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
DateValue
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