PrimeEnergy Resources
PNRG
Operating Margin for PrimeEnergy Resources (PNRG)
Operating Margin as of April 2024 (TTM): 38.25%
According to PrimeEnergy Resources's latest financial reports and stock price the company's current Operating Margin is 38.25%. At the end of 2022 the company had an Operating Margin of 47.16%.
Operating Margin history for PrimeEnergy Resources from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 47.16% | 708.85% |
| 2021 | 5.83% | -218.28% |
| 2020 | -4.93% | -201.72% |
| 2019 | 4.85% | -67.56% |
| 2018 | 14.94% | -66.38% |
| 2017 | 44.43% | 235.3% |
| 2016 | 13.25% | -152.95% |
| 2015 | -25.03% | -184.16% |
| 2014 | 29.74% | 83.58% |
| 2013 | 16.20% | -9.4% |
| 2012 | 17.88% | 170.76% |
| 2011 | 6.60% | 45.9% |
| 2010 | 4.53% | -111.65% |
| 2009 | -38.86% | -11067.18% |
| 2008 | 0.35% | -95.38% |
| 2007 | 7.67% | -75.13% |
| 2006 | 30.85% | -42.79% |
| 2005 | 53.93% | 226.9% |
| 2004 | 16.50% | -1.96% |
| 2003 | 16.82% | 170.62% |
| 2002 | 6.22% | -63.47% |
| 2001 | 17.02% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Occidental Petroleum OXY | 38.53% | 0.73% | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 40.80% | 6.67% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 31.90% | -16.60% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.