Record Resources (TSXV:REC) Total Operating Expense: C$2.61 Mil (TTM As of Mar. 2026)


What is Record Resources Total Operating Expense?

Record Resources TSXV:REC Total Operating Expense is C$2.61 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Record Resources's Total Operating Expense for the three months ended in Mar. 2026 was C$0.91 Mil. Record Resources's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$2.61 Mil.

Record Resources Total Operating Expense Related Terms

Record Resources Total Operating Expense Historical Data

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The historical data trend for Record Resources's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Record Resources Total Operating Expense Chart

Record Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.10 0.09 1.36

Record Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.67 0.46 0.57 0.91

Record Resources Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.61 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of C$2.61 Mil mean?
Record Resources (TSXV:REC) has a Total Operating Expense of C$2.61 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Record Resources and its competitors.
Is Record Resources' Total Operating Expense too high?
Record Resources' current Total Operating Expense is C$2.61 Mil.
How does Record Resources' Total Operating Expense compare to COP and EOG?
Record Resources' Total Operating Expense of C$2.61 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Record Resources and its competitors. Record Resources's current Total Operating Expense is C$2.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record Resources stock overvalued right now?
Record Resources (TSXV:REC) has a current Total Operating Expense of C$2.61 Mil. The current Total Operating Expense is C$2.61 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Record Resources (TSXV:REC), the current Total Operating Expense is C$2.61 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Record Resources Business Description

Industry EnergyOil & Gas
Address 12220 Stony Plain Road NW, Suite 600, Edmonton, AB, CAN, T5N 3Y4
Record Resources Inc is a Canadian-based world-wide energy exploration company. The company is focused on acquiring and developing international and national energy projects. The group recently had around 20% interest in the exploration, appraisal, development, and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. The company also has fully owned Hydrogen properties in Ontario.