Permian Resources (PR) Research & Development (2016 - 2026)
Permian Resources (PR) recorded quarterly Research & Development of $4.0 million in Q1 2026, down 41.21% quarter-over-quarter from $6.8 million in Q4 2025, and down 73.79% on a YoY basis from $15.3 million in Q1 2025.
Permian Resources (PR) Research & Development (2016 - 2026) Analysis & Trends
Permian Resources' Research & Development history runs 11 years deep, the most recent figure standing at $4.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 73.79% year-over-year to $4.0 million; the TTM figure through Mar 2026 stood at $20.8 million (down 39.83% YoY), while the FY2025 annual figure was $32.0 million, up 4.06% from the prior year.
- Research & Development was $4.0 million for Q1 2026 at Permian Resources, down from $6.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $15.2 million in Q1 2025 to a low of $2.0 million in Q2 2022.
- Historically, Research & Development has averaged $5.7 million across 5 years, with a median of $5.0 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Research & Development jumped 169.34% in 2023, then plunged 73.79% in 2026.
- A 5-year view of Research & Development shows it stood at $4.8 million in 2022, then decreased by 2.01% to $4.7 million in 2023, then soared by 36.28% to $6.4 million in 2024, then gained by 6.85% to $6.8 million in 2025, then sank by 41.21% to $4.0 million in 2026.
- The last three Research & Development figures came in at $4.0 million (Q1 2026), $6.8 million (Q4 2025), and $4.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | - |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -316,475.27 |
| 10 | Permian Resources | 15.93 Bn | 15.71 Bn | 1.29 Bn | 4.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.00 Mn |
| Dec 31, 2025 | 6.80 Mn |
| Sep 30, 2025 | 4.93 Mn |
| Jun 30, 2025 | 5.06 Mn |
| Mar 31, 2025 | 15.25 Mn |
| Dec 31, 2024 | 6.36 Mn |
| Sep 30, 2024 | 6.96 Mn |
| Jun 30, 2024 | 5.98 Mn |
| Mar 31, 2024 | 11.49 Mn |
| Dec 31, 2023 | 4.67 Mn |
| Sep 30, 2023 | 5.03 Mn |
| Jun 30, 2023 | 5.26 Mn |
| Mar 31, 2023 | 4.37 Mn |
| Dec 31, 2022 | 4.77 Mn |
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 1.95 Mn |
| Mar 31, 2022 | 2.31 Mn |
| Dec 31, 2021 | 3.19 Mn |
| Sep 30, 2021 | 1.84 Mn |
| Jun 30, 2021 | 1.76 Mn |