Company profile

Ticker
PNRG
Exchange
CEO
Charles E. Drimal
Employees
Incorporated in
Location
Fiscal year end
Former names
Primeenergy Corp
SEC CIK
IRS number
840637348

PNRG stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

7 Nov 19
7 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 28.18M 31.53M 24.42M 37.84M
Net income 2.51M 5.78M -3.04M 7.41M
Diluted EPS 0.91 2.07 -1.49 2.62
Net profit margin 8.91% 18.31% -12.44% 19.59%
Operating income 4.01M 8.24M -2.79M 9.09M
Net change in cash 1.54M -5.43M 1.94M -1.35M
Cash on hand 4.36M 2.82M 8.25M 6.32M
Cost of revenue 3.97M 3.98M 3.67M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 118.1M 89.31M 56.77M 79.11M
Net income 14.53M 42M 3.44M -12.78M
Diluted EPS 5.11 14.18 1.13 -5.53
Net profit margin 12.30% 47.02% 6.07% -16.16%
Operating income 21.01M 41.98M 11.03M -16.17M
Net change in cash -2.12M -1.67M -3.18M 4.08M
Cash on hand 6.32M 8.44M 10.11M 13.29M
Cost of revenue

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
20 Feb 20 Rothschild Robert De Common Stock, $0.10 par value Sell Dispose S 141 200 28.2K 387,696
20 Feb 20 Rothschild Robert De Common Stock, $0.10 par value Sell Dispose S 139 399 55.46K 388,196
20 Feb 20 Rothschild Robert De Common Stock, $0.10 par value Sell Dispose S 139.99 300 42K 387,896
19 Feb 20 Rothschild Robert De Common Stock, $0.10 par value Sell Dispose S 142 1 142 388,595
24 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 150.5 34 5.12K 520,645
23 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 150.5 500 75.25K 520,679
23 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 150.66 500 75.33K 521,179
23 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 150.59 10 1.51K 521,679
23 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 150.61 100 15.06K 521,689
10 Jan 20 Charles E Drimal JR Common stock, $.10 par value Sell Dispose S 151 100 15.1K 521,789
13F holders
Current Prev Q Change
Total holders 33 29 +13.8%
Opened positions 5 1 +400.0%
Closed positions 1 1
Increased positions 14 14
Reduced positions 5 4 +25.0%
13F shares
Current Prev Q Change
Total value 32.93M 14.79M +122.6%
Total shares 127.77K 103.66K +23.3%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Vanguard 28.16K $4.26M +58.6%
BLK BlackRock 24.44K $3.7M -0.8%
NTRS Northern Trust 17.05K $2.58M +1.7%
Jane Street 9.53K $1.44M NEW
Dimensional Fund Advisors 8.86K $1.34M +41.7%
Geode Capital Management 8.05K $1.22M -2.1%
STT State Street 7.89K $1.19M +5.6%
RBF Capital 5.62K $849K 0.0%
California Public Employees Retirement System 4.97K $752K 0.0%
Heritage Investors Management 2.66K $403K -1.6%
Largest transactions
Shares Bought/sold Change
Vanguard 28.16K +10.4K +58.6%
Jane Street 9.53K +9.53K NEW
Dimensional Fund Advisors 8.86K +2.61K +41.7%
McKinley Carter Wealth Services 0 -2K EXIT
Biondo Investment Advisors 1.4K +1.4K NEW
WFC Wells Fargo & Co. 47 -900 -95.0%
O'shaughnessy Asset Management 743 +743 NEW
MS^L Morgan Stanley 689 +543 +371.9%
JPM JPMorgan Chase & Co. 676 +508 +302.4%
STT State Street 7.89K +416 +5.6%

Financial report summary

?
Management Discussion
  • We are an independent oil and natural gas company engaged in acquiring, developing and producing oil and natural gas. We presently own producing andnon-producing properties located primarily in Texas, Oklahoma and West Virginia. In addition, we own a substantial amount of well servicing equipment. All of our oil and gas properties and interests are located in the United States. Assets in our principal focus areas include mature properties with long-lived reserves and significant development opportunities as well as newer properties with development and exploration potential.
  • We are the operator of the majority of our developed and undeveloped acreage which is nearly all held by production. In the Permian Basin of West Texas and eastern New Mexico the Company maintains an acreage position of approximately 19,900 gross (12,560 net) acres, 97% of which is located in Reagan, Upton, Martin, and Midland counties of Texas where our current horizontal drilling activity is focused. Recent results from our wells and the wells of other operators have proven the potential of the Lower Spraberry, Jo Mill, and Wolfcamp A intervals, in addition to the Middle Wolfcamp. We believe our Permian Basin acreage has the resource potential to support the future drilling of as many as 375 horizontal wells.
  • In Oklahoma we maintain an acreage position of approximately 55,880 gross (10,700 net) acres. Our Oklahoma horizontal development is focused primarily in Canadian, Kingfisher, Garfield, Major, Grady, and Garvin counties. We believe approximately 3,460 net acres in these counties hold significant additional resource potential that could support the drilling of as many as 105 new horizontal wells based on two reservoir targets and four to eight wells per reservoir per section.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: bench, billion, Citizen, confirmed, fourth, Garfield, investigate, Kashmir, November, pending, planning, Slash, Wallace, WM
Removed: depending, option