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Primeenergy Resources (PNRG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Primeenergy Resources (PNRG) reported revenue of $42.5M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +8% from the quarter before. Operating margin was 18.9%, net earnings $6.5M (15.4% of revenue).

Revenue$42.5M
Year over year+1%
Quarter over quarter+8%
Operating margin18.9%
Net earnings$6.5M

Primeenergy Resources, Q2 2026: revenue $42.5M (+1% year over year), operating margin 18.9%, net earnings $6.5M, operating cash flow $15.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$42.5M+8%+1%
Operating profit$8.0M+53%+92%
Net earnings$6.5M+50%+102%
Operating cash flow$15.4M-4%—
Free cash flow$14.7M+0.8%—

What changed

Revenue was $42.5M in Q2 2026, up 1% year over year and up 8% from the previous quarter. Oil Sales was the largest line at 96% of revenue. Oil Sales added $6.5M year over year (up 19%), 1314% of the total change.

Operating profit was $8.0M, a 18.9% margin (up 8.9 points year over year). Of the extra revenue versus Q2 2025, 781% reached operating profit, above the 10% margin then. Total costs fell 9% while revenue rose 1%. The fastest-growing cost line was Cost of revenue (+14%). Net earnings were $6.5M, up 102% year over year. The effective tax rate was 18.5%.

Operating cash flow was $15.4M, 236% of net earnings. Non-cash charges added back $15.9M of depreciation and amortization. Working capital and other items used $7.0M. Capital expenditures of $727K left free cash flow of $14.7M.

Questions

What was Primeenergy Resources' revenue in the second quarter 2026?

Primeenergy Resources (PNRG) reported revenue of $42.5M for the second quarter 2026 (Q2 2026), +1% from a year earlier and +8% from the quarter before.

Was Primeenergy Resources profitable in the second quarter 2026?

Operating profit was $8.0M (18.9% of revenue) and net earnings $6.5M.

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Source: Primeenergy Resources 10-Q on SEC EDGAR.