Cross Timbers Royalty Trust (CRT) vs Prairie Operating Co. (PROP)

Cross Timbers Royalty Trust and Prairie Operating Co. are both Oil & Gas E&P companies. Cross Timbers Royalty Trust is the larger, with a market value of $77.2M against $40.5M — 1.9× the size. Prairie Operating Co. has negative trailing earnings, so its P/E is not meaningful; Cross Timbers Royalty Trust trades at 24.2×. Prairie Operating Co. grew revenue faster over the last twelve months: 311.2% against −22.4%. Cross Timbers Royalty Trust has the higher net margin (25.3% vs 1.01%) and the higher return on invested capital (877.3% vs 10.3%). Across the 20 metrics below, Cross Timbers Royalty Trust leads on 11 and Prairie Operating Co. on 9.

Valuation

Metric CRT PROP Oil & Gas E&P median
P/E 24.15 n/m 11.01
P/S 6.11 0.11 1.98
P/B 36.71 0.16 1.30
Price to free cash flow n/m n/m 10.68
EV/EBITDA 16.11 2.55 5.09
EV/Sales 5.97 1.38 2.63
Earnings yield 4.14% (371.32%) 5.78%
Free cash flow yield 0.00% (109.26%) 4.91%

Profitability

Metric CRT PROP Oil & Gas E&P median
Gross margin 38.72% 100.00% 80.41%
Operating margin 37.08% 33.92% 21.39%
Net margin 25.30% 1.01% 14.17%
Free cash flow margin 0.00% (11.63%) 8.18%
Return on equity 145.08% 2.18% 10.05%
Return on assets 84.63% 0.37% 5.81%
Return on invested capital 877.28% 10.31% 6.32%

Growth

Metric CRT PROP Oil & Gas E&P median
Revenue growth (TTM) (22.38%) 311.16% 9.94%
EPS growth (last fiscal year) (21.05%) 49.06% (10.50%)
Revenue growth, 5-year CAGR 5.24% 257.76% 18.67%
Net income growth, 5-year CAGR (0.80%) 0.00% 0.00%

Health

Metric CRT PROP Oil & Gas E&P median
Debt to equity 0.00 1.64 0.28
Current ratio 1.00 0.25 0.96
Net debt to EBITDA (0.35) 3.13 0.89

Dividend

Metric CRT PROP Oil & Gas E&P median
Dividend yield 5.06% — 3.29%
Payout ratio 1.22 — 0.35

Size

Metric CRT PROP Oil & Gas E&P median
Market cap 77.16m 40.49m 1.04b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack