Greenfire Resources (GFRWF) Operating Expenses (2022 - 2026)

Greenfire Resources' (GFRWF) 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 (GFRWF) 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 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 Greenfire Resources - - 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