Greenfire Resources (GFR) Operating Expenses (2022 - 2026)

Greenfire Resources (GFR) posted quarterly Operating Expenses of $103.2 million for Q1 2026, down 8.94% year-on-year from $113.4 million in Q1 2025, and up 626.96% on a QoQ basis from -$19.6 million in Q4 2025.

Greenfire Resources (GFR) Operating Expenses (2022 - 2026) Analysis & Trends

Greenfire Resources (GFR) has reported Operating Expenses for 5 consecutive years, with $103.2 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses fell 8.94% year-over-year to $103.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $146.3 million (down 55.46% YoY) and the FY2025 annual result came in at -$92.3 million, up 17.3% from the prior year.
  • Operating Expenses rose to $103.2 million in Q1 2026 per GFR's latest filing, from -$19.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for GFR reached as high as $216.8 million in Q3 2023 and fell as low as -$29.3 million in Q4 2024.
  • A 5-year average of $81.8 million and a median of $107.7 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses jumped 389.61% — and 2025, when it slumped 120.3%.
  • Year by year, Operating Expenses stood at $143.1 million in 2022, then slumped by 111.74% to -$16.8 million in 2023, then slumped by 74.2% to -$29.3 million in 2024, then soared by 33.02% to -$19.6 million in 2025, then surged by 626.96% to $103.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $103.2 million, -$19.6 million, and -$23.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 4.12 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 4.86 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 60.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 54.49 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.64 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 2.87 Bn
10 Greenfire Resources 777.55 Mn 777.15 Mn 35.29 Mn 103.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.24 Mn
Dec 31, 2025 -19.59 Mn
Sep 30, 2025 -23.21 Mn
Jun 30, 2025 85.81 Mn
Mar 31, 2025 113.38 Mn
Dec 31, 2024 -29.25 Mn
Sep 30, 2024 114.32 Mn
Jun 30, 2024 129.94 Mn
Mar 31, 2024 144.01 Mn
Dec 31, 2023 -16.79 Mn
Sep 30, 2023 216.80 Mn
Jun 30, 2023 107.74 Mn
Mar 31, 2023 29.41 Mn
Dec 31, 2022 143.05 Mn
Sep 30, 2022 128.62 Mn