Permian Resources (PR) Research & Development (2016 - 2026)
Permian Resources (PR) posted Research & Development of $6.75 million for Q3 2026, up 36.9% from $4.93 million a year earlier but down 30.9% from the prior quarter.
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Analysis
Permian Resources (PR) Research & Development (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at Permian Resources was $27.32 million, down 13.6% year-over-year; for FY2025, it came in at $32.04 million, up 4.1% from FY2024.
- Annual Research & Development has increased for four consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- In prior years, Permian Resources' Research & Development was $30.79 million in FY2024 (+59.2%), $19.34 million in FY2023 (+70.0%), $11.38 million in FY2022 (+44.3%) and $7.88 million in FY2021 (-57.1%).
- Quarterly Research & Development has run from a low of $1.95 million in Q2 2022 to a high of $15.25 million in Q1 2025 over five years.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 10.9%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q2 2023, with growth of 169.3%; the weakest was Q1 2026, with a decline of 73.8%.
- According to Business Quant data, Research & Development for the three prior quarters was $9.77 million (Q2 2026), $4 million (Q1 2026) and $6.8 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 116.00 Mn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 259.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 134.00 Mn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 60.00 Mn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 311.00 Mn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | - |
| 10 | Permian Resources | 19.34 Bn | 18.79 Bn | - | 6.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.75 Mn |
| Jun 30, 2026 | 9.77 Mn |
| 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 |
API Access
Permian Resources Research & Development 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=research-and-development&ticker=PR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=PR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();