Prairie Operating Co. (PROP)

NASDAQ: PROP · Real-Time Price · USD
1.190
-0.020 (-1.65%)
At close: Apr 22, 2026, 4:00 PM EDT
1.200
+0.010 (0.84%)
After-hours: Apr 22, 2026, 7:51 PM EDT
Market Cap91.12M -21.8%
Revenue (ttm)241.65M +2,943.8%
Net Income-60.91M
EPS-1.35
Shares Out 76.57M
PE Ration/a
Forward PE1.95
Dividendn/a
Ex-Dividend Daten/a
Volume3,287,116
Open1.190
Previous Close1.210
Day's Range1.170 - 1.245
52-Week Range1.130 - 4.800
Beta-0.17
AnalystsBuy
Price Target6.75 (+467.23%)
Earnings DateMay 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.

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 467.23% from the latest price.

Price Target
$6.75
(467.23% 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...

7 hours ago - GlobeNewsWire

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...

13 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...

15 days ago - GlobeNewsWire

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...

23 days 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...

23 days 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...

4 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...

5 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...

6 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...

6 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 ...

7 weeks 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. 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. 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

Prairie Operating Co. Announces 11-Well Development at Rusch Pad

HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), today announced the launch of an 11-well development program at the Rusch Pad in Weld...

1 year ago - GlobeNewsWire

Prairie Operating Co. Completes Transformative Acquisition from Bayswater

Expands footprint in DJ Basin to ~55,000 net acres and inventory life to ~10 years Increases average daily production by ~25,700 net BOEPD Immediately accretive and maintains strong balance sheet Hous...

1 year ago - GlobeNewsWire

Prairie Operating Co. Announces Pricing of Common Stock Offering

HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (“Prairie,” the “Company,” “we,” or “our”) (Nasdaq: PROP) announced today the pricing of an underwritten public offering of $38.5 mill...

1 year ago - GlobeNewsWire

Prairie Operating Co. Announces Registered Direct Offering of Series F Convertible Preferred Stock and Warrants to Purchase Common Stock

HOUSTON, March 24, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (“Prairie,” the “Company,” “we” or “our”) (Nasdaq: PROP), an independent oil and gas company focused on the acquisition and developmen...

1 year ago - GlobeNewsWire