NASDAQ : PROP
Prairie Operating Co. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 0.4266 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 48.12M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Prairie Operating Co. (PROP) reported revenue of 343.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 343.01M | 241.65M | 7.94M | ||
| Cost of Revenue | 96.62M | 71.55M | 2.72M | ||
| Gross Profit | 246.39M | 170.10M | 5.22M | ||
| Selling, General & Admin | 51.79M | 49.10M | 30.57M | 16.27M | 791.18K |
| Other Operating Expenses | 247.00K | 247.00K | 6.00K | ||
| Operating Expenses | 124.63M | 103.00M | 31.73M | 16.53M | 791.18K |
| Operating Income | 121.77M | 67.09M | -26.51M | -16.53M | -791.18K |
| Interest Expense | -36.25M | -28.52M | -4.18M | -122.00K | |
| Interest & Investment Income | 982.00K | 759.00K | 580.00K | 248.00K | |
| Other Non Operating Income (Expenses) | -59.08M | 79.23M | -4.39M | ||
| EBT Excluding Unusual Items | 27.41M | 118.56M | -34.51M | -16.41M | -791.18K |
| Legal Settlements | -5.67M | -1.52M | |||
| Other Unusual Items | -63.34M | -63.34M | -5.36M | -45.61M | |
| Pretax Income | -41.60M | 53.70M | -39.87M | -62.02M | -791.18K |
| Income Tax Expense | 3.07M | 21.65M | |||
| Earnings From Continuing Operations | -44.67M | 32.05M | -39.87M | -62.02M | -791.18K |
| Earnings From Discontinued Operations | -1.04M | -17.06M | |||
| Net Income | -44.67M | 32.05M | -40.91M | -79.08M | -791.18K |
| Preferred Dividends & Other Adjustments | -47.00M | 92.96M | |||
| Net Income to Common | 2.33M | -60.91M | -40.91M | -79.08M | -791.18K |
| Shares Outstanding (Basic) | 71.35M | 45.23M | 15.45M | 4.79M | |
| Shares Outstanding (Diluted) | 118.99M | 45.23M | 15.45M | 4.79M | |
| EPS (Basic) | 0.03 | -1.35 | -2.65 | -16.51 | |
| EPS (Diluted) | -0.77 | -1.35 | -2.65 | -16.51 | |
| Free Cash Flow | -9.99M | -483.39M | -38.25M | -35.45M | -266.00 |
| Free Cash Flow Per Share | -0.08 | -10.69 | -2.48 | -7.40 | |
| Gross Margin | 71.83% | 70.39% | 65.74% | ||
| Operating Margin | 35.50% | 27.77% | -333.96% | ||
| Profit Margin | 0.68% | -25.20% | -515.33% | ||
| Free Cash Flow Margin | -2.91% | -200.04% | -481.82% | ||
| EBITDA | 193.48M | 119.67M | -26.08M | -15.55M | |
| EBITDA Margin | 56.41% | 49.52% | |||
| D&A For EBITDA | 71.71M | 52.57M | 433.00K | 983.79K | |
| EBIT | 121.77M | 67.09M | -26.51M | -16.53M | -791.18K |
| EBIT Margin | 35.50% | 27.77% | |||
| Effective Tax Rate | 40.32% | ||||
| Revenue as Reported | 241.65M | 241.65M | 7.94M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 21.00K | 20.00K | 5.19M | 13.04M | 79.84K |
| Cash & Short-Term Investments | 21.00K | 20.00K | 5.19M | 13.04M | 79.84K |
| Accounts Receivable | 28.74M | 22.73M | 3.02M | ||
| Other Receivables | 7.23M | 23.11M | 9.28M | ||
| Receivables | 35.97M | 45.83M | 12.79M | ||
| Inventory | 4.22M | 3.60M | 5.00K | ||
| Prepaid Expenses | 1.69M | 1.45M | 312.00K | 171.00K | |
| Other Current Assets | 28.81M | 323.00K | |||
| Total Current Assets | 41.90M | 79.72M | 18.30M | 13.53M | 79.84K |
| Property, Plant & Equipment | 950.46M | 827.42M | 135.94M | 28.86M | |
| Long-Term Deferred Charges | 12.69M | 12.64M | 1.73M | 109.00K | 1.76M |
| Other Long-Term Assets | 167.00K | 24.76M | 578.00K | 3.18M | |
| Total Assets | 1.01B | 944.55M | 156.55M | 45.68M | 1.84M |
| Accounts Payable | 572.00K | 1.05M | 2.30M | ||
| Accrued Expenses | 71.65M | 60.89M | 16.79M | 2.13M | 2.22M |
| Short-Term Debt | 12.55M | ||||
| Current Portion of Leases | 1.54M | 1.30M | 323.00K | 42.00K | |
| Other Current Liabilities | 94.22M | 63.01M | 32.30M | 952.00K | 300.00 |
| Total Current Liabilities | 167.41M | 125.78M | 63.01M | 5.42M | 2.22M |
| Long-Term Debt | 437.46M | 367.77M | 37.56M | ||
| Long-Term Leases | 1.54M | 1.79M | 1.04M | 94.00K | |
| Long-Term Deferred Tax Liabilities | 3.07M | 21.65M | |||
| Other Long-Term Liabilities | 120.04M | 71.11M | 2.18M | ||
| Total Liabilities | 729.53M | 588.10M | 103.79M | 5.51M | 2.22M |
| Common Stock | 1.06M | 625.00K | 230.00K | 98.00K | -381.52K |
| Additional Paid-In Capital | 355.06M | 217.78M | 172.30M | 118.93M | |
| Retained Earnings | -131.37M | -87.72M | -119.77M | -78.85M | |
| Treasury Stock | -1.78M | -531.00K | |||
| Total Common Equity | 222.97M | 130.16M | 52.77M | 40.17M | -381.52K |
| Shareholders' Equity | 275.69M | 356.44M | 52.77M | 40.17M | -381.52K |
| Total Liabilities & Equity | 1.01B | 944.55M | 156.55M | 45.68M | 1.84M |
| Total Debt | 440.55M | 370.87M | 51.48M | 136.00K | |
| Net Cash (Debt) | -440.52M | -370.85M | -46.29M | 12.90M | 79.84K |
| Net Cash Per Share | -3.70 | -8.20 | -3.00 | 2.69 | |
| Filing Date Shares Outstanding | 112.80M | 76.57M | 26.86M | 10.03M | |
| Total Common Shares Outstanding | 105.83M | 62.50M | 23.05M | 9.83M | |
| Working Capital | -125.51M | -46.05M | -44.71M | 8.12M | -2.14M |
| Book Value Per Share | 2.11 | 2.08 | 2.29 | 4.09 | |
| Tangible Book Value | 222.97M | 130.16M | 52.77M | 40.17M | -381.52K |
| Tangible Book Value Per Share | 2.11 | 2.08 | 2.29 | 4.09 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -44.67M | 32.05M | -40.91M | -79.08M | -791.18K |
| Depreciation & Amortization | 71.71M | 52.57M | 433.00K | ||
| Other Amortization | 2.13M | 3.17M | 3.07M | ||
| Stock-Based Compensation | 20.08M | 14.76M | 8.38M | 2.90M | |
| Other Operating Activities | 95.86M | 27.16M | 11.40M | 62.12M | |
| Change in Accounts Receivable | 17.99M | -19.70M | -3.02M | ||
| Change in Inventory | -622.00K | -3.55M | |||
| Change in Accounts Payable | 19.66M | 19.20M | 18.59M | 1.56M | 790.91K |
| Change in Other Net Operating Assets | 56.30M | 28.23M | -7.74M | -119.00K | |
| Operating Cash Flow | 238.44M | 153.90M | -9.35M | -11.94M | -266.00 |
| Capital Expenditures | -248.42M | -637.29M | -28.90M | -23.51M | |
| Cash Acquisitions | -55.75M | ||||
| Other Investing Activities | -29.10M | -18.62M | 1.24M | -170.00K | |
| Investing Cash Flow | -277.53M | -655.92M | -83.41M | -23.68M | |
| Short-Term Debt Issued | 14.25M | ||||
| Long-Term Debt Issued | 390.00M | 33.00M | |||
| Total Debt Issued | 165.00M | 390.00M | 47.25M | ||
| Short-Term Debt Repaid | -3.75M | ||||
| Long-Term Debt Repaid | -55.21M | -1.79M | -150.00K | ||
| Total Debt Repaid | -116.00M | -55.21M | -5.53M | -150.00K | |
| Net Debt Issued (Repaid) | 49.00M | 334.79M | 41.72M | -150.00K | |
| Issuance of Common Stock | 1.88M | 44.45M | 15.00M | ||
| Repurchase of Common Stock | -1.36M | -531.00K | |||
| Other Financing Activities | -21.06M | -30.11M | -5.34M | -1.09M | 137.14K |
| Financing Cash Flow | 28.46M | 496.84M | 84.91M | 48.58M | 137.14K |
| Net Cash Flow | -10.63M | -5.17M | -7.84M | 12.96M | 136.88K |
| Free Cash Flow | -9.99M | -483.39M | -38.25M | -35.45M | -266.00 |
| Free Cash Flow Margin | -2.91% | -200.04% | -481.82% | ||
| Free Cash Flow Per Share | -0.08 | -10.69 | -2.48 | -7.40 | |
| Levered Free Cash Flow | -51.12M | -534.92M | -3.74M | -28.27M | |
| Unlevered Free Cash Flow | -30.60M | -520.27M | -4.20M | -28.19M | |
| Cash Interest Paid | 28.09M | 25.26M | 715.00K | 121.00K | |
| Change in Working Capital | 93.32M | 24.18M | 7.82M | 1.44M | 790.91K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 51.18M | 100.80M | 158.64M | 92.32M | |
| Enterprise Value | 491.70M | 731.82M | 139.17M | 131.74M | |
| Last Close Price | 0.45 | 1.69 | 6.92 | 9.51 | |
| PS Ratio | 0.15 | 0.42 | 19.98 | ||
| PB Ratio | 0.22 | 0.28 | 3.01 | 2.30 | |
| P/TBV Ratio | 0.23 | 0.77 | 3.01 | 2.30 | |
| P/OCF Ratio | 0.21 | 0.66 | |||
| EV/Sales Ratio | 1.43 | 3.03 | 17.53 | ||
| EV/EBITDA Ratio | 2.54 | 6.12 | |||
| EV/EBIT Ratio | 4.04 | 10.91 | |||
| Debt / Equity Ratio | 1.60 | 1.04 | 0.98 | 0.00 | |
| Debt / EBITDA Ratio | 2.25 | 3.06 | |||
| Net Debt / Equity Ratio | 1.60 | 1.04 | 0.88 | -0.32 | 0.21 |
| Net Debt / EBITDA Ratio | 2.28 | 3.10 | -1.77 | 0.83 | |
| Net Debt / FCF Ratio | -44.11 | -0.77 | -1.21 | 0.36 | 300.17 |
| Asset Turnover | 0.37 | 0.44 | 0.08 | ||
| Inventory Turnover | 25.31 | 39.65 | |||
| Quick Ratio | 0.21 | 0.36 | 0.28 | 2.41 | 0.04 |
| Current Ratio | 0.25 | 0.63 | 0.29 | 2.50 | 0.04 |
| Return on Equity (ROE) | -15.45% | 15.67% | -85.79% | -311.74% | |
| Return on Assets (ROA) | 8.17% | 7.62% | -16.39% | -43.49% | |
| Return on Invested Capital (ROIC) | 18.45% | 9.69% | -41.98% | -122.97% | |
| Return on Capital Employed (ROCE) | 14.50% | 8.20% | -28.30% | -41.10% | 207.40% |
| Earnings Yield | -169.34% | 31.80% | -25.79% | -85.66% | |
| FCF Yield | -19.51% | -479.54% | -24.11% | -38.40% | |
| Buyback Yield / Dilution | -329.72% | -192.70% | -222.73% |