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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 68710910
Cash and cash equivalents 68710910
Restricted cash and investments   4442
Receivables 15177101718
Prepaid expense 110111
Derivative instruments and hedges, assets 2   170
Disposal group, including discontinued operation     2 
Deferred tax assets    (6) 
Other current assets 000012
Other undisclosed current assets    1(1) 
Total current assets: 242718244433
Noncurrent Assets
Property, plant and equipment 230220196202220208
Oil and gas property, successful effort method     208195
Derivative instruments and hedges     01
Other noncurrent assets  00111
Deferred tax assets, net    (38) 
Other undisclosed noncurrent assets 1   (169)(195)
Total noncurrent assets: 231220197203221210
TOTAL ASSETS: 255247215227265243
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 284120183223
Accounts payable 102512121616
Accrued liabilities 181686127
Employee-related liabilities     2 
Taxes payable     10
Debt 123332
Derivative instruments and hedges, liabilities 023002
Asset retirement obligation 222113
Due to related parties 00  00
Deferred tax liabilities    6 
Other undisclosed current liabilities     (3)(0)
Total current liabilities: 304727233930
Noncurrent Liabilities
Long-term debt and lease obligation 6648669398120
Long-term debt, excluding current maturities 6648669398120
Liabilities, other than long-term debt 524855484939
Asset retirement obligations 20211610117
Deferred tax liabilities, net332538383832
Derivative instruments and hedges, liabilities 021  0
Other undisclosed noncurrent liabilities 111   
Total noncurrent liabilities: 11997122141148159
Total liabilities: 149144149164187190
Stockholders' equity
Stockholders' equity attributable to parent 1029559567045
Common stock 000000
Treasury stock, value (31)(52)(46)(45)(44)(40)
Additional paid in capital 798877
Accumulated other comprehensive loss    (0)(0)(0)
Retained earnings 126138969310679
Stockholders' equity attributable to noncontrolling interest 477798
Total stockholders' equity: 10610266637853
TOTAL LIABILITIES AND EQUITY: 255247215227265243

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 118895779145125
Revenue, net8354672625
Cost of revenue (91)(120)(103)(86)(95)(89)
Cost of goods and services sold  (31)(28)(35)(65)(65)
Gross profit: 27(31)(46)(7)5036
Operating expenses (10)3225(11)(9)(14)
Other undisclosed operating income 44132163
Operating income (loss): 214211(16)4724
Nonoperating income (expense)
(Investment Income, Nonoperating)
 00000(1)
Interest and debt expense  (2)(4)(4)(4)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (0)1
Income (loss) from continuing operations before equity method investments, income taxes: 21408(20)4320
Other undisclosed loss from continuing operations before income taxes (3)     
Income (loss) from continuing operations before income taxes: 18408(20)4320
Income tax expense (benefit) (3)8(2)7(14)(7)
Net income (loss): 15475(13)2913
Net income (loss) attributable to noncontrolling interest (0)(5)(2)0(2)1
Other undisclosed net loss attributable to parent      (2)
Net income (loss) available to common stockholders, diluted: 15423(13)2712

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): 15475(13)2913
Other undisclosed comprehensive income (loss)   000(0)
Comprehensive income (loss): 15475(13)2913
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (0)(5)(2)0(2)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2)
Comprehensive income (loss), net of tax, attributable to parent: 15423(13)2712

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: