PrimeEnergy Corporation

NASDAQ PNRG

Download Data

PrimeEnergy Corporation Price to Book Ratio (P/B) on May 31, 2024: 1.26

PrimeEnergy Corporation Price to Book Ratio (P/B) is 1.26 on May 31, 2024, a 3.03% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • PrimeEnergy Corporation 52-week high Price to Book Ratio (P/B) is 1.53 on September 19, 2023, which is 20.67% above the current Price to Book Ratio (P/B).
  • PrimeEnergy Corporation 52-week low Price to Book Ratio (P/B) is 1.09 on February 09, 2024, which is -13.67% below the current Price to Book Ratio (P/B).
  • PrimeEnergy Corporation average Price to Book Ratio (P/B) for the last 52 weeks is 1.23.
NASDAQ: PNRG

PrimeEnergy Corporation

CEO Mr. Charles E. Drimal Jr.
IPO Date Aug. 18, 1995
Location United States
Headquarters 9821 Katy Freeway, Houston, TX, United States, 77024
Employees 115
Sector Energy
Industry Oil & gas e&p
Description

PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates approximately 534 active wells and owns non-operating interests and royalties in 952 additional wells. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support, site-preparation, and construction services for oil and gas drilling and reworking operations. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. PrimeEnergy Resources Corporation was incorporated in 1973 and is headquartered in Houston, Texas.

Similar companies

EPSN

Epsilon Energy Ltd

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email