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| 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 |