Prairie Operating Co. (PROP)

NASDAQ: PROP · Real-Time Price · USD
1.180
-0.010 (-0.84%)
At close: Apr 28, 2026, 4:00 PM EDT
1.200
+0.020 (1.69%)
After-hours: Apr 28, 2026, 4:01 PM EDT
-0.84%
Market Cap 115.35M
Revenue (ttm) 241.65M
Net Income (ttm) -60.91M
Shares Out 97.34M
EPS (ttm) -1.35
PE Ratio n/a
Forward PE 1.96
Dividend n/a
Ex-Dividend Date n/a
Volume 2,059,670
Open 1.210
Previous Close 1.190
Day's Range 1.170 - 1.250
52-Week Range 1.130 - 4.800
Beta -0.17
Analysts Buy
Price Target 6.75 (+469.62%)
Earnings Date May 14, 2026

About PROP

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. [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 5 analysts, the average rating for PROP stock is "Buy." The 12-month stock price target is $6.75, which is an increase of 469.62% from the latest price.

Price Target
$6.75
(469.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days 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.

13 days ago - Transcripts

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...

19 days 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...

21 days 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.

4 weeks ago - Transcripts

Prairie Operating Co. Announces Year End 2025 Results

2025 Total Revenue of $241.6 million (approximately $315.0 million including Bayswater), an increase of approximately 3,000% year-over-year Record Adjusted EBITDA ( 1) of $155.5 million (approximately...

4 weeks ago - GlobeNewsWire

Prairie Operating Co. Updates Year-End 2025 Earnings Release Date and Conference Call

HOUSTON, TX, March 30, 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...

4 weeks ago - GlobeNewsWire

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

HOUSTON, TX, March 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...

4 weeks ago - GlobeNewsWire

Prairie Operating Co. to Participate in the 38th Annual ROTH Conference

HOUSTON, TEXAS, March 19, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil an...

5 weeks ago - GlobeNewsWire

Prairie Operating Co. Announces Fourth Quarter & Year-End 2025 Earnings Release Date and Conference Call

HOUSTON, TEXAS, March 17, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil an...

6 weeks ago - GlobeNewsWire

Prairie Operating Co. Announces Participation in Upcoming Conference

HOUSTON, TX, March 09, 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...

7 weeks ago - GlobeNewsWire

Prairie Operating Co. Reports Year-End 2025 Proved Reserves & Exit Rate Production

Total Proved Reserves of 121 MMBoe with PV-10 of $1,220 Million at SEC Pricing as of Year-End 2025 Exit Rate Production of Approximately 28,000 Boe/d HOUSTON, TX, March 05, 2026 (GLOBE NEWSWIRE) -- Pr...

7 weeks ago - GlobeNewsWire

Prairie Operating Co. Announces Leadership Team Changes

Richard N. Frommer appointed as Interim President and CEO Erik Thoresen appointed as Chairman of the Board HOUSTON, Texas, March 03, 2026 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the ...

2 months ago - GlobeNewsWire

Prairie Operating Co. Announces Third Quarter 2025 Results

Total Revenue of $77.7 million, an increase of approximately 15% quarter-over-quarter Net Income of $1.3 million Record Adjusted EBITDA of $56.3 million, an increase of over 45% quarter-over-quarter A...

5 months ago - GlobeNewsWire

Prairie Operating Co. Announces Third Quarter 2025 Earnings Release Date and Conference Call

HOUSTON, TX, Nov. 13, 2025 (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...

5 months ago - GlobeNewsWire

Prairie Operating Co. Provides Operations Update

Recently completed Opal/Coalbank pad outperforming expectations Remaining 2025 drilling schedule on track for 41 wells turned in line Houston, TX, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Prairie Operating ...

8 months ago - GlobeNewsWire

Prairie Operating Co. Announces Closing of Two Strategic Bolt-On Acquisitions

Off-market, non-dilutive transactions add approximately 16,000 net acres and significant inventory Off-market, non-dilutive transactions add approximately 16,000 net acres and significant inventory

8 months ago - GlobeNewsWire

Prairie Operating Co. Earnings Call Transcript: Q2 2025

Record Q2 results with adjusted EBITDA up 600% and production surging 540% quarter-over-quarter, driven by major acquisitions and operational efficiency. Full-year guidance was raised for production, CapEx, and EBITDA, with a strong focus on cost control and capital returns.

9 months ago - Transcripts

Prairie Operating Co. Announces Second Quarter 2025 Results

HOUSTON, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”), an independent energy company engaged in the development and acquisiti...

9 months ago - GlobeNewsWire

Prairie Operating Co. Announces Second Quarter 2025 Earnings Release Date and Conference Call

HOUSTON, TX, Aug. 05, 2025 (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...

9 months ago - GlobeNewsWire

Prairie Operating Co. Announces $12.5 Million Strategic Acquisition to Accelerate Growth in the DJ Basin

Off-Market Transaction Adds Existing Production, Tier-One Inventory, and Immediate Development Opportunities Off-Market Transaction Adds Existing Production, Tier-One Inventory, and Immediate Developm...

10 months ago - GlobeNewsWire

Prairie Operating Co. Transcript: The 15th Annual East Coast IDEAS Conference

A focused operator in Colorado's DJ Basin, the company leverages cost advantages, advanced technology, and a disciplined acquisition strategy to drive double-digit growth. Recent transformative acquisitions, robust hedging, and a strong balance sheet support plans for future dividends and continued expansion.

11 months ago - Transcripts

Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A.

HOUSTON, TX, June 09, 2025 (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...

11 months ago - GlobeNewsWire

Prairie Operating Co. Expands Senior Leadership Team

HOUSTON, TX, May 06, 2025 (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...

1 year ago - GlobeNewsWire

Prairie Operating Co. Begins Completion of the Opal Coalbank Pad, Acquired from Bayswater

Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program “in the money” by...

1 year ago - GlobeNewsWire