Prairie Operating Co
PROP
Market cap $169M

3.85 USD

-0.13

3.27%

At close Jun 13, 4:00 PM EDT

After hours

3.92

+0.07

1.82%

1 day

-3.27%

5 days

-4.70%

1 month

-12.30%

3 months

-36.57%

6 months

-46.15%

Year to date

-42.28%

1 year

-63.92%

5 years

-61.88%

10 years

-61.88%

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: 19

Energy Oil & Gas Exploration & Production

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

600% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 4

562% more call options, than puts

Call options by funds: $1.92M | Put options by funds: $290K

137% more capital invested

Capital invested by funds: $11.7M [Q4 2024] → $27.8M (+$16M) [Q1 2025]

46% more funds holding

Funds holding: 46 [Q4 2024] → 67 (+21) [Q1 2025]

7.24% more ownership

Funds ownership: 7.4% [Q4 2024] → 14.64% (+7.24%) [Q1 2025]

8% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 13

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$8

108%

upside

Avg. target

$9.20

139%

upside

High target

$11

186%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

Roth Capital Leo Mariani	108%upside $8	Buy Initiated	12 Jun 2025
Citigroup Paul Diamond	108%upside $8	Buy Initiated	2 Jun 2025
Piper Sandler Mark Lear	160%upside $10	Overweight Maintained	13 May 2025
Johnson Rice Charles Meade	134%upside $9	Accumulate Initiated	12 May 2025
Piper Sandler	186%upside $11	Overweight Initiated	30 Apr 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about PROP published over the past 30 days

Zacks Investment Research

Can Prairie Operating Co. Win Big With Its DJ Basin Land Grab?

Through three major deals, PROP has built a decade-long drilling inventory in Colorado's DJ Basin.

Can Prairie Operating Co. Win Big With Its DJ Basin Land Grab?

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 natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger.

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

Zacks Investment Research

Insiders Are Buying Prairie Operating Co. - Should You Too?

Insider buying and Citi's bullish $8 target put PROP in focus, but dilution and execution risks still loom large.

Insiders Are Buying Prairie Operating Co. - Should You Too?

Zacks Investment Research

PROP vs. CIVI: Which DJ Basin Player Has the Upper Hand?

Prairie Operating Co. PROP and Civitas Resources CIVI are two key independent energy firms with operations deeply rooted in Colorado's Denver-Julesburg (DJ) Basin. PROP, a newer entrant with a bold consolidation strategy, has expanded rapidly through high-profile acquisitions.

PROP vs. CIVI: Which DJ Basin Player Has the Upper Hand?

Zacks Investment Research

What Makes Prairie Operating Co. a Strong Buy Right Now?

PROP has kicked off an 11-well program at its Rusch Pad in Weld County, with two-mile laterals aimed at the high-return Niobrara and Codell formations.

What Makes Prairie Operating Co. a Strong Buy Right Now?

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 natural gas resources in the Denver-Julesburg (DJ) Basin – today announced the appointment of Maree K. Delgado, CPA, as Senior Vice President of Accounting & Controller.

Prairie Operating Co. Expands Senior Leadership Team

Zacks Investment Research

Prairie Operating Co. (PROP) Moves to Strong Buy: Rationale Behind the Upgrade

Prairie Operating Co. (PROP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Prairie Operating Co. (PROP) Moves to Strong Buy: Rationale Behind the Upgrade

Zacks Investment Research

Prairie Operating Co. (PROP) Loses -36.01% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Prairie Operating Co. (PROP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Prairie Operating Co. (PROP) Loses -36.01% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

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 ~$70 million HOUSTON, TX, April 28, 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 natural gas resources in the Denver-Julesburg (DJ) Basin – today announced it is beginning completions of nine previously drilled but uncompleted (“DUC”) wells acquired in the recent Bayswater transaction. "We are encouraged to see continued strong progress across our operational and financial initiatives," said Edward Kovalik, Chairman and CEO of Prairie.

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

Zacks Investment Research

Oil Plunges on Tariff, OPEC Shocks - 3 Stocks to Grab Now

This as an opportune time to accumulate high-quality energy names such as PROP, HPK and FTK.

Oil Plunges on Tariff, OPEC Shocks - 3 Stocks to Grab Now

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