Is Prairie Operating Co. (PROP) Halal?

NASDAQ Energy United States $119M
✗ NOT HALAL
Confidence: 90/100
Prairie Operating Co. (PROP) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 48.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Prairie Operating Co. operates in the Energy sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 48.8%
/ 30%
5.4%
/ 30%
13.4%
/ 30%
7.31%
/ 5%
✗ NOT HALAL
DJIM 48.8%
/ 33%
5.4%
/ 33%
13.4%
/ 33%
7.31%
/ 5%
✗ NOT HALAL
MSCI 29.7%
/ 33%
3.3%
/ 33%
8.2%
/ 33%
7.31%
/ 5%
✗ NOT HALAL
S&P 48.8%
/ 33%
5.4%
/ 33%
13.4%
/ 33%
7.31%
/ 5%
✗ NOT HALAL
FTSE 29.7%
/ 33%
3.3%
/ 33%
8.2%
/ 50%
7.31%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.08
P/B Ratio
1.1
Revenue
$8M

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$9M
Free Cash Flow-$39M
Total Debt$47M
Total Assets$157M

Price & Trading

Last Close$2.04
50-Day MA$1.79
200-Day MA$2.26
Avg Volume2.0M
52-Week Range
$1.31
$5.69

About Prairie Operating Co. (PROP)

CEO
Mr. Richard N. Frommer
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
Exchange
NASDAQ
Market Cap
$119M
Currency
USD

Prairie Operating Co., an independent energy company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids resources in the United States. Prairie Operating Co. is based in Houston, Texas.

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Frequently Asked Questions

Is Prairie Operating Co. (PROP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Prairie Operating Co. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Prairie Operating Co.'s debt ratio?

Prairie Operating Co.'s debt ratio is 48.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 29.7%.

What are Prairie Operating Co.'s key financial metrics?

Prairie Operating Co. has a market capitalization of $119M, and revenue of $8M.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.