Primeenergy Resources (PNRG) Operating Expenses (2010 - 2026)
Primeenergy Resources' (PNRG) quarterly Operating Expenses came in at $34.2 million in Q1 2026, down 11.66% year-on-year from $38.7 million in Q1 2025, and down 30.83% quarter-over-quarter from $49.4 million in Q4 2025.
Primeenergy Resources (PNRG) Operating Expenses (2010 - 2026) Analysis & Trends
Primeenergy Resources' Operating Expenses history runs 17 years deep, the most recent figure standing at $34.2 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 11.66% year-over-year to $34.2 million in Q1 2026; TTM through Mar 2026 was $154.1 million, a 12.8% decrease from a year earlier, with the FY2025 full-year figure at $158.6 million, down 4.84% from the prior year.
- Operating Expenses fell to $34.2 million in Q1 2026 per PNRG's latest filing, from $49.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $56.4 million in Q4 2024 and bottomed at $21.0 million in Q1 2023.
- The 5-year median for Operating Expenses is $30.5 million (2023), against an average of $32.7 million.
- Across the five-year window, Operating Expenses jumped 85.11% in 2024 and decreased 21.07% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $29.3 million in 2022, then grew by 4.01% to $30.5 million in 2023, then soared by 85.11% to $56.4 million in 2024, then slipped by 12.46% to $49.4 million in 2025, then sank by 30.83% to $34.2 million in 2026.
- Per Business Quant, the three latest PNRG Operating Expenses figures stand at $34.2 million (Q1 2026), $49.4 million (Q4 2025), and $32.7 million (Q3 2025).
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 | Primeenergy Resources | 301.06 Mn | 281.68 Mn | 38.22 Mn | 34.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.17 Mn |
| Dec 31, 2025 | 49.40 Mn |
| Sep 30, 2025 | 32.67 Mn |
| Jun 30, 2025 | 37.80 Mn |
| Mar 31, 2025 | 38.68 Mn |
| Dec 31, 2024 | 56.44 Mn |
| Sep 30, 2024 | 41.39 Mn |
| Jun 30, 2024 | 40.15 Mn |
| Mar 31, 2024 | 28.65 Mn |
| Dec 31, 2023 | 30.49 Mn |
| Sep 30, 2023 | 24.46 Mn |
| Jun 30, 2023 | 22.61 Mn |
| Mar 31, 2023 | 21.03 Mn |
| Dec 31, 2022 | 29.31 Mn |
| Sep 30, 2022 | 21.53 Mn |
| Jun 30, 2022 | 21.99 Mn |
| Mar 31, 2022 | 25.29 Mn |
| Dec 31, 2021 | 21.33 Mn |
| Sep 30, 2021 | 18.19 Mn |
| Jun 30, 2021 | 15.07 Mn |