← PRIMEENERGY RESOURCES CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $48.7m $28.1m $55.4m $26.3m
Net Income (Loss) Attributable to Parent $3.4m $42.0m $14.5m $3.5m ($2.3m) $2.1m $48.7m $28.1m $55.4m $26.3m
Net Income (Loss) Available to Common Stockholders, Basic $3.4m $42.0m $14.5m $3.5m ($2.3m) $2.1m $48.7m $28.1m $55.4m $26.3m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $5.4m $47.4m $14.7m $3.7m ($2.4m) $2.1m $48.7m $28.1m $55.4m $26.3m
Net Income (Loss) Attributable to Noncontrolling Interest $2.0m $5.4m $136k $183k ($47k) $28k $0 — — —
Depreciation, Depletion and Amortization $30.2m $36.1m $37.7m $36.2m $28.2m $26.3m $28.1m $31.0m $76.5m $75.7m
Depreciation Amortization Depletion — — — — — — $27.4m $31.0m $76.5m $75.7m
Deferred Income Tax Expense (Benefit) $147k ($12.5m) $7.9m $3.1m ($1.5m) $2.4m $1.2m $7.3m $6.2m $2.1m
Provision for deferred income taxes $147k ($12.5m) $7.9m $3.1m $443k $2.4m $1.2m $7.3m $6.2m $2.1m
Deferred Income Tax — — — — — — $1.2m $7.3m $6.2m $2.1m
Deferred Tax — — — — — — $1.2m $7.3m $6.2m $2.1m
Gain (Loss) on Disposition of Property Plant Equipment $32.4m $41.3m $3.7m $4.6m $15.8m $1.5m $31.8m — $3.7m $1.6m
Income Tax Expense (Benefit) $2.1m ($7.8m) $3.0m $1.4m ($517k) $2.5m $10.3m $6.1m $15.8m $4.2m
Operating Lease, Expense — — $35.0m $33.5m $23.0m $27.8m $37.8m — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($2.1m) $9.6m ($2.0m) ($601k) ($7.1m) $7.0m ($2.1m) $8.5m $3.8m ($4.8m)
Increase (Decrease) in Inventories ($61k) $9k ($11k) — — — — — — —
Increase (Decrease) in Accounts Payable ($390k) $12.7m ($15.1m) ($2.9m) ($1.4m) $2.1m $4.2m $4.0m $905k ($5.4m)
Asset Retirement Obligation, Accretion Expense $498k $768k $1.1m $1.1m $856k $642k $666k $684k $733k $1.0m
Gain (Loss) on Sale of Properties $32.4m — — — — — — $8.9m $3.7m $1.6m
General and Administrative Expense $7.8m $9.6m $13.6m $15.6m $15.0m $10.4m $20.2m $15.6m $18.9m $18.4m
Investment Income, Interest $1k $7k $44k $19k $2k — — — — —
Unrealized Gain (Loss) on Derivatives ($3.6m) $547k $5.3m ($2.8m) ($190k) ($4.9m) $4.6m — — —
Accretion of discount on asset retirement obligations — — — — — — $667k $684k $733k $1.0m
Gain on sale and exchange of assets ($32.4m) — — — — — ($31.8m) ($8.9m) ($3.7m) ($1.6m)
Allowance for credit losses (recovery) — — — — — — — $338k ($260k) $144k
Accounts receivable $2.1m ($9.6m) $2.0m $601k $7.1m ($7.0m) $2.1m ($8.5m) ($3.8m) $4.8m
Due to related parties — $101k ($60k) ($5k) $38k $14k ($52k) $80k ($46k) ($17k)
Prepaid obligations — — — — — ($143k) ($32.1m) $32.5m ($996k) $510k
Other current assets — — — — — $64k $2k — $27k $6k
Accounts payable ($390k) $12.7m ($15.1m) ($2.9m) ($1.4m) $2.1m $4.2m $4.0m $905k ($5.4m)
Accrued liabilities $2.1m $8.1m $2.1m ($11.6m) ($49k) $1.0m $17.9m $22.9m ($15.5m) ($6.2m)
Other assets — — — — — $0 $100k $673k $521k ($271k)
Other long-term liabilities — — — — — $0 ($151k) ($468k) ($28k) ($392k)
Property expenditures — — — — — — — — ($119.2m) ($76.0m)
Proceeds from sale of properties and equipment $35.2m $46.2m $3.2m $4.6m $10.9m $1.5m $31.4m $8.1m $4.2m $1.6m
Purchase of stock for treasury ($1.1m) ($5.7m) ($8.0m) ($5.5m) ($710k) ($145k) ($7.4m) ($7.5m) ($13.4m) ($13.6m)
Increase(decrease) in accrued capital expenditures for oil and natural gas properties — — — — — — — — $25.7m ($707k)
Retirement obligations — — — — — — — — ($722k) $86k
Beginning Cash Position — — — — — — $10.3m $26.5m $11.1m $2.5m
Cash Flow From Continuing Financing Activities — — — — — — ($32.4m) ($18.8m) ($9.4m) ($17.6m)
Cash Flow From Continuing Investing Activities — — — — — — $15.5m ($105.7m) ($115.0m) ($74.3m)
Change In Account Payable — — — — — — $4.2m $4.0m $905k ($5.4m)
Change In Accrued Expense — — — — — — $17.9m $22.9m ($15.5m) ($6.2m)
Change In Other Current Assets — — — — — — $102k $673k $548k ($265k)
Change In Other Current Liabilities — — — — — — ($151k) ($468k) ($28k) ($392k)
Change In Other Working Capital — — — — — — ($35k) $338k ($260k) $144k
Change In Payable — — — — — — $4.1m $4.1m $859k ($5.4m)
Change In Payables And Accrued Expense — — — — — — $22.0m $26.9m ($14.7m) ($11.6m)
Change In Prepaid Assets — — — — — — ($32.1m) $32.5m ($996k) $510k
Change In Receivables — — — — — — $1.7m ($8.1m) ($3.8m) $4.8m
Change In Working Capital — — — — — — ($8.4m) $51.8m ($19.2m) ($6.8m)
Changes In Account Receivables — — — — — — $2.1m ($8.5m) ($3.8m) $4.8m
Changes In Cash — — — — — — $16.2m ($15.5m) ($8.5m) $4.9m
End Cash Position — — — — — — $26.5m $11.1m $2.5m $7.4m
Financing Cash Flow — — — — — — ($32.4m) ($18.8m) ($9.4m) ($17.6m)
Free Cash Flow — — — — — — $17.2m ($4.8m) ($3.3m) $20.8m
Gain Loss On Investment Securities — — — — — $4.9m ($4.6m) ($980k) — —
Gain Loss On Sale Of PPE — — — — — ($1.5m) ($31.8m) — — —
Investing Cash Flow — — — — — — $15.5m ($105.7m) ($115.0m) ($74.3m)
Net PPE Purchase And Sale — — — — — — $31.4m $8.1m $4.2m $1.6m
Operating Gains Losses — — — — — — ($36.4m) ($9.8m) ($3.7m) ($1.6m)
Other Non Cash Items — — — — — — $667k $684k $733k $1.0m
Repurchase Of Capital Stock — — — — — — ($7.4m) ($7.5m) ($13.4m) ($13.6m)
Sale Of PPE — — — — — — $31.4m $8.1m $4.2m $1.6m
Derivative, Gain (Loss) on Derivative, Net ($3.6m) $392k $1.2m ($4.1m) $6.0m ($10.0m) ($12.0m) $414k $0 —
Gain (Loss) on Derivative Instruments, Net, Pretax ($16k) ($155k) ($4.1m) ($1.4m) $6.2m ($5.0m) ($16.6m) $414k $0 —
Net Cash Provided by (Used in) Operating Activities $11.0m $40.1m $39.1m $27.2m $16.4m $28.6m $33.1m $109.0m $115.9m $96.7m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($16.0m) ($113.8m) ($119.2m) ($76.0m)
Capital Expenditure Reported — — — — — — ($16.0m) ($113.8m) ($119.2m) ($76.0m)
Net Cash Provided by (Used in) Investing Activities $14.4m — ($43.8m) ($13.5m) $339k ($19.2m) $15.5m ($105.7m) ($115.0m) ($74.3m)
Cash flows from financing activities:
Proceeds from long-term bank debt $13.5m $64.9m $55.8m $25.0m $6.8m $11.2m $11.0m — $110.5m $111.5m
Issuance Of Debt — — — — — — $11.0m $0 $110.5m $111.5m
Long Term Debt Issuance — — — — — — $11.0m $0 $110.5m $111.5m
Net Issuance Payments Of Debt — — — — — — ($25.0m) ($11.3m) $4.0m ($4.0m)
Net Long Term Debt Issuance — — — — — — ($25.0m) ($11.3m) $4.0m ($4.0m)
Repayment of long-term bank debt and other long-term obligations ($39.9m) ($82.6m) ($42.0m) ($37.7m) ($22.0m) ($10.2m) ($36.0m) ($11.3m) ($106.5m) ($115.5m)
Long Term Debt Payments — — — — — — ($36.0m) ($11.3m) ($106.5m) ($115.5m)
Repayment Of Debt — — — — — — ($36.0m) ($11.3m) ($106.5m) ($115.5m)
Net Common Stock Issuance — — — — — — ($7.4m) ($7.5m) ($13.4m) ($13.6m)
Payments for Repurchase of Common Stock $1.1m $5.7m $8.0m $5.5m $710k $145k $7.4m $7.5m $13.4m $13.6m
Common Stock Payments — — — — — — ($7.4m) ($7.5m) ($13.4m) ($13.6m)
Net Cash Provided by (Used in) Financing Activities ($28.6m) ($28.6m) $2.7m ($19.0m) ($16.7m) ($18k) ($32.4m) ($18.8m) ($9.4m) ($17.6m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — ($19k) $9.4m $16.2m ($15.5m) ($8.5m) $4.9m
Net (Decrease) Increase in Cash and Cash Equivalents — — — — ($19k) $9.4m $16.2m ($15.5m) ($8.5m) $4.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $26.5m — — —
Cash and Cash Equivalents at the Beginning of the Year $9.8m $10.1m $8.4m $6.3m $1.0m $996k $10.3m $11.1m $2.5m $7.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $16.2m ($15.5m) ($8.5m) $4.9m
Interest Paid, Excluding Capitalized Interest, Operating Activities $3.5m $2.3m $3.5m $3.7m $2.1m $2.0m $842k $569k $1.0m $2.6m
Income Taxes Paid, Net $120k $414k $2.1m $65k $1k $343k $539k $9.0m $113k $6.7m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.