Primeenergy Resources (PNRG) Asset Utilization Ratio (2011 - 2026)
Primeenergy Resources' (PNRG) quarterly Asset Utilization Ratio came in at 0.55 in Q1 2026, down 25.14% year-on-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.
- On a quarterly basis, Asset Utilization Ratio fell 25.14% year-over-year to 0.55 in Q1 2026; TTM through Mar 2026 was 0.55, a 25.14% decrease from a year earlier, with the FY2025 full-year figure at 0.58, down 24.83% from the prior year.
- Asset Utilization Ratio retreated to 0.55 in Q1 2026 per PNRG's latest filing, from 0.58 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.74 in Q1 2025 and bottomed at 0.41 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.61 (2023), against an average of 0.59.
- Across the five-year window, Asset Utilization Ratio jumped 127.1% in 2022 and dropped 28.27% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.68 in 2022, then fell by 28.27% to 0.49 in 2023, then soared by 44.84% to 0.71 in 2024, then declined by 18.77% to 0.58 in 2025, then fell by 4.21% to 0.55 in 2026.
- Per Business Quant, the three latest PNRG Asset Utilization Ratio figures stand at 0.55 (Q1 2026), 0.58 (Q4 2025), and 0.59 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.47 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.45 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.24 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.23 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.50 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.53 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.50 |
| 10 | Primeenergy Resources | 301.06 Mn | 281.68 Mn | 38.22 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |