Prairie Operating (PROP) Asset Writedowns and Impairment (2021 - 2023)
Prairie Operating's (PROP) quarterly Asset Writedowns and Impairment came in at -$16.6 million in Q4 2023, down 432092.94% year-on-year from N/an in Q4 2022, and down 432092.94% on a QoQ basis from $3853.0 in Q4 2022.
Prairie Operating (PROP) Asset Writedowns and Impairment (2021 - 2023) Analysis & Trends
Prairie Operating (PROP) has 3 years of Asset Writedowns and Impairment data on file, last reported at -$16.6 million in Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 432092.94% year-over-year to -$16.6 million in Q4 2023; TTM through Dec 2023 was -$16.6 million, a 15383.33% decrease from a year earlier, with the FY2025 full-year figure at $3.4 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q4 2023 stood at -$16.6 million, down from $3853.0 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for PROP reached as high as $106105.0 in Q1 2022 and fell as low as -$16.6 million in Q4 2023.
- Historically, Asset Writedowns and Impairment has averaged -$2.8 million across 3 years, with a median of -$534.5 in 2022.
- Across the five-year window, Asset Writedowns and Impairment soared 106.45% in 2022 and tumbled 432092.94% in 2023, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$59752.0 in 2021, then soared by 106.45% to $3853.0 in 2022, then tumbled by 432092.94% to -$16.6 million in 2023.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$16.6 million in Q4 2023, $3853.0 in Q4 2022, and -$1035.0 in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | Prairie Operating | 33.29 Mn | 4.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -16.64 Mn |
| Dec 31, 2023 | -16.64 Mn |
| Dec 31, 2022 | 3,853.00 |
| Dec 31, 2022 | 3,853.00 |
| Sep 30, 2022 | -1,035.00 |
| Sep 30, 2022 | -1,035.00 |
| Jun 30, 2022 | -34.00 |
| Jun 30, 2022 | -34.00 |
| Mar 31, 2022 | 106,105.00 |
| Mar 31, 2022 | 106,105.00 |
| Dec 31, 2021 | -59,752.00 |
| Dec 31, 2021 | -59,752.00 |