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PROP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
0.747
Open
0.720
VWAP
0.72
Vol
1.11M
Mkt Cap
70.75M
Low
0.694
Amount
804.21K
EV/EBITDA(TTM)
3.55
Total Shares
97.73M
EV
555.50M
EV/OCF(TTM)
3.10
P/S(TTM)
0.23
Prairie Operating Co. is an independent energy company. The Company is focused on the acquisition and development of crude oil, natural gas, and natural gas liquids (NGLs). The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company owns approximately 76, 000 net acres of land package within the DJ Basin, with 47 operated and non-operated proved developed producing (PDP) wells.
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Events Timeline

(ET)
2026-06-25
08:00:00
Prairie Operating Appoints Gregory Patton as CEO
select
2026-05-21 (ET)
2026-05-21
08:50:00
Kodiak AI Borrow Rate Increases to 210.02%
select
2026-05-08 (ET)
2026-05-08
06:10:00
Prairie Operating Files to Sell 4M Shares of Common Stock
select
2026-04-09 (ET)
2026-04-09
16:00:00
Prairie Operating Shares Down 35% to Eliminate Dilution Risk
select
2026-03-05 (ET)
2026-03-05
08:40:00
Prairie Operating Co. Year-End Proved Reserves Evaluation Results
select

News

Yahoo Finance
4.5
06-25Yahoo Finance
Energy Stocks Rise Late Thursday Afternoon
  • Energy Sector Performance: Late Thursday afternoon, the NYSE Energy Sector Index rose by 0.6%, indicating a positive sentiment among investors towards energy stocks, reflecting expectations of a rebound in energy demand.
  • Market Trends: The rise in energy stocks may signal increasing investor confidence in future energy price increases, potentially enhancing the profitability of related companies as signs of global economic recovery emerge.
  • Investor Sentiment: The uptick in energy stocks could attract more capital into the sector, further driving market attention towards energy-related assets, particularly in the current economic climate where the stability of energy demand is crucial.
  • Industry Outlook: The diversification of the energy sector, combining renewable and traditional energy sources, may present new opportunities for investors, especially against the backdrop of policy support and technological advancements.
NASDAQ.COM
5.0
06-25NASDAQ.COM
Prairie Operating Co. Appoints New CEO
  • Executive Change: Prairie Operating Co. announced the promotion of CFO Gregory Patton to CEO, effective immediately, aiming to fill the leadership void left by the resignation of the co-founder and former CEO in March.
  • Background: Before becoming CFO, Patton served as Executive Vice President of Commercial Development from November 2024 to March 2025 and has been with the company since March 2024, bringing extensive management experience.
  • New CFO Appointment: To fill the financial leadership gap left by Patton, the company appointed Michael Shelly as the new CFO, who previously served as Managing Director at Citigroup's Natural Resources Group, overseeing the Investment Banks' Denver and Calgary offices.
  • Market Reaction: In pre-market trading, PROP shares were priced at $0.67, up 2.22% on Nasdaq, reflecting investor optimism regarding the new leadership team.
seekingalpha
5.0
06-25seekingalpha
Prairie Operating Appoints New CEO and CFO
  • Executive Change: Prairie Operating announced the appointment of CFO Gregory Patton as the new CEO, effective immediately, replacing interim President and CEO Rich Frommer, who will remain on the board, indicating a significant leadership shift within the company.
  • Career Background: Patton joined Prairie Operating in March 2024 and has served as Executive VP and CFO since April 2025; previously, he was CFO at Trigger Energy and Senior VP of Corporate Development and Finance at Great Western Petroleum, providing a solid foundation for the company's future growth.
  • New CFO Appointment: The company also appointed Michael Shelly as the new CFO, bringing over 20 years of financial and strategic advisory experience, most recently as a managing director in Citigroup's Natural Resources Group, which is expected to introduce fresh financial strategies to the company.
  • Financial Challenges: Prairie Operating reported a loss for the fiscal year 2026, placing pressure on the new leadership team to improve financial performance, which could impact future investment and operational decisions.
Newsfilter
5.0
06-25Newsfilter
Prairie Operating Co. Appoints New CEO and CFO
  • Leadership Changes: Prairie Operating Co. has announced the immediate promotion of Gregory S. Patton to Chief Executive Officer and Board member, alongside the appointment of Michael J. Shelly as Chief Financial Officer, aimed at driving the company's next phase of growth.
  • Strategic Leadership: Gregory S. Patton has played a critical role in the company's significant operational and financial expansion over the past year, and his leadership and deep understanding of the asset base will provide strong support for future development.
  • Financial Expertise: New CFO Michael J. Shelly brings over 20 years of financial and strategic advisory experience, having served as a Managing Director in Citigroup’s Natural Resources Group, and his addition will further strengthen Prairie's financial leadership.
  • Commitment to Growth: Chairman Erik Thoresen emphasized that Prairie will focus on optimizing its capital structure and pursuing disciplined growth opportunities to enhance long-term shareholder value, ensuring the company remains competitive in the energy market.
seekingalpha
8.5
06-11seekingalpha
Prairie Operating Reaffirms $475M Borrowing Base with New Agreements
  • Borrowing Base Confirmation: Prairie Operating announced that its lending group, led by Citibank, reaffirmed the company's $475 million borrowing base, which provides financial stability and ensures operational funding needs are met in the future.
  • Capital Structure Simplification: The company signed a new agreement with Hudson Bay PH XIX and affiliates to address the remaining Series F Preferred Stock, aiming to simplify its capital structure and enhance financial flexibility, thereby boosting investor confidence.
  • Warrant Issuance Deadline Extension: Prairie Operating extended the warrant issuance deadline from July 8, 2026, to August 7, 2026, providing more time to manage the remaining Series F balance and reducing potential shareholder dilution risk.
  • Share Conversion Cap: For the remaining 78,000 Series F shares, conversions will be capped at 98 million common shares, which provides greater certainty regarding future share issuance and helps protect the interests of existing shareholders.
PRnewswire
1.0
05-21PRnewswire
2026 EnerCom Denver Energy Investment Conference Set for August
  • Conference Dates and Venue: The EnerCom Denver Energy Investment Conference will take place from August 17-19, 2026, at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing extensive networking opportunities.
  • Charity Golf Tournament: Kicking off the event, a charity golf tournament will be held on August 17, requiring a $150 donation to participate, with proceeds supporting inclusive higher education for students with intellectual disabilities, highlighting the conference's commitment to social responsibility.
  • Investor Engagement Opportunities: The conference offers investors direct access to executives from over 70 energy companies through one-on-one meetings and Q&A sessions, enabling them to gain insights into operational and financial strategies that inform investment decisions.
  • Sponsors and Participating Companies: EnerCom Denver has attracted notable sponsors and participating companies, including Netherland, Sewell & Associates, showcasing its significant role in the global energy sector and enhancing connections with investors.
Wall Street analysts forecast PROP stock price to rise
3 Analyst Rating
Wall Street analysts forecast PROP stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
2.00
Averages
4.83
High
7.50
Current: 0.000
sliders
Low
2.00
Averages
4.83
High
7.50
Roth Capital
Buy
downgrade
$4
AI Analysis
2026-05-15
Reason
Roth Capital
Price Target
$4
AI Analysis
2026-05-15
downgrade
Buy
Reason
Roth Capital lowered the firm's price target on Prairie Operating to $3.50 from $4 and keeps a Buy rating on the shares following the company's Q1 report. The firm is reducing its 2026 cash flow per share estimate by 20% due to a weaker Q1, a higher share count and hedges below its price deck.
Roth Capital
Leo Mariani
Buy
maintain
$4
2026-04-09
Reason
Roth Capital
Leo Mariani
Price Target
$4
2026-04-09
maintain
Buy
Reason
Roth Capital analyst Leo Mariani views the selloff today in shares of Prairie Operating after the company restructured its preferred stock as a buying opportunity. Prairie reached an agreement with its series F preferred stockholder, Hudson Bay, to reduce anniversary warrant coverage from 125% to 75% of stated value, lowering potential share issuance from 77M to 34M shares, and it also extended the issuance date for these warrants by 90 days to July 8, 2026, the analyst tells investors in a research note. In exchange for these concessions, Hudson Bay received a 4M share penny warrant issued immediately, with an additional 3M share penny warrant to be issued only if the anniversary warrants are not issued by July 8, 2026, Roth adds. The firm reduced the company's' earnings estimates by up to 27% on the "much higher" share count but views the selloff on the news as surprising. It keeps a Buy rating on Prairie Operating with a $4 price target.
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Valuation Metrics

The current forward P/E ratio for Prairie Operating Co (PROP.O) is 0.98, compared to its 5-year average forward P/E of 0.26. For a more detailed relative valuation and DCF analysis to assess Prairie Operating Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.26
Current PE
0.98
Overvalued PE
0.76
Undervalued PE
-0.23

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.46
Current EV/EBITDA
2.68
Overvalued EV/EBITDA
1.41
Undervalued EV/EBITDA
-0.49

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.06
Current PS
0.15
Overvalued PS
0.16
Undervalued PS
-0.05

Financials

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Frequently Asked Questions

What is Prairie Operating Co (PROP) stock price today?

The current price of PROP is 0.7239 USD — it has increased 1.26

What is Prairie Operating Co (PROP)'s business?

Prairie Operating Co. is an independent energy company. The Company is focused on the acquisition and development of crude oil, natural gas, and natural gas liquids (NGLs). The Company’s assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a primary focus on the Niobrara and Codell formations. The Company owns approximately 76, 000 net acres of land package within the DJ Basin, with 47 operated and non-operated proved developed producing (PDP) wells.

What is the price predicton of PROP Stock?

Wall Street analysts forecast PROP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PROP is4.83 USD with a low forecast of 2.00 USD and a high forecast of 7.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Prairie Operating Co (PROP)'s revenue for the last quarter?

Prairie Operating Co revenue for the last quarter amounts to 83.42M USD, increased 513.81

What is Prairie Operating Co (PROP)'s earnings per share (EPS) for the last quarter?

Prairie Operating Co. EPS for the last quarter amounts to -2.16 USD, decreased -38.11

How many employees does Prairie Operating Co (PROP). have?

Prairie Operating Co (PROP) has 59 emplpoyees as of July 05 2026.

What is Prairie Operating Co (PROP) market cap?

Today PROP has the market capitalization of 70.75M USD.