Primeenergy Resources Stock

Primeenergy Resources ROA 2024

Primeenergy Resources ROA

0.1

Ticker

PNRG

ISIN

US74158E1047

WKN

865056

In 2024, Primeenergy Resources's return on assets (ROA) was 0.1, a -50.59% increase from the 0.2 ROA in the previous year.

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.

ROA Details

Understanding Primeenergy Resources's Return on Assets (ROA)

Primeenergy Resources's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Primeenergy Resources's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Primeenergy Resources's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Primeenergy Resources’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Primeenergy Resources stock

What is the Return on Assets (ROA) of Primeenergy Resources this year?

The Return on Assets (ROA) of Primeenergy Resources is 0.1 undefined this year.

What was the ROA of Primeenergy Resources compared to the previous year?

The ROA of Primeenergy Resources has increased by -50.59% compared to the previous year.

What consequences do high ROA have for investors of Primeenergy Resources?

A high ROA is advantageous for investors of Primeenergy Resources, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Primeenergy Resources?

A low ROA can be unfavorable for investors of Primeenergy Resources as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Primeenergy Resources affect the company?

An increase in ROA of Primeenergy Resources can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Primeenergy Resources impact the company?

A reduction in the ROA of Primeenergy Resources can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Primeenergy Resources?

Some factors that can influence the ROA of Primeenergy Resources include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Primeenergy Resources important for investors?

The ROA of Primeenergy Resources is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Primeenergy Resources take to improve ROA?

To improve ROA, Primeenergy Resources can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 8/14/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/14/2024.

When did Primeenergy Resources pay the last dividend?

The last dividend was paid out on 8/14/2024.

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.