XVARY Composite Score
44
/ 100
Below Average
Combines growth, value, risk, and momentum factors into a single institutional-grade score.
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What it is
PrimeEnergy pulls oil and gas from mature fields in Texas and Oklahoma, then collects cash with almost no long-term debt.
How it gets paid
Last year Primeenergy Res made $238M in revenue. Crude oil sales was the main engine at $154M, or 65% of sales.
What just happened
Latest quarter revenue hit $138M, up 200% vs. prior year, while EPS reached $9.43.
At a Glance
B balance sheet — gets the job done, barely
10/100 earnings predictability — expect surprises
17.1x trailing p/e — the market's not buying it — or you found a deal
27.1% return on capital — every dollar works hard here
$21.95 fy2024 eps est
XVARY composite: 44/100 — below average
What They Do
PrimeEnergy pulls oil and gas from mature fields in Texas and Oklahoma, then collects cash with almost no long-term debt.
This is not a scale story. It is a discipline story. You are looking at a producer that kept 63.1 cents of operating profit from every $1 of sales in the 2024 estimate. Long-term debt was $0M, which means debt-free balance sheet → no big interest burden → more room to survive ugly oil prices.
How They Make Money
$238M
annual revenue
Crude oil sales
$154M
+47.6%
Natural gas sales
$43M
+47.6%
Natural gas liquids sales
$24M
+47.6%
Well servicing and field services
$12M
+0.0%
Other and partnership income
$5M
+0.0%
The Products That Matter
Drills and sells hydrocarbons
Oil & Gas Production
$196M · 82% of revenue
This is the business. It generated $196M in revenue with a 69.6% gross margin. When pricing is favorable, this segment does almost all of the real work.
core cash engine
Well-servicing for third parties
Contract Services
$42M · 18% of revenue
This segment adds $42M in revenue. Useful, especially in a small company. But at 18% of sales, it does not rewrite the equity story on its own.
side business
Key Numbers
63.1%
operating margin
Operating margin → profit left after running the business → so what: PrimeEnergy keeps an unusually fat slice of every revenue dollar.
$0M
long-term debt
Long-term debt → money owed for years → so what: no debt means less financial stress when oil prices get ugly.
27.1%
return on capital
Return on capital → profit on money invested → so what: this says management has been good at turning assets into earnings.
17.1x
trailing p/e
P/E → price versus past earnings → so what: you are not paying a meme-stock multiple for this level of profitability.
Financial Health
B
Strength
- balance sheet grade B — adequate — nothing special
- risk rank 4 — safer than 20% of stocks
- price stability 20 / 100
- long-term debt $0M (0% of capital)
B — functional but not a standout on the balance sheet.
Total Return vs. Market
source: institutional data · return history unavailable
What Just Happened
beat estimates
Latest quarter revenue hit $138M, up 200% vs. prior year, while EPS reached $9.43.
The quarter was a contrast machine. Revenue rose 200% vs. prior year and EPS rose 115% vs. prior year, showing sales grew faster than per-share profit. the 2024 quarterly EPS history also swung from $8.80 in Q3 to $0.97 in Q4, so you are buying power with mood swings.
$138M
revenue
$9.43
eps
63.1%
operating margin
the number that mattered
$138M matters most because a $336M company just printed quarterly revenue equal to about 41% of its market value.
source: company earnings report, 2026
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What Could Go Wrong
The main risk is simple: $196M of the $238M revenue base still comes from oil and gas sales, so the company can run a clean balance sheet and still deliver messy results.
High
Oil and gas pricing
Oil and gas sales generate $196M of the company’s $238M revenue. That leaves roughly 82% of the business exposed to realized commodity prices. If crude or gas weakens, revenue and margin feel it quickly.
Direct pressure on most revenue and profit
Med
Small scale
At $238M in annual revenue and a $336M market cap, PNRG does not have the scale larger producers use to spread fixed costs, absorb weak pricing, or keep drilling through softer periods without blinking.
Less room for error than larger peers
Med
Thin diversification
Contract services contribute $42M, or 18% of revenue. That helps at the margin. It does not come close to offsetting the current oil and gas mix if commodity pricing turns against the company.
The side business softens volatility; it does not absorb it
Low
Regulatory pressure on hydrocarbons
Tighter emissions rules or permit friction would not just raise compliance costs. They could also lower the value investors assign to reserves and future drilling inventory over time.
Longer-term pressure on asset value
The clean balance sheet is real. So is the fact that the current revenue mix still behaves like a commodity stock first.
Source: institutional data · regulatory filings · risk analysis
Pay Attention To
The key metric
Realized pricing versus volume
Revenue can improve for two very different reasons: more production or better pricing. You want to know which one did the work, because only one tells you something about operations.
Calendar
Q4 2025 earnings release
Scheduled for friday, 2026-04-17. Watch for production volumes, realized prices, and whether first-half revenue of $92.0M turned into a stronger second half.
Balance-sheet watch
Use of the $115M credit facility
The borrowing base was reaffirmed at $115M. If usage starts climbing, the debt-free story gets less impressive even if the facility remains available.
What would change our mind
Whether contract services stops being an 18% sideshow
If contract services grows beyond its current 18% share and oil and gas stops dominating the current 82% mix, the diversification story changes. Until then, you should treat this as mostly a commodity bet.
Analyst Rankings
earnings predictability
10 / 100
A 10/100 score means the earnings line has been hard to model. In human-speak, analysts do not trust this business to deliver smooth, repeatable quarters.
risk rank
4
Risk rank is a safety-style score. A 4 puts this on the riskier side of the market, which lines up with the 20/100 price stability score and the 35% three-month move.
Source: institutional data
Institutional Activity
institutional ownership data for PNRG is being compiled.
Source: institutional data
Price Targets
3-5 year target range
$178
Current price
Target midpoint · from current
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