Greenfire Resources (GFR) Operating Expenses (2022 - 2026)
Greenfire Resources' (GFR) quarterly Operating Expenses came in at $103.2 million in Q1 2026, down 8.94% year-on-year from $113.4 million in Q1 2025, and up 626.96% quarter-over-quarter from -$19.6 million in Q4 2025.
Greenfire Resources (GFR) Operating Expenses (2022 - 2026) Analysis & Trends
Greenfire Resources has disclosed Operating Expenses across 5 years of filings, most recently posting $103.2 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $103.2 million, down 8.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $146.3 million (down 55.46% YoY), and the FY2025 annual result was -$92.3 million, up 15.62% from the prior year.
- Operating Expenses came in at $103.2 million for Q1 2026 at Greenfire Resources, up from -$19.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $144.0 million in Q1 2024 to a low of -$29.3 million in Q4 2024.
- The 5-year median for Operating Expenses is $29.4 million (2023), against an average of $56.6 million.
- Across the five-year window, Operating Expenses soared 389.61% in 2024 and slumped 120.3% in 2025, its largest moves.
- Greenfire Resources' Operating Expenses stood at $143.1 million in 2022, then sank by 118.02% to -$25.8 million in 2023, then decreased by 13.51% to -$29.3 million in 2024, then jumped by 33.02% to -$19.6 million in 2025, then soared by 626.96% to $103.2 million in 2026.
- The last three Operating Expenses figures came in at $103.2 million (Q1 2026), -$19.6 million (Q4 2025), and -$23.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Greenfire Resources | 1.97 Bn | 1.97 Bn | 35.29 Mn | 103.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -25.77 Mn |
| Sep 30, 2023 | 28.68 Mn |
| Jun 30, 2023 | 26.56 Mn |
| Mar 31, 2023 | 29.41 Mn |
| Dec 31, 2022 | 143.05 Mn |
| Sep 30, 2022 | 27.99 Mn |