PNRG PRIMEENERGY RESOURCES CORP

Overview and Growth

Fiscal 2025 results for PRIMEENERGY RESOURCES CORP combined $189.05M of revenue with net income of $26.31M and an operating cash inflow of $96.73M. Revenue of $189.05M sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line contracted 20.5% from $237.80M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. Diluted earnings per share were $10.86, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 50.5% decrease from fiscal 2024 diluted EPS of $21.95. The revenue-to-assets relationship was 0.58x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $182.85M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 96.7% of revenue, showing how much of the top line remained after direct costs. After all reported below-operating-line items, the company recorded net income of $26.31M for the fiscal year. The final earnings result represented 13.9% of revenue, connecting the absolute net income figure with the company’s top-line scale. Before income taxes, the company reported $30.49M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 16.1%, relating income before taxes directly to revenue. The company recognized $4.18M of income tax for the period, completing the transition from pretax income to net income. The effective relationship between income tax and positive pretax income was 13.7%, without assuming a statutory-rate comparison. Net income equaled 12.2% of period-end equity, showing the earnings generated on shareholders’ book capital. Net income represented 8.1% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

Total assets were $323.89M, supported by $108.21M of liabilities and $215.69M of shareholder equity. The near-term balance sheet paired $27.71M of current assets with $37.42M of current liabilities at the reporting date. The current ratio was 0.74x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Cash and equivalents totaled $7.42M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 19.8% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $0.00, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.0x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 0.0%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 33.4%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 2.3%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 0.2% lower than fiscal 2024 assets of $324.62M, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $96.73M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Operating cash flow equaled 3.68x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $75.95M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 78.5% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $20.78M of positive free cash flow for the period. The free-cash-flow margin was 11.0%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 6.4%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.