Prairie Operating Co's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Prairie Operating Co (PROP) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Prairie Operating Co vs Its Competitors
- TTM: Trailing 12-month revenue of 252M vs 191,443M combined for tracked competitors (0.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+32.5% annualized vs trailing 12 months), vs holding steady (-1.5%) for its tracked peer group.
- Growth: Prairie Operating Co generated 513.8% revenue growth year over year in Q1 2026, vs 9.8% for its tracked competitors combined.
- Profitability: Its -204.7% net margin compares with 17.6% for the peer group.
- Peer revenue share: Prairie Operating Co accounted for 0.2% of combined revenue among its tracked peer group, up from 0.0% a year earlier.
- Peer differentiation: Revenue per employee of $4.27M compares with $5.29M for the peer group (0.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
PROP Sales vs. its Competitors, Q1 2026
Prairie Operating Co reported revenue growth of 513.81 % year on year in Q1 2026, above its competitors' combined revenue growth of 9.83 %.
With a net margin of -204.67 %, Prairie Operating Co reported lower profitability than its competitors (17.63 %).
Prairie Operating Co generated 0.18 % of the combined sales of its peer group, up from 0.03 % a year earlier.
Prairie Operating Co vs. its Competitors, Q1 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Prairie Operating Co and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Prairie Operating Co | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Prairie Operating Co's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.3% year over year, combined, vs 513.8% for Prairie Operating Co. Prairie Operating Co's share of combined industry revenue moved from 0.00% to 0.01%, a gain of 0.00 percentage points.
Prairie Operating Co's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Prairie Operating Co | No | - | - | Yes |
| Competitors combined (58) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
PROP Stock Performance relative to its Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Zion Oil and Gas Inc | 282.9% | Outperformed |
| 2 | Gran Tierra Energy Inc | 282.9% | Outperformed |
| 3 | Par Pacific Holdings Inc | 282.9% | Outperformed |
| 4 | Laredo Oil Inc | 282.9% | Outperformed |
| 5 | W and t Offshore inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Prairie Operating Co's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Prairie Operating Co's Comment on Competition and Industry Peers
Publicly Traded Peers of Prairie Operating Co
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Prairie Operating Co | 32.77 | 251.80 |
| Eog Resources Inc | 74,393.27 | 27,026.00 |
| Occidental Petroleum Corporation | 56,784.42 | 21,671.00 |
| Diamondback Energy Inc | 52,087.05 | 17,102.00 |
| Devon Energy Corp | 43,926.20 | 19,676.00 |
| Eqt Corporation | 31,370.67 | 9,535.32 |
| SUBTOTAL | 447,514.54 | 194,932.90 |
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Sources: Prairie Operating Co's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Prairie Operating Co versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Prairie Operating Co's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Wizard Comic Conventions | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Prairie Operating Co's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Prairie Operating Co's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Eog Resources Inc | United States of America 98.40 % |
| Occidental Petroleum Corporation | Oil and gas 95.12 % |
| Eqt Corporation | Upstream 94.90 % |
| Texas Pacific Land Corporation | Land and resource management 64.84 % |
| Antero Resources Corporation | Exploration and production 96.41 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Prairie Operating Co's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Prairie Operating Co | 33 | 4,267,831 | -2,501,593 |
| Eog Resources Inc | 74,393 | 7,948,824 | 2,022,353 |
| Occidental Petroleum Corporation | 56,784 | 2,081,348 | 702,171 |
| Diamondback Energy Inc | 52,087 | 9,706,016 | 1,035,187 |
| Devon Energy Corp | 43,926 | 8,943,636 | 1,493,636 |
| Eqt Corporation | 31,371 | 6,260,879 | 1,916,572 |
| PEERS TOTAL | 447,482 | 5,286,369 | 987,057 |
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Prairie Operating Co's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Occidental Petroleum Corporation | Non-US 20.75 % |
| Sm Energy Co | Permian Basin 49.29 % |
| Granite Ridge Resources Inc | Permian 67.87 % |
| Us Energy Corp | Rockies 84.98 % |
| Barnwell Industries inc | Canada 98.50 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Prairie Operating Co's Position in Industry Market Structure
Market-capitalization share and concentration across all 113 companies in Prairie Operating Co's industry classification, broader than the peer set above. Market cap in millions of $.Prairie Operating Co ranks #0 of 113 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 787, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 291,528 | 18.98 % |
| 2 | Totalenergies Se | 218,956 | 14.25 % |
| 3 | Canadian Natural Resources Limited | 105,431 | 6.86 % |
| 4 | Eni Spa | 96,790 | 6.30 % |
| 5 | Slb Limited | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Occidental Petroleum Corporation | 1,234 | 5.2% |
| 8 | Cenovus Energy Inc | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Devon Energy Corp | 1,234 | 5.2% |
| 0 | Prairie Operating Co | 34 | 0.00 % |
Market cap and industry share for the rest of Prairie Operating Co's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Prairie Operating Co's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (165 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 57.30 % (avg) | -57.3 pp |
| Operating Margin | 29.22 % | industry median | +21.0 pp |
| EBITDA Margin | -34.90 % | 11.81 % (avg) | -46.7 pp |
| Capital Intensity (Capex / Revenue) | 255.24 % | 24.95 % (avg) | +230.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Prairie Operating Co's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (165 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 15.8x | - |
| EV / EBITDA | - | 8.9x | - |
| P/B | 2.5x | 1.8x | +0.7x |
| Return on Equity | -256.18 % | industry aggregate | -265.86 % |
| Return on Invested Capital | 9.52 % | 5.38 % (avg) | 4.14 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Prairie Operating Co's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -33.63 % | - | -23.91 % | -57.29 % | -82.13 % | -129.31 % | - | - |
| Operating Margin | -35.42 % | - | -17.56 % | -29.15 % | -2,239.67 % | - | - | - |
| Return on Invested Capital | 54.86 % | -6.37 % | 17.46 % | 12.06 % | 657.53 % | -321.21 % | -166.10 % | -25.46 % |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Prairie Operating Co's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 787 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 255.24 % vs industry average 24.95 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Prairie Operating Co's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Prairie Operating Co's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Prairie Operating Co's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Prairie Operating Co falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Prairie Operating Co's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 21.0 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+32.5% annualized vs trailing 12 months).
Weaknesses
- Return on equity 265.9 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Prairie Operating Co's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Prairie Operating Co | 0.05 | 0.52 | 3.39 |
| Eog Resources Inc | 0.78 | 1.71 | 0.26 |
| Occidental Petroleum Corporation | 0.34 | 1.11 | 0.57 |
| Diamondback Energy Inc | 0.07 | 0.51 | 0.33 |
| Devon Energy Corp | 0.05 | 0.89 | 0.43 |
| Eqt Corporation | 0.09 | 0.67 | 0.07 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Prairie Operating Co's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Prairie Operating Co | Q1 2026 | +950.7 % | - |
| Eog Resources Inc | Q2 2026 | +57.4 % | +102.5 % |
| Occidental Petroleum Corporation | Q2 2026 | +53.4 % | +540.2 % |
| Diamondback Energy Inc | Q2 2026 | +51.2 % | +178.1 % |
| Devon Energy Corp | Q2 2026 | +73.1 % | +108.4 % |
| Eqt Corporation | Q2 2026 | -29.2 % | -75.3 % |
| PEERS TOTAL | +37.7 % | +126.4 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Prairie Operating Co's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Prairie Operating Co | Q1 2026 | - | +82.7 % |
| Eog Resources Inc | Q2 2026 | - | -0.6 % |
| Occidental Petroleum Corporation | Q2 2026 | - | -6.8 % |
| Diamondback Energy Inc | Q2 2026 | - | -64.1 % |
| Devon Energy Corp | Q2 2026 | - | +37.9 % |
| Eqt Corporation | Q2 2026 | -1.1 % | +18.3 % |
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Prairie Operating Co's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Prairie Operating Co | - | - | - |
| Eog Resources Inc | 12.96% | 16.78% | 22.38% |
| Occidental Petroleum Corporation | 8.90% | 8.31% | 18.83% |
| Diamondback Energy Inc | 2.54% | 2.17% | 4.16% |
| Devon Energy Corp | 7.91% | 9.69% | 14.93% |
| Eqt Corporation | 7.03% | 6.30% | 10.44% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Prairie Operating Co's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Prairie Operating Co | - | 0.13 |
| Eog Resources Inc | 10.96 | 2.75 |
| Occidental Petroleum Corporation | 8.68 | 2.62 |
| Diamondback Energy Inc | 38.27 | 3.05 |
| Devon Energy Corp | 11.12 | 2.23 |
| Eqt Corporation | 11.52 | 3.29 |
| PEERS AVERAGE | 12.36 | 2.30 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.
