PrimeEnergy Resources reports 35% decline in Q2 revenue
ReutersAug 20, 2025 1:36 PM
Overview
PrimeEnergy Q2 revenue falls to $42 mln from $64.8 mln year-over-year
Q2 net income drops to $3.2 mln, diluted EPS at $1.33
Company repurchased 53,000 shares, plans to continue buybacks in 2025
Outlook
Company plans to continue share repurchases through year-end
Result Drivers
DIVERSIFIED PRODUCTION - Strong growth in natural gas and NGL production helped balance revenue streams despite lower oil volumes, per Chairman Charles E. Drimal, Jr.
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $42 mln |
|
Q2 EPS |
| $1.33 |
|
Q2 Net Income |
| $3.20 mln |
|
Press Release: ID:nGNX7wBTxx
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