OverviewSuggest Edit

PrimeEnergy Corporation is an independent oil and natural gas company which engages in acquiring, developing, and producing oil and natural gas properties in the United States. 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 operations, site-preparation, and construction services for oil and gas drilling and reworking operations.

TypePublic
Founded1973
HQHouston, US
Websiteprimeenergy.com

Locations

PrimeEnergy is headquartered in
Houston, United States

Location Map

Latest Updates

Employees (est.) (Mar 2019)156(+9%)
Revenue (FY, 2019)$104.8 M(-11%)
Share Price (Nov 2020)$54.4
Cybersecurity ratingBMore

PrimeEnergy Office Locations

PrimeEnergy has an office in Houston
Houston, US (HQ)
9821 Katy Fwy
Show all (1)

PrimeEnergy Financials and Metrics

PrimeEnergy Revenue

PrimeEnergy's revenue was reported to be $104.82 m in FY, 2019
USD

Revenue (Q2, 2020)

7.3m

Gross profit (Q2, 2020)

5.4m

Gross profit margin (Q2, 2020), %

73.6%

Net income (Q2, 2020)

(6.8m)

EBIT (Q2, 2020)

(10.3m)

Market capitalization (12-Nov-2020)

108.5m

Closing stock price (12-Nov-2020)

54.4

Cash (30-Jun-2020)

4.5m

EV

212.2m
PrimeEnergy's current market capitalization is $108.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

127.1m121.0m125.1m144.6m79.1m56.8m89.3m118.1m104.8m

Revenue growth, %

16%(45%)(28%)

Cost of goods sold

17.2m17.6m15.4m

Gross profit

109.8m103.4m89.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

35.5m46.1m26.7m37.4m26.3m27.0m37.3m30.0m30.4m29.3m40.7m22.8m19.5m21.5m13.2m14.1m16.5m20.5m21.5m17.2m28.5m22.4m29.4m24.4m31.5m28.2m26.1m7.3m

Cost of goods sold

4.2m4.4m4.4m4.4m4.3m4.5m5.2m5.5m5.5m5.0m5.1m4.5m4.0m4.0m3.5m1.9m

Gross profit

31.3m41.7m22.3m33.1m22.0m22.4m32.1m24.5m24.9m24.3m35.6m18.3m27.6m24.2m22.6m5.4m

Gross profit Margin, %

88%90%84%88%84%83%86%82%82%83%87%80%87%86%86%74%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

8.7m8.6m9.5m9.2m9.8m6.6m8.4m6.3m1.0m

Accounts Receivable

16.5m13.2m17.7m12.3m9.5m7.4m17.0m15.0m14.4m

Prepaid Expenses

7.5m1.7m1.2m877.0k619.0k756.0k640.0k625.0k

Current Assets

39.5m30.5m32.7m43.8m24.2m18.1m26.6m23.7m16.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

14.5m13.0m12.9m8.7m10.6m8.0m9.3m11.5m10.5m10.3m9.2m5.7m6.1m5.5m13.5m18.6m5.4m12.0m7.7m9.9m8.4m5.4m7.7m8.3m2.8m4.4m6.2m4.5m

Accounts Receivable

13.0m12.7m14.3m20.0m18.2m13.6m17.9m17.7m17.9m15.9m16.6m11.6m12.3m11.6m9.6m7.0m7.5m8.6m9.7m10.3m12.6m13.8m14.8m21.9m16.8m17.7m9.7m9.0m

Prepaid Expenses

1.9m6.1m8.8m4.3m3.5m2.7m3.4m3.0m2.8m2.9m4.1m948.0k1.2m1.1m608.0k799.0k886.0k724.0k1.7m1.1m1.0m611.0k856.0k585.0k485.0k383.0k625.0k686.0k

Inventories

630.0k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.8m15.1m13.4m29.1m(13.1m)5.4m47.4m14.7m3.7m

Depreciation and Amortization

48.4m23.3m21.9m25.9m31.6m30.2m36.1m37.7m36.2m

Inventories

338.0k(2.0k)91.0k24.0k64.0k61.0k(9.0k)11.0k

Accounts Payable

(3.8m)(9.5m)(712.0k)534.0k(3.5m)(390.0k)12.7m(15.1m)(2.9m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

821.0k5.1m1.3m9.2m10.1m2.3m8.4m11.5m3.8m7.5m18.8m(218.0k)(2.1m)(2.9m)(1.2m)3.1m7.8m28.0m28.2m26.3m3.3m2.7m7.0m(3.0m)2.8m5.3m(204.0k)(7.0m)

Depreciation and Amortization

18.0m40.9m6.8m14.0m19.8m4.9m11.2m16.3m5.4m11.0m16.7m5.5m11.1m16.8m5.3m11.6m18.9m7.9m16.0m23.8m7.9m15.8m23.7m9.3m18.6m27.8m8.2m15.1m

Inventories

70.0k

Accounts Payable

(3.1m)(8.1m)(5.4m)1.8m(3.7m)2.2m(1.1m)(362.0k)1.1m(874.0k)203.0k(1.2m)(2.3m)(4.9m)(2.8m)(3.6m)(2.5m)(871.0k)(2.6m)1.3m(13.5m)(12.0m)(14.0m)6.4m3.9m(101.0k)3.1m2.1m
USDQ2, 2011

Debt/Equity

2.1 x

Debt/Assets

0.4 x

Financial Leverage

5.6 x
Show all financial metrics

PrimeEnergy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

PrimeEnergy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

PrimeEnergy Online and Social Media Presence

Embed Graph

PrimeEnergy Frequently Asked Questions

  • When was PrimeEnergy founded?

    PrimeEnergy was founded in 1973.

  • How many employees does PrimeEnergy have?

    PrimeEnergy has 156 employees.

  • What is PrimeEnergy revenue?

    Latest PrimeEnergy annual revenue is $104.8 m.

  • What is PrimeEnergy revenue per employee?

    Latest PrimeEnergy revenue per employee is $671.9 k.

  • Who are PrimeEnergy competitors?

    Competitors of PrimeEnergy include Mesa Natural Gas Solutions, Sandridge Energy and Centennial Resource Development.

  • Where is PrimeEnergy headquarters?

    PrimeEnergy headquarters is located at 9821 Katy Fwy, Houston.

  • Where are PrimeEnergy offices?

    PrimeEnergy has an office in Houston.

  • How many offices does PrimeEnergy have?

    PrimeEnergy has 1 office.