vs
先锋自然资源公司（PR）与Talen Energy Corp（TLN）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Talen Energy Corp的1.5倍（$1.2B vs $758.0M），先锋自然资源公司净利率更高（29.0% vs -47.9%，领先76.9%），Talen Energy Corp同比增速更快（114.7% vs -9.8%），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs -3.0%）
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
PR vs TLN — 直观对比
营收规模更大
PR
是对方的1.5倍
$758.0M
营收增速更快
TLN
高出124.5%
-9.8%
净利率更高
PR
高出76.9%
-47.9%
两年增速更快
TLN
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $758.0M |
| 净利润 | $339.5M | $-363.0M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | -41.3% |
| 净利率 | 29.0% | -47.9% |
| 营收同比 | -9.8% | 114.7% |
| 净利润同比 | 56.7% | -542.7% |
| 每股收益（稀释后） | $0.48 | $-7.60 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PRTLN
| Q4 25 | $1.2B | $758.0M | ||
| Q3 25 | $1.3B | $697.0M | ||
| Q2 25 | $1.2B | $409.0M | ||
| Q1 25 | $1.4B | $654.0M | ||
| Q4 24 | $1.3B | $353.0M | ||
| Q3 24 | $1.2B | $459.0M | ||
| Q2 24 | $1.2B | $346.0M | ||
| Q1 24 | $1.2B | $416.0M |
净利润PRTLN
| Q4 25 | $339.5M | $-363.0M | ||
| Q3 25 | $59.2M | $207.0M | ||
| Q2 25 | $207.1M | $72.0M | ||
| Q1 25 | $329.3M | $-135.0M | ||
| Q4 24 | $216.7M | $82.0M | ||
| Q3 24 | $386.4M | $168.0M | ||
| Q2 24 | $235.1M | $454.0M | ||
| Q1 24 | $146.6M | $294.0M |
营业利润率PRTLN
| Q4 25 | 23.1% | -41.3% | ||
| Q3 25 | 29.6% | 37.7% | ||
| Q2 25 | 24.8% | 16.1% | ||
| Q1 25 | 36.6% | -16.2% | ||
| Q4 24 | 32.8% | 4.5% | ||
| Q3 24 | 32.5% | 34.4% | ||
| Q2 24 | 36.5% | 7.8% | ||
| Q1 24 | 37.7% | 6.0% |
净利率PRTLN
| Q4 25 | 29.0% | -47.9% | ||
| Q3 25 | 4.5% | 29.7% | ||
| Q2 25 | 17.3% | 17.6% | ||
| Q1 25 | 23.9% | -20.6% | ||
| Q4 24 | 16.7% | 23.2% | ||
| Q3 24 | 31.8% | 36.6% | ||
| Q2 24 | 18.9% | 131.2% | ||
| Q1 24 | 11.8% | 70.7% |
每股收益（稀释后）PRTLN
| Q4 25 | $0.48 | $-7.60 | ||
| Q3 25 | $0.08 | $4.25 | ||
| Q2 25 | $0.28 | $1.50 | ||
| Q1 25 | $0.44 | $-2.94 | ||
| Q4 24 | $0.31 | $2.07 | ||
| Q3 24 | $0.53 | $3.16 | ||
| Q2 24 | $0.36 | $7.60 | ||
| Q1 24 | $0.25 | $4.84 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $153.7M | $689.0M |
| 总债务越低越好 | $3.5B | $6.8B |
| 股东权益账面价值 | $10.3B | $1.1B |
| 总资产 | $17.9B | $10.9B |
| 负债/权益比越低杠杆越低 | 0.34× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资PRTLN
| Q4 25 | $153.7M | $689.0M | ||
| Q3 25 | $111.8M | $497.0M | ||
| Q2 25 | $451.0M | $122.0M | ||
| Q1 25 | $702.2M | $295.0M | ||
| Q4 24 | $479.3M | $328.0M | ||
| Q3 24 | $272.0M | $648.0M | ||
| Q2 24 | $47.8M | $632.0M | ||
| Q1 24 | $12.7M | — |
总债务PRTLN
| Q4 25 | $3.5B | $6.8B | ||
| Q3 25 | $3.5B | $3.0B | ||
| Q2 25 | $4.0B | $3.0B | ||
| Q1 25 | $4.0B | $3.0B | ||
| Q4 24 | $4.2B | $3.0B | ||
| Q3 24 | $4.2B | $2.6B | ||
| Q2 24 | $3.9B | $2.6B | ||
| Q1 24 | $3.9B | — |
股东权益PRTLN
| Q4 25 | $10.3B | $1.1B | ||
| Q3 25 | $10.0B | $1.5B | ||
| Q2 25 | $9.5B | $1.2B | ||
| Q1 25 | $9.4B | $1.2B | ||
| Q4 24 | $9.1B | $1.4B | ||
| Q3 24 | $9.0B | $2.4B | ||
| Q2 24 | $8.3B | $2.5B | ||
| Q1 24 | $7.0B | $2.8B |
总资产PRTLN
| Q4 25 | $17.9B | $10.9B | ||
| Q3 25 | $17.3B | $6.1B | ||
| Q2 25 | $17.5B | $5.8B | ||
| Q1 25 | $17.1B | $5.9B | ||
| Q4 24 | $16.9B | $6.1B | ||
| Q3 24 | $16.6B | $6.8B | ||
| Q2 24 | $15.4B | $7.1B | ||
| Q1 24 | $15.1B | — |
负债/权益比PRTLN
| Q4 25 | 0.34× | 6.23× | ||
| Q3 25 | 0.35× | 2.03× | ||
| Q2 25 | 0.42× | 2.40× | ||
| Q1 25 | 0.43× | 2.54× | ||
| Q4 24 | 0.46× | 2.17× | ||
| Q3 24 | 0.47× | 1.10× | ||
| Q2 24 | 0.46× | 1.05× | ||
| Q1 24 | 0.56× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $904.3M | $280.0M |
| 自由现金流经营现金流 - 资本支出 | — | $254.0M |
| 自由现金流率自由现金流/营收 | — | 33.5% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 现金转化率经营现金流/净利润 | 2.66× | — |
| 过去12个月自由现金流最近4个季度 | — | $606.0M |
8季度趋势，按日历期对齐
经营现金流PRTLN
| Q4 25 | $904.3M | $280.0M | ||
| Q3 25 | $766.5M | $489.0M | ||
| Q2 25 | $1.0B | $-184.0M | ||
| Q1 25 | $898.0M | $119.0M | ||
| Q4 24 | $871.6M | — | ||
| Q3 24 | $954.4M | $96.0M | ||
| Q2 24 | $938.4M | $-23.0M | ||
| Q1 24 | $647.6M | $173.0M |
自由现金流PRTLN
| Q4 25 | — | $254.0M | ||
| Q3 25 | — | $468.0M | ||
| Q2 25 | — | $-217.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $83.0M | ||
| Q2 24 | — | $-43.0M | ||
| Q1 24 | — | $148.0M |
自由现金流率PRTLN
| Q4 25 | — | 33.5% | ||
| Q3 25 | — | 67.1% | ||
| Q2 25 | — | -53.1% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | -12.4% | ||
| Q1 24 | — | 35.6% |
资本支出强度PRTLN
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 6.0% |
现金转化率PRTLN
| Q4 25 | 2.66× | — | ||
| Q3 25 | 12.94× | 2.36× | ||
| Q2 25 | 5.01× | -2.56× | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 2.47× | 0.57× | ||
| Q2 24 | 3.99× | -0.05× | ||
| Q1 24 | 4.42× | 0.59× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
