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PrimeEnergy Resources (PrimeEnergy Resources) Cyclically Adjusted FCF per Share : $0.54 (As of Mar. 2024)


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What is PrimeEnergy Resources Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

PrimeEnergy Resources's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-4.245. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PrimeEnergy Resources's average Cyclically Adjusted FCF Growth Rate was -59.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of PrimeEnergy Resources was 59.50% per year. The lowest was -160.40% per year. And the median was -1.40% per year.

As of today (2024-06-07), PrimeEnergy Resources's current stock price is $105.8801. PrimeEnergy Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.54. PrimeEnergy Resources's Cyclically Adjusted Price-to-FCF of today is 196.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PrimeEnergy Resources was 600.00. The lowest was 17.24. And the median was 92.82.


PrimeEnergy Resources Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PrimeEnergy Resources's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

PrimeEnergy Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -1.34 -1.06 1.29 1.08

PrimeEnergy Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 0.80 1.14 1.08 0.54

Competitive Comparison of PrimeEnergy Resources's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, PrimeEnergy Resources's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

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

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



PrimeEnergy Resources Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PrimeEnergy Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-4.245/131.7762*131.7762
=-4.245

Current CPI (Mar. 2024) = 131.7762.

PrimeEnergy Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.625 100.560 2.129
201409 3.441 100.428 4.515
201412 -0.528 99.070 -0.702
201503 -1.043 99.621 -1.380
201506 1.685 100.684 2.205
201509 0.839 100.392 1.101
201512 1.746 99.792 2.306
201603 -2.220 100.470 -2.912
201606 -0.182 101.688 -0.236
201609 0.187 101.861 0.242
201612 -1.017 101.863 -1.316
201703 -0.737 102.862 -0.944
201706 -4.643 103.349 -5.920
201709 -1.236 104.136 -1.564
201712 -0.212 104.011 -0.269
201803 -4.257 105.290 -5.328
201806 0.498 106.317 0.617
201809 2.656 106.507 3.286
201812 -1.511 105.998 -1.878
201903 -2.680 107.251 -3.293
201906 2.793 108.070 3.406
201909 1.107 108.329 1.347
201912 1.340 108.420 1.629
202003 2.906 108.902 3.516
202006 -1.524 108.767 -1.846
202009 0.724 109.815 0.869
202012 0.556 109.897 0.667
202103 2.042 111.754 2.408
202106 1.817 114.631 2.089
202109 -0.086 115.734 -0.098
202112 0.185 117.630 0.207
202203 2.766 121.301 3.005
202206 6.410 125.017 6.757
202209 5.307 125.227 5.585
202212 -8.301 125.222 -8.735
202303 0.184 127.348 0.190
202306 -4.566 128.729 -4.674
202309 5.875 129.860 5.962
202312 -3.261 129.419 -3.320
202403 -4.245 131.776 -4.245

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


PrimeEnergy Resources  (NAS:PNRG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PrimeEnergy Resources's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=105.8801/0.54
=196.07

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PrimeEnergy Resources was 600.00. The lowest was 17.24. And the median was 92.82.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


PrimeEnergy Resources Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of PrimeEnergy Resources's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PrimeEnergy Resources (PrimeEnergy Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9821 Katy Freeway, Houston, TX, USA, 77024
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

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