See more : Cheerwin Group Limited (6601.HK) Income Statement Analysis – Financial Results
Complete financial analysis of PrimeEnergy Resources Corporation (PNRG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of PrimeEnergy Resources Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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PrimeEnergy Resources Corporation (PNRG)
About PrimeEnergy Resources Corporation
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 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 123.13M | 125.09M | 79.61M | 58.42M | 104.82M | 118.10M | 89.31M | 56.77M | 79.11M | 144.58M | 125.07M | 120.98M | 120.39M | 116.80M | 89.99M | 169.34M | 146.46M | 92.42M | 75.95M | 62.43M | 48.43M | 35.39M | 41.91M | 38.78M | 25.16M | 24.30M | 28.60M | 23.10M | 18.10M | 17.00M | 17.20M | 16.90M | 11.00M | 9.70M | 5.80M | 1.80M | 1.90M | 1.90M | 3.70M |
| Cost of Revenue | 81.72M | 76.98M | 65.71M | 60.21M | 85.06M | 87.20M | 78.94M | 70.27M | 84.40M | 91.02M | 86.70M | 80.71M | 54.14M | 49.30M | 48.10M | 62.57M | 49.12M | 38.00M | 32.03M | 31.38M | 28.08M | 24.12M | 24.45M | 21.21M | 14.90M | 15.70M | 16.90M | 13.10M | 10.80M | 10.00M | 9.60M | 7.60M | 4.50M | 3.90M | 4.10M | 1.40M | 1.70M | 1.30M | 1.80M |
| Gross Profit | 41.40M | 48.11M | 13.90M | -1.79M | 19.76M | 30.90M | 10.37M | -13.50M | -5.29M | 53.56M | 38.37M | 40.27M | 66.25M | 67.50M | 41.89M | 106.77M | 97.34M | 54.42M | 43.92M | 31.05M | 20.35M | 11.26M | 17.46M | 17.58M | 10.27M | 8.60M | 11.70M | 10.00M | 7.30M | 7.00M | 7.60M | 9.30M | 6.50M | 5.80M | 1.70M | 400.00K | 200.00K | 600.00K | 1.90M |
| Gross Profit Ratio | 33.63% | 38.46% | 17.46% | -3.06% | 18.85% | 26.16% | 11.61% | -23.78% | -6.69% | 37.04% | 30.68% | 33.28% | 55.03% | 57.79% | 46.55% | 63.05% | 66.46% | 58.89% | 57.83% | 49.74% | 42.01% | 31.83% | 41.66% | 45.32% | 40.80% | 35.39% | 40.91% | 43.29% | 40.33% | 41.18% | 44.19% | 55.03% | 59.09% | 59.79% | 29.31% | 22.22% | 10.53% | 31.58% | 51.35% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 15.65M | 20.23M | 10.43M | 15.03M | 15.64M | 13.55M | 9.65M | 7.85M | 12.27M | 14.46M | 16.66M | 15.87M | 23.58M | 13.46M | 11.86M | 14.51M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 15.65M | 20.23M | 10.43M | 15.03M | 15.64M | 13.55M | 9.65M | 7.85M | 12.27M | 14.46M | 16.66M | 15.87M | 14.89M | 13.46M | 11.86M | 14.51M | 11.84M | 12.40M | 10.49M | 7.54M | 5.14M | 4.89M | 5.57M | 4.33M | 5.85M | 2.90M | 3.00M | 3.30M | 2.90M | 3.50M | 4.00M | 4.60M | 4.70M | 4.20M | 0.00 | 0.00 | 0.00 | 900.00K | 1.20M |
| Other Expenses | 0.00 | 17.58M | 12.77M | 3.84M | 12.16M | 15.73M | 15.08M | 13.13M | 14.65M | -1.80M | 48.00K | 10.00K | 48.44M | 45.82M | 57.68M | 78.52M | 63.89M | 14.44M | 11.27M | 13.29M | 7.16M | 4.09M | 4.92M | 6.00M | 5.53M | 7.00M | 6.80M | 5.00M | 3.20M | 2.50M | 2.80M | 3.20M | 1.00M | 800.00K | 600.00K | 700.00K | 700.00K | 900.00K | 1.10M |
| Operating Expenses | 15.65M | 20.23M | 10.43M | 15.03M | 15.64M | 13.55M | 9.65M | 7.85M | 12.27M | 12.66M | 16.71M | 15.88M | 63.33M | 59.28M | 69.54M | 93.03M | 75.73M | 26.84M | 21.77M | 20.83M | 12.30M | 8.98M | 10.49M | 10.33M | 11.38M | 9.90M | 9.80M | 8.30M | 6.10M | 6.00M | 6.80M | 7.80M | 5.70M | 5.00M | 600.00K | 700.00K | 700.00K | 1.80M | 2.30M |
| Cost & Expenses | 98.05M | 97.21M | 76.14M | 75.24M | 100.70M | 100.75M | 88.58M | 78.12M | 96.67M | 103.68M | 103.40M | 96.59M | 117.47M | 108.58M | 117.64M | 155.60M | 124.85M | 64.84M | 53.80M | 52.21M | 40.38M | 33.11M | 34.94M | 31.53M | 26.28M | 25.60M | 26.70M | 21.40M | 16.90M | 16.00M | 16.40M | 15.40M | 10.20M | 8.90M | 4.70M | 2.10M | 2.40M | 3.10M | 4.10M |
| Interest Income | 417.00K | 237.00K | 2.01M | 2.00K | 19.00K | 44.00K | 7.00K | 1.00K | 2.00K | 0.00 | 2.00K | 91.00K | 446.00K | 621.00K | 52.00K | 381.00K | 697.00K | 472.00K | 0.00 | 179.00K | 46.00K | 52.00K | 138.00K | 169.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 535.00K | 909.00K | 2.01M | 1.90M | 3.64M | 3.41M | 2.31M | 3.51M | 3.63M | 4.02M | 4.22M | 3.58M | 3.71M | 6.65M | 7.37M | 7.97M | 11.06M | 2.09M | 1.53M | 1.14M | 880.00K | 766.00K | 895.00K | 1.50M | 0.00 | 1.30M | 0.00 | 1.00M | 700.00K | 500.00K | 400.00K | 500.00K | 300.00K | 300.00K | 200.00K | 0.00 | 0.00 | 200.00K | 200.00K |
| Depreciation & Amortization | 31.66M | 28.07M | 26.33M | 28.18M | 36.16M | 37.73M | 36.07M | 30.17M | 31.55M | 25.86M | 21.86M | 23.27M | 48.40M | 45.69M | 55.74M | 77.87M | 64.49M | 14.44M | 11.27M | 12.16M | 7.53M | 5.23M | 5.60M | 6.00M | 5.53M | 7.00M | 6.80M | 5.00M | 3.20M | 2.50M | 2.80M | 3.20M | 1.00M | 800.00K | 600.00K | 700.00K | 700.00K | 900.00K | 1.10M |
| EBITDA | 66.42M | 56.18M | 29.80M | 27.20M | 40.28M | 55.08M | 36.79M | 8.82M | 15.10M | 72.88M | 43.52M | 48.48M | 60.06M | 57.28M | 28.14M | 92.82M | 86.09M | 44.68M | 33.43M | 23.52M | 16.45M | 7.40M | 12.57M | 13.25M | 4.41M | 5.70M | 8.59M | 6.70M | 4.40M | 3.50M | 3.60M | 4.70M | 1.80M | 1.60M | 1.70M | 400.00K | 200.00K | -300.00K | 700.00K |
| EBITDA Ratio | 53.94% | 44.91% | 37.43% | 19.45% | 38.44% | 46.67% | 41.21% | 15.55% | 17.69% | 46.18% | 34.80% | 39.47% | 44.33% | 46.68% | 31.27% | 50.83% | 58.10% | 42.20% | 17.24% | 35.73% | 31.56% | 20.06% | 28.73% | 33.50% | 16.66% | 20.58% | 29.02% | 27.27% | 23.76% | 20.59% | 20.93% | 26.63% | 14.55% | 4.12% | 24.14% | 22.22% | 36.84% | -21.05% | 18.92% |
| Operating Income | 25.07M | 28.11M | 3.48M | -16.81M | 4.14M | 21.01M | 41.98M | 11.03M | -16.17M | 47.01M | 24.48M | 25.12M | 11.22M | 11.32M | -27.65M | 14.13M | 21.60M | 27.58M | 22.15M | 10.22M | 8.05M | 2.17M | 6.97M | 7.25M | -1.12M | -1.30M | 1.90M | 1.70M | 1.20M | 1.00M | 800.00K | 1.50M | 800.00K | 800.00K | 1.10M | -300.00K | -500.00K | -1.20M | -400.00K |
| Operating Income Ratio | 20.36% | 22.47% | 4.37% | -28.78% | 3.95% | 17.79% | 47.01% | 19.43% | -20.44% | 32.52% | 19.57% | 20.76% | 9.32% | 9.69% | -30.72% | 8.34% | 14.75% | 29.85% | 29.17% | 16.38% | 16.62% | 6.13% | 16.63% | 18.69% | -4.44% | -5.35% | 6.64% | 7.36% | 6.63% | 5.88% | 4.65% | 8.88% | 7.27% | 8.25% | 18.97% | -16.67% | -26.32% | -63.16% | -10.81% |
| Total Other Income/Expenses | 9.15M | -39.13M | -314.00K | -1.90M | -3.62M | -3.37M | -2.30M | -3.51M | -3.63M | -4.02M | -4.22M | -3.49M | -3.27M | -6.03M | -7.32M | -7.59M | -10.37M | 926.00K | 18.80M | 75.00K | -779.00K | 32.00K | 166.00K | -1.07M | -992.00K | -600.00K | -692.00K | -700.00K | -600.00K | -300.00K | 0.00 | -200.00K | -100.00K | 1.00M | 0.00 | 400.00K | -500.00K | 100.00K | 0.00 |
| Income Before Tax | 34.22M | 58.99M | 4.64M | -2.88M | 5.08M | 17.64M | 39.68M | 7.52M | -19.80M | 42.99M | 20.26M | 21.63M | 7.95M | 5.29M | -34.97M | 600.00K | 11.24M | 28.51M | 40.95M | 10.30M | 8.15M | 2.20M | 7.13M | 6.18M | -2.11M | -1.90M | 1.10M | 1.00M | 600.00K | 700.00K | 0.00 | 1.30M | 700.00K | 1.80M | 1.10M | 100.00K | -1.00M | -1.10M | 0.00 |
| Income Before Tax Ratio | 27.79% | 47.16% | 5.83% | -4.93% | 4.85% | 14.94% | 44.43% | 13.25% | -25.03% | 29.74% | 16.20% | 17.88% | 6.60% | 4.53% | -38.86% | 0.35% | 7.67% | 30.85% | 53.93% | 16.50% | 16.82% | 6.22% | 17.02% | 15.92% | -8.38% | -7.82% | 3.85% | 4.33% | 3.31% | 4.12% | 0.00% | 7.69% | 6.36% | 18.56% | 18.97% | 5.56% | -52.63% | -57.89% | 0.00% |
| Income Tax Expense | 6.12M | 10.33M | 2.52M | -517.00K | 1.42M | 2.98M | -7.75M | 2.10M | -6.65M | 13.84M | 6.82M | 6.86M | 1.28M | 1.00M | -12.31M | 59.00K | 3.65M | 10.21M | 15.00M | 3.02M | 2.45M | 443.00K | 1.72M | 811.00K | 30.00K | -200.00K | 100.00K | 100.00K | 100.00K | 100.00K | 400.00K | 100.00K | 100.00K | 500.00K | 100.00K | 100.00K | 700.00K | 100.00K | 200.00K |
| Net Income | 28.10M | 48.66M | 2.10M | -2.36M | 3.48M | 14.53M | 42.00M | 3.44M | -12.78M | 27.05M | 12.27M | 15.06M | 4.81M | 2.75M | -23.68M | 541.00K | 7.59M | 18.30M | 25.96M | 7.28M | 5.70M | 1.76M | 5.41M | 5.37M | -2.14M | -1.70M | 1.00M | 900.00K | 500.00K | 600.00K | 400.00K | 1.20M | 600.00K | 1.30M | 1.00M | 0.00 | -1.20M | -1.30M | -600.00K |
| Net Income Ratio | 22.82% | 38.90% | 2.64% | -4.04% | 3.32% | 12.30% | 47.02% | 6.07% | -16.16% | 18.71% | 9.81% | 12.45% | 4.00% | 2.36% | -26.31% | 0.32% | 5.18% | 19.80% | 34.18% | 11.65% | 11.77% | 4.97% | 12.92% | 13.83% | -8.50% | -7.00% | 3.50% | 3.90% | 2.76% | 3.53% | 2.33% | 7.10% | 5.45% | 13.40% | 17.24% | 0.00% | -63.16% | -68.42% | -16.22% |
| EPS | 15.19 | 24.91 | 1.05 | -1.18 | 1.72 | 5.11 | 18.99 | 1.50 | -5.53 | 11.45 | 5.04 | 5.74 | 1.75 | 0.94 | -7.79 | 0.18 | 2.50 | 5.52 | 7.64 | 2.04 | 1.56 | 0.47 | 1.39 | 1.26 | -0.48 | -0.38 | 0.22 | 0.17 | 0.09 | 0.09 | 0.06 | 0.18 | 0.09 | 0.17 | 0.15 | 0.01 | -0.21 | -0.49 | -0.25 |
| EPS Diluted | 10.77 | 17.95 | 0.76 | -1.18 | 1.25 | 5.11 | 14.18 | 1.13 | -5.53 | 8.68 | 3.86 | 4.48 | 1.38 | 0.75 | -7.79 | 0.14 | 2.02 | 4.50 | 6.27 | 1.70 | 1.31 | 0.40 | 1.18 | 1.08 | -0.48 | -0.38 | 0.19 | 0.17 | 0.09 | 0.09 | 0.06 | 0.18 | 0.09 | 0.17 | 0.15 | 0.01 | -0.21 | -0.49 | -0.25 |
| Weighted Avg Shares Out | 1.85M | 1.95M | 1.99M | 1.99M | 2.02M | 2.84M | 2.21M | 2.29M | 2.31M | 2.36M | 2.44M | 2.62M | 2.75M | 2.93M | 3.04M | 3.06M | 3.17M | 3.32M | 3.40M | 3.57M | 3.66M | 3.74M | 3.89M | 4.26M | 4.45M | 4.47M | 4.55M | 5.58M | 5.98M | 6.67M | 6.67M | 6.67M | 6.67M | 7.65M | 6.67M | 5.64M | 5.72M | 2.65M | 2.40M |
| Weighted Avg Shares Out (Dil) | 2.61M | 2.71M | 2.74M | 1.99M | 2.78M | 2.84M | 2.96M | 3.05M | 2.31M | 3.12M | 3.18M | 3.36M | 3.48M | 3.66M | 3.04M | 3.82M | 3.93M | 4.07M | 4.14M | 4.28M | 4.35M | 4.39M | 4.59M | 4.97M | 4.45M | 4.47M | 5.26M | 5.71M | 6.25M | 6.67M | 6.67M | 6.67M | 6.67M | 7.65M | 6.67M | 5.64M | 5.72M | 2.65M | 2.40M |
CORRECTING and REPLACING PrimeEnergy Resources Corporation Announces Second Quarter Results
HOUSTON--(BUSINESS WIRE)--In column "2022" of table "Six Months Ended June 30" of release dated August, 14, 2023, the figure for "Barrels of Oil Produced" should read 508,000 (instead of 165,000) and the figure for "Average Price Received" should read $102.64...
PrimeEnergy Resources Corporation Announces Second Quarter Results
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today net income of $10.0 million for the quarter, and $11.5 million for the six months, ended June 30, 2023. This represents $3.82 and $4.37 per share, on a fully diluted basis, for...
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PrimeEnergy Resources Corporation Announces Second Quarter Results
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today the following unaudited results for the periods ended June 30, 2021 and 2020: Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Revenues................................ $ 13,663,000 $ 7,278,000...
PrimeEnergy Corporation Announces First Quarter Results
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Corporation (NASDAQ: PNRG) announced today the following unaudited results for the quarters ended March 31, 2021 and 2020: Three Months Ended March 31, 2021 2020 Revenues (In 000’s) $ 14,792 $ 26,108 Net Loss (In 000’s) $ (1,455...
PrimeEnergy Resources Corporation Announces Receipt of Determination Letter from Nasdaq
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (Nasdaq: PNRG), announces that on April 19, 2021, PrimeEnergy Resources Corporation (the "Company") received a determination letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in...
PrimeEnergy Resources Corporation (PNRG) Announces Yearend Production and Financial Results
HOUSTON--(BUSINESS WIRE)--Oil and gas production and the average prices received (excluding gains and losses from derivatives) for the years ended December 31, 2020 and 2019, were as follows: 2020 2019 Increase/ Decrease Increase/...
PrimeEnergy Resources Corporation Announces Third Quarter Results
HOUSTON--(BUSINESS WIRE)--PrimeEnergy Resources Corporation (NASDAQ: PNRG) announced today the following unaudited results for the periods ended September 30, 2020 and 2019: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 Revenues $ 11,792,000 $ 28,182,000...
Source: https://incomestatements.info
Category: Stock Reports