Latest news with #costcontrol
Yahoo
4 hours ago
- Business
- Yahoo
Can Prairie Operating Co.'s Cost Leadership Set It Apart?
Prairie Operating Co. PROP is building its growth strategy around disciplined cost control, a focus that's quickly becoming one of its most important competitive advantages in the DJ Basin. The company has leaned into operational efficiencies across drilling, completion and production workflows, targeting scalable returns even at mid-cycle commodity prices. Its current one-rig development program emphasizes capital-light execution with a focus on short payback wells, allowing Prairie to maintain flexibility while still expanding volumes.A major contributor to this efficiency is Prairie Operating Co.'s vertical integration and hands-on supply management. The company is actively self-sourcing critical inputs like sand, water and chemicals, reducing exposure to third-party cost inflation and service delays. By deploying proprietary in-basin logistics, PROP minimizes transportation costs and keeps project timelines tight. The company's development model favors repeatable pad drilling, streamlining both capital intensity and cycle time, especially in its high-return Delaware Basin sets Prairie Operating Co. apart is not just what it spends, but how consistently it manages to do more with less. In an industry often shaped by unpredictable price cycles and rising service costs, Prairie's focus on margin preservation gives it breathing room. As the company scales through 2025, this cost structure offers a buffer against volatility and a platform for reinvestment. For investors and operators alike, Prairie's approach makes a strong case for capital efficiency as a long-term value driver. Oil production in Colorado's DJ Basin dates back to the 1970s, but activity has surged in recent years thanks to the involvement of major players like Chevron CVX and Civitas Resources CIVI. Both companies played a critical role in unlocking the basin's potential, bringing capital, technology, and scale to the region. However, Chevron and Civitas Resources have since turned their attention elsewhere, opening up a rare window of is now focused on high-return global assets and deeper Permian Basin exposure, while Civitas Resources has aggressively shifted its drilling inventory to the Permian, where it now controls over 1,200 locations. With Chevron expanding globally and Civitas Resources consolidating in other basins, competition in the DJ has cooled, leaving Prairie Operating Co. with the space to diversification by Chevron and Civitas Resources makes Prairie Operating Co.'s strategy especially compelling. With 157 permits and more than 586 gross locations, Prairie is carving out a meaningful position in a basin where consolidation has often commanded a premium. Shares of Prairie Operating Co. have lost 43% year to date. Image Source: Zacks Investment Research From a valuation standpoint, PROP trades at a forward price-to-sales ratio of 0.32, well below the sector average. Prairie Operating Co. carries a Value Score of B. Image Source: Zacks Investment Research The Zacks Consensus Estimate for 2025 and 2026 EPS has moved down 18% and 20%, respectively, in the past 30 days. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #3 (Hold).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report Civitas Resources, Inc. (CIVI) : Free Stock Analysis Report Prairie Operating Co. (PROP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
JetBlue plans new cost cuts amid weak travel demand, memo shows
(Reuters) -JetBlue Airways is planning a host of new cost-control measures including reducing flights and parking some of its jets, as weak demand for travel hurts margins, according to an internal memo seen by Reuters. The shares of the carrier fell nearly 5% in premarket trading. The airline is also assessing the size and scope of its leadership team and has identified ways to combine or restructure some roles, JetBlue CEO Joanna Geraghty said in the memo to employees. The company declined to comment. The cost-control measures were first reported by CNBC.
Yahoo
3 days ago
- Business
- Yahoo
JetBlue plans new cost cuts amid weak travel demand, memo shows
(Reuters) -JetBlue Airways is planning a host of new cost-control measures including reducing flights and parking some of its jets, as weak demand for travel hurts margins, according to an internal memo seen by Reuters. The shares of the carrier fell nearly 5% in premarket trading. The airline is also assessing the size and scope of its leadership team and has identified ways to combine or restructure some roles, JetBlue CEO Joanna Geraghty said in the memo to employees. The company declined to comment. The cost-control measures were first reported by CNBC.
Reuters
3 days ago
- Business
- Reuters
JetBlue plans new cost cuts amid weak travel demand, memo shows
June 17 (Reuters) - JetBlue Airways (JBLU.O), opens new tab is planning a host of new cost-control measures including reducing flights and parking some of its jets, as weak demand for travel hurts margins, according to an internal memo seen by Reuters. The shares of the carrier fell nearly 5% in premarket trading. The airline is also assessing the size and scope of its leadership team and has identified ways to combine or restructure some roles, JetBlue CEO Joanna Geraghty said in the memo to employees. The company declined to comment. The cost-control measures were first reported by CNBC.
Travel Daily News
09-06-2025
- Business
- Travel Daily News
BCD Travel: Data drives smarter travel management
BCD Travel survey reveals data is crucial for travel buyers, aiding cost control, compliance, supplier negotiations, and real-time decision-making through advanced analytics. UTRECHT, THE NETHERLANDS – BCD Travel surveyed 197 travel buyers from around the world in top industries including manufacturing, life sciences and financial services. The majority of travel buyers surveyed work for large companies with over 10,000 employees;48% have global responsibilities, and 41% report to procurement.The results clearly reflect the importance of using data as a tool to develop their travel programs, including boosting supplier negotiations, improving policy compliance and optimizing travel spend. Priorities When it comes to program priorities, travel buyers list savings and cost control (94%) as extremely or very important. Policy compliance (90%) and duty of care (86%) followed. Data analytics and business intelligence were also highly rated: 82% consider this extremely or very important. The top two data-related priorities include enhancing collaboration with TMCs and travel suppliers around data collection and analysis (48%) and improving data quality (47%). This is followed by consolidating data from different sources (44%), enhancing data analysis (42%), acting on insights (36%) and streamlining data collection (33%). The value of data Indeed, data adds value to travel programs, albeit in different ways. Travel data brings particular value when it comes to negotiating with vendors (65%), improving compliance (59%) and optimizing spend (57%). Challenges Collecting data for data's sake isn't the goal. Rather, understanding the story that data reveals, and turning it into actionable insights, is. Half of the participants struggle with using data proactively versus reactively. This is a significant opportunity for improvement since data can reveal areas for cost savings, traveler behavior trends, and out of policy bookings. BCD captures valuable data from the moment a traveler engages with the TMC. Its configurable technology platform collects, standardizes, normalizes, enriches and shares that data with customers – giving them complete control over their data in real time. APIs allow clients more customization to power their own solutions for traveler security, internet security, sustainability, and more. BCD also uses program travel data with messaging capabilities to influence traveler decisions. This can be used to address policy compliance throughout the trip and remind travelers of key benefits and inclusions, preventing unnecessary purchases like car insurance when it's already included. Further highlights of the report include: Most travel buyers regularly dedicate time to working with travel data. Whereas 74% of respondents have the skills and experience needed to interact with data, 56% prefer to leave working with data to professionals. Although 60% regularly check their dashboards and analyze new data, 40% interact with travel data only when absolutely needed. Lack of time (44%) was the main reason for infrequent interaction with data. TMCs are a major source of travel data for most travel buyers (89%). Respondents report payment and expense solutions (69%) and online booking tools (66%) as their top external data sources. Two in 10 use external data aggregators or consultants. Only one out of 10 use AI to collect, analyze and report travel data. The main reason for employing AI is to save time. Travel buyers consider real-time analytics that allows spotting trends (64%) as the most valuable feature of data analytic tools, followed by built-in dashboards (57%). 'BCD Travel is capturing more data from more sources than ever before,' says Heather Wright, BCD's Vice President, Digital Strategy & Advancement. 'We invest heavily in the consolidation, standardization and normalization of this data, ensuring the most accurate, quality data is provided back to our customers. We deliver this data through a variety of unique solutions that allow our customers to make decisions in real time.' By leveraging advanced analytics and new technologies, BCD offers clients accurate, actionable insights that support their evolving needs. Clients benefit from BCD's data solutions and access to its full-service analytics and insights teams. This empowers smarter decision-making across travel programs.
