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PNRG

PrimeEnergy Resources Corporation

PNRG

PrimeEnergy Resources Corporation • NASDAQ
$183.61 ▲ 5.39% (+9.39)
Market Cap $302.77 M
52w High $243.49
52w Low $126.40
Dividend Yield 0%
P/E 17.57
Volume 40.22K
Outstanding Shares 1.65M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $44.664M ▲ $3.039M ▲ $10.563M ▲ 23.65% ▲ $6.41 ▲ $28.048M ▲
Q2-2025 $41.813M ▼ $2.971M ▲ $3.228M ▼ 7.72% ▼ $1.94 ▼ $25.825M ▼
Q1-2025 $49.369M ▼ $2.903M ▼ $9.134M ▲ 18.501% ▲ $5.4 ▲ $32.504M ▼
Q4-2024 $60.207M ▼ $8.02M ▲ $2.277M ▼ 3.782% ▼ $1.33 ▼ $35.642M ▼
Q3-2024 $66.665M $3.943M $22.076M 33.115% $12.63 $46.881M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.689M ▲ $332.018M ▼ $118.233M ▼ $213.785M ▲
Q2-2025 $2.364M ▲ $343.026M ▲ $137.777M ▲ $205.249M ▲
Q1-2025 $2.099M ▼ $339.333M ▲ $134.369M ▲ $204.964M ▲
Q4-2024 $2.549M ▲ $324.622M ▼ $121.697M ▼ $202.925M ▼
Q3-2024 $1.582M $345.588M $141.75M $203.838M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $10.563M ▲ $54.679M ▲ $-39.327M ▼ $-14.027M ▼ $1.325M ▲ $15.352M ▲
Q2-2025 $3.228M ▼ $-8.323M ▼ $6.031M ▲ $2.557M ▲ $265K ▲ $-2.292M ▼
Q1-2025 $9.134M ▲ $38.186M ▲ $-34.041M ▼ $-4.595M ▼ $-450K ▼ $3.526M ▲
Q4-2024 $2.277M ▼ $23.907M ▼ $-20.75M ▲ $-2.19M ▼ $967K ▲ $3.063M ▲
Q3-2024 $22.076M $39.592M $-38.492M $-1.533M $-433K $-2.417M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Natural Gas Liquid
Natural Gas Liquid
 $0 ▲$10.00M ▲$10.00M ▲$10.00M ▲
Natural Gas Production
Natural Gas Production
 $0 ▲$10.00M ▲$0 ▼$0 ▲
Oil and Gas Service
Oil and Gas Service
 $0 ▲$0 ▲$0 ▲$0 ▲
Oil Sales
Oil Sales
 $50.00M ▲$30.00M ▼$30.00M ▲$30.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully over the past five years, with a particularly strong step-up most recently. Profitability has improved from roughly breakeven earlier in the period to solid, recurring operating and net profits in the last three years. Earnings per share have been volatile, which is typical for an oil and gas producer exposed to commodity price swings, but the overall direction is upward with the latest year standing out as especially strong. The business appears to have shifted from survival and stabilization to active profit generation and growth.

Balance Sheet

Balance Sheet The balance sheet has steadily strengthened. Total assets have risen as the company has invested in its fields and infrastructure, while shareholder equity has grown, signaling retained earnings and a thicker capital cushion. Debt has been reduced to negligible levels, which lowers financial risk and interest burdens. Cash levels move around, but the overall picture is of a company funding growth while maintaining a conservative, relatively clean balance sheet.

Cash Flow

Cash Flow Cash flow from operations has increased significantly, showing that the core business is generating healthy cash. At the same time, the company is pouring most of that cash back into the ground through high capital spending on new wells and development. As a result, free cash flow has been close to flat in recent years. This points to a deliberate “reinvest for growth” phase: the company appears to be self-funding an aggressive drilling and development program rather than prioritizing excess cash build-up.

Competitive Edge

Competitive Edge PrimeEnergy operates in attractive, established basins, especially the Permian, where it can lean on well-known geology and existing infrastructure. Its edge comes from strong cost discipline, efficient drilling and completion work, and a focus on squeezing more production from existing assets using enhanced recovery methods. The integrated service arm adds flexibility and a modest diversification of revenue, as well as better control over field operations. However, the company still faces the usual challenges of its industry: sensitivity to oil and gas prices, competition from much larger producers, and long-term uncertainty around fossil fuel demand and regulation.

Innovation and R&D

Innovation and R&D The company is not a classic lab-driven R&D story; instead, its innovation is practical and field-based. It focuses on applying advanced drilling (especially horizontal wells), modern completion techniques, and real-time monitoring to boost recovery and cut costs. Recent investments in technology have reportedly improved efficiency and reduced operating expenses, suggesting that these efforts are paying off. Looking ahead, the strategy centers on expanding horizontal drilling programs and selectively exploring renewables like solar and wind, which could gradually diversify the business but are still in early, unproven stages for the company.

Summary

PrimeEnergy today looks like a disciplined, mid-sized energy producer that has moved from a fragile position during the pandemic to a more robust and profitable footing. Revenue and earnings have grown, the balance sheet has been de-risked with very low debt, and the business is generating enough cash to fund an ambitious drilling program. Its strengths lie in operational execution, cost control, and a focused asset base in proven basins, supported by an in-house service arm. The main trade-offs are exposure to commodity cycles, heavy current reinvestment that suppresses free cash flow, and long-term questions around the pace of the energy transition and the success of its early steps into renewables.

NEWS

November 19, 2025 · 4:18 PM UTC

PRIMEENERGY RESOURCES CORPORATION (PNRG) ANNOUNCES THIRD QUARTER RESULTS

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October 14, 2025 · 6:00 PM UTC

Pan American Closes LIFE Offering and Concurrent Private Placement Offering

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September 10, 2025 · 1:17 PM UTC

PrimeEnergy Resources Corporation Recognized Nationally and Locally for Outstanding Performance

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September 9, 2025 · 6:05 PM UTC

PrimeEnergy Resources Corporation Recognized Nationally and Locally for Outstanding Performance

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