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
DateValue
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