Primeenergy Resources Corp Financials
This page shows Primeenergy Resources Corp (PNRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Primeenergy Resources Corp's revenue surged 79.0% year-over-year to $237.8M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Primeenergy Resources Corp carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Primeenergy Resources Corp's current ratio of 0.57 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 3/100, which could limit financial flexibility.
Primeenergy Resources Corp earns a strong 27.3% return on equity (ROE), meaning it generates $27 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is up from 17.5% the prior year.
Primeenergy Resources Corp passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Primeenergy Resources Corp generates $2.09 in operating cash flow ($115.9M OCF vs $55.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Primeenergy Resources Corp generated $237.8M in revenue in fiscal year 2024. This represents an increase of 79.0% from the prior year.
Primeenergy Resources Corp reported $55.4M in net income in fiscal year 2024. This represents an increase of 97.1% from the prior year.
Primeenergy Resources Corp earned $21.95 per diluted share (EPS) in fiscal year 2024. This represents an increase of 103.8% from the prior year.
Primeenergy Resources Corp held $2.5M in cash against $4.0M in long-term debt as of fiscal year 2024.
Primeenergy Resources Corp had 2M shares outstanding in fiscal year 2024. This represents a decrease of 2.1% from the prior year.
Primeenergy Resources Corp's net profit margin was 23.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.1 percentage points from the prior year.
Primeenergy Resources Corp's ROE was 27.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 9.8 percentage points from the prior year.
Primeenergy Resources Corp spent $13.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 78.9% from the prior year.
PNRG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.0M+9.5% | $42.0M-16.1% | $50.1M+36.4% | $36.7M-2.3% | $37.6M+5.2% | $35.7M+56.6% | $22.8M-59.5% | $56.4M |
| Cost of Revenue | $2.0M+64.5% | $1.2M-33.7% | $1.9M-9.1% | $2.0M-35.4% | $3.2M-6.0% | $3.4M+6.3% | $3.2M+33.7% | $2.4M |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $3.0M+2.3% | $3.0M+2.3% | $2.9M-61.6% | $7.6M+178.5% | $2.7M+19.6% | $2.3M-26.8% | $3.1M-64.3% | $8.7M |
| Operating Income | N/A | N/A | N/A | N/A | $13.1M-0.3% | $13.2M+610.5% | $1.9M-85.1% | $12.4M |
| Interest Expense | $414K+75.4% | $236K+9.8% | $215K | N/A | $133K+17.7% | $113K-37.9% | $182K | N/A |
| Income Tax | $2.7M+187.4% | $952K-57.5% | $2.2M+578.5% | $330K-86.2% | $2.4M-20.8% | $3.0M+705.9% | $375K+141.3% | -$908K |
| Net Income | $10.6M+227.2% | $3.2M-64.7% | $9.1M+55.3% | $5.9M-45.1% | $10.7M+6.2% | $10.1M+615.6% | $1.4M-89.5% | $13.4M |
| EPS (Diluted) | $4.38+229.3% | $1.33-64.2% | $3.72+62.4% | $2.29-44.6% | $4.13+8.1% | $3.82+620.8% | $0.53-89.4% | $4.98 |
PNRG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $332.0M-3.2% | $343.0M+1.1% | $339.3M+17.6% | $288.6M+13.8% | $253.6M+4.0% | $243.8M+1.8% | $239.3M-3.2% | $247.1M |
| Current Assets | $24.0M-27.7% | $33.2M+18.9% | $28.0M-12.0% | $31.8M-15.5% | $37.6M+0.7% | $37.4M-9.8% | $41.4M-42.6% | $72.2M |
| Cash & Equivalents | $3.7M+56.0% | $2.4M+12.6% | $2.1M-81.0% | $11.1M-44.1% | $19.8M+291.6% | $5.1M-63.2% | $13.7M-48.3% | $26.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $19.1M-34.0% | $28.9M+18.4% | $24.4M+20.3% | $20.3M+16.9% | $17.4M-35.2% | $26.8M+140.2% | $11.2M-8.2% | $12.1M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $118.2M-14.2% | $137.8M+2.5% | $134.4M+5.3% | $127.6M+30.8% | $97.6M+0.3% | $97.3M-3.1% | $100.3M-6.0% | $106.8M |
| Current Liabilities | $45.3M-18.2% | $55.3M-3.8% | $57.5M-11.3% | $64.8M+55.5% | $41.7M+4.9% | $39.7M-10.2% | $44.2M+8.0% | $41.0M |
| Long-Term Debt | $0-100.0% | $12.0M+84.6% | $6.5M | $0 | $0 | $0 | $0-100.0% | $11.0M |
| Total Equity | $213.8M+4.2% | $205.2M+0.1% | $205.0M+27.3% | $160.9M+3.2% | $156.0M+6.5% | $146.5M+5.4% | $139.0M-1.0% | $140.4M |
| Retained Earnings | $284.0M+3.9% | $273.4M+1.2% | $270.2M+31.4% | $205.7M+2.9% | $199.8M+5.7% | $189.1M+5.6% | $179.0M+0.8% | $177.6M |
PNRG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $54.7M+757.0% | -$8.3M-121.8% | $38.2M-0.3% | $38.3M+8.5% | $35.3M+636.0% | $4.8M-84.3% | $30.6M+315.5% | -$14.2M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$39.3M-752.1% | $6.0M+117.7% | -$34.0M+26.1% | -$46.1M-141.5% | -$19.1M-75.8% | -$10.8M+63.5% | -$29.7M-466.2% | $8.1M |
| Financing Cash Flow | -$14.0M-648.6% | $2.6M+155.6% | -$4.6M-379.6% | -$958K+35.2% | -$1.5M+43.5% | -$2.6M+81.0% | -$13.7M-260.0% | $8.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $2.0M-31.1% | $2.9M-58.5% | $7.1M+659.6% | $934K-22.7% | $1.2M-53.8% | $2.6M-4.8% | $2.7M+14.0% | $2.4M |
PNRG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | 34.9%-1.9pp | 36.9%+28.7pp | 8.1%-13.9pp | 22.0% |
| Net Margin | 23.0%+15.3pp | 7.7%-10.6pp | 18.3%+2.2pp | 16.0%-12.5pp | 28.5%+0.3pp | 28.2%+22.1pp | 6.2%-17.6pp | 23.7% |
| Return on Equity | 4.9%+3.4pp | 1.6%-2.9pp | 4.5%+0.8pp | 3.7%-3.2pp | 6.9%-0.0pp | 6.9%+5.9pp | 1.0%-8.5pp | 9.5% |
| Return on Assets | 3.2%+2.2pp | 0.9%-1.8pp | 2.7%+0.6pp | 2.0%-2.2pp | 4.2%+0.1pp | 4.1%+3.5pp | 0.6%-4.8pp | 5.4% |
| Current Ratio | 0.53-0.1 | 0.60+0.1 | 0.490.0 | 0.49-0.4 | 0.90-0.0 | 0.940.0 | 0.94-0.8 | 1.76 |
| Debt-to-Equity | 0.00-0.1 | 0.06+0.0 | 0.03+0.0 | 0.000.0 | 0.000.0 | 0.000.0 | 0.00-0.1 | 0.08 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.57), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Primeenergy Resources Corp's annual revenue?
Primeenergy Resources Corp (PNRG) reported $237.8M in total revenue for fiscal year 2024. This represents a 79.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Primeenergy Resources Corp's revenue growing?
Primeenergy Resources Corp (PNRG) revenue grew by 79% year-over-year, from $132.8M to $237.8M in fiscal year 2024.
Is Primeenergy Resources Corp profitable?
Yes, Primeenergy Resources Corp (PNRG) reported a net income of $55.4M in fiscal year 2024, with a net profit margin of 23.3%.
What is Primeenergy Resources Corp's earnings per share (EPS)?
Primeenergy Resources Corp (PNRG) reported diluted earnings per share of $21.95 for fiscal year 2024. This represents a 103.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Primeenergy Resources Corp have?
As of fiscal year 2024, Primeenergy Resources Corp (PNRG) had $2.5M in cash and equivalents against $4.0M in long-term debt.
What is Primeenergy Resources Corp's net profit margin?
Primeenergy Resources Corp (PNRG) had a net profit margin of 23.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Primeenergy Resources Corp's return on equity (ROE)?
Primeenergy Resources Corp (PNRG) has a return on equity of 27.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Primeenergy Resources Corp's operating cash flow?
Primeenergy Resources Corp (PNRG) generated $115.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Primeenergy Resources Corp's total assets?
Primeenergy Resources Corp (PNRG) had $324.6M in total assets as of fiscal year 2024, including both current and long-term assets.
Does Primeenergy Resources Corp buy back shares?
Yes, Primeenergy Resources Corp (PNRG) spent $13.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Primeenergy Resources Corp have outstanding?
Primeenergy Resources Corp (PNRG) had 2M shares outstanding as of fiscal year 2024.
What is Primeenergy Resources Corp's current ratio?
Primeenergy Resources Corp (PNRG) had a current ratio of 0.57 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Primeenergy Resources Corp's debt-to-equity ratio?
Primeenergy Resources Corp (PNRG) had a debt-to-equity ratio of 0.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Primeenergy Resources Corp's return on assets (ROA)?
Primeenergy Resources Corp (PNRG) had a return on assets of 17.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Primeenergy Resources Corp's Piotroski F-Score?
Primeenergy Resources Corp (PNRG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Primeenergy Resources Corp's earnings high quality?
Primeenergy Resources Corp (PNRG) has an earnings quality ratio of 2.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Primeenergy Resources Corp?
Primeenergy Resources Corp (PNRG) scores 76 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.