Quarterly ResultApr 16, 2026, 01:47 PM
PrimeEnergy Resources 2025 Revenue $189.1M, Net Income $26.3M
AI Summary
PrimeEnergy Resources reported its financial and operating results for the year ended December 31, 2025. Total revenue decreased to $189.1 million from $237.8 million in 2024, and net income fell to $26.3 million ($15.85 per share) from $55.4 million ($31.43 per share). These declines were primarily due to lower realized oil and NGL prices, despite strong operational performance with increased natural gas and NGL production. The company maintained a strong financial position with no outstanding bank debt and continued its share repurchase program, significantly reducing shares outstanding.
Key Highlights
- Total revenue for 2025 was $189.1 million, down from $237.8 million in 2024.
- Net income totaled $26.3 million ($15.85/share), compared to $55.4 million ($31.43/share) in 2024.
- Natural gas production increased 26.5% to 9.8 Bcf; NGL production rose 28.5% to 1.66 million barrels.
- Oil production declined 10.6% to 2.29 million barrels.
- Company ended 2025 with zero outstanding bank debt and full $115 million credit facility availability.