Primeenergy Resources (PNRG) Operating Expenses (2010 - 2026)
Primeenergy Resources (PNRG) recorded quarterly Operating Expenses of $34.2 million in Q1 2026, down 30.83% quarter-over-quarter from $49.4 million in Q4 2025, and down 11.66% on a YoY basis from $38.7 million in Q1 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.
- In Q1 2026, Operating Expenses fell 11.66% year-over-year to $34.2 million; the TTM figure through Mar 2026 stood at $154.1 million (down 12.8% YoY), while the FY2025 annual figure was $158.6 million, down 4.84% from the prior year.
- Operating Expenses was $34.2 million for Q1 2026 at Primeenergy Resources, down from $49.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $56.4 million in Q4 2024 to a low of $21.0 million in Q1 2023.
- Historically, Operating Expenses has averaged $32.7 million across 5 years, with a median of $30.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 85.11% in 2024, then fell 21.07% in 2025.
- A 5-year view of Operating Expenses shows it 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 tumbled by 30.83% to $34.2 million in 2026.
- The last three Operating Expenses figures came in at $34.2 million (Q1 2026), $49.4 million (Q4 2025), and $32.7 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 | Primeenergy Resources | 295.88 Mn | 276.51 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 |