Permian Resources (PR) Operating Expenses (2015 - 2026)
Permian Resources (PR) reported Operating Expenses of $929.86 million for Q2 2026, up 3.3% from $900.11 million a year earlier and up 1.0% from the prior quarter.
Permian Resources (PR) Operating Expenses (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Permian Resources' Operating Expenses came in at $3.68 billion, up 6.3% year-over-year; for FY2025, it was $3.6 billion, up 10.6% from FY2024.
- Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- By year, Operating Expenses came in at $3.26 billion in FY2024 (+60.9%), $2.02 billion in FY2023 (+80.4%), $1.12 billion in FY2022 (+60.5%) and $699.43 million in FY2021 (-48.6%).
- Five-year quarterly Operating Expenses spans a low of $177.57 million in Q4 2021 and a high of $930.85 million in Q3 2025.
- Year over year, Operating Expenses has now increased in each of the last 18 quarters, with growth averaging 18.5% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2022 (growth of 138.2%); the low point was Q4 2021 (a decline of 8.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $920.9 million (Q1 2026), $899.53 million (Q4 2025) and $930.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 17.00 Mn |
| 10 | Permian Resources | 17.70 Bn | 17.13 Bn | - | 929.86 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 929.86 Mn |
| Mar 31, 2026 | 920.90 Mn |
| Dec 31, 2025 | 899.53 Mn |
| Sep 30, 2025 | 930.85 Mn |
| Jun 30, 2025 | 900.11 Mn |
| Mar 31, 2025 | 871.99 Mn |
| Dec 31, 2024 | 870.80 Mn |
| Sep 30, 2024 | 820.75 Mn |
| Jun 30, 2024 | 790.95 Mn |
| Mar 31, 2024 | 774.08 Mn |
| Dec 31, 2023 | 760.57 Mn |
| Sep 30, 2023 | 451.90 Mn |
| Jun 30, 2023 | 431.99 Mn |
| Mar 31, 2023 | 380.13 Mn |
| Dec 31, 2022 | 422.92 Mn |
| Sep 30, 2022 | 327.72 Mn |
| Jun 30, 2022 | 189.56 Mn |
| Mar 31, 2022 | 182.22 Mn |
| Dec 31, 2021 | 177.57 Mn |
| Sep 30, 2021 | 192.00 Mn |
Permian Resources Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();