PROP icon

Prairie Operating Co

7.15 USD
-1.49
17.25%
At close Feb 7, 4:00 PM EST
After hours
6.88
-0.27
3.78%
1 day
-17.25%
5 days
-15.88%
1 month
3.77%
3 months
-24.02%
6 months
-12.05%
Year to date
7.20%
1 year
-8.22%
5 years
-29.21%
10 years
-29.21%
 

About: Prairie Operating Co is a Houston-based independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company's assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation.

Employees: 11

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

3% more funds holding

Funds holding: 35 [Q2] → 36 (+1) [Q3]

0.56% more ownership

Funds ownership: 5.31% [Q2] → 5.87% (+0.56%) [Q3]

8% less capital invested

Capital invested by funds: $7.02M [Q2] → $6.46M (-$564K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for PROP.

Financial journalist opinion

Based on 7 articles about PROP published over the past 30 days

Neutral
PRNewsWire
17 hours ago
Bayswater Enters Sale Agreement for DJ Basin Assets
DENVER , Feb. 7, 2025 /PRNewswire/ -- Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company, is pleased to announce it has entered into an agreement to sell assets in the Denver Julesburg Basin (DJ Basin) to Prairie Operating Company (Nasdaq: PROP), in a cash and stock transaction valued at approximately $603 million. "Today's agreement represents the culmination of years of work by our talented and dedicated DJ Basin team," said Steve Struna, President & CEO of Bayswater "Bayswater has been operating in the DJ Basin since 2009.
Bayswater Enters Sale Agreement for DJ Basin Assets
Neutral
GlobeNewsWire
22 hours ago
Prairie Operating Co. Announces Public Offering of Common Stock
HOUSTON, Texas, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (“Prairie” or the “Company”) (Nasdaq: PROP), an independent oil and gas company focused on the acquisition and development of crude oil, natural gas and natural gas liquids, announced today that it has commenced an underwritten public offering of $200 million of shares of its common stock, par value $0.01 (“common stock”). The Company expects to grant the underwriters a 30-day option to purchase up to an aggregate value of $30 million of additional shares of the Company's common stock.
Prairie Operating Co. Announces Public Offering of Common Stock
Neutral
GlobeNewsWire
22 hours ago
Prairie Operating Co. Announces Acquisition of DJ Basin Assets from Bayswater Exploration and Production for Approximately $600 Million
HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our” or “us”), today announced it has entered into a definitive purchase and sale agreement to acquire (the “Bayswater Acquisition”) certain assets (the “Bayswater Assets”) from Bayswater Exploration and Production and certain of its affiliated entities (collectively “Bayswater”), a premier operator in the Denver-Julesburg Basin (the “DJ Basin”).   The transaction will significantly increase the Company's operational scale and footprint in the DJ Basin and add highly economic drilling locations.
Prairie Operating Co. Announces Acquisition of DJ Basin Assets from Bayswater Exploration and Production for Approximately $600 Million
Positive
Zacks Investment Research
2 weeks ago
Prairie Operating Co. (PROP) Stock Jumps 10.4%: Will It Continue to Soar?
Prairie Operating Co. (PROP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Prairie Operating Co. (PROP) Stock Jumps 10.4%: Will It Continue to Soar?
Neutral
GlobeNewsWire
3 weeks ago
Prairie Operating Co. Expands Executive Management Team with Key Appointments
HOUSTON, TX, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the expansion of its executive management team with the addition of four seasoned industry leaders. These appointments underscore Prairie's commitment to strengthening its leadership team to drive growth, innovation, and operational excellence.
Prairie Operating Co. Expands Executive Management Team with Key Appointments
Neutral
GlobeNewsWire
3 weeks ago
Prairie Operating Co. Issues 2025 Guidance
Includes Fiscal Year 2025 Adjusted EBITDA range of $100 - $140 million Includes Fiscal Year 2025 Adjusted EBITDA range of $100 - $140 million
Prairie Operating Co. Issues 2025 Guidance
Neutral
GlobeNewsWire
4 weeks ago
Prairie Operating Co. Completes Shelduck South Pad, Prepares for New Developments
HOUSTON, TX, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the on-time completion of its initial eight-well Shelduck South pad in the DJ Basin and is set to have production fully online in the first quarter of 2025. The Shelduck pad, together with recent Nickel Road Operating (NRO) acquisition, represents the first phase in Prairie's 2025 development program.
Prairie Operating Co. Completes Shelduck South Pad, Prepares for New Developments
Neutral
GlobeNewsWire
1 month ago
Prairie Operating Co. Announces $1 Billion Reserve Based Lending Facility with Citibank, N.A.
HOUSTON, TX, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced it has entered into a multi-year Reserve-Based Lending (“RBL”) credit facility. The RBL facility, arranged with Citibank, N.A. (“Citi”), provides for an initial commitment of $44 million with the ability to expand up to $1 billion following production additions.
Prairie Operating Co. Announces $1 Billion Reserve Based Lending Facility with Citibank, N.A.
Neutral
GlobeNewsWire
1 month ago
Prairie Operating Co. To Host Year-End Update Call Highlighting Current Operations and Key Achievements in 2024
HOUSTON, TX, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced it will host a conference call and simultaneous webcast to provide an update on the Company's operations and key achievements in 2024, Thursday, December 19, 2024, at 4:30 PM ET.
Prairie Operating Co. To Host Year-End Update Call Highlighting Current Operations and Key Achievements in 2024
Neutral
GlobeNewsWire
2 months ago
Prairie Operating Co. Welcomes Energy Industry Veteran Richard N. Frommer to Its Board of Directors
HOUSTON, Texas, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced that Richard N. Frommer, former Chief Executive Officer of Great Western Petroleum, esteemed energy industry veteran, and current Prairie Advisory Board member, has joined its Board of Directors as an independent director.
Prairie Operating Co. Welcomes Energy Industry Veteran Richard N. Frommer to Its Board of Directors
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