PrimeEnergy Resources Corporation Reports 2025 Year-End Results; Strengthens Balance Sheet and Drives Long-Term Per-Share Value

PrimeEnergy Resources reported financial and operating results for the year ended December 31, 2025, citing strong performance in natural gas and natural gas liquids (NGL), continued balance sheet strength, and disciplined capital allocation.

Revenue and earnings

Total revenue for 2025 was $189.1 million, down from $237.8 million in 2024. Net income totaled $26.3 million, or $15.85 per basic share, compared with $55.4 million, or $31.43 per basic share, in the prior year.

The company said the decline in revenue and earnings was primarily driven by lower realized oil and NGL prices, partially offset by increased natural gas production and higher natural gas prices. It noted that oil remains its largest revenue contributor and that lower realized oil prices were the primary driver of the year-over-year revenue decrease.

Operational performance

PrimeEnergy reported that natural gas production increased 26.5% to 9.8 Bcf, while NGL production rose 28.5% to 1.66 million barrels. Oil production declined 10.6% to 2.29 million barrels.

Realized pricing changes also shaped results: realized natural gas prices increased 77.3%, while realized oil and NGL prices declined 16.5% and 24.4%, respectively. The company said natural gas revenue increased materially year-over-year, partially offsetting declines in oil and NGL revenue.

Balance sheet and liquidity

PrimeEnergy ended 2025 with a strong financial and liquidity position, including zero outstanding bank debt and full availability under its $115 million reserve-based credit facility.

Capital allocation and shareholder returns

Chairman and CEO Charles Drimal said the company’s 2025 results reflected commodity price volatility, particularly in oil and NGL markets, while demonstrating execution of its strategy. He noted that PrimeEnergy maintained a strong balance sheet, grew its reserve base, and generated over $100 million of cash available for reinvestment in the business for the second consecutive year.

Drimal also highlighted the company’s long-standing share repurchase program as a central component of its capital allocation framework. He said PrimeEnergy reduced its shares outstanding from approximately 7.6 million to 1.6 million, increasing each shareholder’s ownership in the company’s assets and cash flow.

Company overview

PrimeEnergy Resources Corporation is an independent oil and natural gas company engaged in acquiring, developing and producing oil and natural gas, and providing oilfield services, primarily in Texas. Its common stock trades on the Nasdaq Stock Market under the symbol PNRG.

Forward-looking statements

The company included standard forward-looking statement language indicating that statements based on management’s expectations, estimates and projections involve risks and uncertainties. It cautioned that actual results may differ materially due to factors including drilling cost overruns, volatility of oil and gas prices, competition, risks inherent in oil and gas operations, limitations in interpreting seismic and geological data, reserve estimate imprecision, and the ability to replace and expand reserves.