Permian Resources (PR) Research & Development (2016 - 2026)

Permian Resources' (PR) quarterly Research & Development came in at $4.0 million in Q1 2026, down 73.79% year-on-year from $15.3 million in Q1 2025, and down 41.21% quarter-over-quarter from $6.8 million in Q4 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.

  • On a quarterly basis, Research & Development fell 73.79% year-over-year to $4.0 million in Q1 2026; TTM through Mar 2026 was $20.8 million, a 39.83% decrease from a year earlier, with the FY2025 full-year figure at $32.0 million, up 4.06% from the prior year.
  • Research & Development retreated to $4.0 million in Q1 2026 per PR's latest filing, from $6.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $15.2 million in Q1 2025 and bottomed at $2.0 million in Q2 2022.
  • The 5-year median for Research & Development is $5.0 million (2023), against an average of $5.7 million.
  • Across the five-year window, Research & Development soared 169.34% in 2023 and plunged 73.79% in 2026, its largest moves.
  • Year by year, Research & Development 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 tumbled by 41.21% to $4.0 million in 2026.
  • Per Business Quant, the three latest PR Research & Development figures stand at $4.0 million (Q1 2026), $6.8 million (Q4 2025), and $4.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 Permian Resources 16.48 Bn 16.26 Bn - 4.00 Mn

Historic Data

Download Data
DateValue
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