Prairie Operating (PROP) Gross Margin (2010 - 2022)
Prairie Operating (PROP) posted quarterly Gross Margin of 94.91% for Q1 2022, up 4764.0% year-over-year from 1.95% in Q1 2021, and up 252.77% quarter-over-quarter from 26.9% in Q2 2021.
Prairie Operating (PROP) Gross Margin (2010 - 2022) Analysis & Trends
Prairie Operating (PROP) has reported Gross Margin for 13 consecutive years, with 94.91% the latest figure, recorded in Q1 2022.
- In Q1 2022, Gross Margin rose 4764.0% year-over-year to 94.91%; the TTM figure through Mar 2022 stood at 206.64% (up 25696.0% YoY), while the FY2020 annual figure was 366.6%, up 35805.0% from the prior year.
- Gross Margin grew to 94.91% in Q1 2022 per PROP's latest filing, from 26.9% in the prior quarter.
- Across five years, Gross Margin topped out at 94.91% in Q1 2022 and bottomed at 31.35% in Q4 2018.
- Historically, Gross Margin has averaged 22.34% across 5 years, with a median of 22.22% in 2020.
- Annual changes were most pronounced in 2018 — Gross Margin tumbled 3151 bps — and 2020, when it surged 5069 bps.
- Prairie Operating's Gross Margin stood at 31.35% in 2018, then soared by 68 bps to 10.17% in 2019, then climbed by 26 bps to 7.53% in 2020, then jumped by 457 bps to 26.9% in 2021, then soared by 253 bps to 94.91% in 2022.
- Business Quant data shows PROP's Gross Margin at 94.91% in Q1 2022, 26.9% in Q2 2021, and 47.27% in Q1 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Prairie Operating | 63.23 Mn | 63.21 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% |