Primeenergy resources corp (PNRG)
Balance Sheet / Yearly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current Assets
Cash and cash equivalents

1,015

4,357

2,821

8,251

6,315

7,669

5,441

8,417

8,438

9,920

7,722

12,010

10,111

5,397

18,561

13,489

9,750

5,454

6,053

5,678

9,209

9,193

10,317

10,486

9,526

11,522

9,279

8,006

8,602

10,620

8,717

12,855

8,661

13,048

14,503

32,792

Restricted cash and cash equivalents

-

-

-

-

-

-

-

-

-

4,193

4,190

3,543

-

3,103

3,253

3,513

3,513

3,628

3,724

3,877

3,877

3,507

3,565

2,065

2,065

3,265

3,542

4,542

4,672

4,866

5,432

5,432

5,142

7,267

7,267

6,131

Accounts receivable, net

14,360

17,696

16,848

21,868

14,961

14,799

13,787

12,618

16,961

10,322

9,652

8,560

7,400

7,534

7,010

9,610

9,543

11,639

12,345

11,615

12,315

16,625

15,859

17,864

17,693

17,722

17,919

13,566

13,212

18,158

20,039

14,295

16,506

12,706

12,983

12,748

Due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

-

Prepaid obligations

625

383

485

585

640

-

-

-

756

-

-

-

412

-

-

-

619

-

-

-

877

-

-

-

1,188

-

-

-

1,656

-

-

-

7,469

-

1,857

1,609

Derivative asset short-term

272

1,838

1,081

71

1,674

-

-

-

344

-

-

-

-

-

-

-

-

5,649

7,796

14,436

16,914

-

-

-

357

-

-

-

1,229

-

-

-

223

-

1,832

3,038

Inventory, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

630

-

Deferred Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

595

-

Other current assets

127

133

139

677

144

856

611

1,023

132

1,086

1,736

724

160

886

799

608

196

1,057

1,188

948

613

4,105

2,891

2,757

1,846

2,964

3,370

2,665

1,081

3,531

4,270

8,849

1,725

6,065

-

1,435

Total Current Assets

16,399

24,407

21,374

31,452

23,734

23,324

19,839

22,058

26,631

25,521

23,300

24,837

18,083

16,920

29,623

27,220

23,621

27,427

31,106

36,554

43,805

33,430

32,632

33,172

32,675

35,473

34,110

28,779

30,452

37,175

38,458

41,431

39,726

39,086

39,688

57,753

Property and Equipment
Oil and gas properties at cost

527,729

-

-

-

514,821

-

-

-

476,570

-

-

194,302

417,821

-

-

-

395,129

-

-

-

396,588

-

-

-

364,123

-

-

-

338,204

-

-

-

492,393

-

-

453,843

Less: Accumulated depletion and depreciation

322,409

-

-

-

291,152

-

-

-

263,569

-

-

-

230,331

-

-

-

204,213

-

-

-

188,988

-

-

-

169,100

-

-

-

150,276

-

-

-

355,643

-

-

310,809

Oil and gas properties (successful efforts method), net

205,320

211,589

216,123

220,263

223,669

218,134

215,921

216,111

213,001

200,405

198,374

-

187,490

187,159

193,544

194,877

190,916

201,866

203,767

206,997

207,600

204,730

204,611

197,458

195,023

190,463

189,374

191,484

187,928

174,869

163,494

149,560

136,750

128,715

139,796

143,034

Field and office equipment at cost

27,542

-

-

-

27,252

-

-

-

26,241

-

-

-

26,902

-

-

-

27,919

-

-

-

27,403

-

-

-

26,653

-

-

9,601

23,974

8,148

8,268

7,816

21,553

7,990

6,615

19,499

Less: Accumulated depreciation

20,762

-

-

-

20,496

-

-

-

19,267

-

-

-

18,024

-

-

-

16,824

-

-

-

14,702

-

-

-

13,251

-

-

-

15,052

-

-

-

13,608

-

-

12,705

Field and office equipment, net

6,780

6,833

6,905

6,534

6,756

6,596

6,879

6,771

6,974

7,507

7,817

8,300

8,878

9,396

9,872

10,538

11,095

11,710

12,254

12,356

12,701

12,723

13,039

13,450

13,402

10,992

9,836

-

-

-

-

-

-

-

-

-

Field and office equipment, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,922

-

-

-

7,945

-

-

6,794

Total Property and Equipment, Net

212,100

218,422

223,028

226,797

230,425

224,730

222,800

222,882

219,975

207,912

206,191

202,602

196,368

196,555

203,416

205,415

202,011

213,576

216,021

219,353

220,301

217,453

217,650

210,908

208,425

201,455

199,210

201,085

196,850

183,017

171,762

157,376

144,695

136,705

146,411

149,828

Derivative asset long-term and other assets

866

476

623

281

893

-

-

-

159

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Contracts Long-Term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

-

-

-

1,066

-

-

-

118

-

-

-

-

-

-

-

Other Assets

-

-

-

-

-

149

160

208

-

183

530

337

203

452

124

124

629

604

722

722

781

1,238

941

1,566

756

1,569

3,428

1,145

666

1,055

2,079

614

614

3,864

781

579

Total Assets

229,365

243,305

245,025

258,530

255,052

248,203

242,799

245,148

246,765

233,616

230,021

227,776

214,654

213,927

233,163

232,759

226,261

241,607

247,849

256,629

264,900

252,121

251,223

245,646

242,922

238,497

236,748

231,009

228,086

221,247

212,299

199,421

185,035

179,655

186,880

208,160

LIABILITIES AND EQUITY
Current Liabilities
Accounts payable

6,634

9,452

13,440

15,963

9,553

10,615

12,573

11,078

24,615

13,302

9,318

11,094

11,965

10,480

8,513

9,541

12,355

11,077

13,762

15,096

16,258

17,894

16,875

17,390

16,249

17,799

17,347

21,663

19,568

25,607

31,662

24,402

29,538

27,434

32,451

34,376

Accrued liabilities

6,836

9,062

6,767

8,579

18,431

15,264

9,174

12,030

16,294

16,955

22,944

30,575

8,184

10,310

12,644

10,390

6,122

7,800

7,565

6,487

12,401

15,378

12,125

7,485

6,832

8,131

7,382

5,229

7,618

8,264

8,522

7,018

8,963

7,326

5,510

7,676

Current portion of long-term debt

0

-

-

440

698

948

1,289

1,826

2,378

2,905

3,247

3,206

2,949

68,186

3,117

3,088

3,059

3,030

3,002

2,930

2,903

2,832

1,907

1,888

1,870

1,852

-

-

-

-

-

-

-

-

-

-

Current portion of asset retirement and other long-term obligations

1,369

1,967

2,098

2,220

1,687

2,665

2,665

2,665

2,309

2,006

2,006

1,563

1,563

1,438

1,438

2,128

1,435

1,222

1,366

1,366

1,366

2,740

3,303

3,303

3,310

3,324

2,596

2,146

2,148

2,592

2,741

13,705

12,854

12,439

2,889

2,206

Current portion of deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,517

2,268

4,559

5,547

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liability short-term

753

361

1,675

3,574

88

8,028

5,716

2,803

1,509

292

250

946

2,547

339

-

-

7

76

126

156

170

313

5,548

3,564

2,194

2,760

880

2,180

994

837

0

3,503

2,269

-

2,796

3,048

Due to Related Parties

0

-

-

-

5

30

71

231

65

31

351

386

-

22

36

171

-

1

29

1

45

287

65

76

23

134

74

47

67

475

341

1,016

67

255

194

350

Total Current Liabilities

15,592

20,842

23,980

30,776

30,462

37,550

31,488

30,633

47,170

35,491

38,116

47,770

27,208

90,775

25,748

25,318

22,978

24,723

28,118

30,595

38,690

39,444

39,823

33,706

30,478

34,000

28,279

31,265

30,395

37,775

43,266

49,644

53,691

47,454

43,840

47,656

Long-Term Bank Debt

53,500

61,500

62,000

73,524

65,547

56,577

59,693

62,977

48,459

50,840

41,298

27,386

66,316

3,143

93,008

98,798

92,581

91,857

94,125

-

98,490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-Term Bank Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98,908

-

96,430

109,310

115,544

120,023

114,997

121,250

122,000

122,000

110,000

97,750

84,500

69,800

69,500

71,850

73,100

Indebtedness to Related Parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20,000

Asset Retirement Obligations

20,330

19,372

19,377

19,593

19,647

19,828

20,359

20,246

21,269

15,711

15,707

16,065

15,943

11,296

11,232

10,409

10,452

10,801

10,838

11,276

11,269

7,222

7,329

7,316

7,227

7,116

7,976

7,061

6,864

7,434

7,030

6,260

6,416

7,069

15,893

15,285

Derivative Liability Long-Term

0

-

-

-

10

3,226

3,367

2,509

1,913

329

84

44

1,092

521

-

-

-

-

-

-

-

2

1,504

85

94

209

-

550

431

543

0

3,783

1,461

-

5,332

2,587

Deferred Income Taxes

35,924

34,094

33,534

32,037

32,828

27,325

25,900

25,867

24,962

47,925

44,805

41,990

37,500

38,997

37,842

37,059

37,349

40,613

39,890

39,113

38,191

40,099

34,186

33,219

31,962

29,627

28,696

25,258

24,194

22,652

22,129

18,379

17,914

18,559

16,534

16,445

Other Long-Term Obligations

656

590

608

619

555

555

555

555

553

616

613

718

715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities

126,002

136,398

139,499

156,549

149,049

145,061

141,362

142,787

144,326

150,912

140,623

133,973

148,774

144,732

167,830

171,584

163,360

167,994

172,971

179,892

186,640

183,197

192,152

189,870

189,784

185,949

186,201

186,134

183,884

178,404

170,175

162,566

149,282

-

153,449

175,073

Commitments and Contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

Equity
Common stock, $.10 par value; 2019 and 2018: Authorized: 2,810,000 shares, outstanding 2019: 1,998,978 shares; outstanding 2018: 2,039,919 shares.

281

281

281

281

281

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

383

Paid-in capital

7,505

7,653

7,612

7,612

7,388

8,772

8,772

8,729

8,729

8,440

8,439

8,439

8,313

8,171

8,137

7,965

7,854

7,443

7,195

7,185

7,186

7,122

7,097

6,855

6,803

6,745

6,707

6,690

6,690

6,605

6,556

6,492

6,446

6,370

6,294

5,955

Retained earnings

129,120

130,893

128,381

122,606

125,644

145,435

141,046

141,606

138,320

116,970

118,981

118,619

96,322

98,467

93,543

91,018

92,878

103,087

103,742

105,675

105,662

95,457

84,658

81,425

78,616

76,929

74,697

68,603

66,345

61,377

60,035

52,612

51,289

51,571

47,299

46,478

Accumulated other comprehensive loss, net

-

-

-

-

-

-

-

0

-

-

-

-

0

-

-

-

-5

-49

-80

-100

-92

-119

-155

-126

-123

-56

168

-61

-35

-50

-

-

-

-

-

-

Total stockholders' equity before treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,976

-

Treasury stock, at cost; 2019: 809,967 shares; 2018: 770,081 shares

36,792

35,412

34,316

32,039

31,304

58,423

55,819

55,502

52,123

51,473

51,078

46,498

46,473

45,889

45,889

45,865

45,380

45,186

44,844

44,807

43,527

42,804

41,542

41,297

40,251

39,090

38,847

37,738

36,113

33,825

33,055

31,576

31,120

30,529

30,075

28,896

Total Stockholders' Equity – PrimeEnergy

100,114

103,415

101,958

98,460

102,009

96,167

94,382

95,216

95,309

74,320

76,725

80,943

58,545

61,132

56,174

53,501

55,730

65,678

66,396

68,336

69,612

60,039

50,441

47,240

45,428

44,911

43,108

37,877

37,270

34,490

33,919

27,911

26,998

27,795

23,901

23,920

Non-controlling interest

3,249

3,492

3,568

3,521

3,994

6,975

7,055

7,145

7,130

8,384

12,673

12,860

7,335

8,063

9,159

7,674

7,171

7,935

8,482

8,401

8,648

8,885

8,630

8,536

7,710

7,637

7,439

6,998

6,932

8,353

8,205

8,944

8,755

9,278

9,530

9,167

Total Equity

103,363

106,907

105,526

101,981

106,003

103,142

101,437

102,361

102,439

82,704

89,398

93,803

65,880

69,195

65,333

61,175

62,901

73,613

74,878

76,737

78,260

68,924

59,071

55,776

53,138

52,548

50,547

44,875

44,202

42,843

42,124

36,855

35,753

37,073

33,431

33,087

Total Liabilities and Equity

229,365

243,305

245,025

258,530

255,052

248,203

242,799

245,148

246,765

233,616

230,021

227,776

214,654

213,927

233,163

232,759

226,261

241,607

247,849

256,629

264,900

252,121

251,223

245,646

242,922

238,497

236,748

231,009

228,086

221,247

212,299

199,421

185,035

179,655

186,880

208,160