Prairie Operating (PROP) Operating Expenses (2010 - 2026)
Prairie Operating (PROP) posted quarterly 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 - 2026) Analysis & Trends
Prairie Operating (PROP) has reported Operating Expenses for 16 consecutive years, with $65.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 622.25% year-over-year to $65.2 million; the TTM figure through Dec 2025 stood at $176.8 million (up 413.3% YoY), while the FY2025 annual figure was $176.1 million, up 411.06% from the prior year.
- Operating Expenses climbed to $65.2 million in Q4 2025 per PROP's latest filing, from $50.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $65.2 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 98.17% — and 2024, when it soared 12393.79%.
- Prairie Operating's Operating Expenses stood at $12.4 million in 2021, then plunged by 96.27% to $461520.0 in 2022, then jumped by 1480.9% to $7.3 million in 2023, then increased by 23.67% to $9.0 million in 2024, then jumped 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 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 54.24 Mn |
| 10 | Prairie Operating | 63.23 Mn | 63.21 Mn | - | 53.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.50 Mn |
| 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 |