CKX Lands, Inc. (CKX) vs Prairie Operating Co. (PROP)

CKX Lands, Inc. and Prairie Operating Co. are both Oil & Gas E&P companies. Prairie Operating Co. is the larger, with a market value of $47.1M against $22.4M — 2.1× the size. Prairie Operating Co. has negative trailing earnings, so its P/E is not meaningful; CKX Lands, Inc. trades at 7.6×. Prairie Operating Co. grew revenue faster over the last twelve months: 311.2% against −17.1%. CKX Lands, Inc. has the higher net margin (419.8% vs 1.01%) and the higher return on invested capital (50.9% vs 10.3%). Across the 20 metrics below, CKX Lands, Inc. leads on 13 and Prairie Operating Co. on 7.

Valuation

Metric CKX PROP Oil & Gas E&P median
P/E 7.62 n/m 10.57
P/S 32.04 0.13 1.80
P/B 1.03 0.21 1.27
Price to free cash flow 2.69 n/m 9.99
EV/EBITDA 1.41 2.60 5.08
EV/Sales 6.73 1.41 2.39
Earnings yield 13.12% (293.60%) 6.06%
Free cash flow yield 37.23% (86.39%) 6.17%

Profitability

Metric CKX PROP Oil & Gas E&P median
Gross margin 95.43% 100.00% 80.41%
Operating margin 478.47% 33.92% 21.39%
Net margin 419.79% 1.01% 14.17%
Free cash flow margin (14.22%) (11.63%) 9.71%
Return on equity 14.43% 2.18% 10.05%
Return on assets 14.28% 0.37% 5.81%
Return on invested capital 50.86% 10.31% 6.32%

Growth

Metric CKX PROP Oil & Gas E&P median
Revenue growth (TTM) (17.06%) 311.16% 9.94%
EPS growth (last fiscal year) 1,125.00% 49.06% —
Revenue growth, 5-year CAGR 4.53% 257.76% 18.67%
Net income growth, 5-year CAGR 54.73% 0.00% 0.00%

Health

Metric CKX PROP Oil & Gas E&P median
Debt to equity 0.00 1.64 0.28
Current ratio 124.60 0.25 0.96
Net debt to EBITDA (4.94) 3.13 0.91

Dividend

Metric CKX PROP Oil & Gas E&P median
Dividend yield — — 4.93%
Payout ratio 0.00 — 0.07

Size

Metric CKX PROP Oil & Gas E&P median
Market cap 22.35m 47.09m 923.59m

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