Primeenergy Resources PNRG
NASDAQ PNRG
$212.65 -1.32 (-0.62%)
At close: Aug 21, 2026 · 4:00 PM EDT

Primeenergy Resources (PNRG) Asset Utilization Ratio (2011 - 2026)

Primeenergy Resources (PNRG) posted quarterly Asset Utilization Ratio of 0.55 for Q1 2026, down 25.14% year-over-year from 0.74 in Q1 2025, and down 4.21% quarter-over-quarter from 0.58 in Q4 2025.

Primeenergy Resources (PNRG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Primeenergy Resources' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.55 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 25.14% year-over-year to 0.55; the TTM figure through Mar 2026 stood at 0.55 (down 25.14% YoY), while the FY2025 annual figure was 0.58, down 24.83% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.55, down from 0.58 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.74 in Q1 2025, with the low at 0.41 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.61 (2023), against an average of 0.59.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 127.1% in 2022, then retreated 28.27% in 2023.
  • Primeenergy Resources' Asset Utilization Ratio stood at 0.68 in 2022, then declined by 28.27% to 0.49 in 2023, then surged by 44.84% to 0.71 in 2024, then dropped by 18.77% to 0.58 in 2025, then declined by 4.21% to 0.55 in 2026.
  • Business Quant data shows PNRG's Asset Utilization Ratio at 0.55 in Q1 2026, 0.58 in Q4 2025, and 0.59 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 0.53
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn -
3 Eog Resources 80.47 Bn 75.56 Bn - 0.50
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 0.24
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn -
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 0.39
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 0.27
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 0.23
9 Texas Pacific Land 26.50 Bn 26.25 Bn - 0.50
10 Primeenergy Resources 344.95 Mn 325.58 Mn 36.21 Mn 0.55

Historic Data

Download Data
DateValue
Mar 31, 2026 0.55
Dec 31, 2025 0.58
Sep 30, 2025 0.59
Jun 30, 2025 0.65
Mar 31, 2025 0.74
Dec 31, 2024 0.71
Sep 30, 2024 0.63
Jun 30, 2024 0.55
Mar 31, 2024 0.49
Dec 31, 2023 0.49
Sep 30, 2023 0.61
Jun 30, 2023 0.64
Mar 31, 2023 0.63
Dec 31, 2022 0.68
Sep 30, 2022 0.63
Jun 30, 2022 0.53
Mar 31, 2022 0.41
Dec 31, 2021 0.35
Sep 30, 2021 0.28
Jun 30, 2021 0.25