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Diversified Energy vs Prairie Operating: DEC and PROP compared
Diversified Energy is the larger company: $109M of revenue in its latest quarter (Q3 2026) against $98.9M for Prairie Operating (Q2 2026). Prairie Operating is growing faster (+45% against -78% a year earlier). Prairie Operating is more profitable, with an operating margin of 130.3% against -216.8%.
Where the money goes: DEC and PROP
Diversified Energy (DEC) · Q3 2026
Diversified Energy, Q3 2026: revenue $109M (-78% year over year), operating margin -216.8%, net loss $202M, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.
Prairie Operating (PROP) · Q2 2026
Prairie Operating, Q2 2026: revenue $98.9M (+45% year over year), operating margin 130.3%, net earnings $109M, operating cash flow $52.0M. The chart follows the revenue to costs, profit and cash.
| Diversified Energy (DEC) | Prairie Operating (PROP) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $109M | $98.9M |
| Revenue growth, Y/Y | -78% | +45% |
| Operating margin | -216.8% | 130.3% |
| Net earnings | −$202M | $109M |
| Net margin | -186.4% | 110.3% |
| Operating cash flow | $136M | $52.0M |
| Free cash flow | $96.5M | — |
| Market value | $1.1B | — |
| P/E | 18.1× | — |
| Analysts’ mean target | $20.43 | — |
Questions
Which is bigger, Diversified Energy or Prairie Operating?
Diversified Energy is the larger company: $109M of revenue in its latest quarter (Q3 2026) against $98.9M for Prairie Operating (Q2 2026).
Is Diversified Energy or Prairie Operating growing faster?
Prairie Operating is growing faster (+45% against -78% a year earlier).
Which is more profitable, Diversified Energy or Prairie Operating?
Prairie Operating is more profitable, with an operating margin of 130.3% against -216.8%.
More: Diversified Energy earnings · how Diversified Energy makes money · Prairie Operating earnings · how Prairie Operating makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.