PrimeEnergy Resources Corporation (PNRG) financial statements (2021 and earlier)

Company profile

Business Address 9821 KATY FREEWAY
HOUSTON, TX 77024
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1687109
Cash and cash equivalents 1687109
Restricted cash and investments    444
Receivables 14151771017
Prepaid expense 111011
Derivative instruments and hedges, assets 02   17
Disposal group, including discontinued operation      2
Deferred tax assets    (6)
Other current assets 000001
Other undisclosed current assets     1(1)
Total current assets: 162427182444
Noncurrent Assets
Property, plant and equipment 212230220196202220
Oil and gas property, successful effort method      208
Derivative instruments and hedges      0
Other noncurrent assets   0011
Deferred tax assets, net    (38)
Other undisclosed noncurrent assets 11   (169)
Total noncurrent assets: 213231220197203221
TOTAL ASSETS: 229255247215227265
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 132841201832
Accounts payable 71025121216
Accrued liabilities 718168612
Employee-related liabilities      2
Taxes payable      1
Debt  12333
Derivative instruments and hedges, liabilities 102300
Asset retirement obligation 122211
Due to related parties  00  0
Deferred tax liabilities    6
Other undisclosed current liabilities      (3)
Total current liabilities: 163047272339
Noncurrent Liabilities
Long-term debt and lease obligation 546648669398
Long-term debt, excluding current maturities 546648669398
Liabilities, other than long-term debt 205248554849
Asset retirement obligations 202021161011
Deferred tax liabilities, net3325383838
Derivative instruments and hedges, liabilities  021  
Other undisclosed noncurrent liabilities 37111  
Total noncurrent liabilities: 11011997122141148
Total liabilities: 126149144149164187
Stockholders' equity
Stockholders' equity attributable to parent 10010295595670
Common stock 000000
Treasury stock, value (37)(31)(52)(46)(45)(44)
Additional paid in capital 879887
Accumulated other comprehensive loss     (0)(0)
Retained earnings 1291261389693106
Stockholders' equity attributable to noncontrolling interest 347779
Total stockholders' equity: 103106102666378
TOTAL LIABILITIES AND EQUITY: 229255247215227265

Income statement (P&L) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 105118895779145
Revenue, net83546726
Cost of revenue (90)(91)(120)(103)(86)(95)
Cost of goods and services sold (15) (31)(28)(35)(65)
Gross profit: 1527(31)(46)(7)50
Operating expenses (11)(10)3225(11)(9)
Other undisclosed operating income 54413216
Operating income (loss): 9214211(16)47
Nonoperating income
(Investment Income, Nonoperating)
 000000
Interest and debt expense   (2)(4)(4)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (0)
Income (loss) from continuing operations before equity method investments, income taxes: 921408(20)43
Other undisclosed loss from continuing operations before income taxes (4)(3)    
Income (loss) from continuing operations before income taxes: 518408(20)43
Income tax expense (benefit) (1)(3)8(2)7(14)
Net income (loss): 415475(13)29
Net income (loss) attributable to noncontrolling interest (0)(0)(5)(2)0(2)
Net income (loss) available to common stockholders, diluted: 315423(13)27

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 415475(13)29
Other undisclosed comprehensive income    000
Comprehensive income (loss): 415475(13)29
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (0)(0)(5)(2)0(2)
Comprehensive income (loss), net of tax, attributable to parent: 315423(13)27

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: