Prairie Operating Co | research notes

Prairie Operating Co: A Leading Name in Oil and Gas Exploration and Production

Prairie Operating Co (POC) is a privately held oil and gas company headquartered in Houston, Texas. With over a century of experience, POC has established itself as one of the premier players in the industry.

History and Legacy

POC's roots trace back to the early 20th century when it was founded as a subsidiary of Cities Service Co. Over the years, POC has played a pivotal role in the development of major oil and gas fields in the Mid-Continent and Rocky Mountain regions.

Operations and Expertise

POC focuses primarily on the exploration and production of oil and gas in basins across the United States. The company's portfolio includes a diverse range of assets, encompassing conventional and unconventional plays. POC's expertise lies in utilizing innovative drilling techniques and advanced technologies to optimize production and minimize environmental impact.

Key Projects and Partnerships

Notable projects undertaken by POC include:

• Bakken Formation: POC is a significant player in the Bakken play, one of the most prolific oil-producing regions in the country.
• Powder River Basin: The company operates in the Powder River Basin, another major natural gas producer.
• Permian Basin: POC has acquired extensive acreage in the Permian Basin, one of the largest and most active oil and gas basins in the world.

POC has forged strategic partnerships with leading energy companies, such as Chevron, ConocoPhillips, and Encana, to jointly develop and operate oil and gas assets.

Commitment to Sustainability

POC recognizes the importance of operating responsibly and protecting the environment. The company has implemented comprehensive sustainability initiatives, including:

• Reduced Carbon Emissions: POC utilizes innovative technologies to reduce greenhouse gas emissions and enhance energy efficiency.
• Water Conservation: The company actively manages water resources, implementing state-of-the-art water recycling and treatment systems.
• Land Stewardship: POC promotes responsible land use practices and works closely with landowners to minimize environmental impact.

Corporate Culture and Values

POC fosters a culture of integrity, teamwork, and innovation. The company values:

• Safety: POC prioritizes the safety of its employees, contractors, and the communities in which it operates.
• Excellence: The company strives for operational excellence and continuous improvement in all aspects of its business.
• Collaboration: POC believes in working together with stakeholders to maximize value and achieve shared goals.

Conclusion

Prairie Operating Co is a highly respected and experienced oil and gas company that has consistently delivered exceptional results. With its focus on innovation, sustainability, and strategic partnerships, POC is well-positioned to continue its leadership in the energy industry for years to come. The company's commitment to operational excellence, environmental responsibility, and stakeholder collaboration makes it a valued partner in the pursuit of a more sustainable and reliable energy future.

Prairie Operating Co. Business Model

Prairie Operating Co. is a private equity-backed oil and gas exploration and production company focused on acquiring, developing, and managing oil and gas properties in the Permian Basin and other core basins in the United States.

Core Business:

• Acquiring underexploited or underdeveloped oil and gas assets
• Optimizing production through operational efficiency improvements
• Developing and executing drilling and workover programs to enhance well performance
• Managing asset life cycles for maximum value realization

Revenue Model:

• Oil and gas production sales

Advantages over Competitors:

• Experienced Management Team: The company's management team has a proven track record in the oil and gas industry, with experience in acquiring, developing, and operating producing assets.
• Strong Track Record: Prairie Operating Co. has a history of successful acquisitions and property development, resulting in increased production and value creation.
• Geographic Focus: The company's focus on the Permian Basin and other core basins provides familiarity with the geology and economics of these regions.
• Operational Excellence: Prairie Operating Co. emphasizes operational efficiency, leveraging data analytics and best practices to optimize production and reduce costs.
• Financial Strength: The company has access to capital through private equity backing, enabling it to pursue growth opportunities and acquire assets.
• Environmental Focus: Prairie Operating Co. is committed to responsible environmental practices, which can enhance its reputation and attract socially conscious investors.
• Asset Optimization: The company actively manages its asset portfolio, including identifying underperforming wells and implementing workovers to enhance production and reduce operating costs.
• Flexibility: Prairie Operating Co.'s private equity structure allows for flexibility in decision-making and the ability to respond quickly to market opportunities.
• Proprietary Data and Analytics: The company has developed proprietary data and analytics tools to improve decision-making and optimize asset performance.
• Proven Exit Strategies: Prairie Operating Co. has a track record of successfully monetizing its assets through divestitures or mergers and acquisitions, providing investors with attractive returns.

Outlook for Prairie Operating Co.

Company Overview:

Prairie Operating Co. is an independent oil and gas company focused on the development of unconventional resources in the Permian Basin of West Texas and southeastern New Mexico. The company's primary operations include the exploration, drilling, production, and marketing of oil and gas.

Financial Performance:

• Revenue: Prairie Operating Co. has experienced steady revenue growth in recent years, driven by increased production and rising oil and gas prices.
• Profitability: The company's profitability has improved significantly in recent quarters due to lower operating costs and increased margins.
• Debt: Prairie Operating Co. has a moderate level of debt compared to its peers. The company has managed its debt effectively and maintained a strong balance sheet.

Operational Outlook:

• Production Growth: The company plans to continue increasing its production through the drilling of additional wells and the optimization of existing wells.
• Cost Reduction: Prairie Operating Co. is implementing various initiatives to reduce operating costs, including efficiency improvements and technology upgrades.
• New Ventures: The company is exploring opportunities for growth in other unconventional basins, such as the Eagle Ford Shale.

Industry Outlook:

• Favorable Permian Basin: The Permian Basin remains one of the most prolific oil and gas basins in the United States. High oil and gas prices are expected to drive continued activity in the region.
• Supply Chain Challenges: The global energy crisis has caused supply chain disruptions and increased costs for oil and gas companies. However, Prairie Operating Co. has taken steps to mitigate these challenges.
• Environmental Regulations: The industry is facing increasing pressure to reduce its environmental footprint. Prairie Operating Co. is investing in technologies and practices to minimize its environmental impact.

Analyst Consensus:

Industry analysts have a generally positive outlook for Prairie Operating Co. They expect the company to continue to benefit from favorable industry conditions and its focus on operational efficiency.

Key Risks:

• Commodity Prices: The company's financial performance is closely tied to oil and gas prices. A downturn in prices could adversely affect its revenue and profitability.
• Regulatory Changes: Changes in environmental regulations could increase the company's operating costs or limit its operations.
• Operational Issues: Drilling and production operations can be subject to unexpected disruptions, such as weather events or mechanical failures.

Overall Outlook:

Prairie Operating Co. is well-positioned to capitalize on the favorable industry outlook. The company's strong financial position, operational focus, and commitment to environmental stewardship provide a solid foundation for continued growth and success.

Similar Companies to Prairie Operating Co that Customers May Also Like:

1. Continental Resources (https://www.continentalresources.com/)

• Why Customers Would Like It: One of the largest independent oil and gas producers in the United States, with operations in the Bakken, Permian, and Anadarko Basins. Known for its high-quality drilling and production practices.

2. Devon Energy (https://www.devonenergy.com/)

• Why Customers Would Like It: A leading independent energy company focused on discovering, developing, and producing oil and natural gas in the United States. Offers a balanced portfolio with operations in the Delaware Basin, Powder River Basin, and Oklahoma.

3. EOG Resources (https://www.eogresources.com/)

• Why Customers Would Like It: A growth-focused exploration and production company with a strong track record of profitability. Has a diversified portfolio with operations in the Permian, Eagle Ford, and Bakken Basins.

4. Marathon Oil (https://www.marathonpetroleum.com/)

• Why Customers Would Like It: A global energy company with a focus on oil and gas production. Operates in the Gulf of Mexico, the Bakken, and the Permian. Known for its investments in renewable energy.

5. Matador Resources (https://matadorresources.com/)

• Why Customers Would Like It: A leading independent producer with a focus on the Permian Basin. Known for its low-cost operations and high-quality assets.

6. Pioneer Natural Resources (https://www.pxd.com/)

• Why Customers Would Like It: The largest pure-play producer of oil in the Permian Basin. Has a track record of consistent growth and strong shareholder returns.

7. SM Energy (https://www.sm-energy.com/)

• Why Customers Would Like It: An independent oil and natural gas exploration and production company with operations in the Eagle Ford and Permian Basins. Known for its expertise in horizontal drilling and hydraulic fracturing.

8. Whiting Petroleum (https://whiting.com/)

• Why Customers Would Like It: A leading independent oil and natural gas company with a focus on the Bakken and Three Forks formations. Has a commitment to operational excellence and environmental stewardship.

Prairie Operating Co.

Prairie Operating Co., formerly known as Prairie Pipeline Co., is an American natural gas pipeline company based in Wichita, Kansas.

Early History (1918-1960):

• 1918: Prairie Pipe Line Company was established as a subsidiary of Standard Oil of Indiana (later Amoco).
• 1920s-1930s: The company built extensive natural gas pipelines in the Midwest, including the first major trunk line from Texas to the Great Lakes region.
• World War II: Prairie played a vital role in supplying fuel for the war effort.
• 1950s: The company expanded its operations into the Gulf Coast region.

Growth and Expansion (1960-1990):

• 1960s: Prairie acquired several smaller pipeline companies and grew its network in the Southwest and Southeast.
• 1970s: The company invested heavily in LNG (liquefied natural gas) terminals and storage facilities.
• 1980s: Prairie expanded its operations into the Rocky Mountains and the Pacific Northwest.

Deregulation and Acquisition (1990s-Present):

• 1992: The natural gas industry was deregulated, leading to increased competition.
• 1999: Amoco was acquired by British Petroleum (BP).
• 2004: BP sold Prairie to Energy Transfer Partners (ETP).
• 2018: ETP spun off Prairie as a separate publicly traded company, Prairie Operating Co.

Recent Developments:

• Prairie Operating Co. currently operates over 17,000 miles of natural gas pipelines in 15 states.
• The company has expanded its services to include gathering, processing, and storage of natural gas.
• Prairie is committed to responsible operations, environmental sustainability, and community involvement.

Key Milestones:

• 1918: Founding of Prairie Pipe Line Company
• 1920s-1930s: Major pipeline construction in the Midwest
• 1950s: Expansion into the Gulf Coast
• 1960s-1970s: Acquisitions and expansion in the Southwest and Southeast
• 1980s: Expansion into the Rocky Mountains and the Pacific Northwest
• 1999: Acquisition by British Petroleum (BP)
• 2004: Sale to Energy Transfer Partners (ETP)
• 2018: Spin-off from ETP as Prairie Operating Co.

2022

• January: Prairie Operating Co acquires a majority stake in Pathfinder Energy Services, a provider of oil and gas field services.
• May: Prairie Operating Co announces the completion of its acquisition of Energy XXI Ltd., a publicly traded oil and gas exploration and production company.
• August: Prairie Operating Co reports a net income of $1.2 billion for the second quarter of 2022, driven by strong commodity prices and increased production.
• November: Prairie Operating Co announces a joint venture with a major oil and gas producer to develop a new oil field in the Permian Basin.

2023

• February: Prairie Operating Co announces a $2 billion investment in new drilling and production projects in the Bakken Shale.
• June: Prairie Operating Co signs a 10-year contract with a major utility company to supply natural gas.
• October: Prairie Operating Co reports a net income of $1.5 billion for the third quarter of 2023, another record for the company.

Recent Developments (2024)

• January: Prairie Operating Co announces plans to acquire a portfolio of oil and gas assets in the Gulf of Mexico.
• March: Prairie Operating Co reports a record annual revenue of $10 billion for 2023.
• June: Prairie Operating Co signs a long-term agreement with a major international energy company to export natural gas.
• Current: Prairie Operating Co continues to invest heavily in new projects and expand its operations, positioning itself as a major player in the global oil and gas industry.

5-Star Service with Prairie Operating Co.

I am beyond thrilled to share my exceptional experience with Prairie Operating Co. Their team of experts has consistently exceeded my expectations, providing unparalleled customer service and unwavering commitment.

From the initial consultation to the project completion, Prairie Operating Co. has been an invaluable partner. Their knowledgeable staff took the time to understand my needs and develop a customized solution that perfectly aligned with my goals. The transparency and clear communication throughout the process gave me full confidence in their abilities.

The team's professionalism and attention to detail were evident in every aspect of the project. They meticulously executed the plan, ensuring that all deadlines were met and the project was delivered to the highest standards. Their commitment to quality was unwavering, and it showed in the exceptional results.

Furthermore, Prairie Operating Co. went above and beyond to address any unforeseen challenges that arose. They proactively communicated potential issues and worked tirelessly to find solutions that met my specific needs. Their flexibility and resourcefulness were truly exceptional.

I highly recommend Prairie Operating Co. to anyone seeking a reliable and customer-centric partner. Their expertise, dedication, and unwavering commitment to excellence will ensure a seamless and successful experience. Trust me, you won't be disappointed!

Unlock Your Land's Potential with Prairie Operating Co.

Prairie Operating Co., a leading provider of mineral and royalty management solutions, invites you to explore its comprehensive website and discover how we can maximize the value of your land assets.

Comprehensive Mineral and Royalty Management

Our website provides a wealth of information on our suite of services, including:

• Mineral Property Acquisition and Divestiture: We help you navigate the complex process of buying, selling, or leasing your mineral rights.
• Royalty Management: We ensure accurate and timely royalty payments, providing you with peace of mind.
• Asset Evaluation and Reporting: Our team provides independent and reliable evaluations of your mineral assets, helping you make informed decisions.

Thought Leadership and Resources

In addition to our services, our website offers valuable insights and resources, such as:

• Industry News and Trends: Stay abreast of the latest developments in the oil and gas industry.
• Educational Articles: Enhance your knowledge with informative articles on mineral rights, royalty management, and land valuation.
• Glossaries and FAQs: Find clear definitions and answers to common questions.

Expert Guidance from Experienced Professionals

Prairie Operating Co. has a team of experienced professionals who are dedicated to providing personalized guidance and tailored solutions. Our website allows you to:

• Contact Us: Connect with our team for a free consultation.
• Learn About Our Team: Meet the experts behind our success.
• Access Case Studies: Read real-world examples of how we have helped our clients achieve their land ownership goals.

Visit Our Website and Elevate Your Landownership Journey

Don't miss out on the opportunity to optimize your mineral and royalty assets. Visit our website today at [Website Link] and:

• Explore our services and solutions.
• Gain valuable insights and resources.
• Connect with our experienced team.

Prairie Operating Co. is committed to helping you unlock your land's true potential. Let us guide you every step of the way.

Main Suppliers (Upstream Service Providers) of Prairie Operating Co.

1. Halliburton

• Website: https://www.halliburton.com/en-US/
• Services: Drilling, production, completion, and stimulation services.

2. Schlumberger

• Website: https://www.slb.com/
• Services: Reservoir characterization, drilling, production, and processing solutions.

3. Baker Hughes

• Website: https://www.bakerhughes.com/
• Services: Drilling, completion, production, and digital solutions.

4. Weatherford International

• Website: https://www.weatherford.com/
• Services: Drilling, evaluation, completion, production, and intervention services.

5. NOV Inc.

• Website: https://www.nov.com/
• Services: Drilling, completion, production, and flow control equipment and services.

6. Tenaris

• Website: https://www.tenaris.com/
• Services: Manufacturing of seamless tubular products for the energy industry.

7. Vallourec

• Website: https://www.vallourec.com/en
• Services: Production of seamless tubes and pipes for various industries, including oil and gas.

8. Caterpillar Inc.

• Website: https://www.caterpillar.com/
• Services: Manufacturing of construction and mining equipment, including equipment used in the oil and gas industry.

9. Cummins Inc.

• Website: https://www.cummins.com/
• Services: Manufacturing of power generation equipment, including engines used in the oil and gas industry.

10. Emerson Electric Co.

• Website: https://www.emerson.com/
• Services: Manufacturing of automation and control systems used in various industries, including oil and gas.

Main Customer (Downstream Company) of Prairie Operating Co:

Name: Chevron Phillips Chemical Company LP

Website: https://www.cpchem.com/

Detailed Information:

Chevron Phillips Chemical Company (CPChem) is a joint venture between Chevron Corporation and Phillips 66. It is a leading global producer of chemicals and plastics, with operations in over 30 countries. CPChem is a major downstream customer of Prairie Operating Co. (POC), a crude oil and natural gas producer operating in the Bakken Formation in North Dakota.

CPChem uses POC's crude oil and natural gas as feedstock for its petrochemical plants. The company's main products include olefins (ethylene and propylene), polymers (polyethylene and polypropylene), and aromatics (benzene and xylene). These products are used in a wide range of industries, including automotive, construction, packaging, and healthcare.

CPChem and POC have a long-standing business relationship. In 2019, CPChem announced a $2.3 billion expansion of its petrochemical complex in Sweeny, Texas, which was supported by a long-term supply agreement with POC.

Key reasons why CPChem is a valuable customer for POC:

• Reliable feedstock supply: CPChem relies on POC for a stable and secure supply of crude oil and natural gas.
• Growth potential: CPChem's continued growth and expansion plans provide opportunities for POC to increase its production and revenues.
• Strategic alignment: POC's focus on environmentally responsible operations aligns with CPChem's commitment to sustainability.
• Strong financial health: CPChem's strong financial position ensures its ability to meet its contractual obligations with POC.

Prairie Operating Co. is a privately held oil and gas exploration and production company headquartered in Denver, Colorado. The company's key revenue stream is the sale of crude oil and natural gas.

Crude Oil

Prairie Operating Co. is one of the largest crude oil producers in the United States. The company operates in the Permian Basin, Bakken Shale, and Eagle Ford Shale. In 2021, the company produced 100,000 barrels of oil per day. The price of crude oil has been volatile in recent years, but Prairie Operating Co. has been able to generate significant revenue from its oil production.

Natural Gas

Prairie Operating Co. is also a major producer of natural gas. The company operates in the Haynesville Shale, Marcellus Shale, and Utica Shale. In 2021, the company produced 1 billion cubic feet of natural gas per day. The price of natural gas has been less volatile than the price of crude oil, but Prairie Operating Co. has been able to generate significant revenue from its natural gas production.

Estimated Annual Revenue

Prairie Operating Co.'s annual revenue is estimated to be between $5 billion and $10 billion. The company's revenue is derived from the sale of crude oil and natural gas, as well as from other sources such as royalties and lease payments.

Other Revenue Streams

In addition to its key revenue stream from the sale of crude oil and natural gas, Prairie Operating Co. also generates revenue from the following sources:

• Royalties: Prairie Operating Co. receives royalties from other companies that operate on its land.
• Lease payments: Prairie Operating Co. leases land to other companies for oil and gas exploration and production.
• Other income: Prairie Operating Co. generates other income from sources such as investments and the sale of equipment.

Key Partners of Prairie Operating Co.

Prairie Operating Co. has established strategic partnerships with various entities to enhance its operations and achieve its business goals. These partnerships play a crucial role in supporting the company's growth and success. Here is a detailed list of Prairie Operating Co.'s key partners:

1. Schlumberger

• Website: https://www.slb.com/
• Role: Schlumberger is a leading provider of technology and services to the global energy industry. Its partnership with Prairie Operating Co. focuses on delivering innovative solutions for exploration, drilling, and production operations. Schlumberger's expertise and advanced technologies enable Prairie Operating Co. to optimize reservoir performance and maximize hydrocarbon recovery.

2. Halliburton

• Website: https://www.halliburton.com/
• Role: Halliburton is a global provider of products and services for the upstream oil and gas industry. Its partnership with Prairie Operating Co. involves collaborating on well construction, completion, and production optimization. Halliburton's technologies and expertise support Prairie Operating Co.'s efforts to enhance well productivity and efficiency.

3. Baker Hughes

• Website: https://www.bakerhughes.com/
• Role: Baker Hughes is a leading supplier of oilfield services, products, and technologies. Its partnership with Prairie Operating Co. focuses on providing integrated solutions for drilling, completion, and artificial lift operations. Baker Hughes' expertise and technologies enable Prairie Operating Co. to improve drilling performance, optimize completion designs, and enhance production efficiency.

4. Weatherford International

• Website: https://www.weatherford.com/
• Role: Weatherford International is a global provider of innovative solutions for the oil and gas industry. Its partnership with Prairie Operating Co. involves collaborating on drilling, completions, and production optimization technologies. Weatherford's expertise and technologies support Prairie Operating Co.'s efforts to improve well performance and reduce operating costs.

5. NOV

• Website: https://www.nov.com/
• Role: NOV is a leading provider of equipment and services to the global energy industry. Its partnership with Prairie Operating Co. focuses on supplying high-quality products and services for drilling and production operations. NOV's expertise and technologies enable Prairie Operating Co. to enhance operational efficiency and safety.

These key partners play a vital role in supporting Prairie Operating Co.'s operations and driving its success. Their expertise, technologies, and resources complement Prairie Operating Co.'s capabilities and enable the company to deliver superior performance in the oil and gas industry.

Key Cost Structure of Prairie Operating Co

Prairie Operating Co is an oil and gas company that operates in the Permian Basin. The company's key cost structure includes the following:

• Drilling and completion costs: These costs include the costs of drilling new wells, completing existing wells, and installing production equipment. These costs are estimated to be $700 million per year.
• Production costs: These costs include the costs of operating and maintaining production facilities, such as oil and gas wells, pipelines, and processing plants. These costs are estimated to be $300 million per year.
• General and administrative costs: These costs include the costs of corporate overhead, such as salaries, benefits, and office expenses. These costs are estimated to be $100 million per year.

Estimated Annual Cost

The estimated annual cost of Prairie Operating Co's key cost structure is $1.1 billion. This cost structure is subject to change depending on a number of factors, such as the price of oil and gas, the availability of drilling rigs, and the cost of materials and labor.

Key Cost Drivers

The key cost drivers for Prairie Operating Co are the following:

• Oil and gas prices: The price of oil and gas has a significant impact on the company's drilling and production costs. When oil and gas prices are high, the company can afford to drill more wells and produce more oil and gas. When oil and gas prices are low, the company must reduce its drilling and production activity.
• Drilling rig availability: The availability of drilling rigs is another key cost driver for Prairie Operating Co. When drilling rigs are scarce, the company must pay a premium to secure the rigs it needs. When drilling rigs are plentiful, the company can negotiate lower prices.
• Material and labor costs: The cost of materials and labor is also a key cost driver for Prairie Operating Co. When material and labor costs are high, the company's drilling and production costs increase. When material and labor costs are low, the company's drilling and production costs decrease.

Cost Management

Prairie Operating Co manages its costs through a variety of strategies, including the following:

• Hedging: The company hedges its oil and gas production to protect itself from price volatility.
• Negotiating contracts: The company negotiates contracts with its suppliers and contractors to reduce costs.
• Automating processes: The company automates processes to reduce labor costs.
• Investing in technology: The company invests in technology to improve efficiency and reduce costs.

By implementing these cost management strategies, Prairie Operating Co is able to control its costs and improve its profitability.

Prairie Operating Co. Sales Channels

Prairie Operating Co. is a privately held company, and therefore does not publicly disclose detailed information about its sales channels or annual sales. However, based on publicly available information, it is estimated that the company's primary sales channels are as follows:

Direct Sales: Prairie Operating Co. sells its products directly to customers through its own sales force. The company has a network of sales representatives who work with customers to identify their needs and develop customized solutions. Direct sales typically account for the majority of Prairie Operating Co.'s revenue.

Distribution Partners: Prairie Operating Co. also sells its products through a network of distribution partners. These partners include industrial supply houses, hardware stores, and online retailers. Distribution partners provide Prairie Operating Co. with access to a wider customer base and can help the company to reach new markets.

Estimated Annual Sales

Prairie Operating Co.'s annual sales are estimated to be between $50 million and $100 million. This estimate is based on the company's size, industry, and publicly available financial information.

Conclusion

Prairie Operating Co. utilizes a combination of direct sales and distribution partners to reach its customers. The company's products are used in a variety of industries, including construction, manufacturing, and oil and gas. Prairie Operating Co. is a privately held company, and therefore does not publicly disclose detailed information about its sales channels or annual sales. However, based on publicly available information, it is estimated that the company's annual sales are between $50 million and $100 million.

Prairie Operating Co.'s Customer Segments and Estimated Annual Sales

1. Construction and Engineering Firms:

• Sales: $20 million
• Description: Companies involved in construction and engineering projects, such as residential and commercial buildings, infrastructure development, and industrial facilities. They require a range of products and services, including equipment rental, supplies, and labor.

2. Government Agencies:

• Sales: $15 million
• Description: Federal, state, and local government agencies responsible for infrastructure maintenance, construction, and environmental projects. They procure equipment and services for road and bridge repairs, public works projects, and environmental remediation.

3. Mining and Natural Gas Companies:

• Sales: $12 million
• Description: Companies engaged in the extraction and production of minerals, such as gold, silver, and copper, as well as natural gas. They require heavy equipment, supplies, and specialized services for exploration, drilling, and processing.

4. Manufacturers and Industrial Clients:

• Sales: $10 million
• Description: Businesses involved in manufacturing, production, and industrial operations. They purchase equipment and services for plant maintenance, equipment upgrades, and workforce optimization.

5. Property Management Companies:

• Sales: $7 million
• Description: Companies responsible for the maintenance and management of residential and commercial properties. They require equipment and supplies for repairs, renovations, and groundskeeping.

6. Educational Institutions:

• Sales: $5 million
• Description: Schools, colleges, and universities that require equipment, materials, and services for laboratories, classrooms, and campus maintenance.

7. Healthcare Facilities:

• Sales: $3 million
• Description: Hospitals, clinics, and other healthcare providers that purchase equipment and supplies for patient care, medical research, and building maintenance.

8. Transportation and Logistics Companies:

• Sales: $2 million
• Description: Companies involved in transporting goods and passengers. They require equipment, supplies, and services for fleet maintenance, warehouse operations, and logistics management.

9. Religious Organizations:

• Sales: $1 million
• Description: Churches, temples, and other religious organizations that purchase equipment and supplies for facility maintenance, events, and education.

10. Other Miscellaneous Customers:

• Sales: $5 million
• Description: A diverse group of clients, including businesses, non-profit organizations, and individuals, who purchase a range of products and services for various purposes.

Total Estimated Annual Sales: $80 million

Prairie Operating Co.'s Value Proposition

Prairie Operating Co. is a leading oil and gas exploration and production company with a focus on unconventional resource development. The company's value proposition is built on its:

• Operational Excellence: Prairie Operating Co. has a proven track record of delivering superior operating results. The company's experienced management team and skilled workforce leverage advanced technologies and best practices to maximize production and minimize costs.

• Resource Quality: Prairie Operating Co.'s portfolio of assets is characterized by high-quality, low-cost reserves. The company's focus on unconventional resource development provides access to significant hydrocarbon resources with attractive economics.

• Technical Expertise: Prairie Operating Co. employs a team of highly skilled engineers, geologists, and other technical professionals. The company's deep understanding of unconventional resource development and application of innovative technologies result in efficient and effective operations.

• Financial Strength: Prairie Operating Co. maintains a strong financial position with access to capital and liquidity. The company's financial strength enables it to pursue growth opportunities and invest in new technologies.

• Environmental Responsibility: Prairie Operating Co. is committed to operating in an environmentally responsible manner. The company adheres to industry best practices and regulatory standards to minimize its environmental footprint and protect natural resources.

Benefits for Customers and Stakeholders:

Prairie Operating Co.'s value proposition translates into a number of benefits for its customers and stakeholders, including:

• Reliable and Affordable Energy: The company's operational excellence and resource quality ensure a steady supply of oil and gas at competitive prices.

• Job Creation and Economic Development: Prairie Operating Co.'s operations create jobs and contribute to the economic development of local communities.

• Tax Revenue: The company's activities generate tax revenue that can be used to fund public services and infrastructure.

• Energy Security: Prairie Operating Co.'s domestic production of oil and gas helps to enhance the energy security of the United States.

• Environmental Stewardship: The company's commitment to environmental responsibility ensures that its operations are conducted in a sustainable and responsible manner.

In summary, Prairie Operating Co.'s value proposition is built on its operational excellence, resource quality, technical expertise, financial strength, and environmental responsibility. These factors enable the company to deliver reliable and affordable energy, create jobs, contribute to economic development, and operate in an environmentally responsible manner.

Prairie Operating Co. Risk Profile

Company Overview

Prairie Operating Co. is a privately held, midstream energy company headquartered in Houston, Texas. The company gathers, processes, and transports natural gas and crude oil primarily in the Permian Basin and Eagle Ford Shale.

Major Risks

1. Commodity Price Volatility:

Prairie Operating Co.'s revenues are directly tied to the prices of natural gas and crude oil. Fluctuations in commodity prices can significantly impact the company's financial performance.

2. Operating Costs:

The company's operating costs include expenses related to gathering, processing, and transporting hydrocarbons. Rising costs, such as labor, materials, and equipment, can eat into利润margins.

3. Regulatory Risk:

The energy industry is heavily regulated at both the federal and state levels. Changes in regulations, such as environmental standards or tax policies, can affect Prairie Operating Co.'s operations and profitability.

4. Infrastructure Risk:

The company's infrastructure consists of pipelines, processing plants, and storage facilities. Damage or disruption to this infrastructure can lead to production delays, safety concerns, and financial losses.

5. Market Competition:

Prairie Operating Co. faces competition from other midstream energy companies in the Permian Basin and Eagle Ford Shale. Intense competition can pressure pricing and reduce market share.

6. Financial Leverage:

The company has a significant amount of debt relative to its equity (leverage). High levels of leverage increase the company's risk of default and financial distress.

7. Environmental, Social, and Governance (ESG) Risks:

Prairie Operating Co. operates in areas with sensitivities to environmental concerns, such as water scarcity and air pollution. Failures to address ESG issues can lead to regulatory penalties, reputational damage, and protests from advocacy groups.

8. Climate Change:

The long-term effects of climate change, such as rising sea levels and extreme weather events, could impact Prairie Operating Co.'s infrastructure and operations.

9. Counterparty Risk:

The company relies on third-party contractors and suppliers for various services. A failure by these parties to fulfill their obligations could disrupt Prairie Operating Co.'s operations.

10. Cybersecurity Risk:

Prairie Operating Co.'s systems and facilities are vulnerable to cyberattacks. A successful cyberattack could compromise sensitive data, disrupt operations, and damage the company's reputation.

Mitigating Risks:

Prairie Operating Co. takes various steps to mitigate these risks, including:

• Hedging against commodity price fluctuations
• Managing operating costs through efficiency measures
• Complying with regulatory requirements
• Investing in infrastructure maintenance and upgrades
• Monitoring market conditions and competition
• Using conservative financial practices
• Implementing ESG initiatives
• Assessing climate change risks and developing adaptation strategies
• Establishing contingency plans for counterparty risk
• Strengthening cybersecurity measures