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PROP (Prairie Operating Co) ROC (Joel Greenblatt) % : -46.45% (As of Dec. 2024)


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What is Prairie Operating Co ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Prairie Operating Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -46.45%.

The historical rank and industry rank for Prairie Operating Co's ROC (Joel Greenblatt) % or its related term are showing as below:

PROP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2802.1   Med: -671.31   Max: -8.59
Current: -67.08

During the past 13 years, Prairie Operating Co's highest ROC (Joel Greenblatt) % was -8.59%. The lowest was -2802.10%. And the median was -671.31%.

PROP's ROC (Joel Greenblatt) % is ranked worse than
91.14% of 1005 companies
in the Oil & Gas industry
Industry Median: 8.68 vs PROP: -67.08

Prairie Operating Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 47.80% per year.


Prairie Operating Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Prairie Operating Co's ROC (Joel Greenblatt) % 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.

* Premium members only.

Prairie Operating Co ROC (Joel Greenblatt) % Chart

Prairie Operating Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -937.89 -526.87 -8.59 -374.78 -46.89

Prairie Operating Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROC (Joel Greenblatt) % 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 -305.21 -107.25 -91.72 -98.58 -46.45

Competitive Comparison of Prairie Operating Co's ROC (Joel Greenblatt) %

For the Oil & Gas E&P subindustry, Prairie Operating Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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's ROC (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prairie Operating Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Prairie Operating Co's ROC (Joel Greenblatt) % falls into.


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Prairie Operating Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.267) - (17.514 + 0 + 7.79)
=-25.037

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.299 + 0 + 0.317) - (45.114 + 0 + 5.017)
=-37.515

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Prairie Operating Co for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-43.18/( ( (49.601 + max(-25.037, 0)) + (136.325 + max(-37.515, 0)) )/ 2 )
=-43.18/( ( 49.601 + 136.325 )/ 2 )
=-43.18/92.963
=-46.45 %

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

* 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  (NAS:PROP) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Prairie Operating Co ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Prairie Operating Co's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Prairie Operating Co Business Description

Traded in Other Exchanges
N/A
Address
55 Waugh Drive, Suite 400, Houston, TX, USA, 77007
Prairie Operating Co is a Houston-based independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company's assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation.
Executives
Robert Craig Owen officer: Chief Financial Officer 2350 N. SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032
Bryan Freeman officer: Exec VP of Operations 16200 PARK ROW, SUITE 300, HOUSTON TX 77084
Daniel T. Sweeney officer: General Counsel & Corp. Sec'y 8636 N. CLASSEN BOULEVARD, OKLAHOMA CITY OK 73114
Stephen Lee director 3326 MID LANE, HOUSTON TX 77027
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Erik Thoresen director C/O FUSION ACQUISITION CORP. II, 667 MADISON AVENUE, NEW YORK NY 10065
Paul Kessler director, 10 percent owner 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
James W. Wallis 10 percent owner 6410 NORTH SANTA FE AVE., STE B, OKLAHOMA CITY OK 73116
Jonathan H. Gray director 657 PERUGIA WAY, LOS ANGELES CA 90077
Gary C Hanna director, officer: President
Michael Martin Breen director LOWSLEY HOUSE 133 HEADLEY ROAD, LIPHOOK X0 GU30 7PU
Jeremy Landon Ham officer: Chief Commercial Officer 12115 DOUBLE TREE DRIVE, HOUSTON TX 77070
Edward Kovalik director, officer: Chief Executive Officer 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Scott D Kaufman director, 10 percent owner, officer: Chairman, CEO and President MIDUSMMER INVESTMENT LTD, 485 MADISON AVENUE 23RD FLOOR, NEW YORK NY 10022
Alan Louis Urban officer: Chief Financial Officer 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404