Prairie Operating Co.
Prairie Operating Co.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 0 | 0 | 0 | 11 | 11 | 15 | 5 | 40 | 2 | 4 | 13 | 7 | |||||
Accounts And Other Receivables Net Current | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Accounts Receivable Net C… | |||||||||||||||||
Oil And Gas Joint Interest Billing Receivables | 7 | 27 | 23 | 24 | - | - | 9 | - | - | - | - | - | |||||
Derivative Assets Current | 0 | 0 | 29 | 13 | 13 | - | 0 | - | - | - | - | - | |||||
Inventory Net | 4 | 3 | 4 | 5 | 3 | 1 | 0 | - | - | - | - | - | |||||
Prepaid Expense And Other Assets Current | 2 | 2 | 1 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Deferred Finance Costs Current Net | - | - | - | - | - | - | - | - | 2 | - | - | - | |||||
Financing Receivable Excluding Accrued Interest Af… | - | - | - | - | - | - | - | 16 | - | - | - | - | |||||
Other Receivables Net Current | - | - | - | 0 | 0 | 0 | 0 | 1 | 1 | 1 | - | - | |||||
Nontrade Receivables Current | - | - | 0 | - | - | - | 0 | - | - | - | - | - | |||||
Assets Current | 42 | 58 | 80 | 121 | 97 | 72 | 18 | 57 | 5 | 6 | 14 | 8 | |||||
Property Plant And Equipm… | |||||||||||||||||
Oil And Gas Property Successful Effort Method Gros… | 1,008 | 913 | 853 | 807 | - | - | 135 | - | - | - | - | - | |||||
Oil And Gas Property Successful Effort Method Net | - | - | 804 | - | 732 | 658 | 135 | 42 | 33 | 31 | 29 | 29 | |||||
Property Plant And Equipment Other | 22 | 21 | 21 | 21 | 21 | 17 | 0 | 0 | - | - | - | - | |||||
Accumulated Depreciation Depletion And Amortizatio… | -82 | -65 | -49 | -31 | -15 | -3 | -0 | -0 | - | - | -1 | -1 | |||||
Property Plant And Equipment Net | 947 | 869 | 824 | 797 | 738 | 673 | 135 | 42 | 33 | 31 | 29 | 32 | |||||
Deposits Assets Noncurrent | - | - | - | - | - | 15 | 0 | 6 | 9 | 9 | - | - | |||||
Deferred Tax Assets Gross | - | 17 | - | - | - | - | - | - | - | - | - | - | |||||
Derivative Assets Noncurrent | 0 | 0 | 25 | 7 | 6 | - | 0 | - | - | - | - | - | |||||
Deferred Finance Costs Net | - | 12 | 13 | 13 | 14 | 14 | 2 | - | - | 1 | - | - | |||||
Operating Lease Right Of Use Asset | 3 | 3 | 3 | 2 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | - | |||||
Other Assets Noncurrent | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | - | - | - | - | |||||
Other Receivable After Allowance For Credit Loss N… | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | |||||
Deferred Costs | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | - | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | - | - | - | - | - | 3 | - | |||||
Assets | 1,005 | 959 | 945 | 940 | 859 | 775 | 157 | 107 | 48 | 47 | 46 | 40 | |||||
Liabilities Mezzanine Equ… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 93 | 105 | 63 | 82 | 79 | 44 | 38 | 23 | 12 | 8 | 5 | 7 | |||||
Interest Payable Current | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Secured Debt Current | - | - | - | - | - | - | - | - | - | - | - | 2 | |||||
Notes Payable Current | - | - | - | - | - | - | - | 5 | - | - | - | - | |||||
Derivative Liabilities | - | - | - | - | - | - | - | 3 | - | - | - | - | |||||
Oil And Gas Sales Payable Current | 21 | 34 | 30 | 35 | 46 | 48 | 2 | - | - | - | - | - | |||||
Liabilities And Stockhold… | |||||||||||||||||
Taxes Payable Current | 35 | 30 | 31 | 27 | 36 | 32 | 7 | - | - | - | - | - | |||||
Convertible Debt Fair Value Disclosures | - | - | 0 | 0 | - | - | 13 | - | - | - | - | - | |||||
Derivative Liabilities Current | 17 | 69 | 0 | 0 | - | 3 | 2 | - | - | - | - | - | |||||
Operating Lease Liability Current | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Liabilities Current | 167 | 239 | 126 | 145 | 162 | 127 | 63 | 45 | 13 | 9 | 5 | 12 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Line Of Credit | 436 | 362 | 366 | 417 | - | - | 28 | - | - | - | - | - | |||||
Fair Value Liabilities Measured On Recurring Basis… | 1 | 1 | 1 | - | - | - | 5 | - | - | - | - | - | |||||
Fair Value Measurement With Unobservable Inputs Re… | - | 1 | 0 | - | - | - | 4 | - | - | - | - | - | |||||
Embedded Derivative Fair Value Of Embedded Derivat… | 12 | 16 | 16 | - | - | - | 0 | - | - | - | - | - | |||||
Hedged Liability Fair Value Hedge | - | - | 0 | - | - | - | 1 | - | - | - | - | - | |||||
Liabilities Fair Value Disclosure | - | - | - | - | - | - | 1 | - | - | - | - | - | |||||
Subordinated Long Term Debt | - | 1 | - | 1 | - | - | - | - | - | - | - | - | |||||
Derivative Liabilities Noncurrent | 15 | 40 | 0 | 0 | - | 1 | 2 | - | - | - | - | - | |||||
Deferred Tax And Other Liabilities Noncurrent | - | - | 22 | - | - | - | 0 | - | - | - | - | - | |||||
Deferred Income Tax Liabilities | 3 | 0 | - | - | - | - | - | - | - | - | - | - | |||||
Asset Retirement Obligation | 4 | 4 | 4 | 3 | 3 | 3 | 0 | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | - | |||||
Other Liabilities Noncurrent | 1 | 1 | 1 | 0 | 1 | - | 0 | - | - | - | - | - | |||||
Liabilities Noncurrent | 572 | 597 | 552 | 534 | 438 | 426 | 41 | 1 | 0 | 0 | 0 | 51 | |||||
Liabilities | 739 | 836 | 678 | 679 | 600 | 553 | 104 | 46 | 13 | 9 | 6 | 62 | |||||
Mezzanine Equity | |||||||||||||||||
Temporary Equity Value Excluding Additional Paid I… | 43 | 122 | 136 | 159 | 165 | 188 | 0 | - | - | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Temporary Equity | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Value | -2 | -2 | -1 | -0 | -0 | -0 | 0 | - | - | - | - | - | |||||
Additional Paid In Capital | 355 | 242 | 218 | 187 | 181 | 156 | 172 | 169 | 132 | 125 | 119 | -9 | |||||
Retained Earnings Accumulated Deficit | -131 | -240 | -88 | -85 | -87 | -122 | -120 | -108 | -96 | -88 | -79 | -55 | |||||
Stockholders Equity | 223 | 0 | 130 | 102 | 94 | 34 | 53 | 61 | 36 | 38 | 40 | -64 | |||||
Drilling Cost Amount Excluded From Amortization | - | - | - | - | - | 36 | 70 | - | - | - | 29 | - | |||||
Liabilities And Stockholders Equity | 1,005 | 959 | 945 | 940 | 859 | 775 | 157 | 107 | 48 | 47 | 46 | 40 | |||||
Impairment Of Oil And Gas Properties | - | - | - | - | - | - | - | - | 33 | 30 | 29 | 29 | |||||
Capitalized Costs Of Unproved Properties Excluded … | 101 | 116 | 58 | - | - | - | 70 | - | - | - | - | - | |||||
Temporary Equity Par Or Stated Value Per Share | - | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | - | - | - | - | - | |||||
Temporary Equity Shares Authorized | - | 50 | 50 | 50 | 50 | 50 | 50 | - | - | - | - | - | |||||
Temporary Equity Shares Issued | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |||||
Temporary Equity Shares Outstanding | - | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 106 | 85 | 62 | 54 | 46 | 43 | 23 | 23 | 13 | 11 | 10 | 7 | |||||
Shares Outstanding | 106 | 85 | 62 | 54 | 46 | 43 | 23 | 23 | 13 | 11 | 10 | 7 | |||||
Treasury Stock Common Shares | 1 | 1 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -17.82% | -28.32% | -29.21% | - | - | - | - | - | - | - | - | - |
| 2025 | -6.25% | -12.50% | -28.37% | -38.17% | -42.01% | -39.35% | 2.87% | 5.17% | 5.17% | -42.86% | -53.10% | -67.83% |
| 2024 | -3.34% | -28.81% | -35.56% | -6.14% | -5.71% | -7.53% | -5.86% | -20.46% | 3.21% | -15.88% | -46.18% | -42.35% |
| 2023 | - | - | - | - | - | - | -30.43% | -49.06% | -46.76% | 18.93% | 14.83% | 13.55% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.25 | 0.24 | 0.63 | 0.83 | 0.60 | 0.57 | 0.29 | 1.27 | 0.37 | 0.72 | 2.50 | 0.66 | |||||
| Quick Ratio | 0.21 | 0.23 | 0.59 | 0.79 | 0.58 | 0.55 | 0.29 | 1.26 | 0.35 | 0.70 | 2.47 | 0.63 | |||||
| Working Capital | -125.51M | -181.02M | -46.06M | -24.03M | -64.24M | -54.74M | -44.71M | 12.06M | -7.90M | -2.45M | 8.12M | -3.99M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 3.31 | 2,090.74 | 5.21 | 6.67 | 6.37 | 16.25 | 1.97 | 0.75 | 0.36 | 0.24 | 0.14 | -0.97 | |||||
| Interest Coverage TTM | 4.40 | -3.39 | 6.24 | 4.44 | 1.03 | -12.13 | - | - | - | -543.49 | -83.59 | -19.61 | |||||
| Debt Ratio | 0.74 | 0.87 | 0.72 | 0.72 | 0.70 | 0.71 | 0.66 | 0.43 | 0.26 | 0.19 | 0.12 | 1.55 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.37 | 0.36 | 0.44 | 0.32 | 0.20 | 0.05 | 0.08 | 0.01 | 0.04 | 0.06 | 0.07 | 0.02 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.12 | -1.49 | -1.35 | -1.15 | -0.36 | -4.68 | -2.65 | -3.07 | -6.21 | -8.71 | -16.51 | -7.60 | |||||
| Free Cash Flow Per Share TTM | -2.13 | -9.54 | -28.06 | -17.63 | -21.50 | -17.30 | -0.60 | -0.58 | -1.28 | -1.51 | -2.49 | -0.92 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Operating Profit Margin TTM | -5.07% | -40.85% | 27.14% | 27.88% | 12.04% | -77.64% | -333.96% | -3,519.15% | -2,156.81% | -1,537.12% | -1,069.55% | -1,175.45% | |||||
| Net Profit Margin TTM | 6.31% | -38.56% | -25.20% | -34.80% | -79.16% | -582.23% | -515.33% | -5,670.86% | -5,452.93% | -5,637.60% | -5,115.82% | -8,382.14% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 281.83% | 1,346.77% | 2,943.81% | 18,320.01% | 6,459.14% | 1,292.75% | 413.59% | 52.64% | 841.01% | 1,066.74% | 198.64% | 55.96% | |||||
| Net Income Growth (1Y) | -130.43% | -4.18% | 48.87% | 13.04% | -4.78% | 43.84% | -48.27% | 3.27% | 329.38% | -5,361.75% | 17,034.69% | 156.50% | |||||
| EPS Growth (1Y) | -112.51% | -68.14% | -49.14% | -62.55% | -74.07% | -46.30% | -83.97% | -59.57% | 40.45% | -6,540.35% | 41,583.94% | 394.51% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 3.58 | -1.36 | -1.26 | -1.73 | -1.86 | -1.14 | -2.61 | -2.85 | -1.75 | -1.01 | -0.58 | -1.61 | |||||
| P/B TTM | 0.35 | 408.97 | 0.59 | 0.99 | 1.40 | 4.21 | 2.03 | 2.40 | 3.66 | 2.33 | 1.13 | -1.25 | |||||
| P/S TTM | 0.23 | 0.53 | 0.32 | 0.60 | 1.47 | 6.66 | 13.47 | 161.70 | 95.29 | 56.76 | 29.46 | 134.63 | |||||
| Market Cap | 77.36M | 163.59M | 76.44M | 100.49M | 131.97M | 143.36M | 106.94M | 146.91M | 130.21M | 87.74M | 45.54M | 80.13M | |||||
| Enterprise Value | 77.33M | 164.78M | 76.42M | 91.31M | 121.32M | 128.39M | 101.75M | 112.14M | 127.98M | 83.70M | 32.50M | 75.32M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -228.28M | -769.18M | -1.27B | -892.59M | -947.46M | -463.67M | -9.35M | -9.66M | -15.33M | -15.09M | -11.94M | -6.05M | |||||
| Net Debt | -21.00K | 1.20M | -20.00K | -9.18M | -10.65M | -14.97M | -5.19M | -34.77M | -2.23M | -4.05M | -13.04M | -4.81M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
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| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Prairie Operating Co. (PROP) — SEC Financial Statements & Analysis
Prairie Operating Co. (PROP) is a crude petroleum & natural gas company, incorporated in DE. Prairie Operating Co. trades on Nasdaq as: PROP. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Prairie Operating Co. reported a 281.83% year-over-year revenue growth, a Debt-to-Equity ratio of 3.31x, a Price-to-Sales (P/S) ratio of 0.23x (TTM), a Price-to-Book (P/B) ratio of 0.35x (TTM), at a market cap of $77.36M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 281.83%
- Debt To Equity
- 3.31x
- P/S TTM
- 0.23x
- P/B TTM
- 0.35x
- Market Cap
- $77.36M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Prairie Operating Co. in?
Prairie Operating Co. (PROP) operates in the Crude Petroleum & Natural Gas industry.
What is PROP's market cap?
Prairie Operating Co. (PROP) has a market capitalization of $77.36M as of 2026-06-30.
What is PROP's P/E ratio?
Prairie Operating Co. (PROP)'s trailing twelve month P/E ratio is 3.58x as of 2026-06-30.
What exchange does PROP trade on?
Prairie Operating Co. (PROP) trades on the Nasdaq.
Where is Prairie Operating Co. incorporated?
Prairie Operating Co. is incorporated in DE.