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Side-by-side financial comparison of PRIMEENERGY RESOURCES CORP (PNRG) and REDWOOD TRUST INC (RWT). Click either name above to swap in a different company.

PRIMEENERGY RESOURCES CORP is the larger business by last-quarter revenue ($51.0M vs $25.9M, roughly 2.0× REDWOOD TRUST INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs 6.6%, a 70.6% gap on every dollar of revenue. On growth, REDWOOD TRUST INC posted the faster year-over-year revenue change (-6.1% vs -15.7%). Over the past eight quarters, PRIMEENERGY RESOURCES CORP's revenue compounded faster (9.0% CAGR vs -41.0%).

PrimeEnergy Resources Corp is an independent energy firm focused on the exploration, development, and production of oil and natural gas. It primarily operates across onshore resource basins in the United States, serving regional energy markets to meet industrial and consumer demand for reliable energy supplies.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

PNRG vs RWT — Head-to-Head

Bigger by revenue
PNRG
PNRG
2.0× larger
PNRG
$51.0M
$25.9M
RWT
Growing faster (revenue YoY)
RWT
RWT
+9.6% gap
RWT
-6.1%
-15.7%
PNRG
Higher net margin
RWT
RWT
70.6% more per $
RWT
77.2%
6.6%
PNRG
Faster 2-yr revenue CAGR
PNRG
PNRG
Annualised
PNRG
9.0%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PNRG
PNRG
RWT
RWT
Revenue
$51.0M
$25.9M
Net Profit
$3.4M
$20.0M
Gross Margin
97.9%
Operating Margin
3.2%
Net Margin
6.6%
77.2%
Revenue YoY
-15.7%
-6.1%
Net Profit YoY
48.7%
402.6%
EPS (diluted)
$1.43
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PNRG
PNRG
RWT
RWT
Q4 25
$51.0M
$25.9M
Q3 25
$46.0M
$15.0M
Q2 25
$42.0M
$13.8M
Q1 25
$50.1M
$27.9M
Q4 24
$60.5M
$27.6M
Q3 24
$69.5M
$25.5M
Q2 24
$64.8M
$67.4M
Q1 24
$43.0M
$74.5M
Net Profit
PNRG
PNRG
RWT
RWT
Q4 25
$3.4M
$20.0M
Q3 25
$10.6M
$-7.7M
Q2 25
$3.2M
$-98.5M
Q1 25
$9.1M
$16.1M
Q4 24
$2.3M
$-6.6M
Q3 24
$22.1M
$14.8M
Q2 24
$19.7M
$15.5M
Q1 24
$11.3M
$30.3M
Gross Margin
PNRG
PNRG
RWT
RWT
Q4 25
97.9%
Q3 25
95.6%
Q2 25
97.1%
Q1 25
96.3%
Q4 24
98.8%
Q3 24
95.5%
Q2 24
96.2%
Q1 24
93.5%
Operating Margin
PNRG
PNRG
RWT
RWT
Q4 25
3.2%
Q3 25
28.9%
-9.0%
Q2 25
10.0%
-679.0%
Q1 25
22.7%
80.2%
Q4 24
6.8%
-1.3%
Q3 24
40.4%
86.1%
Q2 24
38.1%
30.3%
Q1 24
33.4%
41.3%
Net Margin
PNRG
PNRG
RWT
RWT
Q4 25
6.6%
77.2%
Q3 25
23.0%
-51.4%
Q2 25
7.7%
-712.0%
Q1 25
18.2%
57.8%
Q4 24
3.8%
-24.0%
Q3 24
31.8%
58.1%
Q2 24
30.4%
23.0%
Q1 24
26.3%
40.6%
EPS (diluted)
PNRG
PNRG
RWT
RWT
Q4 25
$1.43
$0.11
Q3 25
$4.38
$-0.08
Q2 25
$1.33
$-0.76
Q1 25
$3.72
$0.10
Q4 24
$0.97
$-0.08
Q3 24
$8.80
$0.09
Q2 24
$7.77
$0.10
Q1 24
$4.41
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PNRG
PNRG
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$7.4M
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$215.7M
$982.6M
Total Assets
$323.9M
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PNRG
PNRG
RWT
RWT
Q4 25
$7.4M
$255.7M
Q3 25
$3.7M
$226.3M
Q2 25
$2.4M
$302.0M
Q1 25
$2.1M
$259.9M
Q4 24
$2.5M
$245.2M
Q3 24
$1.6M
$253.7M
Q2 24
$2.0M
$275.6M
Q1 24
$1.8M
$275.4M
Total Debt
PNRG
PNRG
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
PNRG
PNRG
RWT
RWT
Q4 25
$215.7M
$982.6M
Q3 25
$213.8M
$999.0M
Q2 25
$205.2M
$1.1B
Q1 25
$205.0M
$1.2B
Q4 24
$202.9M
$1.2B
Q3 24
$203.8M
$1.2B
Q2 24
$186.3M
$1.2B
Q1 24
$169.4M
$1.2B
Total Assets
PNRG
PNRG
RWT
RWT
Q4 25
$323.9M
$23.7B
Q3 25
$332.0M
$22.6B
Q2 25
$343.0M
$21.3B
Q1 25
$339.3M
$19.9B
Q4 24
$324.6M
$18.3B
Q3 24
$345.6M
$18.4B
Q2 24
$334.8M
$16.5B
Q1 24
$332.9M
$15.1B
Debt / Equity
PNRG
PNRG
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PNRG
PNRG
RWT
RWT
Operating Cash FlowLast quarter
$12.2M
$-10.1B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.60×
-504.15×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PNRG
PNRG
RWT
RWT
Q4 25
$12.2M
$-10.1B
Q3 25
$54.7M
$-2.7B
Q2 25
$-8.3M
$-2.1B
Q1 25
$38.2M
$-2.0B
Q4 24
$23.9M
$-5.9B
Q3 24
$50.8M
$-2.1B
Q2 24
$-1.9M
$-2.0B
Q1 24
$43.2M
$-954.2M
Cash Conversion
PNRG
PNRG
RWT
RWT
Q4 25
3.60×
-504.15×
Q3 25
5.18×
Q2 25
-2.58×
Q1 25
4.18×
-120.92×
Q4 24
10.50×
Q3 24
2.30×
-140.86×
Q2 24
-0.10×
-126.56×
Q1 24
3.82×
-31.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PNRG
PNRG

Oil Sales$43.1M84%
Natural Gas Liquid$5.5M11%
Oil And Gas Service$2.0M4%

RWT
RWT

Segment breakdown not available.

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