Primeenergy resources corp (PNRG)
CashFlow / Quarterly
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'11Mar'11
Cash Flows from Operating Activities:
Net Income

-1,659

2,527

5,822

-3,031

7,652

4,309

-597

3,301

21,140

-1,890

175

28,009

-2,406

4,716

4,290

-1,178

-10,254

-840

-1,838

-218

10,317

11,332

3,731

3,769

1,900

2,618

6,558

2,364

3,996

1,558

7,559

1,661

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Net Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,144

-2,382

Non-controlling interest in earnings of partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

473

Depreciation, depletion, amortization and accretion on discounted liabilities

8,351

9,255

9,292

9,258

14,014

7,883

7,909

7,923

12,247

7,812

8,071

7,938

11,285

7,308

6,306

5,275

14,765

5,648

5,686

5,452

9,116

5,789

5,606

5,353

5,532

5,177

6,269

4,883

3,423

5,884

7,124

6,838

7,470

22,899

11,995

6,036

Gain on sale of properties

2,771

114

1,023

666

494

511

185

2,472

-820

359

117

41,602

-

-

-

-

-

-

728

489

492

1,608

842

3,173

297

760

699

1,060

10

14

2

704

-6

1,375

11

222

Unrealized loss (gain) on derivative instruments, net

-

-

-

-

-

-

-

-

-

-1,262

1,550

2,804

-

-

-

-

-

-2,147

-6,639

-2,466

-

8,360

-4,017

-1,982

823

-3,869

4,480

-2,083

1,034

-2,649

8,877

-3,779

-

-

-

-

Gain on sale and exchange of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,407

4,916

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss (gain) on derivative instruments

-1,958

2,071

2,862

-5,752

13,481

-2,194

-4,136

-1,821

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for deferred income taxes

1,830

560

1,433

-727

5,503

1,402

56

905

-22,963

3,120

2,813

4,492

-1,501

1,155

783

-290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on derivative instruments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,509

Provision (benefit) for deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28

-1,569

-63

5,084

5,914

988

1,251

1,607

1,033

3,311

1,063

2,232

523

3,750

465

-1,396

2,025

1,484

-1,395

Changes in assets and liabilities:
Accounts receivable

-3,336

848

-5,020

6,907

162

1,012

1,169

-4,343

6,639

670

1,092

1,160

-134

524

-2,600

67

-2,094

-705

730

-700

-4,311

766

-2,005

171

-29

-197

4,353

354

-4,946

-1,881

5,744

-2,211

3,800

-277

-2,201

2,436

Due from related parties

-

-

-

-

-

-

-

14

-

-

-

-

-

-

-

-171

-

-

-

-255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related parties

0

0

0

-5

-25

-41

-160

166

70

-321

-34

386

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

59

953

152

-

-

-

-712

-

-233

259

-302

-

-153

128

-191

-

-160

22

-115

-

-439

-4,709

-328

-

-

-

-

Prepaid expenses and other assets

-

-

-

478

-

-

-

-243

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-59

Accounts payable

-2,818

-3,988

-2,523

6,410

-1,063

-1,958

1,495

-13,537

11,313

3,984

-1,776

-871

2,107

1,085

-768

-2,814

1,393

-2,589

-1,181

-1,162

331

1,077

-2,015

1,141

-350

729

-3,316

2,225

-5,845

-5,489

7,260

-5,426

4,229

-5,017

1,371

-4,432

Accrued liabilities

-2,226

2,295

-1,812

-9,852

3,166

6,091

-2,857

-4,264

-660

-5,989

-7,631

22,391

-2,126

-2,334

2,254

4,268

-1,679

235

1,078

-5,914

-1,121

3,253

4,640

653

-2,656

749

2,153

86

-1,221

-258

704

159

-667

416

896

-1,083

Increase in due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

-56

134

-204

59

47

2

-

139

-679

966

-324

78

-629

592

Net Cash (Used in) Provided by Operating Activities

-

-

-

-

-

-

-

-

-

-

-

16,627

6,045

67

3,732

1,161

7,370

5,325

7,190

1,329

11,876

15,213

17,946

11,130

4,994

13,831

5,468

11,407

-

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

5,748

7,724

13,985

-246

13,519

18,113

9,019

-1,585

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,319

7,312

15,804

10,277

10,203

11,687

14,730

4,719

Cash Flows from Investing Activities:
Capital expenditures, including exploration expense

1,976

4,658

6,199

5,213

17,756

10,608

7,975

10,734

19,304

9,594

11,597

18,866

9,142

-504

4,285

7,920

3,341

3,386

3,290

4,533

13,512

4,504

12,878

7,864

11,475

7,644

3,295

11,520

17,685

16,906

31,013

20,701

13,038

11,140

9,900

5,873

Proceeds from sale of properties and equipment

2,771

115

1,025

668

610

511

296

1,816

-746

405

134

46,438

6,988

11,915

11,407

4,916

16

158

1,227

525

529

1,637

1,385

3,283

684

850

965

1,182

0

36

111

734

23

1,622

11

222

Net Cash (Used in) Provided by Investing Activities

-

-

-

-

-

-

-

-

-

-

-

27,572

-2,154

12,419

7,122

-3,004

-3,325

-3,228

-2,063

-4,008

-12,983

-2,867

-11,493

-4,581

-10,791

-6,794

-2,330

-10,338

-

-

-

-

-

-

-

-

Net Cash Used in by Investing Activities

795

-4,543

-5,174

-4,545

-17,146

-10,097

-7,679

-8,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,685

-16,870

-30,902

-19,967

-13,015

-9,518

-9,889

-5,651

Cash Flows from Financing Activities:
Purchase of stock for treasury

1,380

1,096

2,277

735

1,656

2,604

317

3,379

650

395

4,580

25

584

0

24

485

194

342

37

1,280

723

1,262

245

1,046

1,161

243

1,109

1,625

2,288

770

1,479

456

591

454

220

959

Purchase of non-controlling interests

193

50

0

256

-

-

-

-

248

0

0

60

37

11

-3

179

308

96

4

1

41

24

161

48

34

7

6

1

-

-

-

-

-

-

-

-

Purchase of non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

19

25

22

29

23

45

124

Increase in long-term bank debt and other long-term obligations

0

12,000

5,000

8,000

13,000

7,500

8,000

27,300

-

-

-

-

4,500

0

0

9,000

2,000

10,500

4,000

11,200

17,329

9,338

16,000

14,750

31,500

10,000

11,750

15,500

26,500

23,300

28,250

33,750

16,800

13,898

31,933

19,000

Repayment of long-term bank debt and other long-term obligations

8,000

12,499

16,964

282

5,936

10,684

11,989

13,439

15,107

698

28,151

38,672

6,599

24,796

5,761

2,754

1,247

12,740

8,711

10,755

15,198

21,293

22,215

19,211

26,456

14,401

12,500

15,500

14,500

11,050

15,000

19,307

16,885

16,421

27,606

24,107

Repayment of indebtedness to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

16,000

4,000

Distribution to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

18

0

16

244

229

1

34

48

143

0

39

281

0

786

81

870

624

0

70

Net Cash Provided by (Used in) Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-38,757

-2,720

-25,650

-5,782

5,582

251

-2,696

-4,752

-852

1,123

-13,470

-6,622

-5,589

3,801

-4,794

-1,865

-1,665

-

-

-

-

-

-

-

-

Net Cash (used in) provided by Financing Activities

-9,885

-1,645

-14,241

6,727

2,273

-5,788

-4,316

10,482

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,348

11,461

10,960

13,884

-1,575

-3,624

-11,938

-10,260

Cash and Cash Equivalents Period Decrease

-

1,536

-5,430

1,936

-

2,228

-2,976

-21

-5,025

2,198

-4,288

5,442

1,171

-13,164

5,072

3,739

4,296

-599

375

-3,531

-

-

-

960

-1,996

2,243

1,273

-596

-2,018

1,903

-4,138

4,194

-4,387

-1,455

-7,097

-11,192

Supplemental Disclosures:
Income taxes paid during the year

-64

-1

66

64

-2,210

-1

4,336

5

-2,174

1

2,387

200

-

-

-

91

-173

0

85

498

0

-36

63

293

817

31

-142

48

0

-5

91

450

-89

0

265

946

Interest paid during the year

739

905

1,038

977

774

811

1,178

772

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income tax refunds received during the year

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

37

4

Interest paid

-

-

-

-

-

-

-

-

-

-

-

451

678

1,002

990

806

651

880

927

1,237

914

928

1,066

1,117

996

1,040

1,079

1,068

1,001

915

946

673

633

1,050

1,139

1,211

Increase (decrease) in accrued expenses relating to property during the period

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,979