PNRG (PrimeEnergy Resources) Debt-to-Equity: 0.03 (As of Mar. 2026) — 93% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PNRG PrimeEnergy Resources Corp PNRG
82 GF Score
Price $186.48
GF Value $158.51
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is PrimeEnergy Resources Debt-to-Equity?

PrimeEnergy Resources PNRG +0.76% 82 Debt-to-Equity is 0.03 as of Mar. 2026, which is 93% below its 10-year median of 0.40. GuruFocus rates PNRG with a GF Score™ of 82/100 and a GF Value™ of $158.51 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 798 Oil & Gas companies, PrimeEnergy Resources ranks better than 92.61% on this metric.

PrimeEnergy Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.8 Mil. PrimeEnergy Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.1 Mil. PrimeEnergy Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $217.4 Mil. PrimeEnergy Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PrimeEnergy Resources's Debt-to-Equity or its related term are showing as below:

PNRG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 1.71
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of PrimeEnergy Resources was 1.71. The lowest was 0.01. And the median was 0.40.

PNRG's Debt-to-Equity is ranked better than
92.61% of 798 companies
in the Oil & Gas industry
Industry Median: 0.46 vs PNRG: 0.03

PrimeEnergy Resources  (NAS:PNRG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


PrimeEnergy Resources Debt-to-Equity Related Terms


PrimeEnergy Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PrimeEnergy Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PrimeEnergy Resources Debt-to-Equity Chart

PrimeEnergy Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.08 0.02 0.04 0.02

PrimeEnergy Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.08 0.01 0.02 0.03

PNRG vs UNTC, REI, GTE: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, PrimeEnergy Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PrimeEnergy Resources Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrimeEnergy Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PrimeEnergy Resources's Debt-to-Equity falls into.


PNRG
82GF Score
PrimeEnergy Resources Corp PNRG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PrimeEnergy Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PrimeEnergy Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PrimeEnergy Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.03 mean?
PrimeEnergy Resources (PNRG) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PrimeEnergy Resources and its competitors. This is 93% below median its historical median of 0.40. Over the past decade, PrimeEnergy Resources' Debt-to-Equity has ranged from 0.01 to 1.71. According to the industry distribution chart, PrimeEnergy Resources ranks #59 out of 798 companies in the Oil & Gas industry, placing it in the top 7.4%.
Is PrimeEnergy Resources' Debt-to-Equity too high?
PrimeEnergy Resources' current Debt-to-Equity of 0.03 is 93% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.71. The Oil & Gas industry median Debt-to-Equity is 0.46. PrimeEnergy Resources' value of 0.03 is 93.5% below this industry median. Based on the distribution chart, PrimeEnergy Resources ranks #59 out of 798 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PrimeEnergy Resources has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PrimeEnergy Resources' Debt-to-Equity compare to UNTC and REI?
According to the Oil & Gas industry distribution chart, PrimeEnergy Resources ranks #59 out of 798 companies for Debt-to-Equity. This places PrimeEnergy Resources in the top 7% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. PrimeEnergy Resources' value of 0.03 is 93.5% below this benchmark. Historically, PrimeEnergy Resources' own Debt-to-Equity has ranged from 0.01 to 1.71 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.46, PrimeEnergy Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PrimeEnergy Resources's current Debt-to-Equity of 0.03 is 93.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PrimeEnergy Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PrimeEnergy Resources's current Debt-to-Equity is 0.03, which is 93% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PrimeEnergy Resources stock overvalued right now?
Based on GuruFocus' analysis, PrimeEnergy Resources (PNRG) is currently considered Modestly Overvalued. The stock's GF Value™ is $158.51, compared to a current price of $186.48 — trading 17.6% above its estimated fair value. The current Debt-to-Equity is 0.03, which is 93% below median its 10-year median of 0.40 and 93.5% below the Oil & Gas industry median of 0.46. PrimeEnergy Resources' overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PrimeEnergy Resources (PNRG), the current Debt-to-Equity is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PrimeEnergy Resources (PNRG) Overvalued in 2026?

Based on GuruFocus' analysis, PrimeEnergy Resources stock appears to be overvalued. The current stock price of $186.48 is trading 17.6% above its estimated GF Value™ of $158.51. GuruFocus considers PrimeEnergy Resources to be Modestly Overvalued.

Key valuation signals for PNRG:

  • Debt-to-Equity: 0.03 (93% below median its 10-year median of 0.40)
  • GF Value™: $158.51 vs. price of $186.48 (17.6% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 93.5% below the Oil & Gas median (#59 of 798)

No single metric tells the full story. See the PNRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PrimeEnergy Resources Business Description

Industry EnergyOil & Gas
Other Exchanges PEJ:Germany
Address 9821 Katy Freeway, Houston, TX, USA, 77024
PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and providing well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.
82GF Score

Get the complete analysis for PNRG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$186.48
Price
$158.51
GF Value