vs

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

PRIMEENERGY RESOURCES CORP is the larger business by last-quarter revenue ($51.0M vs $36.6M, roughly 1.4× TOP SHIPS INC.). PRIMEENERGY RESOURCES CORP runs the higher net margin — 6.6% vs -12.2%, a 18.9% gap on every dollar of revenue.

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.

Top Ships Inc. is a supply chain maritime transportation operations management company responsible for seaborne trade of raw materials. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

PNRG vs TOPS — Head-to-Head

Bigger by revenue
PNRG
PNRG
1.4× larger
PNRG
$51.0M
$36.6M
TOPS
Higher net margin
PNRG
PNRG
18.9% more per $
PNRG
6.6%
-12.2%
TOPS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PNRG
PNRG
TOPS
TOPS
Revenue
$51.0M
$36.6M
Net Profit
$3.4M
$-4.5M
Gross Margin
97.9%
Operating Margin
3.2%
22.0%
Net Margin
6.6%
-12.2%
Revenue YoY
-15.7%
Net Profit YoY
48.7%
EPS (diluted)
$1.43
$-0.96

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
TOPS
TOPS
Q4 25
$51.0M
$36.6M
Q3 25
$46.0M
Q2 25
$42.0M
Q1 25
$50.1M
Q4 24
$60.5M
Q3 24
$69.5M
Q2 24
$64.8M
Q1 24
$43.0M
Net Profit
PNRG
PNRG
TOPS
TOPS
Q4 25
$3.4M
$-4.5M
Q3 25
$10.6M
Q2 25
$3.2M
Q1 25
$9.1M
Q4 24
$2.3M
Q3 24
$22.1M
Q2 24
$19.7M
Q1 24
$11.3M
Gross Margin
PNRG
PNRG
TOPS
TOPS
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
TOPS
TOPS
Q4 25
3.2%
22.0%
Q3 25
28.9%
Q2 25
10.0%
Q1 25
22.7%
Q4 24
6.8%
Q3 24
40.4%
Q2 24
38.1%
Q1 24
33.4%
Net Margin
PNRG
PNRG
TOPS
TOPS
Q4 25
6.6%
-12.2%
Q3 25
23.0%
Q2 25
7.7%
Q1 25
18.2%
Q4 24
3.8%
Q3 24
31.8%
Q2 24
30.4%
Q1 24
26.3%
EPS (diluted)
PNRG
PNRG
TOPS
TOPS
Q4 25
$1.43
$-0.96
Q3 25
$4.38
Q2 25
$1.33
Q1 25
$3.72
Q4 24
$0.97
Q3 24
$8.80
Q2 24
$7.77
Q1 24
$4.41

Balance Sheet & Financial Strength

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

Metric
PNRG
PNRG
TOPS
TOPS
Cash + ST InvestmentsLiquidity on hand
$7.4M
$20.4M
Total DebtLower is stronger
$216.6M
Stockholders' EquityBook value
$215.7M
$89.2M
Total Assets
$323.9M
$333.6M
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PNRG
PNRG
TOPS
TOPS
Q4 25
$7.4M
$20.4M
Q3 25
$3.7M
Q2 25
$2.4M
Q1 25
$2.1M
Q4 24
$2.5M
Q3 24
$1.6M
Q2 24
$2.0M
Q1 24
$1.8M
Total Debt
PNRG
PNRG
TOPS
TOPS
Q4 25
$216.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PNRG
PNRG
TOPS
TOPS
Q4 25
$215.7M
$89.2M
Q3 25
$213.8M
Q2 25
$205.2M
Q1 25
$205.0M
Q4 24
$202.9M
Q3 24
$203.8M
Q2 24
$186.3M
Q1 24
$169.4M
Total Assets
PNRG
PNRG
TOPS
TOPS
Q4 25
$323.9M
$333.6M
Q3 25
$332.0M
Q2 25
$343.0M
Q1 25
$339.3M
Q4 24
$324.6M
Q3 24
$345.6M
Q2 24
$334.8M
Q1 24
$332.9M
Debt / Equity
PNRG
PNRG
TOPS
TOPS
Q4 25
2.43×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
TOPS
TOPS
Operating Cash FlowLast quarter
$12.2M
$26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.60×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PNRG
PNRG
TOPS
TOPS
Q4 25
$12.2M
$26.4M
Q3 25
$54.7M
Q2 25
$-8.3M
Q1 25
$38.2M
Q4 24
$23.9M
Q3 24
$50.8M
Q2 24
$-1.9M
Q1 24
$43.2M
Cash Conversion
PNRG
PNRG
TOPS
TOPS
Q4 25
3.60×
Q3 25
5.18×
Q2 25
-2.58×
Q1 25
4.18×
Q4 24
10.50×
Q3 24
2.30×
Q2 24
-0.10×
Q1 24
3.82×

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%

TOPS
TOPS

Segment breakdown not available.

Related Comparisons