PROP (Prairie Operating Co) Debt-to-Equity: 2.99 (As of Mar. 2026)


PROP Prairie Operating Co PROP
29 GF Score
Price $0.73
! 7 Warning Signs
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What is Prairie Operating Co Debt-to-Equity?

Prairie Operating Co PROP -9.44% 29 Debt-to-Equity is 2.99 as of Mar. 2026. GuruFocus rates PROP with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 794 Oil & Gas companies, Prairie Operating Co ranks worse than 92.82% on this metric.

Prairie Operating Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.4 Mil. Prairie Operating Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $364.7 Mil. Prairie Operating Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $122.5 Mil. Prairie Operating Co's debt to equity for the quarter that ended in Mar. 2026 was 2.99.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Prairie Operating Co's Debt-to-Equity or its related term are showing as below:

PROP' s Debt-to-Equity Range Over the Past 10 Years
Min: -65.44   Med: -0.08   Max: 4.15
Current: 2.99

During the past 13 years, the highest Debt-to-Equity Ratio of Prairie Operating Co was 4.15. The lowest was -65.44. And the median was -0.08.

PROP's Debt-to-Equity is ranked worse than
92.82% of 794 companies
in the Oil & Gas industry
Industry Median: 0.46 vs PROP: 2.99

Prairie Operating Co  (NAS:PROP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Prairie Operating Co Debt-to-Equity Related Terms

Prairie Operating Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Prairie Operating Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Prairie Operating Co Debt-to-Equity Chart

Prairie Operating Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 0.00 0.00 0.88 2.85

Prairie Operating Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 4.15 4.13 2.85 2.99

PROP vs LRDC, NRT, PVL: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Prairie Operating Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prairie Operating Co Debt-to-Equity vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prairie Operating Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Prairie Operating Co's Debt-to-Equity falls into.


PROP
29GF Score
Prairie Operating Co PROP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Prairie Operating Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prairie Operating Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.3 + 369.25) / 130.164
=2.85

Prairie Operating Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.363 + 364.714) / 122.459
=2.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.99 mean?
Prairie Operating Co (PROP) has a Debt-to-Equity of 2.99 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Prairie Operating Co and its competitors. According to the industry distribution chart, Prairie Operating Co ranks #737 out of 794 companies in the Oil & Gas industry, placing it in the top 92.8%.
Is Prairie Operating Co's Debt-to-Equity too high?
Prairie Operating Co's current Debt-to-Equity is 2.99. The Oil & Gas industry median Debt-to-Equity is 0.46. Prairie Operating Co's value of 2.99 is 550% above this industry median. Based on the distribution chart, Prairie Operating Co ranks #737 out of 794 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Prairie Operating Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Prairie Operating Co's Debt-to-Equity compare to LRDC and NRT?
According to the Oil & Gas industry distribution chart, Prairie Operating Co ranks #737 out of 794 companies for Debt-to-Equity. This places Prairie Operating Co in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Prairie Operating Co's value of 2.99 is 550% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Prairie Operating Co's current Debt-to-Equity of 2.99 is 550% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Prairie Operating Co and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prairie Operating Co's current Debt-to-Equity is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prairie Operating Co stock overvalued right now?
Prairie Operating Co (PROP) has a current Debt-to-Equity of 2.99. The current Debt-to-Equity is 2.99 and 550% above the Oil & Gas industry median of 0.46. Prairie Operating Co's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Prairie Operating Co (PROP), the current Debt-to-Equity is 2.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prairie Operating Co Business Description

Industry EnergyOil & Gas
Address 55 Waugh Drive, Suite 400, Houston, TX, USA, 77007
Prairie Operating Co is an independent oil and natural gas company focused on the acquisition and development of crude oil, natural gas, and natural gas liquids (NGLs). Its assets and operations are located in the oil region of rural Weld County, Colorado, within the Denver-Julesburg Basin in Colorado (the DJ Basin). The company generates maximum revenue from crude oil sales, and the rest from the sale of natural gas and natural gas liquids.
29GF Score

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