Prairie Operating Co. (PROP)

From the record

Prairie Operating Co.'s filings since 2017 show 8 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2022-09-19); a notice about its exchange listing (8-K item 3.01, the latest 2026-07-09); an auditor change (8-K item 4.01, 3 times, the latest 2025-09-22); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2017-08-15) (its current reports).

From the record

Prairie Operating Co.'s 7 filed years say what it did: revenue went from $14 million in fiscal 2018 to $242 million in fiscal 2025, up 50.4% a year; it rose in 3 of 6 years; the deepest fall was 97% from fiscal 2018 to fiscal 2021; net income was positive in 1 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Prairie Operating Co.'s diluted share count grew about 57.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 3 purchases of their own stock on the open market in the year to 2026-11-06, buying about $92 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Prairie Operating Co. earned about 25 cents of profit for every dollar of shareholders' money. Leverage: it owed about 86 cents per dollar of assets, and net share issuance: its share count grew 192.7% over the year (the filed statements).

From the record

Prairie Operating Co.'s standing among 76 graded names in its industry family: revenue of $242 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of 13.3% ranks in the top 37%; revenue growth of 405.6% a year over the last 3 filed years ranks in the top 2% (its annual reports).

From the record

Prairie Operating Co.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Patton, Gregory Scott (Chief Executive Officer, as filed), filing under that title since 2026-06-25, 5 months (bottom 7% of its family); most of the 12 officers and directors filing now have filed since the record of its people begins (2023-05-03), a floor of 3.5 years the record cannot see past, so that part is not read; 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Prairie Operating Co.'s room to grow, from the newest filed statements (fiscal 2025): cash of $20 thousand against no long-term debt tagged leaves 0% of its assets as net cash, top 34% of its family; cash from operations less capital spending is 63.7% of revenue (top 10%); research spending of 63.3% of revenue (top 17%) (its annual report).

From the record

Prairie Operating Co.'s growth drivers, from the filed years to fiscal 2025: revenue grew 405.6% a year over the last three filed years against 50.4% over all 7, speeding up (top 1% of its family); the newest year grew 2950.9% (top 1%); research spending grew 108.3% a year (top 5%); capital spending grew 100.8% a year (top 4%) (its annual reports). Prairie Operating Co. reported 3 product lines in fiscal 2025: Crude Oil Sales at $204 million (84%), NGL Sales at $28 million (12%), Natural Gas Sales at $9 million (4%); 3 of 3 grew against the year before (its annual report).

From the record

Prairie Operating Co.'s newest year against its own record: revenue of $242 million in fiscal 2025 came in 995.4% above the $22 million its prior three years' pace pointed to (top 1% of its family); net income of $32 million against a prior three-year average of $24 million (top 5%); a net margin of 13.3% against losses larger than its revenue before (top 1%) (its annual reports).