Prairie Operating (PROP) Asset Writedowns and Impairment (2021 - 2026)
Prairie Operating (PROP) posted quarterly Asset Writedowns and Impairment of -$16.6 million for Q4 2023, down 432092.94% year-over-year from N/an in Q4 2022, and down 432092.94% quarter-over-quarter from $3853.0 in Q4 2022.
Prairie Operating (PROP) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends
Prairie Operating (PROP) has reported Asset Writedowns and Impairment for 3 consecutive years, with -$16.6 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 432092.94% year-over-year to -$16.6 million; the TTM figure through Dec 2023 stood at -$16.6 million (down 15383.33% YoY), while the FY2025 annual figure was $3.4 million, changed N/A from the prior year.
- Asset Writedowns and Impairment retreated to -$16.6 million in Q4 2023 per PROP's latest filing, from $3853.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $106105.0 in Q1 2022 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment surged 106.45% — and 2023, when it sank 432092.94%.
- Prairie Operating's Asset Writedowns and Impairment stood at -$59752.0 in 2021, then jumped by 106.45% to $3853.0 in 2022, then tumbled by 432092.94% to -$16.6 million in 2023.
- Business Quant data shows PROP's Asset Writedowns and Impairment at -$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 | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Prairie Operating | 57.01 Mn | 56.99 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 196,000.00 |
| Jun 30, 2026 | 196,000.00 |
| 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 |