PrimeEnergy Resources Corporation PNRG Asset Retirement Obligation Accretion Expense
Asset Retirement Obligation Accretion Expense at other companies
Other financials
Where this comes from
Reported directly by PrimeEnergy Resources Corporation in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
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 asset retirement obligation accretion expense?
- PrimeEnergy Resources Corporation (PNRG) reported asset retirement obligation accretion expense of $265K in Q1 2026.
- How has PrimeEnergy Resources Corporation's asset retirement obligation accretion expense changed year-over-year?
- PrimeEnergy Resources Corporation's asset retirement obligation accretion expense increased by 44.8% year-over-year, from $183K to $265K.
- What is the long-term trend for PrimeEnergy Resources Corporation's asset retirement obligation accretion expense?
- Over 3 years (2022 to 2025), PrimeEnergy Resources Corporation's asset retirement obligation accretion expense has grown at a 16.2% compound annual growth rate (CAGR), from $667K to $1.05M.
- What does asset retirement obligation accretion expense mean?
- This represents the non-cash interest expense recognized over time to increase the carrying amount of a liability for the future retirement of tangible long-lived assets. It reflects the gradual unwinding of the discount on environmental or site restoration obligations associated with oil and gas properties. Investors monitor this to understand the long-term environmental liability profile and the non-cash impact on operating cash flows.