Comparing Primeenergy Resources (PNRG) & Ultra Petroleum (UPL)

Primeenergy Resources (NASDAQ:PNRG) and Ultra Petroleum (NASDAQ:UPL) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Primeenergy Resources and Ultra Petroleum, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Primeenergy Resources 0 0 0 0 N/A
Ultra Petroleum 1 2 0 0 1.67

Ultra Petroleum has a consensus target price of $1.00, indicating a potential upside of 122.22%. Given Ultra Petroleum’s higher probable upside, analysts plainly believe Ultra Petroleum is more favorable than Primeenergy Resources.

Valuation & Earnings

This table compares Primeenergy Resources and Ultra Petroleum’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Primeenergy Resources $118.10 million 2.41 $14.53 million N/A N/A
Ultra Petroleum $892.50 million 0.10 $85.21 million $0.76 0.59

Ultra Petroleum has higher revenue and earnings than Primeenergy Resources.

Profitability

This table compares Primeenergy Resources and Ultra Petroleum’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Primeenergy Resources 12.27% 14.04% 5.85%
Ultra Petroleum 9.55% -13.76% 9.07%

Insider & Institutional Ownership

2.0% of Primeenergy Resources shares are held by institutional investors. Comparatively, 75.4% of Ultra Petroleum shares are held by institutional investors. 71.2% of Primeenergy Resources shares are held by company insiders. Comparatively, 1.8% of Ultra Petroleum shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

Primeenergy Resources has a beta of 0.61, suggesting that its stock price is 39% less volatile than the S&P 500. Comparatively, Ultra Petroleum has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

Summary

Ultra Petroleum beats Primeenergy Resources on 6 of the 11 factors compared between the two stocks.

Primeenergy Resources Company Profile

PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, 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. The company operates approximately 1,500 active wells and owns non-operating interests in approximately 400 additional wells primarily in Oklahoma, Texas, and West Virginia. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was founded in 1973 and is based in Houston, Texas.

Ultra Petroleum Company Profile

Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming—the Pinedale and Jonah fields. As of December 31, 2018, the company owned interests in approximately 114,000 gross acres in Wyoming. The company was founded in 1979 and is headquartered in Englewood, Colorado.

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