PrimeEnergy Resources (PrimeEnergy Resources) Intrinsic Value: Projected FCF : $65.60 (As of May. 01, 2024)

View and export this data going back to 1995. Start your Free Trial

What is PrimeEnergy Resources Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-01), PrimeEnergy Resources's Intrinsic Value: Projected FCF is $65.60. The stock price of PrimeEnergy Resources is $102.46. Therefore, PrimeEnergy Resources's Price-to-Intrinsic-Value-Projected-FCF of today is 1.6.

The historical rank and industry rank for PrimeEnergy Resources's Intrinsic Value: Projected FCF or its related term are showing as below:

PNRG' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.44 Med: 1.82 Max: 6.78
Current: 1.56

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of PrimeEnergy Resources was 6.78. The lowest was 1.44. And the median was 1.82.

PNRG's Price-to-Projected-FCF is ranked worse than
76.63% of 676 companies
in the Oil & Gas industry
Industry Median: 0.85 vs PNRG: 1.56

PrimeEnergy Resources Intrinsic Value: Projected FCF Historical Data

The historical data trend for PrimeEnergy Resources's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PrimeEnergy Resources Intrinsic Value: Projected FCF Chart

PrimeEnergy Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intrinsic Value: Projected FCF

Get a 7-Day Free Trial

22.30

25.93

31.70

47.62

65.60

PrimeEnergy Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Intrinsic Value: Projected FCF	Get a 7-Day Free Trial															47.62	49.66	46.32	67.13	65.60

Competitive Comparison of PrimeEnergy Resources's Intrinsic Value: Projected FCF

For the Oil & Gas E&P subindustry, PrimeEnergy Resources's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PrimeEnergy Resources's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrimeEnergy Resources's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where PrimeEnergy Resources's Price-to-Projected-FCF falls into.

PrimeEnergy Resources Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)

Add all the Free Cash Flow together and divide 6 will get PrimeEnergy Resources's Free Cash Flow(6 year avg) = $4.27.

PrimeEnergy Resources's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF	=	(Growth Multiple	*	Free Cash Flow (6 year avg)	+	Total Stockholders Equity (Dec23)	*	0.8)	/	Shares Outstanding (Diluted Average)
	=	(9.5203515959648	*	4.26784	+	160.95	*	0.8)	/	2.582
	=	65.60

PrimeEnergy Resources (NAS:PNRG) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

PrimeEnergy Resources's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF	=	Share Price	/	Intrinsic Value: Projected FCF
	=	102.46	/	65.60470075729
	=	1.56

PrimeEnergy Resources Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of PrimeEnergy Resources's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.

PrimeEnergy Resources (PrimeEnergy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrimeEnergy Resources Corp (NAS:PNRG) » Definitions » Intrinsic Value: Projected FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

9821 Katy Freeway, Houston, TX, USA, 77024

Website

http://www.primeenergy.com

PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and provide well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.

Executives

Rothschild Robert De	10 percent owner	1251 AVENUE OF THE AMERICAS 51ST FL, NEW YORK NY 10020
Clint Hurt	director	4015 HOLLAND #101, DALLAS TX 75219
Drimal Charles E Jr	director, 10 percent owner, officer: Chief Executive Officer	4015 HOLLAND #101, DALLAS TX 75219
Gaines Wehrle	director, 10 percent owner
Gifford Fong	director
Jan K Smeets	director	4015 HOLLAND #101, DALLAS TX 75219
Mcjunkin Red Man Holding Corp	10 percent owner	FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Mcjunkin Red Man Corp	10 percent owner	2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Rene Pierre Azria	10 percent owner	C/O JARDEN CORP, 555 THEODORE FREMD AVE, RYE NY 10580
Gimbel Thomas S T	director
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Gs Capital Partners Vi Gmbh & Co Kg	10 percent owner	200 WEST STREET, New York NY 10282
Gs Capital Partners Vi Parallel Lp	10 percent owner	85 Broad St, New York NY 10004
Gs Advisors Vi, L.l.c.	10 percent owner	1209 ORANGE STREET, WILMINGTON DE 19801