Primeenergy Resources Stock

Primeenergy Resources Market capitalization 2024

Primeenergy Resources Market capitalization

502.45 M USD

Ticker

PNRG

ISIN

US74158E1047

WKN

865056

In 2024, Primeenergy Resources's market cap stood at 502.45 M USD, a 73.02% increase from the 290.4 M USD market cap in the previous year.

The Primeenergy Resources Market capitalization history

YEARMarket Capitalization (undefined USD)
2023502.45
2022215.14
2021140.48
2020162.8
2019367.49
2018186.82
2017143.63
2016151.48
2015136.07
2014186.64
2013121.38
201285.55
201180.1
201082.73
2009104.07
2008226.13
2007218.52
2006283.94
2005146.72
200477.13

Primeenergy Resources Aktienanalyse

What does Primeenergy Resources do?

Primeenergy Resources Corp is an American company that operates in the oil and gas industry. The company was founded in 1973 and is headquartered in Houston, Texas. The history of Primeenergy Resources Corp began as a small company focused on the exploration and production of oil and gas reserves in Texas. Over time, the company expanded its activities to other regions in the USA and also in other countries. The company grew rapidly and became one of the leading companies in the industry. The business model of Primeenergy Resources Corp is based on the exploration, development, and production of oil and gas resources. The company operates its own production facilities and is also involved in joint ventures. The company specializes in the search for and development of petroleum and natural gas sources. Primeenergy Resources Corp has various divisions, including the exploration and production of oil and gas wells in North and South America, Europe, Asia, and Africa. The company also operates refineries, pipelines, and storage facilities. In recent years, the company has expanded its portfolio to include renewable energy. Products offered by Primeenergy Resources Corp include crude oil, natural gas, liquefied petroleum gas, and various petrochemical products. The company is also involved in power generation and operates various wind and solar installations. In recent years, Primeenergy Resources Corp has played a leading role in the development of renewable energy. The company has invested in various renewable energy sources and operates solar and wind power plants. The company is also involved in the development of hydrogen and biogas projects. Overall, Primeenergy Resources Corp is a company operating in the oil and gas industry, focusing on the exploration, development, and production of oil and gas reserves. The company also operates refineries, pipelines, and storage facilities. In recent years, the company has invested in renewable energy and operates solar and wind power plants. The company is also involved in the development of hydrogen and biogas projects. Primeenergy Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Primeenergy Resources's Market Capitalization

Primeenergy Resources's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Primeenergy Resources's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Primeenergy Resources's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Primeenergy Resources’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Primeenergy Resources stock

What is the current Primeenergy Resources market capitalization?

The current market capitalization of Primeenergy Resources is 502.45 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Primeenergy Resources.

How has the market capitalization of Primeenergy Resources developed in recent years?

The market capitalization of Primeenergy Resources has increased/decreased by 73.02% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Primeenergy Resources?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Primeenergy Resources?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Primeenergy Resources have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Primeenergy Resources pay?

Over the past 12 months, Primeenergy Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Primeenergy Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of Primeenergy Resources?

The current dividend yield of Primeenergy Resources is .

When does Primeenergy Resources pay dividends?

Primeenergy Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Primeenergy Resources?

Primeenergy Resources paid dividends every year for the past 0 years.

What is the dividend of Primeenergy Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Primeenergy Resources located?

Primeenergy Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Primeenergy Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Primeenergy Resources from 12/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/12/2024.

When did Primeenergy Resources pay the last dividend?

The last dividend was paid out on 12/12/2024.

What was the dividend of Primeenergy Resources in the year 2023?

In the year 2023, Primeenergy Resources distributed 0 USD as dividends.

In which currency does Primeenergy Resources pay out the dividend?

The dividends of Primeenergy Resources are distributed in USD.

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Andere Kennzahlen von Primeenergy Resources

Our stock analysis for Primeenergy Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Primeenergy Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.