PrimeEnergy Resources (PNRG) Financials

$161.49 -5.68 (-3.40%)

Closing price 04:00 PM Eastern

Extended Trading

$160.92 -0.57 (-0.35%)

As of 04:05 PM Eastern

Annual Income Statements for PrimeEnergy Resources

This table shows PrimeEnergy Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	2.10	49	28	55
Consolidated Net Income / (Loss)	2.13	49	28	55
Net Income / (Loss) Continuing Operations	2.13	49	28	55
Total Pre-Tax Income	4.64	59	34	71
Total Operating Income	4.96	60	35	73
Total Gross Profit	63	114	112	225
Total Revenue	72	125	124	234
Operating Revenue	78	137	124	234
Other Revenue	-5.05	-12	0.41	0.00
Total Cost of Revenue	9.15	11	12	9.11
Operating Cost of Revenue	9.15	11	12	9.11
Total Operating Expenses	58	54	77	152
Selling, General & Admin Expense	9.08	20	16	19
Marketing Expense	-	7.11	7.11	12
Exploration Expense	-	31	32	48
Depreciation Expense	26	27	31	76
Other Operating Expenses / (Income)	24	0.67	0.68	0.73
Other Special Charges / (Income)	-1.48	-32	-8.85	-3.72
Total Other Income / (Expense), net	-0.31	-0.91	-0.54	-1.55
Interest & Investment Income	-2.01	-0.91	-0.54	-1.55
Income Tax Expense	2.52	10	6.12	16
Basic Earnings per Share	$1.05	$24.91	$15.19	$31.43
Weighted Average Basic Shares Outstanding	-	1.95M	1.85M	1.76M
Diluted Earnings per Share	$0.76	$17.95	$10.77	$21.95
Weighted Average Diluted Shares Outstanding	-	2.71M	2.61M	2.52M
Weighted Average Basic & Diluted Shares Outstanding	-	1.95M	1.85M	1.76M

This table shows PrimeEnergy Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	13	13	2.82	10	11	4.47	23	20	22	-9.04
Consolidated Net Income / (Loss)	13	13	2.82	10	11	4.47	23	20	22	-9.04
Net Income / (Loss) Continuing Operations	13	13	1.41	10	11	5.88	11	20	22	2.28
Total Pre-Tax Income	18	12	1.79	13	13	6.21	14	25	28	4.09
Total Operating Income	18	13	1.79	13	13	6.73	14	25	28	5.43
Total Gross Profit	30	29	20	26	32	34	40	62	64	59
Total Revenue	39	25	23	36	38	30	43	65	69	57
Operating Revenue	44	23	23	30	35	36	43	65	67	60
Total Cost of Revenue	9.15	-4.11	3.17	3.37	3.17	2.04	2.80	2.47	3.10	0.74
Operating Cost of Revenue	9.15	-4.11	3.17	3.37	3.17	2.04	2.80	2.47	3.10	0.74
Total Operating Expenses	12	16	18	13	19	27	26	37	36	53
Marketing Expense	2.20	-	8.57	3.71	4.16	-15	12	7.56	6.59	-14
Depreciation Expense	7.57	5.97	6.42	7.51	8.92	8.12	10	17	18	31
Other Operating Expenses / (Income)	0.16	-10	2.87	0.30	0.32	-2.67	3.34	0.41	0.59	-3.60
Total Other Income / (Expense), net	-0.25	-0.17	0.00	0.00	0.00	-0.52	0.00	0.00	0.00	-1.55
Income Tax Expense	4.88	-0.91	0.38	3.02	2.39	0.33	3.02	4.94	5.99	1.81
Basic Earnings per Share	$6.79	$6.93	$0.75	$5.35	$5.84	$3.25	$6.27	$11.08	$12.63	$1.45
Weighted Average Basic Shares Outstanding	1.94M	1.95M	1.89M	1.89M	1.83M	1.85M	1.81M	1.78M	1.75M	1.76M
Diluted Earnings per Share	$4.88	$4.98	$0.53	$3.82	$4.13	$2.29	$4.41	$7.77	$8.80	$0.97
Weighted Average Diluted Shares Outstanding	2.69M	2.71M	2.65M	2.64M	2.59M	2.61M	2.57M	2.54M	2.51M	2.52M
Weighted Average Basic & Diluted Shares Outstanding	1.92M	1.95M	1.85M	1.89M	1.83M	1.85M	1.78M	1.78M	1.75M	1.76M

This table details how cash moves in and out of PrimeEnergy Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	9.35	16	-15	-8.51
Net Cash From Operating Activities	29	33	109	116
Net Cash From Continuing Operating Activities	29	33	109	116
Net Income / (Loss) Continuing Operations	2.13	49	28	55
Consolidated Net Income / (Loss)	2.13	49	28	55
Depreciation Expense	26	27	31	76
Non-Cash Adjustments To Reconcile Net Income	1.49	-31	-8.73	-3.29
Changes in Operating Assets and Liabilities, net	-1.32	-12	59	-13
Net Cash From Investing Activities	-19	15	-106	-115
Net Cash From Continuing Investing Activities	-19	15	-106	-115
Acquisitions	-21	-16	-114	-119
Sale of Property, Plant & Equipment	1.48	31	8.08	4.25
Net Cash From Financing Activities	-0.02	-32	-19	-9.43
Net Cash From Continuing Financing Activities	-0.02	-32	-19	-9.43
Repayment of Debt	-10	-36	-11	-107
Repurchase of Common Equity	-0.82	-7.40	-7.51	-13
Issuance of Debt	11	11	0.00	111
Cash Interest Paid	1.96	0.84	0.57	1.03
Cash Income Taxes Paid	0.34	0.54	9.01	0.11

This table details how cash moves in and out of PrimeEnergy Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	13	2.48	-13	-8.67	15	-8.73	-9.31	0.27	-0.43	0.97
Net Cash From Operating Activities	20	-14	31	4.80	35	38	43	9.21	40	24
Net Cash From Continuing Operating Activities	20	-14	31	4.58	36	38	43	9.21	40	23
Net Income / (Loss) Continuing Operations	13	13	1.41	10	11	5.88	11	20	22	2.28
Consolidated Net Income / (Loss)	13	13	1.41	10	11	5.88	11	20	22	2.28
Depreciation Expense	7.53	6.02	6.42	7.51	8.92	8.12	10	17	18	31
Non-Cash Adjustments To Reconcile Net Income	-6.31	-15	4.65	-1.39	-11	-0.49	28	-17	-40	26
Changes in Operating Assets and Liabilities, net	5.50	-19	18	-12	26	25	-6.82	-10	40	-36
Net Cash From Investing Activities	-5.07	8.11	-30	-11	-19	-46	-54	-2.09	-38	-21
Net Cash From Continuing Investing Activities	-5.07	8.11	-30	-11	-19	-46	-54	-2.09	-38	-21
Acquisitions	-5.56	-8.00	-30	-17	-20	-47	-54	-2.29	-42	-21
Sale of Property, Plant & Equipment	0.49	16	0.44	6.02	0.98	0.65	0.43	0.21	3.52	0.09
Net Cash From Financing Activities	-1.81	8.59	-14	-2.62	-1.48	-0.96	1.15	-6.86	-1.53	-2.19
Net Cash From Continuing Financing Activities	-1.81	8.59	-14	-2.62	-1.48	-0.96	1.15	-6.86	-1.53	-2.19
Repayment of Debt	-	-	-11	-4.00	3.73	-0.02	-10	-21	-24	-52
Repurchase of Common Equity	-1.81	-2.41	-2.75	-2.62	-1.21	-0.93	-2.85	-2.86	-4.53	-3.19
Issuance of Debt	-	-	0.00	4.00	-4.00	-	14	17	27	53
Cash Interest Paid	0.23	0.13	0.17	0.17	0.11	0.12	0.17	0.22	0.39	0.25
Cash Income Taxes Paid	-0.01	0.48	0.00	9.00	0.29	-0.28	0.00	0.10	-	0.01

This table presents PrimeEnergy Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	211	247	289	325
Total Current Assets	25	72	32	28
Cash & Equivalents	10	27	11	2.55
Accounts Receivable	14	13	20	24
Prepaid Expenses	0.73	33	0.38	1.37
Other Current Assets	0.04	0.25	0.04	0.01
Plant, Property, & Equipment, net	185	174	256	296
Plant, Property & Equipment, gross	567	583	687	788
Accumulated Depreciation	382	409	431	492
Total Noncurrent Assets	0.92	0.99	0.67	0.52
Other Noncurrent Operating Assets	0.92	0.99	0.67	0.52
Total Liabilities & Shareholders' Equity	211	247	289	325
Total Liabilities	112	107	128	122
Total Current Liabilities	22	41	65	50
Accounts Payable	7.33	11	15	16
Accrued Expenses	7.82	26	49	33
Other Current Liabilities	6.57	3.76	0.77	0.23
Total Noncurrent Liabilities	90	66	63	72
Long-Term Debt	37	12	0.87	4.84
Asset Retirement Reserve & Litigation Obligation	13	14	15	14
Noncurrent Deferred & Payable Income Tax Liabilities	39	40	47	53
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	99	140	161	203
Total Preferred & Common Equity	99	140	161	203
Total Common Equity	99	140	161	203
Common Stock	7.84	7.84	7.84	7.84
Retained Earnings	129	178	206	261
Treasury Stock	-38	-45	-53	-66

This table presents PrimeEnergy Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	213	239	244	254	333	335	346
Total Current Assets	42	41	37	38	32	49	37
Cash & Equivalents	24	14	5.05	20	1.75	2.02	1.58
Accounts Receivable	17	12	27	17	30	45	34
Prepaid Expenses	0.78	16	5.27	0.41	0.79	1.40	1.13
Other Current Assets	0.35	0.04	0.04	0.04	0.04	0.01	0.01
Plant, Property, & Equipment, net	170	197	206	215	300	285	308
Plant, Property & Equipment, gross	573	612	628	638	741	741	769
Accumulated Depreciation	403	415	422	423	441	456	461
Total Noncurrent Assets	0.74	0.95	0.77	0.86	1.08	0.89	0.70
Other Noncurrent Operating Assets	0.74	0.95	0.77	0.86	1.08	0.89	0.70
Total Liabilities & Shareholders' Equity	213	239	244	254	333	335	346
Total Liabilities	84	100	97	98	163	148	142
Total Current Liabilities	22	44	40	42	88	81	68
Accounts Payable	6.28	16	17	12	12	20	42
Accrued Expenses	11	26	21	28	76	60	25
Other Current Liabilities	5.41	2.17	1.62	1.33	1.18	0.96	0.66
Total Noncurrent Liabilities	61	56	58	56	75	68	74
Long-Term Debt	1.32	1.99	1.25	1.04	4.83	0.83	3.83
Asset Retirement Reserve & Litigation Obligation	12	14	14	12	15	15	15
Noncurrent Deferred & Payable Income Tax Liabilities	48	40	43	43	56	52	55
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	129	139	146	156	169	186	204
Total Preferred & Common Equity	129	139	146	156	169	186	204
Total Common Equity	129	139	146	156	169	186	204
Common Stock	7.84	7.84	7.84	7.84	7.84	7.84	7.84
Retained Earnings	164	179	189	200	217	237	259
Treasury Stock	-43	-48	-50	-52	-55	-58	-63

This table displays calculated financial ratios and metrics derived from PrimeEnergy Resources' official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	24.03%	72.96%	-1.09%	88.84%
EBITDA Growth	15.01%	179.09%	-24.71%	127.00%
EBIT Growth	606.75%	1,108.68%	-41.98%	109.22%
NOPAT Growth	430.88%	2,077.00%	-42.24%	98.33%
Net Income Growth	189.97%	2,188.99%	-42.25%	97.15%
EPS Growth	165.52%	2,261.84%	-40.00%	103.81%
Operating Cash Flow Growth	74.72%	15.76%	229.08%	6.32%
Free Cash Flow Firm Growth	-34.64%	293.16%	-92.06%	-45.35%
Invested Capital Growth	-7.56%	-0.07%	19.51%	36.12%
Revenue Q/Q Growth	87.35%	-4.26%	4.62%	14.12%
EBITDA Q/Q Growth	69.12%	2.49%	-5.48%	16.58%
EBIT Q/Q Growth	196.31%	4.24%	-14.54%	-1.78%
NOPAT Q/Q Growth	163.01%	17.31%	-20.20%	-5.03%
Net Income Q/Q Growth	128.99%	14.71%	-24.08%	-19.61%
EPS Q/Q Growth	127.14%	10.53%	-19.99%	-5.67%
Operating Cash Flow Q/Q Growth	65.28%	-42.02%	92.93%	-11.04%
Free Cash Flow Firm Q/Q Growth	-35.77%	-7.20%	-23.87%	123.26%
Invested Capital Q/Q Growth	7.10%	18.29%	9.84%	-0.43%
Profitability Metrics	-	-	-	-
Gross Margin	87.37%	91.15%	90.53%	96.11%
EBITDA Margin	43.17%	69.66%	53.03%	63.75%
Operating Margin	6.84%	47.80%	28.04%	31.07%
EBIT Margin	6.84%	47.80%	28.04%	31.07%
Profit (Net Income) Margin	2.93%	38.83%	22.67%	23.67%
Tax Burden Percent	45.80%	82.49%	82.12%	77.84%
Interest Burden Percent	93.66%	98.48%	98.46%	97.87%
Effective Tax Rate	54.20%	17.51%	17.88%	22.16%
Return on Invested Capital (ROIC)	1.73%	39.16%	20.62%	31.80%
ROIC Less NNEP Spread (ROIC-NNEP)	1.29%	27.56%	24.22%	62.25%
Return on Net Nonoperating Assets (RNNOA)	0.43%	1.49%	-1.96%	-1.35%
Return on Equity (ROE)	2.16%	40.65%	18.65%	30.45%
Cash Return on Invested Capital (CROIC)	9.58%	39.23%	2.84%	1.21%
Operating Return on Assets (OROA)	2.41%	26.16%	12.98%	23.72%
Return on Assets (ROA)	1.03%	21.25%	10.49%	18.07%
Return on Common Equity (ROCE)	2.15%	40.65%	18.65%	30.45%
Return on Equity Simple (ROE_SIMPLE)	2.15%	34.67%	17.46%	27.30%
Net Operating Profit after Tax (NOPAT)	2.27	49	29	57
NOPAT Margin	3.13%	39.43%	23.03%	24.18%
Net Nonoperating Expense Percent (NNEP)	0.44%	11.60%	-3.60%	-30.44%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	27.25%
Cost of Revenue to Revenue	12.63%	8.85%	9.47%	3.89%
SG&A Expenses to Revenue	12.54%	16.14%	12.62%	8.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	80.53%	43.35%	62.49%	65.04%
Earnings before Interest and Taxes (EBIT)	4.96	60	35	73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	31	87	66	149
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.41	1.19	1.20	1.86
Price to Tangible Book Value (P/TBV)	1.41	1.19	1.20	1.86
Price to Revenue (P/Rev)	1.93	1.33	1.56	1.61
Price to Earnings (P/E)	66.63	3.43	6.89	6.81
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.50%	29.17%	14.51%	14.69%
Enterprise Value to Invested Capital (EV/IC)	1.32	1.21	1.22	1.85
Enterprise Value to Revenue (EV/Rev)	2.30	1.22	1.48	1.62
Enterprise Value to EBITDA (EV/EBITDA)	5.34	1.75	2.79	2.54
Enterprise Value to EBIT (EV/EBIT)	33.68	2.55	5.28	5.22
Enterprise Value to NOPAT (EV/NOPAT)	73.54	3.09	6.43	6.70
Enterprise Value to Operating Cash Flow (EV/OCF)	5.83	4.61	1.68	3.27
Enterprise Value to Free Cash Flow (EV/FCFF)	13.26	3.08	46.66	176.61
Leverage & Solvency	-	-	-	-
Debt to Equity	0.38	0.09	0.01	0.02
Long-Term Debt to Equity	0.38	0.09	0.01	0.02
Financial Leverage	0.33	0.05	-0.08	-0.02
Leverage Ratio	2.09	1.91	1.78	1.69
Compound Leverage Factor	1.96	1.88	1.75	1.65
Debt to Total Capital	27.45%	8.08%	0.54%	2.33%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	27.45%	8.08%	0.54%	2.33%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	72.55%	91.92%	99.46%	97.67%
Debt to EBITDA	1.20	0.14	0.01	0.03
Net Debt to EBITDA	0.87	-0.16	-0.16	0.02
Long-Term Debt to EBITDA	1.20	0.14	0.01	0.03
Debt to NOPAT	16.52	0.25	0.03	0.09
Net Debt to NOPAT	11.96	-0.29	-0.36	0.04
Long-Term Debt to NOPAT	16.52	0.25	0.03	0.09
Altman Z-Score	2.05	3.40	2.60	4.37
Noncontrolling Interest Sharing Ratio	0.44%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	1.17	1.76	0.49	0.57
Quick Ratio	1.13	0.95	0.48	0.54
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	13	50	3.93	2.15
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.35	0.55	0.46	0.76
Accounts Receivable Turnover	6.76	9.37	7.55	10.49
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.39	0.70	0.58	0.85
Accounts Payable Turnover	1.45	1.18	0.87	0.57
Days Sales Outstanding (DSO)	53.97	38.94	48.34	34.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	251.04	309.02	417.63	635.97
Cash Conversion Cycle (CCC)	-197.06	-270.08	-369.29	-601.16
Capital & Investment Metrics	-	-	-	-
Invested Capital	126	126	151	205
Invested Capital Turnover	0.55	0.99	0.90	1.32
Increase / (Decrease) in Invested Capital	-10	-0.09	25	54
Enterprise Value (EV)	167	153	183	379
Market Capitalization	140	167	194	377
Book Value per Share	$49.69	$73.08	$88.41	$118.15
Tangible Book Value per Share	$49.69	$73.08	$88.41	$118.15
Total Capital	137	153	162	208
Total Debt	37	12	0.87	4.84
Total Long-Term Debt	37	12	0.87	4.84
Net Debt	27	-14	-10	2.29
Capital Expenditures (CapEx)	-1.48	-31	-8.08	-4.25
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-6.74	4.67	-44	-24
Debt-free Net Working Capital (DFNWC)	3.61	31	-33	-21
Net Working Capital (NWC)	3.61	31	-33	-21
Net Nonoperating Expense (NNE)	0.14	0.75	0.44	1.20
Net Nonoperating Obligations (NNO)	27	-14	-10	2.29
Total Depreciation and Amortization (D&A)	26	27	31	76
Debt-free, Cash-free Net Working Capital to Revenue	-9.30%	3.72%	-35.57%	-10.22%
Debt-free Net Working Capital to Revenue	4.98%	24.90%	-26.65%	-9.14%
Net Working Capital to Revenue	4.98%	24.90%	-26.65%	-9.14%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$1.05	$24.91	$15.19	$31.43
Adjusted Weighted Average Basic Shares Outstanding	0.00	1.95M	1.85M	1.76M
Adjusted Diluted Earnings per Share	$0.76	$17.95	$10.77	$21.95
Adjusted Weighted Average Diluted Shares Outstanding	0.00	1.95M	2.61M	2.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	1.95M	1.85M	1.76M
Normalized Net Operating Profit after Tax (NOPAT)	2.43	23	21	54
Normalized NOPAT Margin	3.36%	18.50%	17.16%	22.95%
Pre Tax Income Margin	6.41%	47.07%	27.61%	30.41%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	9.27%	0.00%	0.00%	0.00%
Augmented Payout Ratio	47.88%	15.21%	26.71%	24.24%

This table displays calculated financial ratios and metrics derived from PrimeEnergy Resources' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	127.10%	-18.49%	-12.02%	0.64%	-4.42%	22.27%	88.43%	81.49%	84.84%	104.00%
EBITDA Growth	329.25%	12.81%	-62.37%	-1.95%	-14.60%	-20.42%	200.51%	104.50%	110.09%	142.71%
EBIT Growth	2,195.87%	23.89%	-87.80%	-8.63%	-28.26%	-46.78%	703.53%	89.75%	114.03%	-19.50%
NOPAT Growth	2,284.26%	111.36%	-87.65%	-9.09%	-19.60%	-53.03%	702.77%	97.18%	105.93%	-52.68%
Net Income Growth	1,245.82%	87.39%	-74.69%	-8.13%	-18.50%	-66.58%	702.77%	95.56%	105.93%	-302.15%
EPS Growth	941.38%	52.29%	-86.98%	-4.98%	-15.37%	-54.02%	732.08%	103.40%	113.08%	-57.64%
Operating Cash Flow Growth	168.46%	-245.20%	227.49%	-73.54%	77.65%	369.29%	41.01%	92.05%	12.18%	-37.57%
Free Cash Flow Firm Growth	8.67%	-18.45%	-135.63%	-188.48%	-180.98%	-233.63%	-259.56%	4.78%	-135.20%	-182.28%
Invested Capital Growth	-9.52%	-0.07%	9.31%	30.98%	28.70%	19.51%	35.53%	29.73%	50.16%	36.12%
Revenue Q/Q Growth	10.77%	-37.46%	-7.21%	56.56%	5.20%	-14.98%	43.00%	50.79%	7.14%	-18.21%
EBITDA Q/Q Growth	22.67%	-27.69%	-56.01%	151.29%	6.85%	-32.69%	66.11%	71.00%	9.77%	-22.06%
EBIT Q/Q Growth	27.35%	-30.83%	-85.88%	634.57%	0.00%	-48.77%	113.18%	73.46%	12.80%	-80.64%
NOPAT Q/Q Growth	20.13%	1.72%	-89.60%	615.60%	6.24%	-40.66%	77.67%	75.77%	10.96%	-86.30%
Net Income Q/Q Growth	19.77%	1.76%	-78.93%	257.80%	6.24%	-58.27%	406.10%	-12.84%	11.88%	-140.96%
EPS Q/Q Growth	21.39%	2.05%	-89.36%	620.75%	8.12%	-44.55%	92.58%	76.19%	13.26%	-88.98%
Operating Cash Flow Q/Q Growth	9.61%	-171.57%	315.47%	-84.35%	636.02%	8.50%	12.82%	-78.68%	329.93%	-39.62%
Free Cash Flow Firm Q/Q Growth	-8.16%	-44.41%	-169.07%	-150.94%	15.96%	8.19%	-85.85%	33.54%	-107.60%	-9.98%
Invested Capital Q/Q Growth	-2.11%	18.29%	0.90%	12.10%	-3.81%	9.84%	14.42%	7.31%	11.33%	-0.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	76.74%	116.70%	86.12%	73.63%	85.98%	113.34%	93.48%	96.19%	91.54%	103.59%
EBITDA Margin	65.63%	75.88%	35.97%	57.74%	58.65%	49.39%	57.37%	65.06%	66.65%	63.52%
Operating Margin	46.49%	51.42%	7.82%	36.71%	34.90%	22.38%	33.36%	38.38%	40.41%	9.56%
EBIT Margin	46.49%	51.42%	7.82%	36.71%	34.90%	22.38%	33.36%	38.38%	40.41%	9.56%
Profit (Net Income) Margin	33.46%	54.44%	12.36%	28.25%	28.53%	14.88%	52.66%	30.44%	31.78%	-15.92%
Tax Burden Percent	72.95%	107.28%	157.98%	76.95%	81.76%	71.99%	157.83%	79.97%	78.66%	-221.02%
Interest Burden Percent	98.66%	98.69%	100.00%	100.00%	100.00%	92.35%	100.00%	99.18%	100.00%	75.31%
Effective Tax Rate	27.05%	-7.28%	21.01%	23.05%	18.24%	5.31%	21.08%	20.03%	21.34%	44.34%
Return on Invested Capital (ROIC)	39.55%	54.78%	6.20%	27.49%	28.24%	18.97%	25.32%	32.44%	37.98%	7.00%
ROIC Less NNEP Spread (ROIC-NNEP)	22.95%	52.04%	-53.89%	27.49%	28.24%	34.53%	-236.18%	39.01%	37.98%	312.22%
Return on Net Nonoperating Assets (RNNOA)	0.22%	2.81%	1.02%	-1.34%	-4.11%	-2.80%	6.63%	-0.59%	-1.74%	-6.78%
Return on Equity (ROE)	39.77%	57.59%	7.22%	26.15%	24.13%	16.18%	31.95%	31.86%	36.24%	0.22%
Cash Return on Invested Capital (CROIC)	47.52%	39.23%	23.44%	3.68%	4.22%	2.84%	-4.52%	3.56%	-5.38%	1.21%
Operating Return on Assets (OROA)	29.32%	28.14%	4.30%	20.12%	18.06%	10.36%	16.81%	22.99%	27.67%	7.30%
Return on Assets (ROA)	21.10%	29.79%	6.79%	15.48%	14.76%	6.89%	26.53%	18.23%	21.76%	-12.15%
Return on Common Equity (ROCE)	39.62%	57.59%	7.22%	26.15%	24.13%	16.18%	31.95%	31.86%	36.24%	0.22%
Return on Equity Simple (ROE_SIMPLE)	32.79%	0.00%	29.02%	26.93%	23.73%	0.00%	28.29%	30.90%	33.81%	0.00%
Net Operating Profit after Tax (NOPAT)	13	14	1.41	10	11	6.37	11	20	22	3.02
NOPAT Margin	33.91%	55.16%	6.18%	28.25%	28.53%	21.19%	26.33%	30.69%	31.78%	5.32%
Net Nonoperating Expense Percent (NNEP)	16.60%	2.74%	60.09%	0.00%	0.00%	-15.55%	261.50%	-6.57%	0.00%	-305.22%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	1.46%
Cost of Revenue to Revenue	23.26%	-16.70%	13.88%	9.43%	8.43%	6.80%	6.52%	3.81%	4.47%	1.30%
SG&A Expenses to Revenue	6.24%	35.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	30.25%	65.29%	78.30%	36.92%	51.08%	90.96%	60.12%	57.81%	51.13%	94.03%
Earnings before Interest and Taxes (EBIT)	18	13	1.79	13	13	6.73	14	25	28	5.43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	26	19	8.21	21	22	15	25	42	46	36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.19	1.19	1.17	1.16	1.36	1.20	1.08	1.02	1.18	1.86
Price to Tangible Book Value (P/TBV)	1.19	1.19	1.17	1.16	1.36	1.20	1.08	1.02	1.18	1.86
Price to Revenue (P/Rev)	1.18	1.33	1.33	1.39	1.76	1.56	1.27	1.10	1.18	1.61
Price to Earnings (P/E)	3.64	3.43	4.03	4.32	5.75	6.89	3.81	3.30	3.50	6.81
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	27.44%	29.17%	24.79%	23.16%	17.39%	14.51%	26.26%	30.33%	28.55%	14.69%
Enterprise Value to Invested Capital (EV/IC)	1.24	1.21	1.19	1.17	1.41	1.22	1.08	1.02	1.18	1.85
Enterprise Value to Revenue (EV/Rev)	1.01	1.22	1.24	1.36	1.61	1.48	1.29	1.09	1.19	1.62
Enterprise Value to EBITDA (EV/EBITDA)	1.55	1.75	2.05	2.27	2.79	2.79	2.26	1.82	1.90	2.54
Enterprise Value to EBIT (EV/EBIT)	2.29	2.55	3.21	3.63	4.78	5.28	3.92	3.19	3.29	5.22
Enterprise Value to NOPAT (EV/NOPAT)	3.13	3.09	3.83	4.34	5.43	6.43	4.83	3.91	4.09	6.70
Enterprise Value to Operating Cash Flow (EV/OCF)	2.31	4.61	2.78	4.05	3.44	1.68	1.53	1.50	1.87	3.27
Enterprise Value to Free Cash Flow (EV/FCFF)	2.47	3.08	5.29	35.93	37.72	46.66	0.00	32.33	0.00	176.61
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.09	0.01	0.01	0.01	0.01	0.03	0.00	0.02	0.02
Long-Term Debt to Equity	0.01	0.09	0.01	0.01	0.01	0.01	0.03	0.00	0.02	0.02
Financial Leverage	0.01	0.05	-0.02	-0.05	-0.15	-0.08	-0.03	-0.02	-0.05	-0.02
Leverage Ratio	1.87	1.91	1.79	1.69	1.63	1.78	1.86	1.74	1.67	1.69
Compound Leverage Factor	1.84	1.89	1.79	1.69	1.63	1.64	1.86	1.72	1.67	1.27
Debt to Total Capital	1.01%	8.08%	1.41%	0.85%	0.66%	0.54%	2.77%	0.44%	1.85%	2.33%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	1.01%	8.08%	1.41%	0.85%	0.66%	0.54%	2.77%	0.44%	1.85%	2.33%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.99%	91.92%	98.59%	99.15%	99.34%	99.46%	97.23%	99.56%	98.15%	97.67%
Debt to EBITDA	0.02	0.14	0.03	0.02	0.01	0.01	0.06	0.01	0.03	0.03
Net Debt to EBITDA	-0.27	-0.16	-0.16	-0.05	-0.27	-0.16	0.04	-0.01	0.02	0.02
Long-Term Debt to EBITDA	0.02	0.14	0.03	0.02	0.01	0.01	0.06	0.01	0.03	0.03
Debt to NOPAT	0.03	0.25	0.05	0.03	0.03	0.03	0.13	0.02	0.06	0.09
Net Debt to NOPAT	-0.54	-0.29	-0.30	-0.10	-0.52	-0.36	0.08	-0.02	0.04	0.04
Long-Term Debt to NOPAT	0.03	0.25	0.05	0.03	0.03	0.03	0.13	0.02	0.06	0.09
Altman Z-Score	3.20	2.77	2.54	2.80	3.04	2.28	1.95	2.41	2.82	3.68
Noncontrolling Interest Sharing Ratio	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.90	1.76	0.94	0.94	0.90	0.49	0.36	0.61	0.54	0.57
Quick Ratio	1.85	0.95	0.57	0.81	0.89	0.48	0.35	0.59	0.53	0.54
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	25	14	-9.43	-24	-20	-18	-34	-23	-47	-51
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.63	0.55	0.55	0.55	0.52	0.46	0.50	0.60	0.68	0.76
Accounts Receivable Turnover	8.37	9.37	7.59	5.49	7.03	7.55	7.02	4.78	7.94	10.49
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.76	0.70	0.65	0.65	0.63	0.58	0.58	0.71	0.78	0.85
Accounts Payable Turnover	2.05	1.18	0.92	0.99	0.62	0.87	0.83	0.57	0.39	0.57
Days Sales Outstanding (DSO)	43.62	38.94	48.09	66.54	51.89	48.34	51.99	76.35	45.98	34.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	177.77	309.02	395.82	368.47	593.25	417.63	441.57	635.61	947.13	635.97
Cash Conversion Cycle (CCC)	-134.16	-270.08	-347.73	-301.93	-541.36	-369.29	-389.59	-559.25	-901.15	-601.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	107	126	127	143	137	151	172	185	206	205
Invested Capital Turnover	1.17	0.99	1.00	0.97	0.99	0.90	0.96	1.06	1.19	1.32
Increase / (Decrease) in Invested Capital	-11	-0.09	11	34	31	25	45	42	69	54
Enterprise Value (EV)	132	153	151	166	194	183	186	189	244	379
Market Capitalization	154	167	163	170	213	194	183	190	241	377
Book Value per Share	$66.83	$73.08	$72.38	$79.16	$85.00	$88.41	$93.06	$104.38	$116.36	$118.15
Tangible Book Value per Share	$66.83	$73.08	$72.38	$79.16	$85.00	$88.41	$93.06	$104.38	$116.36	$118.15
Total Capital	131	153	141	148	157	162	174	187	208	208
Total Debt	1.32	12	1.99	1.25	1.04	0.87	4.83	0.83	3.83	4.84
Total Long-Term Debt	1.32	12	1.99	1.25	1.04	0.87	4.83	0.83	3.83	4.84
Net Debt	-23	-14	-12	-3.80	-19	-10	3.08	-1.19	2.25	2.29
Capital Expenditures (CapEx)	-0.49	-16	-0.44	-6.02	-0.98	-0.65	-0.43	-0.21	-3.52	-0.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-4.15	4.67	-17	-7.42	-24	-44	-58	-34	-33	-24
Debt-free Net Working Capital (DFNWC)	20	31	-2.82	-2.37	-4.07	-33	-56	-32	-31	-21
Net Working Capital (NWC)	20	31	-2.82	-2.37	-4.07	-33	-56	-32	-31	-21
Net Nonoperating Expense (NNE)	0.18	0.18	-1.41	0.00	0.00	1.90	-11	0.16	0.00	12
Net Nonoperating Obligations (NNO)	-23	-14	-12	-3.80	-19	-10	3.08	-1.19	2.25	2.29
Total Depreciation and Amortization (D&A)	7.53	6.02	6.42	7.51	8.92	8.12	10	17	18	31
Debt-free, Cash-free Net Working Capital to Revenue	-3.17%	3.72%	-13.54%	-6.06%	-19.77%	-35.57%	-40.32%	-19.42%	-15.89%	-10.22%
Debt-free Net Working Capital to Revenue	15.21%	24.90%	-2.31%	-1.94%	-3.37%	-26.65%	-39.11%	-18.26%	-15.11%	-9.14%
Net Working Capital to Revenue	15.21%	24.90%	-2.31%	-1.94%	-3.37%	-26.65%	-39.11%	-18.26%	-15.11%	-9.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.79	$6.93	$0.75	$5.35	$5.84	$3.25	$6.27	$11.08	$12.63	$1.45
Adjusted Weighted Average Basic Shares Outstanding	1.92M	1.95M	1.85M	1.89M	1.83M	1.85M	1.81M	1.78M	1.75M	1.76M
Adjusted Diluted Earnings per Share	$4.88	$4.98	$0.53	$3.82	$4.13	$2.29	$4.41	$7.77	$8.80	$0.97
Adjusted Weighted Average Diluted Shares Outstanding	1.92M	2.71M	1.85M	2.64M	2.59M	2.61M	2.57M	2.54M	2.51M	2.52M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.92M	1.95M	1.85M	1.84M	1.82M	1.85M	1.78M	1.78M	1.75M	1.76M
Normalized Net Operating Profit after Tax (NOPAT)	13	-2.67	1.41	5.43	9.00	6.37	11	20	20	3.02
Normalized NOPAT Margin	33.00%	-10.87%	6.18%	15.21%	23.96%	21.19%	26.33%	30.44%	28.64%	5.32%
Pre Tax Income Margin	45.86%	50.75%	7.82%	36.71%	34.90%	20.67%	33.36%	38.06%	40.41%	7.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	13.69%	15.21%	23.10%	24.28%	24.27%	26.71%	15.87%	13.63%	16.21%	24.24%

Frequently Asked Questions About PrimeEnergy Resources' Financials

When does PrimeEnergy Resources's financial year end?

According to the most recent income statement we have on file, PrimeEnergy Resources' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has PrimeEnergy Resources' net income changed over the last 3 years?

PrimeEnergy Resources' net income appears to be on an upward trend, with a most recent value of $55.40 million in 2024, rising from $2.13 million in 2021. The previous period was $28.10 million in 2023.

What is PrimeEnergy Resources's operating income?

PrimeEnergy Resources's total operating income in 2024 was $72.72 million, based on the following breakdown:

Total Gross Profit: $224.97 million
Total Operating Expenses: $152.25 million

How has PrimeEnergy Resources revenue changed over the last 3 years?

Over the last 3 years, PrimeEnergy Resources' total revenue changed from $72.46 million in 2021 to $234.08 million in 2024, a change of 223.1%.

How much debt does PrimeEnergy Resources have?

PrimeEnergy Resources' total liabilities were at $121.70 million at the end of 2024, a 4.6% decrease from 2023, and a 8.8% increase since 2021.

How much cash does PrimeEnergy Resources have?

In the past 3 years, PrimeEnergy Resources' cash and equivalents has ranged from $2.55 million in 2024 to $26.54 million in 2022, and is currently $2.55 million as of their latest financial filing in 2024.

How has PrimeEnergy Resources' book value per share changed over the last 3 years?

Over the last 3 years, PrimeEnergy Resources' book value per share changed from 49.69 in 2021 to 118.15 in 2024, a change of 137.8%.

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This page (NASDAQ:PNRG) was last updated on 5/5/2025 by MarketBeat.com Staff

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PrimeEnergy Resources (PNRG) Financials

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PrimeEnergy Resources (PNRG) Financials

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