Lease operating expenses
Permian Resources Lease operating expenses decreased by 0.7% to $192.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $179.63M to $192.88M. Over 3 years (FY 2022 to FY 2025), Lease operating expenses shows an upward trend with a 63.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower expenses relative to production indicate operational efficiency, while rising costs may signal aging infrastructure or inflationary pressure on field services.
Detailed definition
Lease operating expenses (LOE) encompass the direct costs incurred to operate and maintain oil and gas wells and related...
Peer comparison
Commonly compared across peers on a per-barrel-of-oil-equivalent (BOE) basis to assess relative cost-competitiveness.
operating_expenses_oil_and_gas_producing_activities_leas_4dde45Historical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $42.97M | $42.97M | $42.97M | $42.97M | $74.53M | $82.99M | $85.81M | $130.44M | $168.67M | $159.67M | $173.26M | $183.58M | $179.63M | $187.97M | $191.34M | $194.18M | $192.88M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +73.5% | +11.3% | +3.4% | +52.0% | +29.3% | -5.3% | +8.5% | +6.0% | -2.2% | +4.6% | +1.8% | +1.5% | -0.7% |
| YoY Change | — | — | — | — | +73.5% | +93.2% | +99.7% | +203.6% | +126.3% | +92.4% | +101.9% | +40.7% | +6.5% | +17.7% | +10.4% | +5.8% | +7.4% |
Lease operating expenses at Other Companies
Frequently Asked Questions
- What is Permian Resources's lease operating expenses?
- Permian Resources (PR) reported lease operating expenses of $192.88M in Q1 2026.
- How has Permian Resources's lease operating expenses changed year-over-year?
- Permian Resources's lease operating expenses increased by 7.4% year-over-year, from $179.63M to $192.88M.
- What is the long-term trend for Permian Resources's lease operating expenses?
- Over 3 years (2022 to 2025), Permian Resources's lease operating expenses has grown at a 63.6% compound annual growth rate (CAGR), from $171.87M to $753.12M.
- What does lease operating expenses mean?
- The day-to-day costs required to keep oil and gas wells running.