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

Primeenergy Resources has reported Rent Expense over the past 7 years, most recently at $8.0 million for Q1 2023.

  • For Q1 2023, Rent Expense fell 8.54% year-over-year to $8.0 million; the TTM value through Mar 2023 reached $37.1 million, up 29.3%, while the annual FY2022 figure was $37.8 million, 54.86% up from the prior year.
  • Rent Expense for Q1 2023 was $8.0 million at Primeenergy Resources, down from $11.2 million in the prior quarter.
  • Over five years, Rent Expense peaked at $11.2 million in Q4 2022 and troughed 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.
  • Biggest five-year swings in Rent Expense: crashed 53.65% in 2020 and later surged 107.78% in 2022.
  • Year by year, Rent Expense stood at $9.0 million in 2019, then dropped by 26.35% to $6.6 million in 2020, then soared by 37.16% to $9.1 million in 2021, then rose by 22.83% to $11.2 million in 2022, then dropped by 28.82% to $8.0 million in 2023.
  • Business Quant data shows Rent Expense for PNRG at $8.0 million in Q1 2023, $11.2 million in Q4 2022, and $8.7 million in Q3 2022.