PrimeEnergy Corporation (PNRG) - Net Assets
Based on the latest financial reports, PrimeEnergy Corporation (PNRG) has net assets worth $215.69 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($323.89 Million) and total liabilities ($108.21 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PrimeEnergy Corporation (PNRG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $215.69 Million |
| % of Total Assets | 66.59% |
| Annual Growth Rate | 11.37% |
| 5-Year Change | 117.66% |
| 10-Year Change | 227.39% |
| Growth Volatility | 74.21 |
PrimeEnergy Corporation - Net Assets Trend (1985–2025)
This chart illustrates how PrimeEnergy Corporation's net assets have evolved over time, based on quarterly financial data. See PNRG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PrimeEnergy Corporation (1985–2025)
The table below shows the annual net assets of PrimeEnergy Corporation from 1985 to 2025. For live valuation and market cap data, see PNRG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $215.69 Million | +6.29% |
| 2024-12-31 | $202.93 Million | +26.08% |
| 2023-12-31 | $160.95 Million | +14.68% |
| 2022-12-31 | $140.35 Million | +41.64% |
| 2021-12-31 | $99.09 Million | +1.12% |
| 2020-12-31 | $98.00 Million | -5.19% |
| 2019-12-31 | $103.36 Million | -2.49% |
| 2018-12-31 | $106.00 Million | +3.48% |
| 2017-12-31 | $102.44 Million | +55.49% |
| 2016-12-31 | $65.88 Million | +4.74% |
| 2015-12-31 | $62.90 Million | -19.63% |
| 2014-12-31 | $78.26 Million | +47.28% |
| 2013-12-31 | $53.14 Million | +20.22% |
| 2012-12-31 | $44.20 Million | +23.63% |
| 2011-12-31 | $35.75 Million | +8.06% |
| 2010-12-31 | $33.09 Million | -2.07% |
| 2009-12-31 | $33.79 Million | -43.63% |
| 2008-12-31 | $59.93 Million | +16.15% |
| 2007-12-31 | $51.60 Million | -7.88% |
| 2006-12-31 | $56.01 Million | +40.96% |
| 2005-12-31 | $39.74 Million | +117.89% |
| 2004-12-31 | $18.24 Million | +35.73% |
| 2003-12-31 | $13.44 Million | +60.43% |
| 2002-12-31 | $8.38 Million | +13.74% |
| 2001-12-31 | $7.36 Million | +47.97% |
| 2000-12-31 | $4.98 Million | +432.76% |
| 1999-12-31 | $934.00K | -74.06% |
| 1998-12-31 | $3.60 Million | -45.45% |
| 1997-12-31 | $6.60 Million | +1.54% |
| 1996-12-31 | $6.50 Million | -8.45% |
| 1995-12-31 | $7.10 Million | -6.58% |
| 1994-12-31 | $7.60 Million | +2.70% |
| 1993-12-31 | $7.40 Million | +2.78% |
| 1992-12-31 | $7.20 Million | +16.13% |
| 1991-12-31 | $6.20 Million | -6.06% |
| 1990-12-31 | $6.60 Million | +24.53% |
| 1989-12-31 | $5.30 Million | +96.30% |
| 1988-12-31 | $2.70 Million | 0.00% |
| 1987-12-31 | $2.70 Million | +42.11% |
| 1986-12-31 | $1.90 Million | -34.48% |
| 1985-12-31 | $2.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PrimeEnergy Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29158500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $287.38 Million | 133.24% |
| Common Stock | $281.00K | 0.13% |
| Total Equity | $215.69 Million | 100.00% |
PrimeEnergy Corporation Competitors by Market Cap
The table below lists competitors of PrimeEnergy Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Legato Merger Corp. III
NYSE MKT:LEGT
|
$285.86 Million |
|
Chlitina Holding Ltd
TW:4137
|
$285.89 Million |
|
Quad Graphics Inc
NYSE:QUAD
|
$286.08 Million |
|
Shenzhen Institute of Building Research Co Ltd Class A
SHE:300675
|
$286.09 Million |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
$285.54 Million |
|
Wam Microcap Ltd
AU:WMI
|
$285.49 Million |
|
Sappe Public Company Limited
BK:SAPPE
|
$285.30 Million |
|
Garanti Faktoring AS
IS:GARFA
|
$285.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PrimeEnergy Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 202,925,000 to 215,685,000, a change of 12,760,000 (6.3%).
- Net income of 26,312,000 contributed positively to equity growth.
- Share repurchases of 13,552,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.31 Million | +12.2% |
| Share Repurchases | $13.55 Million | -6.28% |
| Total Change | $- | 6.29% |
Book Value vs Market Value Analysis
This analysis compares PrimeEnergy Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 146.07x to 1.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.21 | $176.50 | x |
| 1986-12-31 | $0.72 | $176.50 | x |
| 1987-12-31 | $0.47 | $176.50 | x |
| 1988-12-31 | $0.48 | $176.50 | x |
| 1989-12-31 | $0.79 | $176.50 | x |
| 1990-12-31 | $0.86 | $176.50 | x |
| 1991-12-31 | $0.93 | $176.50 | x |
| 1992-12-31 | $1.08 | $176.50 | x |
| 1993-12-31 | $1.11 | $176.50 | x |
| 1994-12-31 | $1.14 | $176.50 | x |
| 1995-12-31 | $1.14 | $176.50 | x |
| 1996-12-31 | $1.14 | $176.50 | x |
| 1997-12-31 | $1.25 | $176.50 | x |
| 1998-12-31 | $0.80 | $176.50 | x |
| 1999-12-31 | $0.21 | $176.50 | x |
| 2000-12-31 | $1.00 | $176.50 | x |
| 2001-12-31 | $1.61 | $176.50 | x |
| 2002-12-31 | $1.91 | $176.50 | x |
| 2003-12-31 | $3.09 | $176.50 | x |
| 2004-12-31 | $4.26 | $176.50 | x |
| 2005-12-31 | $9.60 | $176.50 | x |
| 2006-12-31 | $13.45 | $176.50 | x |
| 2007-12-31 | $13.14 | $176.50 | x |
| 2008-12-31 | $12.92 | $176.50 | x |
| 2009-12-31 | $7.88 | $176.50 | x |
| 2010-12-31 | $6.53 | $176.50 | x |
| 2011-12-31 | $10.28 | $176.50 | x |
| 2012-12-31 | $11.09 | $176.50 | x |
| 2013-12-31 | $14.27 | $176.50 | x |
| 2014-12-31 | $22.35 | $176.50 | x |
| 2015-12-31 | $24.10 | $176.50 | x |
| 2016-12-31 | $21.63 | $176.50 | x |
| 2017-12-31 | $34.58 | $176.50 | x |
| 2018-12-31 | $35.87 | $176.50 | x |
| 2019-12-31 | $37.17 | $176.50 | x |
| 2020-12-31 | $48.70 | $176.50 | x |
| 2021-12-31 | $36.11 | $176.50 | x |
| 2022-12-31 | $51.77 | $176.50 | x |
| 2023-12-31 | $61.70 | $176.50 | x |
| 2024-12-31 | $80.40 | $176.50 | x |
| 2025-12-31 | $89.04 | $176.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PrimeEnergy Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.15%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.50x
- Recent ROE (12.20%) is above the historical average (6.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -20.69% | -16.22% | 0.63x | 2.03x | $-890.00K |
| 1986 | -68.42% | -68.42% | 0.39x | 2.58x | $-1.49 Million |
| 1987 | -44.44% | -63.16% | 0.51x | 1.37x | $-1.47 Million |
| 1989 | 18.87% | 17.24% | 0.44x | 2.49x | $470.00K |
| 1990 | 19.70% | 13.40% | 0.61x | 2.42x | $640.00K |
| 1991 | 9.68% | 5.45% | 0.61x | 2.92x | $-20.00K |
| 1992 | 16.67% | 7.10% | 0.97x | 2.43x | $480.00K |
| 1993 | 5.41% | 2.33% | 0.84x | 2.77x | $-340.00K |
| 1994 | 7.89% | 3.53% | 0.77x | 2.89x | $-160.00K |
| 1995 | 7.04% | 2.76% | 0.87x | 2.92x | $-210.00K |
| 1996 | 13.85% | 3.90% | 0.70x | 5.06x | $250.00K |
| 1997 | 15.15% | 3.50% | 0.82x | 5.26x | $340.00K |
| 1998 | -47.22% | -7.00% | 0.85x | 7.94x | $-2.06 Million |
| 1999 | -228.91% | -8.50% | 0.83x | 32.63x | $-2.23 Million |
| 2000 | 107.82% | 13.83% | 1.11x | 7.05x | $4.87 Million |
| 2001 | 73.52% | 12.92% | 1.17x | 4.86x | $4.68 Million |
| 2002 | 20.98% | 4.97% | 0.79x | 5.36x | $919.50K |
| 2003 | 42.44% | 11.77% | 0.83x | 4.34x | $4.36 Million |
| 2004 | 39.89% | 11.69% | 0.89x | 3.83x | $5.45 Million |
| 2005 | 65.32% | 34.04% | 0.70x | 2.75x | $21.98 Million |
| 2006 | 33.46% | 19.90% | 0.32x | 5.33x | $12.83 Million |
| 2007 | 14.71% | 5.18% | 0.49x | 5.74x | $2.43 Million |
| 2008 | 1.10% | 0.32% | 0.63x | 5.43x | $-4.39 Million |
| 2009 | -98.90% | -25.21% | 0.43x | 9.09x | $-26.07 Million |
| 2010 | 11.51% | 2.36% | 0.56x | 8.70x | $361.00K |
| 2011 | 13.46% | 4.00% | 0.65x | 5.17x | $1.24 Million |
| 2012 | 40.40% | 12.87% | 0.51x | 6.12x | $11.33 Million |
| 2013 | 27.01% | 9.66% | 0.52x | 5.35x | $7.73 Million |
| 2014 | 38.85% | 21.32% | 0.48x | 3.81x | $20.08 Million |
| 2015 | -22.94% | -17.08% | 0.33x | 4.07x | $-18.36 Million |
| 2016 | 5.23% | 5.71% | 0.28x | 3.26x | $-3.14 Million |
| 2017 | 41.00% | 47.23% | 0.36x | 2.41x | $31.75 Million |
| 2018 | 14.24% | 12.43% | 0.46x | 2.50x | $4.33 Million |
| 2019 | 3.36% | 3.19% | 0.48x | 2.22x | $-6.86 Million |
| 2020 | -2.38% | -4.42% | 0.26x | 2.06x | $-12.03 Million |
| 2021 | 2.12% | 2.55% | 0.39x | 2.13x | $-7.81 Million |
| 2022 | 34.67% | 52.18% | 0.38x | 1.76x | $34.63 Million |
| 2023 | 17.46% | 22.82% | 0.43x | 1.79x | $12.01 Million |
| 2024 | 27.30% | 23.69% | 0.72x | 1.60x | $35.11 Million |
| 2025 | 12.20% | 14.15% | 0.57x | 1.50x | $4.74 Million |
Industry Comparison
This section compares PrimeEnergy Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,939,262,830
- Average return on equity (ROE) among peers: -34.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PrimeEnergy Corporation (PNRG) | $215.69 Million | -20.69% | 0.50x | $285.58 Million |
| Amplify Energy Corp (AMPY) | $-64.84 Million | 0.00% | 0.00x | $165.14 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $105.31 Million |
| APA Corporation (APA) | $6.53 Billion | 17.17% | 0.90x | $12.11 Billion |
| Antero Resources Corp (AR) | $8.88 Billion | 6.93% | 0.72x | $10.51 Billion |
| Battalion Oil Corp (BATL) | $-526.00K | 0.00% | 0.00x | $31.10 Million |
| BKV Corporation (BKV) | $1.20 Billion | 34.29% | 1.26x | $2.65 Billion |
| Barnwell Industries Inc (BRN) | $19.95 Million | 3.37% | 1.75x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $2.30 Billion | -0.87% | 1.22x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $488.04 Million | 18.79% | 1.46x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $48.45 Million | 0.00% | 0.73x | $5.96 Billion |
About PrimeEnergy Corporation
PrimeEnergy Resources Corporation, through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States. The company owns leasehold, mineral, and royalty interests in producing and non-producing oil and gas properties; and operates wells and owns non-operating interests and royalties. It also acquires producing oil and gas properties… Read more