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| 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 | -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 |