Prairie Operating (PROP) Operating Expenses (2010 - 2025)
Prairie Operating (PROP) reported Operating Expenses of $65.2 million for Q4 2025, up 622.25% year-over-year from $9.0 million in Q4 2024, and up 28.61% quarter-over-quarter from $50.7 million in Q3 2025.
Prairie Operating (PROP) Operating Expenses (2010 - 2025) Analysis & Trends
Prairie Operating (PROP) has 16 years of Operating Expenses data on file, last reported at $65.2 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $65.2 million, up 622.25% year-over-year; the trailing twelve-month figure through Dec 2025 was $176.8 million (up 413.3% YoY), and the FY2025 annual result was $176.1 million, up 411.06% from the prior year.
- Operating Expenses rose to $65.2 million in Q4 2025 per PROP's latest filing, from $50.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $65.2 million in Q4 2025 and troughed at $32723.0 in Q2 2022.
- A 5-year average of $12.5 million and a median of $6.8 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 98.17% in 2023, then soared 12393.79% in 2024.
- A 5-year view of Operating Expenses shows it stood at $12.4 million in 2021, then tumbled by 96.27% to $461520.0 in 2022, then soared by 1480.9% to $7.3 million in 2023, then grew by 23.67% to $9.0 million in 2024, then soared by 622.25% to $65.2 million in 2025.
- Business Quant data shows PROP's Operating Expenses at $65.2 million in Q4 2025, $50.7 million in Q3 2025, and $49.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Prairie Operating | 36.51 Mn | 7.69 Mn | - | 65.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 65.17 Mn |
| Sep 30, 2025 | 50.67 Mn |
| Jun 30, 2025 | 49.16 Mn |
| Mar 31, 2025 | 11.84 Mn |
| Dec 31, 2024 | 9.02 Mn |
| Sep 30, 2024 | 8.82 Mn |
| Jun 30, 2024 | 8.57 Mn |
| Mar 31, 2024 | 8.05 Mn |
| Dec 31, 2023 | 7.30 Mn |
| Sep 30, 2023 | 6.31 Mn |
| Jun 30, 2023 | 2.86 Mn |
| Mar 31, 2023 | 64,392.00 |
| Dec 31, 2022 | 461,520.00 |
| Sep 30, 2022 | 309,511.00 |
| Jun 30, 2022 | 32,723.00 |
| Mar 31, 2022 | 3.51 Mn |
| Dec 31, 2021 | 12.37 Mn |
| Sep 30, 2021 | 1.95 Mn |
| Jun 30, 2021 | 1.34 Mn |
| Mar 31, 2021 | 3.00 Mn |