Reported Earlier, PrimeEnergy Reports $50.1M In Q1 Revenue, A 16.4% Increase Driven By 107% Growth In Natural Gas Production

Benzinga · 05/20 06:59
Key Highlights – Q1 2025 vs Q1 2024
• Revenue: $50.1 million ↑ 16.4%
• Oil Production: 457,000 barrels ↑ 6.0%
• Natural Gas Production: 2.39 Bcf ↑ 106.6%
• NGL Production: 454,000 barrels ↑ 120.4%
• Net Income: $9.1 million ↓ 19.3%
• Diluted EPS: $3.72 ↓ 15.7%
• Share Buyback 2025: 47,970 shares repurchased at a cost of $9.17 million
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.