PrimeEnergy Corporation (PNRG) - Total Assets
Based on the latest financial reports, PrimeEnergy Corporation (PNRG) holds total assets worth $332.02 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See PNRG net asset value for net asset value and shareholders' equity analysis.
PrimeEnergy Corporation - Total Assets Trend (1985–2024)
This chart illustrates how PrimeEnergy Corporation's total assets have evolved over time, based on quarterly financial data.
PrimeEnergy Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
PrimeEnergy Corporation's total assets of $332.02 Million consist of 8.7% current assets and 91.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $24.34 Million | 7.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how PrimeEnergy Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see PNRG market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PrimeEnergy Corporation's current assets represent 8.7% of total assets in 2024, a decrease from 18.6% in 1985.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 5.1% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 7.5% of total assets.
PrimeEnergy Corporation Competitors by Total Assets
Key competitors of PrimeEnergy Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Var Energi ASA
OL:VAR
|
Norway | Nkr265.88 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
Delek Group
TA:DLEKG
|
Israel | ILA56.60 Billion |
|
Baytex Energy Corp
TO:BTE
|
Canada | CA$3.35 Billion |
|
NuVista Energy Ltd.
TO:NVA
|
Canada | CA$3.67 Billion |
|
Headwater Exploration Inc
TO:HWX
|
Canada | CA$995.17 Million |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.17 Billion |
|
Cardinal Energy Ltd
TO:CJ
|
Canada | CA$1.40 Billion |
PrimeEnergy Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.53 | 0.54 | 0.63 |
| Quick Ratio | 0.53 | 0.54 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-21.23 Million | $-31.00 Million | $-5.21 Million |
PrimeEnergy Corporation - Advanced Valuation Insights
This section examines the relationship between PrimeEnergy Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.82 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | 12.5% |
| Total Assets | $324.62 Million |
| Market Capitalization | $356.89 Million USD |
Valuation Analysis
Above Book Valuation: The market values PrimeEnergy Corporation's assets above their book value (1.10x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: PrimeEnergy Corporation's assets grew by 12.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PrimeEnergy Corporation (1985–2024)
The table below shows the annual total assets of PrimeEnergy Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $324.62 Million | +12.49% |
| 2023-12-31 | $288.57 Million | +16.76% |
| 2022-12-31 | $247.14 Million | +17.17% |
| 2021-12-31 | $210.91 Million | +5.20% |
| 2020-12-31 | $200.48 Million | -12.59% |
| 2019-12-31 | $229.37 Million | -10.07% |
| 2018-12-31 | $255.05 Million | +3.36% |
| 2017-12-31 | $246.76 Million | +14.96% |
| 2016-12-31 | $214.65 Million | -5.35% |
| 2015-12-31 | $226.79 Million | -14.38% |
| 2014-12-31 | $264.90 Million | +9.05% |
| 2013-12-31 | $242.92 Million | +6.50% |
| 2012-12-31 | $228.09 Million | +23.42% |
| 2011-12-31 | $184.81 Million | -11.22% |
| 2010-12-31 | $208.16 Million | -4.30% |
| 2009-12-31 | $217.52 Million | -18.79% |
| 2008-12-31 | $267.83 Million | -9.54% |
| 2007-12-31 | $296.08 Million | +1.54% |
| 2006-12-31 | $291.59 Million | +166.58% |
| 2005-12-31 | $109.38 Million | +56.43% |
| 2004-12-31 | $69.93 Million | +20.03% |
| 2003-12-31 | $58.26 Million | +29.72% |
| 2002-12-31 | $44.91 Million | +25.39% |
| 2001-12-31 | $35.82 Million | +2.06% |
| 2000-12-31 | $35.09 Million | +15.16% |
| 1999-12-31 | $30.48 Million | +6.56% |
| 1998-12-31 | $28.60 Million | -17.58% |
| 1997-12-31 | $34.70 Million | +5.47% |
| 1996-12-31 | $32.90 Million | +58.94% |
| 1995-12-31 | $20.70 Million | -5.91% |
| 1994-12-31 | $22.00 Million | +7.32% |
| 1993-12-31 | $20.50 Million | +17.14% |
| 1992-12-31 | $17.50 Million | -3.31% |
| 1991-12-31 | $18.10 Million | +13.13% |
| 1990-12-31 | $16.00 Million | +21.21% |
| 1989-12-31 | $13.20 Million | +266.67% |
| 1988-12-31 | $3.60 Million | -2.70% |
| 1987-12-31 | $3.70 Million | -24.49% |
| 1986-12-31 | $4.90 Million | -16.95% |
| 1985-12-31 | $5.90 Million | -- |
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. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contra… Read more