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Primeenergy Resources (PNRG) Rent Expense (2017 - 2023)

Primeenergy Resources filings provide 7 years of Rent Expense readings, the most recent being $8.0 million for Q1 2023.

  • On a quarterly basis, Rent Expense fell 8.54% to $8.0 million in Q1 2023 year-over-year; TTM through Mar 2023 was $37.1 million, a 29.3% increase, with the full-year FY2022 number at $37.8 million, up 54.86% from a year prior.
  • Rent Expense reached $8.0 million in Q1 2023 per PNRG's latest filing, down from $11.2 million in the prior quarter.
  • The five-year high for Rent Expense was $11.2 million in Q4 2022, with the low at $3.8 million in Q3 2020.
  • A 5-year average of $7.5 million and a median of $8.1 million in 2019 define the central range for Rent Expense.
  • Year-over-year, Rent Expense plummeted 53.65% in 2020 and then soared 107.78% in 2022.
  • Year by year, Rent Expense stood at $9.0 million in 2019, then decreased by 26.35% to $6.6 million in 2020, then skyrocketed by 37.16% to $9.1 million in 2021, then grew by 22.83% to $11.2 million in 2022, then decreased by 28.82% to $8.0 million in 2023.
  • Per Business Quant, the three most recent readings for PNRG's Rent Expense are $8.0 million (Q1 2023), $11.2 million (Q4 2022), and $8.7 million (Q3 2022).