PNRG

MKT CAP:$375M

PrimeEnergy Resources Corporation

Market Cap

$375M

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Exploration & Production·🇺🇸·NASDAQ

Stock Price

$222.87+$43.82 (+24.47%)

Apr 22, 2026

Company Details

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...

CEO

Charles E. Drimal Jr.

IPO Date

Mar 17, 1980

Website

www.primeenergy.com

Key Metrics TTM

Revenue

$186M

-20.5% YoY

Net Income

$26M

EPS (Diluted)

$10.86

Free Cash Flow

$21M

Revenue / Share

$78.45

Gross Margin

25.8%

Operating Margin

15.9%

Net Margin

14.2%

FCF Margin

11.2%

P/S

2.0x

P/E

14.2x

Earnings Reports

FY 2025

Apr 16, 2026

NEW

$186M-20.5%EPS $10.86

Q4 2025

Apr 16, 2026

NEW

$50M-16.8%EPS $1.43

Q3 2025

Nov 19, 2025

$45M-33.0%EPS $4.38

Q2 2025

Aug 19, 2025

$42M-35.3%EPS $1.33

Q1 2025

May 19, 2025

$49M+16.4%EPS $3.72

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$37M	$18M	$12M
Q2 22	$38M	$19M	$16M
Q3 22	$37M	$18M	$16M
Q4 22	$23M	$5M	-$4M
Q1 23	$22M	$4M	$1M
Q2 23	$30M	$9M	$7M
Q3 23	$35M	$14M	$11M
Q4 23	$35M	$12M	$5M
Q1 24	$42M	$17M	$14M
Q2 24	$65M	$29M	$25M
Q3 24	$67M	$30M	$26M
Q4 24	$60M	$12M	$4M
Q1 25	$49M	$14M	$11M
Q2 25	$42M	$8M	$5M
Q3 25	$45M	$16M	$12M
Q4 25	$50M	$11M	$1M

Valuation

Quarter	P/S	P/E
Q1 22	1.9x	12.9x
Q2 22	1.7x	7.7x
Q3 22	1.1x	3.7x
Q4 22	1.3x	3.5x
Q1 23	1.4x	4.2x
Q2 23	1.5x	4.5x
Q3 23	1.8x	5.7x
Q4 23	1.5x	6.6x
Q1 24	1.3x	4.8x
Q2 24	1.1x	4.0x
Q3 24	1.2x	4.2x
Q4 24	1.7x	7.1x
Q1 25	1.7x	7.5x
Q2 25	1.1x	6.7x
Q3 25	1.4x	10.6x
Q4 25	1.6x	11.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$9M	$8M
Q2 22	$18M	$18M
Q3 22	$20M	$14M
Q4 22	-$14M	-$22M
Q1 23	$31M	$488.0K
Q2 23	$5M	-$12M
Q3 23	$35M	$15M
Q4 23	$38M	-$8M
Q1 24	$43M	-$11M
Q2 24	$9M	$7M
Q3 24	$40M	-$2M
Q4 24	$24M	$3M
Q1 25	$38M	$4M
Q2 25	-$8M	-$2M
Q3 25	$55M	$15M
Q4 25	$12M	$4M

Capital Expenditures

Quarter	CapEx
Q1 22	$2M
Q2 22	$625.0K
Q3 22	$6M
Q4 22	$8M
Q1 23	$30M
Q2 23	$17M
Q3 23	$20M
Q4 23	$47M
Q1 24	$54M
Q2 24	$2M
Q3 24	$42M
Q4 24	$21M
Q1 25	$35M
Q2 25	$6M
Q3 25	$39M
Q4 25	$8M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+22.6%	-9.3%
Q2 22	+172.2%	+52.7%
Q3 22	+111.3%	+42.9%
Q4 22	-21.9%	+29.3%
Q1 23	-39.8%	-17.6%
Q2 23	-23.0%	+2.3%
Q3 23	-5.6%	+13.0%
Q4 23	+48.8%	+10.2%
Q1 24	+91.1%	+36.4%
Q2 24	+118.2%	+77.4%
Q3 24	+88.5%	+68.4%
Q4 24	+72.3%	+83.5%
Q1 25	+16.4%	+34.0%
Q2 25	-35.3%	-7.1%
Q3 25	-33.0%	-21.4%
Q4 25	-16.8%	-12.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 22	—	$7M
Q2 22	—	$2M
Q3 22	—	$2M
Q4 22	—	$9M
Q1 23	—	$3M
Q2 23	—	$2M
Q3 23	—	$3M
Q4 23	—	$8M
Q1 24	—	$3M
Q2 24	—	$4M
Q3 24	—	$4M
Q4 24	—	$8M
Q1 25	—	$3M
Q2 25	—	$3M
Q3 25	—	$3M
Q4 25	$9M	—

Revenue Segments

Quarter	Natural Gas Liquid	Naturals Gas	Oil and Gas Service	Oil sales	Oil Sales	Natural Gas, Production
Q1 22	$4M	$4M	$3M	$26M	—	—
Q2 22	$4M	$5M	$4M	$26M	—	—
Q3 22	$4M	$6M	$4M	$23M	—	—
Q4 22	$2M	$4M	$2M	$15M	—	—
Q1 23	$2M	$2M	$3M	$15M	—	—
Q2 23	$3M	$1M	$5M	—	$21M	—
Q3 23	$3M	$2M	$3M	—	$26M	—
Q1 25	$9M	—	$2M	—	$33M	$6M
Q2 25	$6M	—	$2M	—	$34M	$43.0K
Q3 25	$6M	—	$2M	—	$35M	$2M
Q4 25	$6M	—	$2M	—	$43M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$4M	$0	$4M
Q2 22	$11M	$0	$11M
Q3 22	$24M	$0	$24M
Q4 22	$27M	$0	$27M
Q1 23	$14M	$0	$14M
Q2 23	$5M	$0	$5M
Q3 23	$20M	$0	$20M
Q4 23	$11M	$0	$11M
Q1 24	$2M	$0	$2M
Q2 24	$2M	$0	$2M
Q3 24	$2M	$0	$2M
Q4 24	$3M	$0	$3M
Q1 25	$2M	$0	$2M
Q2 25	$2M	$0	$2M
Q3 25	$4M	$0	$4M
Q4 25	$7M	$0	$7M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	3M	+37.3%	+34.4%
Q2 22	3M	-0.3%	+36.9%
Q3 22	3M	-1.3%	+35.1%
Q4 22	3M	-0.5%	+34.5%
Q1 23	3M	-1.3%	-3.3%
Q2 23	3M	-0.1%	-3.2%
Q3 23	3M	-1.9%	-3.7%
Q4 23	3M	-0.3%	-3.5%
Q1 24	3M	-0.8%	-3.1%
Q2 24	3M	-1.0%	-3.9%
Q3 24	3M	-1.2%	-3.3%
Q4 24	2M	-1.2%	-4.2%
Q1 25	2M	-0.9%	-4.3%
Q2 25	2M	-1.3%	-4.6%
Q3 25	2M	-0.6%	-3.9%
Q4 25	2M	-1.7%	-4.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$326.5K	113
Q2 22	$340.2K	113
Q3 22	$331.6K	113
Q4 22	$206.1K	114
Q1 23	$194.7K	114
Q2 23	$259.7K	114
Q3 23	$310.2K	114
Q4 23	$303.8K	115
Q1 24	$368.9K	115
Q2 24	$561.7K	115
Q3 24	$579.7K	115
Q4 24	$771.9K	78
Q1 25	$632.9K	78
Q2 25	$536.1K	78
Q3 25	$572.6K	78
Q4 25	$747.2K	67

Revenue / Employee