Prairie Operating (PROP) Gross Margin (2010 - 2022)

Prairie Operating's (PROP) quarterly Gross Margin came in at 94.91% in Q1 2022, up 4764.0% year-on-year from 1.95% in Q1 2021, and up 252.77% on a QoQ basis from 26.9% in Q2 2021.

Prairie Operating (PROP) Gross Margin (2010 - 2022) Analysis & Trends

Prairie Operating (PROP) has 13 years of Gross Margin data on file, last reported at 94.91% in Q1 2022.

  • On a quarterly basis, Gross Margin rose 4764.0% year-over-year to 94.91% in Q1 2022; TTM through Mar 2022 was 206.64%, a 25696.0% increase from a year earlier, with the FY2020 full-year figure at 366.6%, up 35805.0% from the prior year.
  • Gross Margin for Q1 2022 stood at 94.91%, up from 26.9% in the prior quarter.
  • Over the last five years, Gross Margin for PROP reached as high as 94.91% in Q1 2022 and fell as low as 31.35% in Q4 2018.
  • Historically, Gross Margin has averaged 22.34% across 5 years, with a median of 22.22% in 2020.
  • Across the five-year window, Gross Margin sank 3151 bps in 2018 and soared 5069 bps in 2020, its largest moves.
  • Year by year, Gross Margin stood at 31.35% in 2018, then surged by 68 bps to 10.17% in 2019, then increased by 26 bps to 7.53% in 2020, then soared by 457 bps to 26.9% in 2021, then surged by 253 bps to 94.91% in 2022.
  • Per Business Quant data, the three most recent Gross Margin figures were 94.91% in Q1 2022, 26.9% in Q2 2021, and 47.27% in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 60.14%
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 99.43%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 89.26%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 93.19%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 78.73%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 80.17%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 95.79%
10 Prairie Operating 33.29 Mn 4.47 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2022 94.91%
Jun 30, 2021 26.90%
Mar 31, 2021 47.27%
Dec 31, 2020 -7.53%
Sep 30, 2020 54.33%
Jun 30, 2020 41.08%
Mar 31, 2020 22.22%
Dec 31, 2019 -10.17%
Sep 30, 2019 3.64%
Jun 30, 2019 14.86%
Mar 31, 2019 16.68%
Dec 31, 2018 -31.35%
Sep 30, 2018 22.37%
Jun 30, 2018 12.17%
Mar 31, 2018 27.68%
Dec 31, 2017 0.16%
Sep 30, 2017 -0.10%
Jun 30, 2017 -6.99%
Mar 31, 2017 11.07%
Dec 31, 2016 -42.35%