Primeenergy Resources (PNRG) Gross Profit (2010 - 2026)
Primeenergy Resources (PNRG) posted quarterly Gross Profit of $38.2 million for Q1 2026, down 20.69% year-over-year from $48.2 million in Q1 2025, and down 23.5% quarter-over-quarter from $50.0 million in Q4 2025.
Primeenergy Resources (PNRG) Gross Profit (2010 - 2026) Analysis & Trends
Primeenergy Resources' Gross Profit history runs 15 years deep, the most recent figure standing at $38.2 million for Q1 2026.
- In Q1 2026, Gross Profit fell 20.69% year-over-year to $38.2 million; the TTM figure through Mar 2026 stood at $172.9 million (down 26.96% YoY), while the FY2025 annual figure was $182.9 million, down 20.04% from the prior year.
- Gross Profit for Q1 2026 stood at $38.2 million, down from $50.0 million in the prior quarter.
- The five-year high for Gross Profit was $66.4 million in Q3 2024, with the low at $19.6 million in Q1 2023.
- The 5-year median for Gross Profit is $40.2 million (2024), against an average of $42.2 million.
- The sharpest annual moves came in 2022 and 2023: Gross Profit surged 217.13% in 2022, then plunged 35.83% in 2023.
- Primeenergy Resources' Gross Profit stood at $54.0 million in 2022, then slumped by 35.83% to $34.7 million in 2023, then jumped by 72.52% to $59.8 million in 2024, then declined by 16.43% to $50.0 million in 2025, then decreased by 23.5% to $38.2 million in 2026.
- Business Quant data shows PNRG's Gross Profit at $38.2 million in Q1 2026, $50.0 million in Q4 2025, and $43.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Primeenergy Resources | 344.95 Mn | 325.58 Mn | 36.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.22 Mn |
| Mar 31, 2026 | 38.22 Mn |
| Dec 31, 2025 | 49.97 Mn |
| Dec 31, 2025 | 49.97 Mn |
| Sep 30, 2025 | 43.94 Mn |
| Sep 30, 2025 | 43.94 Mn |
| Jun 30, 2025 | 40.75 Mn |
| Jun 30, 2025 | 40.75 Mn |
| Mar 31, 2025 | 48.20 Mn |
| Mar 31, 2025 | 48.20 Mn |
| Dec 31, 2024 | 59.79 Mn |
| Dec 31, 2024 | 59.79 Mn |
| Sep 30, 2024 | 66.35 Mn |
| Sep 30, 2024 | 66.35 Mn |
| Jun 30, 2024 | 62.35 Mn |
| Jun 30, 2024 | 62.35 Mn |
| Mar 31, 2024 | 40.19 Mn |
| Mar 31, 2024 | 40.19 Mn |
| Dec 31, 2023 | 34.66 Mn |
| Dec 31, 2023 | 34.66 Mn |