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

About this update from Primeenergy Resources Corporation

[{"type":"text","content":"HOUSTON, April 16, 2026 (GLOBE NEWSWIRE) -- PrimeEnergy Resources (the “Company”) today reported financial and operating results for the year ended December 31, 2025, highlighting strong operational performance in natural gas and natural gas liquids (“NGL”), continued balance sheet strength, and disciplined capital allocation.","length":328,"tagName":"p"},{"type":"text","content":"Total revenue for 2025 was $189.1 million, compared to $237.8 million in 2024. Net income totaled $26.3 million, or $15.85 per basic share, compared to $55.4 million, or $31.43 per basic share, in the prior year. The decrease 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. Oil remains the Company’s largest revenue contributor, and lower realized oil prices were the primary driver of the year-over-year decline in revenue.","length":543,"tagName":"p"},{"type":"text","content":"The Company reported strong operational performance during 2025, with natural gas production increasing 26.5% to 9.8 Bcf and NGL production increasing 28.5% to 1.66 million barrels. Oil production declined 10.6% to 2.29 million barrels. Realized natural gas prices increased 77.3%, while oil and NGL prices declined 16.5% and 24.4%, respectively. As a result, natural gas revenue increased materially year-over-year, partially offsetting declines in oil and NGL revenue.","length":470,"tagName":"p"},{"type":"text","content":"The Company 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.","length":183,"tagName":"p"},{"type":"text","content":"“Our 2025 results reflect the impact of commodity price volatility, particularly in oil and NGL markets, while also demonstrating continued execution of our strategy,” said Chairman and CEO, Charles Drimal. “We maintained a strong balance sheet, grew our reserve base, and, for the second consecutive year, generated over $100 million of cash available for reinvestment in our business. Importantly, our long-standing share repurchase program remains a central component of our capital allocation framework. Over time, we have reduced our shares outstanding from approximately 7.6 million to 1.6 million, significantly inc...

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