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| Date | Value |
|---|---|
| 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% |