Prairie Operating Co. (PROP)

NASDAQ: PROP · Real-Time Price · USD
0.660
-0.039 (-5.59%)
At close: Jun 26, 2026, 4:00 PM EDT
0.690
+0.030 (4.55%)
After-hours: Jun 26, 2026, 7:47 PM EDT
-5.59%
Market Cap 64.50M
Revenue (ttm) 311.48M
Net Income (ttm) -141.83M
Shares Out 97.73M
EPS (ttm) -2.42
PE Ratio n/a
Forward PE 1.05
Dividend n/a
Ex-Dividend Date n/a
Volume 5,915,186
Open 0.700
Previous Close 0.699
Day's Range 0.648 - 0.749
52-Week Range 0.580 - 4.328
Beta -1.08
Analysts Buy
Price Target 3.38 (+412.12%)
Earnings Date Aug 11, 2026

About PROP

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

Sector Energy
Founded 2001
Employees 59
Stock Exchange NASDAQ
Ticker Symbol PROP
Full Company Profile

Financial Performance

In 2025, Prairie Operating Co.'s revenue was $241.65 million, an increase of 2943.81% compared to the previous year's $7.94 million. Losses were -$60.91 million, 48.9% more than in 2024.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for PROP stock is "Buy." The 12-month stock price target is $3.38, which is an increase of 412.12% from the latest price.

Price Target
$3.38
(412.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Prairie Operating promotes Gregory Patton to CEO, appoints Michael Shelly as CFO

Prairie Operating (PROP) announced the promotion of Gregory Patton to CEO and member of the board of directors, effective immediately, and the appointment of Michael Shelly as CFO. In connection…

Other symbols: C
2 days ago - TheFly

Prairie Operating Co. Appoints Gregory S. Patton Chief Executive Officer and Director and Michael J.

HOUSTON, TX, June 25, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) – an independent energy company engaged in the development and acquisition of oil and n...

2 days ago - GlobeNewsWire

Water Tower Research Publishes Initiation of Coverage Report on Prairie Operating Company, “Series F Resolution Could Return Focus to DJ Basin Growth Platform”

June 16, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Prairie Operating Company (NASDAQ: PROP) titled, “Series F Resol...

10 days ago - TheNewswire

Prairie Operating Co. Reaffirms $475 Million Credit Facility and Advances Series F Preferred Refinancing Initiatives

HOUSTON, TX, June 11, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and na...

16 days ago - GlobeNewsWire

Prairie Operating Co. to Participate in the 26th Annual Louisiana Energy Conference (LEC)

HOUSTON, TX, May 21, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and nat...

Other symbols: LEC
5 weeks ago - GlobeNewsWire

Prairie Operating price target lowered to $3.50 from $4 at Roth Capital

Roth Capital lowered the firm’s price target on Prairie Operating (PROP) to $3.50 from $4 and keeps a Buy rating on the shares following the company’s Q1 report. The firm…

6 weeks ago - TheFly

Prairie Operating Co. Announces First Quarter 2026 Results and Reaffirms 2026 Guidance

HOUSTON, May 14, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) – an independent energy company engaged in the development and acquisiti...

6 weeks ago - GlobeNewsWire

Prairie Operating Co. Quarterly report: Q1 2026

Prairie Operating Co. has published its Q1 2026 quarterly earnings report on May 14, 2026.

6 weeks ago - Filings

Prairie Operating Co. Earnings release: Q1 2026

Prairie Operating Co. released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Prairie Operating Co. Slides: Corporate presentation

Prairie Operating Co. has posted slides in relation to its latest quarterly earnings report, which was published on May 14, 2026.

6 weeks ago - Filings

Prairie Operating Co. Registration statement: Registration filing

Prairie Operating Co. filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.

7 weeks ago - Filings

Prairie Operating files to sell 4M shares of common stock for holders

06:04 EDT Prairie Operating (PROP) files to sell 4M shares of common stock for holders

7 weeks ago - TheFly

Prairie Operating Co. Announces First Quarter 2026 Earnings Release Date and Conference Call

HOUSTON, TX, May 07, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and nat...

7 weeks ago - GlobeNewsWire

Prairie Operating Co. Proxy statement: Proxy filing

Prairie Operating Co. filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Prairie Operating Co. Proxy statement: Proxy filing

Prairie Operating Co. filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

Prairie Operating Co. Announces Board of Director Resignation

Houston, TX, April 22, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) – an independent energy company engaged in the development and acq...

2 months ago - GlobeNewsWire

Prairie Operating Co. Transcript: Water Tower Research Insights Conference

Management leverages deep DJ Basin expertise and a nimble culture to drive consolidation and operational efficiency. The company optimizes free cash flow with a disciplined one rig, one frack crew approach, while recent capital structure improvements reduce dilution risk.

2 months ago - Transcripts

Prairie Operating falls after pact with Series F convertible preferred holder

Prairie Operating (PROP) shares are down 35% in late day trading after the company announced earlier that it has entered into an agreement with the holder of its Series F…

2 months ago - TheFly

Prairie Operating selloff a buying opportunity, says Roth Capital

Roth Capital analyst Leo Mariani views the selloff today in shares of Prairie Operating (PROP) after the company restructured its preferred stock as a buying opportunity. Prairie reached an agreement…

2 months ago - TheFly

Prairie Operating Co. Announces Agreement with Series F Convertible Preferred Holder

Houston, TX, April 09, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) – an independent energy company engaged in the development and acq...

2 months ago - GlobeNewsWire

Prairie Operating Co. Announces Agreement to Further Extend Series F Anniversary Warrant Issuance Date

HOUSTON, TX, April 07, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and n...

2 months ago - GlobeNewsWire

Prairie Operating Co. Earnings Call Transcript: Q4 2025

2025 saw transformative growth with major acquisitions, production nearly quadrupling, and strong operational execution. Financial results included $315M revenue and $220M Adjusted EBITDA pro forma, with 2026 guidance targeting further growth and capital discipline.

3 months ago - Transcripts

Prairie Operating Co. Annual report: Q4 2025

Prairie Operating Co. has published its Q4 2025 annual report on March 31, 2026.

3 months ago - Filings

Prairie Operating Co. Earnings release: Q4 2025

Prairie Operating Co. released its Q4 2025 earnings on March 31, 2026, summarizing the period's financial results.

3 months ago - Filings

Prairie Operating Co. Slides: Corporate presentation

Prairie Operating Co. has posted slides in relation to its latest quarterly earnings report, which was published on March 31, 2026.

3 months ago - Filings