Name | Value |
---|---|
Revenues | 29.6M |
Cost of Revenue | 20.0M |
Gross Profit | 9.6M |
Operating Expense | 2.5M |
Operating I/L | 13.2M |
Other Income/Expense | -0.1M |
Interest Income | 0.1M |
Pretax | 13.1M |
Income Tax Expense | 3.0M |
Net Income/Loss | 10.1M |
PrimeEnergy Resources Corporation is an independent oil and natural gas company that acquires, develops, and produces oil and natural gas properties in the United States. The company also engages in joint ventures to acquire producing oil and gas properties and provides contract services, including well-servicing support operations and construction services for oil and gas drilling and reworking operations. With approximately 710 active wells and non-operating interests in approximately 822 additional wells primarily in Oklahoma and Texas, the company generates revenue through its oil and gas production, joint ventures, and contract services.