Laredo Oil (LRDC) Operating Expenses (2010 - 2026)
Laredo Oil (LRDC) posted Operating Expenses of $1.1 million for Q1 2026, down 63.97% sequentially from $3.0 million in Q4 2025, and up 75.23% YoY from $609866.0 in Q1 2025.
Laredo Oil (LRDC) Operating Expenses (2010 - 2026) Analysis & Trends
Laredo Oil has reported Operating Expenses for 17 years, with the latest figure at $1.1 million in Q1 2026.
- Quarterly Operating Expenses rose 75.23% year-over-year to $1.1 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $6.1 million (up 131.6% YoY) and the FY2025 annual result came in at $3.3 million, down 2.77% from the prior year.
- Operating Expenses slipped to $1.1 million in Q1 2026 per LRDC's latest filing, from $3.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $5.0 million in Q2 2023 and troughed at $151151.0 in Q1 2022.
- A 5-year average of $1.2 million and a median of $703394.0 in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 752.3% in 2022, then slumped 87.1% in 2024.
- Over 5 years, Operating Expenses stood at $624920.0 in 2022, then soared by 39.5% to $871772.0 in 2023, then slipped by 19.31% to $703394.0 in 2024, then soared by 321.71% to $3.0 million in 2025, then plunged by 63.97% to $1.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.1 million, $3.0 million, and $693261.0 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 | Laredo Oil | 36.52 Mn | 36.26 Mn | - | 1.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.07 Mn |
| Nov 30, 2025 | 2.97 Mn |
| Aug 31, 2025 | 693,261.00 |
| May 31, 2025 | 1.35 Mn |
| Feb 28, 2025 | 609,866.00 |
| Nov 30, 2024 | 703,394.00 |
| Aug 31, 2024 | 670,359.00 |
| May 31, 2024 | 642,050.00 |
| Feb 29, 2024 | 563,308.00 |
| Nov 30, 2023 | 871,772.00 |
| Aug 31, 2023 | 1.35 Mn |
| May 31, 2023 | 4.98 Mn |
| Feb 28, 2023 | 590,170.00 |
| Nov 30, 2022 | 624,920.00 |
| Aug 31, 2022 | 927,733.00 |
| May 31, 2022 | 1.05 Mn |
| Feb 28, 2022 | 151,151.00 |
| Nov 30, 2021 | 215,476.00 |
| Aug 31, 2021 | 164,955.00 |
| May 31, 2021 | 123,018.00 |