Short answer
PRIMEENERGY RESOURCES CORP (PNRG) filed its Q1 2026 10-Q quarterly report on May 20, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $39M (down 21.3% year over year) with net income of $4M.
Q1 2026 key financials · XBRL
- Revenue
- $39M
- −21.3% YoY
- Net income
- $4M
- −52.5% YoY
- EPS (diluted)
- $1.82
- −51.1% YoY
Source: XBRL data from the PRIMEENERGY RESOURCES CORP (PNRG) Q1 2026 10-Q on SEC EDGAR. USD.
PRIMEENERGY RESOURCES CORP Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Oil, gas and NGL revenue $39.5M, down 16.30% YoY from $47.2M
- Net income $4.3M vs $9.1M YoY; EPS $2.67 vs $5.40
- Oil strongest product: revenue $35.4M, up 8.28% YoY
- Gas weakest product: revenue negative $1.0M vs $6.0M YoY
- 2026 capital budget tied to commodity prices and operating cash flow, with shortfalls funded by revolver borrowings
Risk Factors
- No new or changed risk factors; Item 1A omitted because PrimeEnergy qualifies as a smaller reporting company
- Credit risk: Fifth Amendment to credit agreement effective February 24, 2026
- Liquidity risk: 14,500 shares repurchased for $2.6 million during the quarter
- Capital-allocation risk: 3,928,546 shares repurchased for $119.6 million through March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PRIMEENERGY RESOURCES CORP quarterly reports
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