Permian Resources (PR) Research & Development (2016 - 2026)
Permian Resources (PR) posted quarterly Research & Development of $4.0 million for Q1 2026, down 73.79% year-over-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.
- 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 for Q1 2026 stood at $4.0 million, down from $6.8 million in the prior quarter.
- The five-year high for Research & Development was $15.2 million in Q1 2025, with the low 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.
- The sharpest annual moves came in 2023 and 2026: Research & Development soared 169.34% in 2023, then tumbled 73.79% in 2026.
- Permian Resources' Research & Development stood at $4.8 million in 2022, then retreated by 2.01% to $4.7 million in 2023, then surged by 36.28% to $6.4 million in 2024, then rose by 6.85% to $6.8 million in 2025, then plunged by 41.21% to $4.0 million in 2026.
- Business Quant data shows PR's Research & Development at $4.0 million in Q1 2026, $6.8 million in Q4 2025, and $4.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Permian Resources | 19.91 Bn | 19.65 Bn | - | 9.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.84 Mn |