.4M | 14.4M | 20.2M | 48.5M | 55.7M | 58.5M | |
Total Current Liabilities | 14.1M | 21.7M | 41.0M | 64.8M | 74.5M | 78.3M | |
Total Stockholder Equity | 97.1M | 99.1M | 140.4M | 161.0M | 185.1M | 194.3M | |
Property Plant And Equipment Net | 191.1M | 184.7M | 174.0M | 256.1M | 294.5M | 309.3M | |
Net Debt | 37.8M | 25.7M | (15.5M) | (11.1M) | (12.7M) | (12.1M) | |
Retained Earnings | 126.8M | 128.9M | 177.6M | 205.7M | 236.5M | 248.3M | |
Cash | 996K | 10.3M | 26.5M | 11.1M | 12.7M | 7.7M | |
Non Current Assets Total | 191.6M | 185.6M | 175.0M | 256.8M | 295.3M | 310.1M | |
Non Currrent Assets Other | (35.8M) | (37.8M) | (39.0M) | 673K | 605.7K | 636.0K | |
Cash And Short Term Investments | 996K | 10.3M | 26.5M | 11.1M | 12.7M | 7.7M | |
Net Receivables | 7.2M | 14.2M | 12.5M | 20.3M | 23.3M | 24.5M | |
Common Stock Shares Outstanding | 2.0M | 2.7M | 2.7M | 2.6M | 2.3M | 3.4M | |
Liabilities And Stockholders Equity | 200.5M | 210.9M | 247.1M | 288.6M | 331.9M | 348.4M | |
Non Current Liabilities Total | 88.4M | 90.1M | 65.8M | 62.8M | 72.2M | 72.5M | |
Other Stockholder Equity | (30.0M) | (30.1M) | (37.5M) | (45M) | (40.5M) | (38.5M) | |
Total Liab | 102.5M | 111.8M | 106.8M | 127.6M | 146.8M | 95.8M | |
Property Plant And Equipment Gross | 191.1M | 184.7M | 582.5M | 686.7M | 789.8M | 829.2M | |
Total Current Assets | 8.9M | 25.3M | 72.2M | 31.8M | 36.5M | 24.3M | |
Other Current Assets | 694K | 40K | 33.1M | 414K | 476.1K | 452.3K | |
Short Term Debt | 487K | 1.6M | 3.9M | 246K | 282.9K | 268.8K | |
Accounts Payable | 5.2M | 7.3M | 11.5M | 15.4M | 17.7M | 13.9M | |
Other Liab | 56.9M | 50.1M | 54.0M | 54.7M | 62.9M | 66.0M | |
Other Assets | 520K | 923K | 985K | 1.0 | 1.15 | 1.09 | |
Long Term Debt | 54.2M | 38.3M | 37.5M | 11M | 12.7M | 12.0M | |
Treasury Stock | (31.3M) | (36.8M) | (37.5M) | (37.6M) | (33.9M) | (35.6M) | |
Property Plant Equipment | 212.1M | 191.1M | 184.7M | 174.0M | 200.1M | 174.2M | |
Current Deferred Revenue | 7.7M | (1.6M) | 40.0M | 929K | 1.1M | 1.0M | |
Inventory | 897K | 590K | 733K | 33.0M | 38.0M | 39.9M | |
Net Tangible Assets | 100.1M | 97.1M | 99.1M | 140.4M | 161.4M | 85.0M | |
Retained Earnings Total Equity | 125.6M | 129.1M | 126.8M | 128.9M | 148.2M | 108.3M | |
Capital Surpluse | 7.4M | 7.5M | 7.5M | 7.6M | 8.7M | 8.2M |
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When determining whether PrimeEnergy is a strong investment it is important to analyze PrimeEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PrimeEnergy's future performance. For an informed investment choice regarding PrimeEnergy Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PrimeEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PrimeEnergy. If investors know PrimeEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PrimeEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.131 | Earnings Share 23.22 | Revenue Per Share | Quarterly Revenue Growth 0.885 | Return On Assets |
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.