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 gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations. The company operates approximately 710 active wells and owns non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas. The company was formerly known as PrimeEnergy Corporation and changed its name to PrimeEnergy Resources Corporation in December 2018. The company was incorporated in 1973 and is headquartered in Houston, Texas.
Revenue of PrimeEnergy Resources Corporation (PNRG)
Revenue in 2023 (TTM): $123.13 M
According to PrimeEnergy Resources Corporation's latest financial reports the company's current revenue (TTM) is $123.13 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of PrimeEnergy Resources Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $123.13 M | $72.38 M | $66.42 M | $34.22 M | $28.1 M |
| 2022 | $125.09 M | $48.11 M | $56.18 M | $58.99 M | $48.66 M |
| 2021 | $79.61 M | $13.9 M | $29.8 M | $4.64 M | $2.1 M |
| 2020 | $58.42 M | $-1,789,000 | $27.2 M | $-2,880,000 | $-2,363,000 |
| 2019 | $104.82 M | $19.76 M | $40.28 M | $5.08 M | $3.48 M |
| 2018 | $118.1 M | $30.9 M | $55.08 M | $17.64 M | $14.53 M |
| 2017 | $89.31 M | $10.37 M | $36.79 M | $39.68 M | $42 M |
| 2016 | $56.77 M | $-13,501,000 | $8.82 M | $7.52 M | $3.44 M |
| 2015 | $79.11 M | $-5,292,000 | $15.1 M | $-19,798,000 | $-12,784,000 |
| 2014 | $144.58 M | $53.56 M | $72.88 M | $42.99 M | $27.05 M |
| 2013 | $125.07 M | $38.37 M | $43.52 M | $20.26 M | $12.27 M |
| 2012 | $120.98 M | $40.27 M | $48.48 M | $21.63 M | $15.06 M |
| 2011 | $120.39 M | $66.25 M | $60.06 M | $7.95 M | $4.81 M |
| 2010 | $116.8 M | $67.5 M | $57.28 M | $5.29 M | $2.75 M |
| 2009 | $89.99 M | $41.89 M | $28.14 M | $-34,970,000 | $-23,679,000 |
| 2008 | $169.34 M | $106.77 M | $92.82 M | $600 K | $541 K |
| 2007 | $146.46 M | $97.34 M | $86.09 M | $11.24 M | $7.59 M |
| 2006 | $92.42 M | $54.42 M | $44.68 M | $28.51 M | $18.3 M |
| 2005 | $75.95 M | $43.92 M | $33.43 M | $40.95 M | $25.96 M |
| 2004 | $62.43 M | $31.05 M | $23.52 M | $10.3 M | $7.28 M |
| 2003 | $48.43 M | $20.35 M | $16.45 M | $8.15 M | $5.7 M |
| 2002 | $35.39 M | $11.26 M | $7.4 M | $2.2 M | $1.76 M |
| 2001 | $41.91 M | $17.46 M | $12.57 M | $7.13 M | $5.41 M |
| 2000 | $38.78 M | $17.58 M | $13.25 M | $6.18 M | $5.37 M |
| 1999 | $25.16 M | $10.27 M | $4.41 M | $-2,108,000 | $-2,138,000 |
| 1998 | $24.3 M | $8.6 M | $5.7 M | $-1,900,000 | $-1,700,000 |
| 1997 | $28.6 M | $11.7 M | $8.59 M | $1.1 M | $1000 K |
| 1996 | $23.1 M | $10 M | $6.7 M | $1000 K | $900 K |
| 1995 | $18.1 M | $7.3 M | $4.4 M | $600 K | $500 K |
| 1994 | $17 M | $7 M | $3.5 M | $700 K | $600 K |
| 1993 | $17.2 M | $7.6 M | $3.6 M | $ | $400 K |
| 1992 | $16.9 M | $9.3 M | $4.7 M | $1.3 M | $1.2 M |
| 1991 | $11 M | $6.5 M | $1.8 M | $700 K | $600 K |
| 1990 | $9.7 M | $5.8 M | $1.6 M | $1.8 M | $1.3 M |
| 1989 | $5.8 M | $1.7 M | $1.7 M | $1.1 M | $1000 K |
| 1988 | $1.8 M | $400 K | $400 K | $100 K | $ |
| 1987 | $1.9 M | $200 K | $200 K | $-1,000,000 | $-1,200,000 |
| 1986 | $1.9 M | $600 K | $-300,000 | $-1,100,000 | $-1,300,000 |
| 1985 | $3.7 M | $1.9 M | $700 K | $ | $-600,000 |