Primeenergy Resources (PNRG) Gross Margin (2010 - 2026)
Primeenergy Resources (PNRG) recorded quarterly Gross Margin of 97.0% in Q1 2026, down 0.91% quarter-over-quarter from 97.89% in Q4 2025, and up 72.0% on a YoY basis from 56.4% in Q1 2025.
Primeenergy Resources (PNRG) Gross Margin (2010 - 2026) Analysis & Trends
Primeenergy Resources' Gross Margin history runs 17 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 was 97.0% for Q1 2026 at Primeenergy Resources, down from 97.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 98.78% in Q4 2024 to a low of 86.12% in Q1 2023.
- Historically, Gross Margin has averaged 94.1% across 5 years, with a median of 95.53% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1011 bps in 2022, then sank 339 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 95.8% in 2022, then slipped by 1 bps to 94.43% in 2023, then gained by 5 bps to 98.78% in 2024, then retreated by 1 bps to 97.89% in 2025, then decreased by 1 bps to 97.0% in 2026.
- The last three Gross Margin figures came in at 97.0% (Q1 2026), 97.89% (Q4 2025), and 95.59% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Primeenergy Resources | 295.88 Mn | 276.51 Mn | 38.22 Mn | 97.00% |
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% |