Primeenergy Resources (PNRG) Gross Margin (2010 - 2026)
Primeenergy Resources (PNRG) posted quarterly Gross Margin of 97.0% for Q1 2026, up 72.0% year-over-year from 56.4% in Q1 2025, and down 0.91% quarter-over-quarter from 97.89% in Q4 2025.
Primeenergy Resources (PNRG) Gross Margin (2010 - 2026) Analysis & Trends
Primeenergy Resources' Gross Margin history runs 15 years deep, the most recent figure standing at 97.0% for Q1 2026.
- In Q1 2026, Gross Margin rose 72.0% year-over-year to 97.0%; the TTM figure through Mar 2026 stood at 96.91% (up 24.0% YoY), while the FY2025 annual figure was 96.72%, up 55.0% from the prior year.
- Gross Margin for Q1 2026 stood at 97.0%, down from 97.89% in the prior quarter.
- The five-year high for Gross Margin was 98.78% in Q4 2024, with the low at 86.12% in Q1 2023.
- The 5-year median for Gross Margin is 95.53% (2024), against an average of 94.1%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 1011 bps in 2022, then plunged 339 bps in 2023.
- Primeenergy Resources' Gross Margin stood at 95.8% in 2022, then decreased by 1 bps to 94.43% in 2023, then rose by 5 bps to 98.78% in 2024, then fell by 1 bps to 97.89% in 2025, then retreated by 1 bps to 97.0% in 2026.
- Business Quant data shows PNRG's Gross Margin at 97.0% in Q1 2026, 97.89% in Q4 2025, and 95.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.03 Bn | 156.34 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.63 Bn | 104.74 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.36 Bn | 75.45 Bn | - | - |
| 4 | Diamondback Energy | 59.18 Bn | 58.72 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.14 Bn | 45.13 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 46.13 Bn | 40.19 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.79 Bn | 33.68 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Primeenergy Resources | 341.68 Mn | 322.31 Mn | 36.21 Mn | 91.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.00% |
| Dec 31, 2025 | 97.89% |
| Sep 30, 2025 | 95.59% |
| Jun 30, 2025 | 97.06% |
| Mar 31, 2025 | 96.29% |
| Dec 31, 2024 | 98.78% |
| Sep 30, 2024 | 95.53% |
| Jun 30, 2024 | 96.19% |
| Mar 31, 2024 | 93.48% |
| Dec 31, 2023 | 94.43% |
| Sep 30, 2023 | 91.57% |
| Jun 30, 2023 | 90.57% |
| Mar 31, 2023 | 86.12% |
| Dec 31, 2022 | 95.80% |
| Sep 30, 2022 | 93.21% |
| Jun 30, 2022 | 90.60% |
| Mar 31, 2022 | 89.51% |
| Dec 31, 2021 | 90.15% |
| Sep 30, 2021 | 83.10% |
| Jun 30, 2021 | 84.66% |