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| 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 |