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

Primeenergy Resources (PNRG) has 7 years of Rent Expense data on record, last reported at $8.0 million in 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 reached $8.0 million in Q1 2023 per PNRG's latest filing, down from $11.2 million in the prior quarter.
  • Across five years, Rent Expense topped out at $11.2 million in Q4 2022 and bottomed at $3.8 million in Q3 2020.
  • Average Rent Expense over 5 years is $7.5 million, with a median of $8.1 million recorded in 2019.
  • Peak YoY movement for Rent Expense: crashed 53.65% in 2020, then soared 107.83% in 2022.
  • A 5-year view of Rent Expense shows it stood at $9.0 million in 2019, then decreased by 26.35% to $6.6 million in 2020, then soared by 37.17% to $9.1 million in 2021, then rose by 22.81% to $11.2 million in 2022, then decreased by 28.82% to $8.0 million in 2023.
  • Per Business Quant database, its latest 3 readings for Rent Expense were $8.0 million in Q1 2023, $11.2 million in Q4 2022, and $8.7 million in Q3 2022.