Prairie Operating (PROP) Operating Expenses (2010 - 2025)
Prairie Operating's (PROP) quarterly Operating Expenses came in at $65.2 million in Q4 2025, up 622.25% year-on-year from $9.0 million in Q4 2024, and up 28.61% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 622.25% year-over-year to $65.2 million in Q4 2025; TTM through Dec 2025 was $176.8 million, a 413.3% increase from a year earlier, with the FY2025 full-year figure at $176.1 million, up 411.06% from the prior year.
- Operating Expenses for Q4 2025 stood at $65.2 million, up from $50.7 million in the prior quarter.
- Over the last five years, Operating Expenses for PROP reached as high as $65.2 million in Q4 2025 and fell as low as $64392.0 in Q1 2023.
- Historically, Operating Expenses has averaged $13.2 million across 5 years, with a median of $7.3 million in 2023.
- Across the five-year window, Operating Expenses sank 98.17% in 2023 and jumped 12393.79% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $12.4 million in 2021, then plunged by 96.27% to $461520.0 in 2022, then soared by 1480.9% to $7.3 million in 2023, then gained by 23.67% to $9.0 million in 2024, then soared by 622.25% to $65.2 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 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 | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | Prairie Operating | 33.29 Mn | 4.47 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 | 1.80 Mn |
| Mar 31, 2022 | 3.51 Mn |
| Dec 31, 2021 | 12.37 Mn |
| Jun 30, 2021 | 1.34 Mn |
| Mar 31, 2021 | 3.00 Mn |
| Dec 31, 2020 | 575,935.00 |