Primeenergy Resources (PNRG) Research & Development (2010 - 2026)
Primeenergy Resources (PNRG) posted quarterly Research & Development of $9.7 million for Q1 2026, up 2.05% year-over-year from $9.5 million in Q1 2025, and down 34.73% quarter-over-quarter from $14.9 million in Q4 2025.
Primeenergy Resources (PNRG) Research & Development (2010 - 2026) Analysis & Trends
Primeenergy Resources' Research & Development history runs 9 years deep, the most recent figure standing at $9.7 million for Q1 2026.
- In Q1 2026, Research & Development rose 2.05% year-over-year to $9.7 million; the TTM figure through Mar 2026 stood at $45.2 million (down 6.06% YoY), while the FY2025 annual figure was $45.0 million, down 5.71% from the prior year.
- Research & Development for Q1 2026 stood at $9.7 million, down from $14.9 million in the prior quarter.
- The five-year high for Research & Development was $14.9 million in Q4 2025, with the low at $5.5 million in Q1 2023.
- The 5-year median for Research & Development is $9.8 million (2022), against an average of $9.9 million.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 66.91% in 2024, then decreased 18.88% in 2025.
- Primeenergy Resources' Research & Development stood at $9.8 million in 2022, then rose by 9.24% to $10.7 million in 2023, then grew by 23.88% to $13.3 million in 2024, then advanced by 12.05% to $14.9 million in 2025, then slumped by 34.73% to $9.7 million in 2026.
- Business Quant data shows PNRG's Research & Development at $9.7 million in Q1 2026, $14.9 million in Q4 2025, and $10.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 16.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Primeenergy Resources | 344.95 Mn | 325.58 Mn | 36.21 Mn | 9.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.71 Mn |
| Dec 31, 2025 | 14.88 Mn |
| Sep 30, 2025 | 10.45 Mn |
| Jun 30, 2025 | 10.14 Mn |
| Mar 31, 2025 | 9.52 Mn |
| Dec 31, 2024 | 13.28 Mn |
| Sep 30, 2024 | 12.88 Mn |
| Jun 30, 2024 | 12.42 Mn |
| Mar 31, 2024 | 9.13 Mn |
| Dec 31, 2023 | 10.72 Mn |
| Sep 30, 2023 | 7.90 Mn |
| Jun 30, 2023 | 7.72 Mn |
| Mar 31, 2023 | 5.47 Mn |
| Dec 31, 2022 | 9.81 Mn |
| Sep 30, 2022 | 6.48 Mn |
| Jun 30, 2022 | 7.32 Mn |
| Dec 31, 2013 | 5,000.00 |
| Sep 30, 2013 | 2,000.00 |
| Mar 31, 2013 | 1,000.00 |
| Jun 30, 2012 | 5,000.00 |