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PrimeEnergy Resources Corporation PNRG Oil and Gas, Successful Efforts Method, Property and Equipment, Accumulated Depreciation, Depletion, and Amortization

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PrimeEnergy Resources CorporationPNRG
$569.38M+13.9%
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Other financials

Income statement

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Revenue$39.4M-21.3%
Gross profit$48.2M+19.9%
Operating income$13.1M-28.1%
Net income$4.3M-52.5%
EPS (diluted)$3.72-15.6%

Balance sheet

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Cash & equivalents$19.4M+823%
Total debt$806.0K-89.2%
Total equity$217.4M+6.1%
Total assets$322.3M-5.0%

Cash flow

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Operating cash flow$16.1M-58.0%
CapEx$1.5M-95.7%
Free cash flow$14.6M+313%

Valuation

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Market cap$270.03M+10.3%
Enterprise value$251.46M-1.0%
P/E12.6×+5.9×
P/S1.5×+0.4×

Profitability

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Gross margin92.6%+0.1pp
Operating margin28.1%-15.8pp
Net margin12.1%-9.7pp
FCF margin0.4%

Returns & leverage

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Return on equity10.2%-18.2pp
Debt / equity0.0×
Current ratio1.1×+0.6×

Where this comes from

Reported directly by PrimeEnergy Resources Corporation in its filing.

Tagged under the XBRL concept us-gaap:OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization.

The official record: PrimeEnergy Resources Corporation’s 10-Q, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PrimeEnergy Resources Corporation's oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization?
PrimeEnergy Resources Corporation (PNRG) reported oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization of $569.38M in Q1 2026.
How has PrimeEnergy Resources Corporation's oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization changed year-over-year?
PrimeEnergy Resources Corporation's oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization increased by 13.9% year-over-year, from $499.69M to $569.38M.
What is the long-term trend for PrimeEnergy Resources Corporation's oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization?
Over 5 years (2020 to 2025), PrimeEnergy Resources Corporation's oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization has grown at a 10.5% compound annual growth rate (CAGR), from $335.39M to $552.76M.
What does oil and gas, successful efforts method, property and equipment, accumulated depreciation, depletion, and amortization mean?
This metric tracks the cumulative amount of depreciation, depletion, and amortization (DD&A) charged against the company's oil and gas properties over their useful lives. It serves as a contra-asset account that reduces the gross carrying value of capitalized exploration and development costs. Monitoring this balance helps investors assess the rate at which the company is consuming its resource assets relative to its production levels.