Greenfire Resources (GFR) Operating Expenses (2022 - 2026)
Greenfire Resources (GFR) posted Operating Expenses of $103.2 million for Q1 2026, up 626.96% sequentially from -$19.6 million in Q4 2025, and down 8.94% YoY from $113.4 million in Q1 2025.
Greenfire Resources (GFR) Operating Expenses (2022 - 2026) Analysis & Trends
Greenfire Resources has reported Operating Expenses for 5 years, with the latest figure at $103.2 million 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 advanced to $103.2 million in Q1 2026 per GFR's latest filing, from -$19.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $216.8 million in Q3 2023 and troughed at -$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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 389.61% in 2024, then slumped 120.3% in 2025.
- Over 5 years, Operating Expenses stood at $143.1 million in 2022, then sank by 111.74% to -$16.8 million in 2023, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Greenfire Resources | 800,857.81 | -1.34 Mn | 140.78 Mn | 91.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 91.34 Mn |
| 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 |