Greenfire Resources (GFR) Operating Expenses (2022 - 2026)
Greenfire Resources (GFR) posted Operating Expenses of $91.34 million for Q2 2026, up 6.4% from $85.81 million a year earlier but down 11.5% from the prior quarter.
Greenfire Resources (GFR) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Greenfire Resources was $151.78 million, down 46.6% year-over-year; for FY2025, it came in at $409.14 million, down 21.4% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 516.3% (FY2020 to FY2025).
- In prior years, Greenfire Resources' Operating Expenses was $520.37 million in FY2024 (-10.6%), $581.78 million in FY2023 (-3.4%), $602.48 million in FY2022 and -$350.78 million in FY2021.
- Quarterly Operating Expenses has run from a low of -$29.25 million in Q4 2024 to a high of $216.8 million in Q3 2023 over five years.
- On a year-over-year basis, Operating Expenses increased in two of the last five quarters, with growth averaging 14.8%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2024, with growth of 389.6%; the weakest was Q3 2024, with a decline of 47.3%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $103.24 million (Q1 2026), -$19.59 million (Q4 2025) and -$23.21 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Greenfire Resources | 402.28 Mn | 286.33 Mn | 140.78 Mn | 91.34 Mn |
Historic 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 | 35.00 Mn |
| Mar 31, 2024 | 144.01 Mn |
| Dec 31, 2023 | -16.79 Mn |
| Sep 30, 2023 | 216.80 Mn |
| Jun 30, 2023 | 35.68 Mn |
| Mar 31, 2023 | 29.41 Mn |
| Dec 31, 2022 | 143.05 Mn |
| Sep 30, 2022 | 128.62 Mn |
Greenfire Resources Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=GFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "GFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=GFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();