Prairie Operating Co. (PROP)

NASDAQ: PROP · Real-Time Price · USD
0.9678
-0.0088 (-0.90%)
At close: May 12, 2026, 4:00 PM EDT
0.9808
+0.0130 (1.34%)
After-hours: May 12, 2026, 7:59 PM EDT
Market Cap94.51M -46.3%
Revenue (ttm)241.65M +2,943.8%
Net Income-60.91M
EPS-1.35
Shares Out 97.65M
PE Ration/a
Forward PE1.59
Dividendn/a
Ex-Dividend Daten/a
Volume2,016,640
Open1.0000
Previous Close0.9766
Day's Range0.9531 - 1.0200
52-Week Range0.9270 - 4.8000
Beta-0.91
AnalystsBuy
Price Target6.75 (+597.46%)
Earnings DateMay 14, 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.

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 Summary

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 597.46% from the latest price.

Price Target
$6.75
(597.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

4 days 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...

5 days ago - GlobeNewsWire

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...

20 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.

27 days 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…

4 weeks 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…

4 weeks ago - TheFly

Unusually active option classes on open April 9th

Unusual total active option classes on open include: BlackBerry (BB), Prairie Operating Co (PROP), Teck Resources (TECK), Eightco Holdings Inc (ORBS), Palantir Technologies (PLTR), Eos Energy (EOSE), ...

4 weeks 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...

4 weeks 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...

5 weeks ago - GlobeNewsWire

Unusually active option classes on open April 1st

Unusual total active option classes on open include: Crexendo Inc (EXE), Prairie Operating Co (PROP), NexGen Energy (NXE), Critical Metals Corp (CRML), ProShares UltraShort DJ UBS Crude Oil (SCO), Gol...

5 weeks ago - TheFly

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.

6 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...

6 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...

6 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...

6 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...

7 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...

2 months 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...

2 months ago - GlobeNewsWire

Prairie Operating reports FY25 year-end proved reserves 121 MMBoe

Prairie Operating (PROP) Co. reported the results of its independent year-end proved reserves evaluation for all of its oil and natural gas properties. The Company’s proved reserves were evaluated by…

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

Prairie Operating CEO, Chairman Edward Kovalik resigns

Prairie Operating (PROP) announced several leadership changes, including the voluntary resignation of CEO and Chairman, Edward Kovalik, and the retirement of President and director, Gary Hanna. The Co...

2 months ago - TheFly

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 price target lowered to $3.50 from $7.50 at Clear Street

Clear Street lowered the firm’s price target on Prairie Operating (PROP) to $3.50 from $7.50 and keeps a Buy rating on the shares. The firm which expects Prairie to report…

2 months ago - TheFly

Prairie Operating price target lowered to $7.50 from $9 at Clear Street

Clear Street lowered the firm’s price target on Prairie Operating (PROP) to $7.50 from $9 and keeps a Buy rating on the shares. While Prairie Operating’s quarterly results demonstrated sequential…

6 months ago - TheFly

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...

6 months ago - GlobeNewsWire

Prairie Operating Co options imply 13.7% move in share price post-earnings

Pre-earnings options volume in Prairie Operating (PROP) Co is 2.2x normal with calls leading puts 558:1. Implied volatility suggests the market is anticipating a move near 13.7%, or 23c, after…

6 months ago - TheFly