PrimeEnergy Resources Past Earnings Performance
Past criteria checks 4/6
PrimeEnergy Resources has been growing earnings at an average annual rate of 52.1%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 17.5% per year. PrimeEnergy Resources's return on equity is 28.9%, and it has net margins of 28.1%.
Key information
52.1%
Earnings growth rate
53.7%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 17.5% |
| Return on equity | 28.9% |
| Net Margin | 28.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think PrimeEnergy Resources (NASDAQ:PNRG) Might Have The DNA Of A Multi-Bagger
Nov 07
Investors Still Aren't Entirely Convinced By PrimeEnergy Resources Corporation's (NASDAQ:PNRG) Earnings Despite 26% Price Jump
Oct 10Solid Earnings May Not Tell The Whole Story For PrimeEnergy Resources (NASDAQ:PNRG)
Aug 21Returns On Capital Are A Standout For PrimeEnergy Resources (NASDAQ:PNRG)
Apr 13PrimeEnergy Resources GAAP EPS of $4.02, revenue of $35.7M
Aug 19Is PrimeEnergy Resources (NASDAQ:PNRG) Using Too Much Debt?
Mar 15PrimeEnergy Resources reports Q3 results
Nov 25Revenue & Expenses Breakdown
How PrimeEnergy Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 210 | 59 | 18 | 0 |
| 30 Jun 24 | 179 | 48 | 17 | 0 |
| 31 Mar 24 | 144 | 38 | 16 | 0 |
| 31 Dec 23 | 124 | 28 | 16 | 0 |
| 30 Sep 23 | 112 | 36 | 17 | 0 |
| 30 Jun 23 | 114 | 38 | 17 | 0 |
| 31 Mar 23 | 123 | 39 | 17 | 0 |
| 31 Dec 22 | 137 | 49 | 20 | 0 |
| 30 Sep 22 | 143 | 42 | 14 | 0 |
| 30 Jun 22 | 126 | 28 | 14 | 0 |
| 31 Mar 22 | 105 | 15 | 14 | 0 |
| 31 Dec 21 | 82 | 2 | 9 | 0 |
| 30 Sep 21 | 66 | -7 | 8 | 0 |
| 30 Jun 21 | 58 | 0 | 9 | 0 |
| 31 Mar 21 | 48 | -4 | 9 | 0 |
| 31 Dec 20 | 52 | -2 | 15 | 0 |
| 30 Sep 20 | 62 | -2 | 16 | 0 |
| 30 Jun 20 | 76 | -6 | 16 | 0 |
| 31 Mar 20 | 97 | 6 | 16 | 0 |
| 31 Dec 19 | 109 | 3 | 16 | 0 |
| 30 Sep 19 | 111 | 13 | 15 | 0 |
| 30 Jun 19 | 118 | 15 | 15 | 0 |
| 31 Mar 19 | 116 | 8 | 14 | 0 |
| 31 Dec 18 | 117 | 15 | 14 | 0 |
| 30 Sep 18 | 124 | 28 | 14 | 0 |
| 30 Jun 18 | 109 | 22 | 14 | 0 |
| 31 Mar 18 | 102 | 23 | 14 | 0 |
| 31 Dec 17 | 89 | 42 | 10 | 0 |
| 30 Sep 17 | 72 | 19 | 8 | 0 |
| 30 Jun 17 | 71 | 25 | 8 | 0 |
| 31 Mar 17 | 65 | 28 | 7 | 0 |
| 31 Dec 16 | 60 | 3 | 8 | 0 |
| 30 Sep 16 | 59 | -5 | 10 | 0 |
| 30 Jun 16 | 60 | -10 | 10 | 0 |
| 31 Mar 16 | 68 | -15 | 11 | 0 |
| 31 Dec 15 | 75 | -13 | 12 | 0 |
| 30 Sep 15 | 86 | 8 | 12 | 0 |
| 30 Jun 15 | 100 | 19 | 13 | 0 |
| 31 Mar 15 | 114 | 24 | 13 | 0 |
| 31 Dec 14 | 127 | 27 | 14 | 0 |
| 30 Sep 14 | 131 | 19 | 16 | 0 |
| 30 Jun 14 | 134 | 10 | 16 | 0 |
| 31 Mar 14 | 132 | 13 | 17 | 0 |
| 31 Dec 13 | 127 | 12 | 17 | 0 |
Quality Earnings: PNRG has a high level of non-cash earnings.
Growing Profit Margin: PNRG's current net profit margins (28.1%) are lower than last year (31.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PNRG's earnings have grown significantly by 52.1% per year over the past 5 years.
Accelerating Growth: PNRG's earnings growth over the past year (65.7%) exceeds its 5-year average (52.1% per year).
Earnings vs Industry: PNRG earnings growth over the past year (65.7%) exceeded the Oil and Gas industry -15.3%.
Return on Equity
High ROE: PNRG's Return on Equity (28.9%) is considered high.