PrimeEnergy Corporation

NASDAQ PNRG

Data sourced from iex and EODHD
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PrimeEnergy Corporation Price to Sales Ratio (P/S) on May 31, 2024: 1.50

PrimeEnergy Corporation Price to Sales Ratio (P/S) is 1.50 on May 31, 2024, a 6.80% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • PrimeEnergy Corporation 52-week high Price to Sales Ratio (P/S) is 1.92 on September 19, 2023, which is 27.87% above the current Price to Sales Ratio (P/S).
  • PrimeEnergy Corporation 52-week low Price to Sales Ratio (P/S) is 1.30 on April 22, 2024, which is -13.29% below the current Price to Sales Ratio (P/S).
  • PrimeEnergy Corporation average Price to Sales Ratio (P/S) for the last 52 weeks is 1.60.
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.

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StockViz Staff

September 20, 2024

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