← PRIMEENERGY RESOURCES CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $3.4m |
$42.0m
+1119.45%
|
$14.5m
-65.41%
|
$3.5m
-76.08%
|
($2.3m)
-166.63%
|
$2.1m
+190.59%
|
$48.7m
+2219.54%
|
$28.1m
-42.25%
|
$55.4m
+97.15%
|
$26.3m
-52.51%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $5.4m | $47.4m | $14.7m | $3.7m | ($2.4m) | $2.1m | $48.7m | $28.1m | $55.4m | $26.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.0m | $5.4m | $136k | $183k | ($47k) | $28k | $0 | — | — | — | — | |
| Depreciation, Depletion and Amortization | $30.2m | $36.1m | $37.7m | $36.2m | $28.2m | $26.3m | $28.1m | $31.0m | $76.5m | $75.7m | $72.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $27.4m | $31.0m | $76.5m | $75.7m | $72.1m | |
| Deferred Income Tax Expense (Benefit) | $147k | ($12.5m) | $7.9m | $3.1m | ($1.5m) | $2.4m | $1.2m | $7.3m | $6.2m | $2.1m | ($3.0m) | |
| Provision for deferred income taxes | $147k | ($12.5m) | $7.9m | $3.1m | $443k | $2.4m | $1.2m | $7.3m | $6.2m | $2.1m | — | |
| Deferred Tax | — | — | — | — | — | — | $1.2m | $7.3m | $6.2m | $2.1m | ($3.0m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($8.4m) | $51.8m | ($19.2m) | ($6.8m) | ($18.0m) | |
| Increase (Decrease) in Accounts Receivable | ($2.1m) | $9.6m | ($2.0m) | ($601k) | ($7.1m) | $7.0m | ($2.1m) | $8.5m | $3.8m | ($4.8m) | $3.7m | |
| Accounts receivable | $2.1m | ($9.6m) | $2.0m | $601k | $7.1m | ($7.0m) | $2.1m | ($8.5m) | ($3.8m) | $4.8m | $3.7m | |
| Change In Receivables | — | — | — | — | — | — | $1.7m | ($8.1m) | ($3.8m) | $4.8m | $3.7m | |
| Changes In Account Receivables | — | — | — | — | — | — | $2.1m | ($8.5m) | ($3.8m) | $4.8m | $3.7m | |
| Increase (Decrease) in Inventories | ($61k) | $9k | ($11k) | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | ($390k) | $12.7m | ($15.1m) | ($2.9m) | ($1.4m) | $2.1m | $4.2m | $4.0m | $905k | ($5.4m) | ($6.8m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $22.0m | $26.9m | ($14.7m) | ($11.6m) | ($6.8m) | |
| Accrued liabilities | $2.1m | $8.1m | $2.1m | ($11.6m) | ($49k) | $1.0m | $17.9m | $22.9m | ($15.5m) | ($6.2m) | ($14.8m) | |
| Increase(decrease) in accrued capital expenditures for oil and natural gas properties | — | — | — | — | — | — | — | — | $25.7m | ($707k) | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $17.9m | $22.9m | ($15.5m) | ($6.2m) | ($14.8m) | |
| Other current assets | — | — | — | — | — | $64k | $2k | — | $27k | $6k | $158k | |
| Other assets | — | — | — | — | — | $0 | $100k | $673k | $521k | ($271k) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $102k | $673k | $548k | ($265k) | $158k | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($151k) | ($468k) | ($28k) | ($392k) | ($813k) | |
| Net Cash Provided by (Used in) Operating Activities | $11.0m |
$40.1m
+264.44%
|
$39.1m
-2.60%
|
$27.2m
-30.35%
|
$16.4m
-39.81%
|
$28.6m
+74.72%
|
$33.1m
+15.76%
|
$109.0m
+229.08%
|
$115.9m
+6.32%
|
$96.7m
-16.54%
|
$74.6m
-22.88%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $32.4m | $41.3m | $3.7m | $4.6m | $15.8m | $1.5m | $31.8m | — | $3.7m | $1.6m | $932k | |
| Property expenditures | — | — | — | — | — | — | — | — | ($119.2m) | ($76.0m) | — | |
| Proceeds from sale of properties and equipment | $35.2m | $46.2m | $3.2m | $4.6m | $10.9m | $1.5m | $31.4m | $8.1m | $4.2m | $1.6m | — | |
| Capital Expenditure | — | — | — | — | — | — | ($16.0m) | ($113.8m) | ($119.2m) | ($76.0m) | ($42.8m) | |
| Net Cash Provided by (Used in) Investing Activities | $14.4m | — | ($43.8m) | ($13.5m) | $339k | ($19.2m) | $15.5m | ($105.7m) | ($115.0m) | ($74.3m) | ($41.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from long-term bank debt | $13.5m | $64.9m | $55.8m | $25.0m | $6.8m | $11.2m | $11.0m | — | $110.5m | $111.5m | — | |
| Repayment of long-term bank debt and other long-term obligations | ($39.9m) | ($82.6m) | ($42.0m) | ($37.7m) | ($22.0m) | ($10.2m) | ($36.0m) | ($11.3m) | ($106.5m) | ($115.5m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $11.0m | $0 | $110.5m | $111.5m | $87.5m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $11.0m | $0 | $110.5m | $111.5m | $87.5m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($36.0m) | ($11.3m) | ($106.5m) | ($115.5m) | ($94.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($25.0m) | ($11.3m) | $4.0m | ($4.0m) | ($6.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($25.0m) | ($11.3m) | $4.0m | ($4.0m) | ($6.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($36.0m) | ($11.3m) | ($106.5m) | ($115.5m) | ($94.0m) | |
| Payments for Repurchase of Common Stock | $1.1m | $5.7m | $8.0m | $5.5m | $710k | $145k | $7.4m | $7.5m | $13.4m | $13.6m | — | |
| Common Stock Payments | — | — | — | — | — | — | ($7.4m) | ($7.5m) | ($13.4m) | ($13.6m) | ($9.1m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($7.4m) | ($7.5m) | ($13.4m) | ($13.6m) | ($9.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($7.4m) | ($7.5m) | ($13.4m) | ($13.6m) | ($9.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($28.6m) |
($28.6m)
-0.28%
|
$2.7m
+109.25%
|
($19.0m)
-818.37%
|
($16.7m)
+12.11%
|
($18k)
+99.89%
|
($32.4m)
-179911.11%
|
($18.8m)
+41.98%
|
($9.4m)
+49.85%
|
($17.6m)
-86.15%
|
($15.6m)
+11.24%
|
|
| Net (Decrease) Increase in Cash and Cash Equivalents | — | — | — | — | ($19k) | $9.4m | $16.2m | ($15.5m) | ($8.5m) | $4.9m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($19k) | $9.4m | $16.2m | ($15.5m) | ($8.5m) | $4.9m | $19.4m | |
| Cash and Cash Equivalents at the Beginning of the Year | $9.8m | $10.1m | $8.4m | $6.3m | $1.0m | $996k | $10.3m | $11.1m | $2.5m | $7.4m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $10.3m | $26.5m | $11.1m | $2.5m | $2.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $26.5m | — | — | — | $19.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $3.5m | $2.3m | $3.5m | $3.7m | $2.1m | $2.0m | $842k | $569k | $1.0m | $2.6m | — | |
| Income Taxes Paid, Net | $120k | $414k | $2.1m | $65k | $1k | $343k | $539k | $9.0m | $113k | $6.7m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $498k | $768k | $1.1m | $1.1m | $856k | $642k | $666k | $684k | $733k | $1.0m | — | |
| Derivative, Gain (Loss) on Derivative, Net | ($3.6m) | $392k | $1.2m | ($4.1m) | $6.0m | ($10.0m) | ($12.0m) | $414k | $0 | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($16k) | ($155k) | ($4.1m) | ($1.4m) | $6.2m | ($5.0m) | ($16.6m) | $414k | $0 | — | — | |
| Gain (Loss) on Sale of Properties | $32.4m | — | — | — | — | — | — | $8.9m | $3.7m | $1.6m | — | |
| General and Administrative Expense | $7.8m | $9.6m | $13.6m | $15.6m | $15.0m | $10.4m | $20.2m | $15.6m | $18.9m | $18.4m | — | |
| Income Tax Expense (Benefit) | $2.1m | ($7.8m) | $3.0m | $1.4m | ($517k) | $2.5m | $10.3m | $6.1m | $15.8m | $4.2m | — | |
| Investment Income, Interest | $1k | $7k | $44k | $19k | $2k | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | $35.0m | $33.5m | $23.0m | $27.8m | $37.8m | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($3.6m) | $547k | $5.3m | ($2.8m) | ($190k) | ($4.9m) | $4.6m | — | — | — | — | |
| Accretion of discount on asset retirement obligations | — | — | — | — | — | — | $667k | $684k | $733k | $1.0m | — | |
| Gain on sale and exchange of assets | ($32.4m) | — | — | — | — | — | ($31.8m) | ($8.9m) | ($3.7m) | ($1.6m) | — | |
| Allowance for credit losses (recovery) | — | — | — | — | — | — | — | $338k | ($260k) | $144k | — | |
| Due to related parties | — | $101k | ($60k) | ($5k) | $38k | $14k | ($52k) | $80k | ($46k) | ($17k) | — | |
| Prepaid obligations | — | — | — | — | — | ($143k) | ($32.1m) | $32.5m | ($996k) | $510k | — | |
| Other long-term liabilities | — | — | — | — | — | $0 | ($151k) | ($468k) | ($28k) | ($392k) | — | |
| Purchase of stock for treasury | ($1.1m) | ($5.7m) | ($8.0m) | ($5.5m) | ($710k) | ($145k) | ($7.4m) | ($7.5m) | ($13.4m) | ($13.6m) | — | |
| Retirement obligations | — | — | — | — | — | — | — | — | ($722k) | $86k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($32.4m) | ($18.8m) | ($9.4m) | ($17.6m) | ($15.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $15.5m | ($105.7m) | ($115.0m) | ($74.3m) | ($41.8m) | |
| Change In Account Payable | — | — | — | — | — | — | $4.2m | $4.0m | $905k | ($5.4m) | ($6.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $16.2m | ($15.5m) | ($8.5m) | $4.9m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($35k) | $338k | ($260k) | $144k | $144k | |
| Change In Payable | — | — | — | — | — | — | $4.1m | $4.1m | $859k | ($5.4m) | ($6.8m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($32.1m) | $32.5m | ($996k) | $510k | $510k | |
| Changes In Cash | — | — | — | — | — | — | $16.2m | ($15.5m) | ($8.5m) | $4.9m | $17.3m | |
| End Cash Position | — | — | — | — | — | — | $26.5m | $11.1m | $2.5m | $7.4m | $19.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($32.4m) |
($18.8m)
+41.98%
|
($9.4m)
+49.85%
|
($17.6m)
-86.15%
|
($15.6m)
+11.24%
|
|
| Free Cash Flow | — | — | — | — | — | — | $17.2m | ($4.8m) | ($3.3m) | $20.8m | $31.8m | |
| Gain Loss On Investment Securities | — | — | — | — | — | $4.9m | ($4.6m) | ($980k) | — | — | — | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | ($1.5m) | ($31.8m) | — | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | $15.5m | ($105.7m) | ($115.0m) | ($74.3m) | ($41.8m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $31.4m | $8.1m | $4.2m | $1.6m | $1.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($36.4m) | ($9.8m) | ($3.7m) | ($1.6m) | $932k | |
| Other Non Cash Items | — | — | — | — | — | — | $667k | $684k | $733k | $1.0m | — | |
| Sale Of PPE | — | — | — | — | — | — | $31.4m | $8.1m | $4.2m | $1.6m | $1.0m |