PrimeEnergy Resources reports Q3 net income of $10.6 million and revenue of $45.97 million

Reuters
2025.11.19 21:18
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PrimeEnergy Resources reported Q3 2025 net income of $10.6 million and revenue of $46 million. Year-to-date net income is $22.9 million, with operating cash flow at $84.5 million. The company has no bank debt and full access to a $115 million credit facility. Production included 505,000 barrels of oil, 2.3 billion cubic feet of natural gas, and 362,000 barrels of NGLs. Shares reduced by over 4% year-to-date. Chairman Charles E. Drimal, Jr. controls 56.5% of shares.

PrimeEnergy Resources Corporation reported net income of $10.6 million for the third quarter of 2025 and $22.9 million year-to-date. Operating cash flow totaled $84.5 million for the first nine months of 2025. Total oil, gas, and NGL revenue was $46.0 million for the quarter. Third quarter production was 505,000 barrels of oil, 2.3 billion cubic feet of natural gas, and 362,000 barrels of NGLs. For the first nine months, production reached 1.6 million barrels of oil, 7.1 billion cubic feet of gas, and 1.2 million barrels of NGLs. As of September 30, 2025, the company reported no outstanding bank debt and full availability under its $115 million revolving credit facility. The company retired 73,470 shares year-to-date, reducing outstanding shares by over 4%. Chairman and CEO Charles E. Drimal, Jr. holds voting control of about 56.5% of fully diluted shares, with directors and a major shareholder collectively holding an additional 20%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PrimeEnergy Resources Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9579159-en) on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)