Operating Expenses
Production and ad valorem taxes
Permian Resources Production and ad valorem taxes increased by 18.0% to $101.31M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $107.99M to $101.31M. Over 4 years (FY 2021 to FY 2025), Production and ad valorem taxes shows an upward trend with a 55.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 7, 2026
How to read this metric
Changes reflect fluctuations in production volumes, commodity prices, or changes in regional tax legislation.
Detailed definition
Taxes levied by state and local governments based on the volume or value of oil and gas produced. These are distinct fro...
Peer comparison
Common in the energy sector; highly dependent on the specific regulatory environment of the basins where the company operates.
Metric ID:
operating_expenses_production_tax_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $15.78M | $17.80M | $20.97M | $25.05M | $34.70M | $41.75M | $54.23M | $48.51M | $48.93M | $58.94M | $84.38M | $96.17M | $93.07M | $91.55M | $96.95M | $107.99M | $94.93M | $101.48M | $85.85M | $101.31M |
| QoQ Change | — | +12.8% | +17.8% | +19.4% | +38.5% | +20.3% | +29.9% | -10.6% | +0.9% | +20.5% | +43.2% | +14.0% | -3.2% | -1.6% | +5.9% | +11.4% | -12.1% | +6.9% | -15.4% | +18.0% |
| YoY Change | — | — | — | — | +119.8% | +134.5% | +158.6% | +93.6% | +41.0% | +41.2% | +55.6% | +98.2% | +90.2% | +55.3% | +14.9% | +12.3% | +2.0% | +10.9% | -11.4% | -6.2% |
Range$15.78M – $107.99M
CAGR+47.9%
Avg YoY Growth+56.9%
Median YoY Growth+48.3%
Production and ad valorem taxes at Other Companies
Frequently Asked Questions
- What is Permian Resources's production and ad valorem taxes?
- Permian Resources (PR) reported production and ad valorem taxes of $101.31M in Q1 2026.
- How has Permian Resources's production and ad valorem taxes changed year-over-year?
- Permian Resources's production and ad valorem taxes decreased by 6.2% year-over-year, from $107.99M to $101.31M.
- What is the long-term trend for Permian Resources's production and ad valorem taxes?
- Over 4 years (2021 to 2025), Permian Resources's production and ad valorem taxes has grown at a 55.3% compound annual growth rate (CAGR), from $67.14M to $390.26M.
- What does production and ad valorem taxes mean?
- Taxes paid to governments based on the amount of oil and gas produced.