Primeenergy Resources (PNRG) Operating Expenses (2010 - 2026)
Primeenergy Resources (PNRG) posted quarterly Operating Expenses of $34.2 million for Q1 2026, down 11.66% year-over-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.
- 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 for Q1 2026 stood at $34.2 million, down from $49.4 million in the prior quarter.
- The five-year high for Operating Expenses was $56.4 million in Q4 2024, with the low 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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 85.11% in 2024, then declined 21.07% in 2025.
- Primeenergy Resources' Operating Expenses stood at $29.3 million in 2022, then climbed by 4.01% to $30.5 million in 2023, then surged by 85.11% to $56.4 million in 2024, then decreased by 12.46% to $49.4 million in 2025, then slumped by 30.83% to $34.2 million in 2026.
- Business Quant data shows PNRG's Operating Expenses at $34.2 million in Q1 2026, $49.4 million in Q4 2025, and $32.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.17 Bn | 156.48 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.49 Bn | 104.60 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.57 Bn | 75.66 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.79 Bn | 59.33 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.34 Bn | 45.34 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 46.14 Bn | 40.20 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.45 Bn | 35.30 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 34.08 Bn | 33.96 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.53 Bn | 26.29 Bn | - | 54.24 Mn |
| 10 | Primeenergy Resources | 343.92 Mn | 324.55 Mn | 36.21 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 |