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Primeenergy Resources Stock

Primeenergy Resources P/E 2024

Primeenergy Resources P/E

8.5

Ticker

PNRG

ISIN

US74158E1047

WKN

865056

As of Dec 12, 2024, Primeenergy Resources's P/E ratio was 8.5, a 80.47% change from the 4.71 P/E ratio recorded in the previous year.

The Primeenergy Resources P/E history

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.

P/E Details

Deciphering Primeenergy Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of Primeenergy Resources is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Primeenergy Resources's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Primeenergy Resources is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Primeenergy Resources’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Primeenergy Resources stock

What is the price-to-earnings ratio of Primeenergy Resources?

The price-earnings ratio of Primeenergy Resources is currently 8.5.

How has the price-earnings ratio of Primeenergy Resources changed compared to last year?

The price-to-earnings ratio of Primeenergy Resources has increased by 80.47% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Primeenergy Resources high compared to other companies?

Yes, the price-to-earnings ratio of Primeenergy Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Primeenergy Resources affect the company?

An increase in the price-earnings ratio of Primeenergy Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Primeenergy Resources affect the company?

A decrease in the price-earnings ratio of Primeenergy Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Primeenergy Resources?

Some factors that influence the price-earnings ratio of Primeenergy Resources are the company's growth, financial position, industry development, and the overall economic situation.

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.