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
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 -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