PrimeEnergy Resources Corporation (PNRG) Company Bio
PrimeEnergy Corporation, an independent oil and natural gas company, through its subsidiaries, engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company was founded in 1973 and is based in Houston, Texas.
PNRG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Primeenergy Resources Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Primeenergy Resources Corp ranked in the 35th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 36.67%. As for the metrics that stood out in our discounted cash flow analysis of Primeenergy Resources Corp, consider:
77% of the company's capital comes from equity, which is greater than 58.68% of stocks in our cash flow based forecasting set.
Relative to other stocks in its sector (Energy), Primeenergy Resources Corp has a reliance on debt greater than only 12.86% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Primeenergy Resources Corp? See EPM, RDS.A, CRBO, MMP, and TGA.
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