Prairie Operating Co - Understand $prop stock

$PROP Market Cap: $138.3 Million

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Financial Snapshot

Revenue

$1.366M

TTM

Gross Margin

63.57%

TTM

Net Earnings

-$75.37M

TTM

Current Assets

$4.604M

Q2 2024

Current Liabilities

$12.51M

Q2 2024

Current Ratio

36.82%

Q2 2024

Total Assets

$48.23M

Q2 2024

Total Liabilities

$12.68M

Q2 2024

Book Value

$35.55M

Q2 2024

Cash

$2.200M

Q2 2024

P/E

-1.836

Sep 18, 2024 EST

Free Cash Flow

-$46.48M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.546M	$517.6K	$807.6K	$412.3K	$10.58M	$13.90M	$15.07M	$22.70M
YoY Change	198.64%	-35.91%	95.86%	-96.1%	-23.91%	-7.74%	-33.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$1.546M	$517.6K	$807.6K	$412.3K	$10.58M	$13.90M	$15.07M	$22.70M
Cost Of Revenue	$548.6K	$1.071M	$601.3K	$206.2K	$9.674M	$11.28M	$15.06M	$16.17M
Gross Profit	$997.2K	-$553.9K	$206.3K	$206.2K	$904.6K	$2.624M	$9.310K	$6.535M
Gross Profit Margin	64.51%	-107.0%	25.55%	50.0%	8.55%	18.87%	0.06%	28.78%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$16.27M	$6.288M	$18.12M	$2.456M	$2.762M	$3.565M	$5.347M	$7.717M
YoY Change	158.74%	-65.3%	637.79%	-11.08%	-22.51%	-33.33%	-30.71%
% of Gross Profit	1631.52%		8783.86%	1191.32%	305.32%	135.87%	57432.01%	118.09%
Research & Development	$263.8K
YoY Change
% of Gross Profit	26.45%
Depreciation & Amortization	$983.8K	$658.1K	$112.5K	$24.34K	$47.70K	$80.04K	$147.8K	$159.1K
YoY Change	49.49%	484.91%	362.24%	-48.97%	-40.4%	-45.86%	-7.08%
% of Gross Profit	98.66%		54.54%	11.81%	5.27%	3.05%	1587.86%	2.43%
Operating Expenses	$35.14M	$8.124M	$18.23M	$2.481M	$2.762M	$3.565M	$5.347M	$7.717M
YoY Change	332.49%	-55.44%	634.97%	-10.18%	-22.51%	-33.33%	-30.71%
Operating Profit	-$33.59M	-$7.607M	-$18.03M	-$2.275M	-$1.857M	-$941.0K	-$5.338M	-$1.182M
YoY Change	341.6%	-57.8%	692.52%	22.47%	97.38%	-82.37%	351.48%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	-$5.141M	$613.8K	-$1.175M	-$637.0K	-$304.5K	-$1.677M	-$395.1K	-$26.48K
YoY Change	-937.58%	-152.23%	84.48%	109.24%	-81.85%	324.55%	1392.07%
% of Operating Profit
Other Income/Expense, Net	-$45.49M	-$5.794M	$0.00	$10.00K
YoY Change	685.05%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	-$79.08M	-$13.40M	-$19.08M	-$2.902M	-$2.162M	-$2.615M	-$5.734M	-$1.508M
YoY Change	490.09%	-29.76%	557.49%	34.22%	-17.34%	-54.38%	280.18%
Income Tax					$0.00		$0.00	$0.00
% Of Pretax Income
Net Earnings	-$79.10M	-$13.42M	-$17.27M	-$1.940M	-$2.162M	-$2.615M	-$5.733M	-$1.575M
YoY Change	489.47%	-22.3%	790.06%	-10.24%	-17.34%	-54.38%	263.9%
Net Earnings / Revenue	-5117.12%	-2592.5%	-2138.57%	-470.59%	-20.44%	-18.81%	-38.05%	-6.94%
Basic Earnings Per Share	-$16.51	-$1.18	-$3.71
Diluted Earnings Per Share	-$16.51	-$1.18	-$3.632M	-$553.3K	-$616.5K	-$759.5K	-$1.673M	-$597.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$13.04M	$246.4K	$2.785M	$1.898M	$2.778M	$1.015M	$1.770M	$4.401M
YoY Change	5191.83%	-91.15%	46.77%	-31.68%	173.75%	-42.66%	-59.79%
Cash & Equivalents	$13.04M	$246.4K	$2.785M	$1.898M	$2.778M	$1.015M	$1.770M	$4.401M
Short-Term Investments
Other Short-Term Assets	$164.4K	$4.714M	$8.024M	$65.69K	$440.2K	$977.9K	$644.1K	$996.3K
YoY Change	-96.51%	-41.24%	12114.39%	-85.08%	-54.99%	51.82%	-35.35%
Inventory		$0.00	$18.73K	$220.6K	$0.00		$1.200K	$0.00
Prepaid Expenses
Receivables	$329.8K	$90.00K	$430.00	$33.45K	$110.00	$124.4K	$336.0K	$187.8K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$14.40K	$13.98K
Total Short-Term Assets	$13.53M	$5.051M	$10.83M	$2.217M	$3.218M	$2.117M	$2.765M	$5.599M
YoY Change	167.9%	-53.35%	388.3%	-31.09%	52.01%	-23.45%	-50.61%
Property, Plant & Equipment	$32.04M	$1.632M	$2.354M	$302.6K	$228.8K	$99.79K	$165.4K	$216.0K
YoY Change	1863.4%	-30.66%	677.9%	32.24%	129.28%	-39.67%	-23.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$109.0K	$110.4K	$18.20K	$18.30K	$9.410K	$9.410K	$9.410K	$19.91K
YoY Change	-1.26%	506.32%	-0.55%	94.47%	0.0%	0.0%	-52.74%
Total Long-Term Assets	$32.15M	$1.742M	$2.372M	$452.9K	$238.2K	$109.2K	$174.8K	$235.9K
YoY Change	1745.31%	-26.54%	423.75%	90.11%	118.14%	-37.53%	-25.88%
Total Assets	$45.68M	$6.793M	$13.20M	$2.670M	$3.456M	$2.226M	$2.940M	$5.835M
YoY Change
Accounts Payable	$5.174M	$3.233M	$801.8K	$3.474M	$3.318M	$2.711M	$2.800M	$937.8K
YoY Change	60.04%	303.23%	-76.92%	4.7%	22.39%	-3.18%	198.59%
Accrued Expenses	$242.5K	$3.056M	$2.266M	$108.7K	$93.32K
YoY Change	-92.06%	34.89%	1984.02%	16.49%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$4.994M	$2.500M	$2.500M	$2.500M	$2.495M	$1.117M	$0.00
YoY Change	-100.0%	99.75%	0.0%	0.0%	0.2%	123.37%
Long-Term Debt Due		$1.400M
YoY Change
Total Short-Term Liabilities	$5.416M	$13.17M	$6.039M	$7.066M	$7.704M	$7.141M	$6.306M	$2.737M
YoY Change	-58.87%	118.04%	-14.53%	-8.28%	7.88%	13.23%	130.41%
Long-Term Debt	$0.00	$149.9K	$2.862M	$2.312M	$1.929M	$0.00	$0.00	$1.027M
YoY Change	-100.0%	-94.76%	23.79%	19.82%			-100.0%
Other Long-Term Liabilities	$93.82K	$0.00	$101.1K	$137.7K	$79.82K
YoY Change		-100.0%	-26.56%	72.5%
Total Long-Term Liabilities	$93.82K	$149.9K	$2.963M	$2.449M	$2.009M	$0.00	$0.00	$1.027M
YoY Change	-37.41%	-94.94%	20.96%	21.92%			-100.0%
Total Liabilities	$5.510M	$13.32M	$9.002M	$9.503M	$9.700M	$7.128M	$6.294M	$3.752M
YoY Change	-58.63%	47.95%	-5.27%	-2.04%	36.08%	13.26%	67.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	4.788M shares	11.65M shares	4.755M shares
Diluted Shares Outstanding	4.788M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $138.34 Million

About Prairie Operating Co

Prairie Operating Co. engages in development, exploration, and production of oil, natural gas, and natural gas liquids. The company is headquartered in Houston, Texas and currently employs 11 full-time employees. The company went IPO on 2008-09-04. The firm is engaged in the development and acquisition of producing oil and natural gas resources in the United States. The firm's assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations.

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