PROP · XBRL financial data
Prairie Operating financial statements, every quarter
The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (PROP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1* | — | — | — | year only | 14 | 68 | — | — | — | — |
| Revenue from contracts with customers | — | — | — | — | 0 | 8* | 14 | 68 | 78 | 83* | 83 | 99 |
| Research and development | — | — | — | — | — | year only | — | — | — | year only | — | — |
| General and administrative | 6 | 7* | 8 | 9 | 9 | 6* | 6 | 16 | 12 | 16* | 17 | 12 |
| Total operating expenses | 7 | 8* | 8 | 9 | 9 | 9* | 12 | 49 | 51 | 65* | 58 | 54 |
| Operating income (loss) | (6) | (7)* | (8) | (9) | (9) | (1)* | 2 | 19 | 27 | 18* | — | — |
| Interest expense | — | — | — | — | — | year only | 1 | 8 | — | year only | 8 | 10 |
| Other income (expense) | (0) | (0)* | — | — | — | — | — | — | — | — | — | — |
| Income tax expense (benefit) | — | — | — | — | 0 | 0* | 0 | 0 | 0 | 22* | (38) | 20 |
| Net income (loss) | (34) | (23)* | (9) | (9) | (11) | (12)* | (3) | 36 | 1 | (2)* | (153) | 109 |
| Earnings per share, basic USD per share | (5.24) | — | (0.90) | (0.71) | (0.68) | — | (3.49) | 1.04 | (0.44) | — | (2.16) | 1.75 |
| Earnings per share, diluted USD per share | (5.24) | — | (0.90) | (0.71) | (0.68) | — | (3.49) | 0.18 | (0.44) | — | (2.16) | 0.23 |
| Weighted average shares, basic millions of shares | 7 | — | 10 | 12 | 17 | — | 27 | 44 | 51 | — | 81 | 107 |
| Weighted average shares, diluted millions of shares | 7 | — | — | — | 17 | — | 27 | 198 | 51 | — | 81 | 186 |
Balance sheet
CSVFiscal quarters (PROP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7 | 13 | 4 | 2 | 40 | 5 | 15 | 11 | 11 | 0 | 0 | 0 |
| Inventory | — | — | — | — | — | 0 | 1 | 3 | 5 | 4 | 3 | 4 |
| Prepaid and other current assets | — | — | — | — | — | 0 | — | 1 | 2 | 1 | 2 | 2 |
| Total current assets | 8 | 14 | 6 | 5 | 57 | 18 | 72 | 97 | 121 | 80 | 58 | 42 |
| Property and equipment, net | 32 | 32 | 31 | 33 | 42 | 135 | 673 | 738 | 797 | 824 | 869 | 947 |
| Right-of-use asset | — | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 |
| Total assets | 40 | 46 | 47 | 48 | 107 | 157 | 775 | 859 | 940 | 945 | 959 | 1,005 |
| Accounts payable | 2 | 2 | 4 | 4 | 9 | 34 | 25 | 38 | — | 45 | — | 61 |
| Accrued liabilities | — | — | — | — | — | — | — | — | — | 18 | — | 32 |
| Total current liabilities | 12 | 5 | 9 | 13 | 45 | 63 | 127 | 162 | 145 | 126 | 239 | 167 |
| Lease liability, non-current | — | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Total liabilities | 62 | 6 | 9 | 13 | 46 | 104 | 553 | 600 | 679 | 678 | 836 | 739 |
| Accumulated deficit | (55) | (79) | (88) | (96) | (108) | (120) | (122) | (87) | (85) | (88) | (240) | (131) |
| Total stockholders' equity | (64) | 40 | 38 | 36 | 61 | 53 | 34 | 94 | 102 | 130 | 0 | 223 |
| Total liabilities and equity | 40 | 46 | 47 | 48 | 107 | 157 | 775 | 859 | 940 | 945 | 959 | 1,005 |
| Common shares outstanding (cover page) millions of shares | 7 | 10 | 12 | 13 | 23 | 27 | 44 | 50 | 60 | 77 | 98 | 113 |
Cash flows
CSVFiscal quarters (PROP's year ends in late December)
| In millions of dollars | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (34) | (23)* | (9) | (9) | (11) | (12)* | (3) | 36 | 1 | (2)* | (153) | 109 |
| Stock-based compensation | — | 2* | 2 | 1* | 2* | 3* | 1 | 2* | 4* | 7* | 6 | 3* |
| Depreciation and amortization | 0* | 0* | — | — | — | 0* | 2 | 12* | 16* | 19* | 16 | 17* |
| Net cash from operating activities | (3)* | (4)* | (3) | (5)* | 3* | (4)* | 17 | (7)* | 58* | 87* | 42 | 52* |
| Purchases of property and equipment | 0* | 0* | — | — | — | — | — | — | — | — | — | — |
| Net cash from investing activities | (18)* | (2)* | (10) | (2)* | (2)* | (69)* | (528) | 6* | (86)* | (47)* | (36) | (108)* |
| Proceeds from issuing common stock | — | 12* | 28 | (4)* | (9)* | 0* | 44 | 0* | 0* | 0* | 0 | 2* |
| Repayments of long-term debt | — | 0* | — | — | — | — | — | — | — | — | — | — |
| Net cash from financing activities | 20* | 12* | 4 | 5* | 37* | 38* | 521 | (3)* | 29* | (50)* | (6) | 55* |
| Net change in cash | (1)* | 6* | (9) | (2)* | 38* | (35)* | 10 | (4)* | (0)* | (11)* | 0 | (0)* |
Compare with peers
SIC 1311 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1311 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Prairie Operating | 0 | 99 | 52* | 112.8M | — | 10-QJun 30, 2026 |
| Empire Petroleum | 3.1 | 9.5 | (2.8)* | 41.6M | 1.1 quarters | 10-QJun 30, 2026 |
| Amplify Energy | 21 | 53 | 2.8* | 41.5M | — | 10-QJun 30, 2026 |
| Evolution Petroleum | 6.1 | 24* | 6.8* | 40.2M | — | 10-KJun 30, 2026 |
| Berry Corp (bry) | 13 | 156 | 55* | 77.6M | — | 10-QSep 30, 2025 |
| Epsilon Energy | 11 | not reported | 12* | 30.3M | — | 10-QJun 30, 2026 |
| Gran Tierra Energy | 127 | 187 | 57* | 35.4M | — | 10-QJun 30, 2026 |
| Ring Energy | 1.1 | 105 | 41* | 260.5M | — | 10-QJun 30, 2026 |
| W&T Offshore | 191 | 167 | 37* | 154.9M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.