Prairie Operating Co.
PROPNasdaqEnergy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $241.6M | $7.9M | $1.5M | $517,602 | $369,804 | $412,325 |
| Operating income | $65.6M | −$26.5M | −$16.5M | −$461,520 | −$18.2M | −$2.3M |
| Net income | $32.1M | −$40.9M | −$79.1M | −$461,520 | −$17.3M | −$1.9M |
| Total assets | $944.5M | $156.6M | $45.7M | $1.8M | $13.2M | $2.7M |
| Total liabilities | $678.2M | $103.8M | $5.5M | $2.2M | $9.0M | $9.5M |
| Equity | $130.2M | $52.8M | $40.2M | −$6.5M | $4.2M | −$6.8M |
| EPS (diluted) | $-1.35 | $-2.65 | $-16.51 | $-1.18 | $-3.71 | $-0.53 |
| Shares out. | 26.9M | 10.0M | 12.2M | 10.4M | 3.5M | 3.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 27.1%
- Net margin
- 13.3%
- Return on equity
- 24.6%
- Return on assets
- 3.4%
- Return on capital (ROCE)
- 8.0%
- Liabilities / assets
- 71.8%
- Debt / equity
- 5.21×
- Book value / share
- $4.85
- Revenue growth (YoY)
- 2943.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 0.05distress
- Accruals / assets
- −12.9%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2017
- NT 10-Qmissed a reporting deadline ↗May 16, 2017
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2017
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2016
- NT 10-Qmissed a reporting deadline ↗May 17, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2016
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Narrogal Nominees Pty Ltd Atf Gregory K O'Neill Family TrustActivist (13D)Dec 16, 2025
- Thrc Holdings, LpPassive (13G)Nov 21, 2025
- Bristol Investment Fund LtdActivist (13D)Nov 14, 2025
- Bayswater Exploration & Production, LlcPassive (13G)Sep 11, 2025
- Ngl Energy Partners LpPassive (13G)Mar 31, 2025
- Wallis James W.Passive (13G)Sep 17, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 15.5M | 3.8 | +11.6% |
| Apr 30, 2026 | 13.9M | 4.2 | +37.5% |
| Apr 15, 2026 | 10.1M | 1.0 | +102.8% |
| Mar 31, 2026 | 5.0M | 1.0 | +6.7% |
| Mar 13, 2026 | 4.7M | 1.1 | -43.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 14, 2026
- Director / officer changeApr 22, 2026
- Entered a material agreement · Unregistered equity sale · Modified shareholder rightsApr 9, 2026
- Entered a material agreementApr 7, 2026
- Results of operationsMar 30, 2026
- Entered a material agreementMar 25, 2026
- Director / officer change · Regulation FD disclosureMar 3, 2026
- Results of operationsNov 14, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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