PROP

Prairie Operating Co

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Advanced Chart

3.595

-0.195(-5.145%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

3.770

Open

3.765

VWAP

Vol

412.42K

Mkt Cap

166.11M

Low

3.580

Amount

EV/EBITDA(TTM)

Total Shares

43.83M

717.88M

EV/OCF(TTM)

66.65

P/S(TTM)

3.46

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 60,000 net acres of land package within the DJ Basin, with 47 operated and non-operated proved developed producing (PDP) wells.

5 Analyst Rating

136.44% Upside

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 is 8.50 USD with a low forecast of 8.00 USD and a high forecast of 9.00 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.

4 Buy

1 Hold

0 Sell

Strong Buy

136.44% Upside

Current: 3.595

Low

8.00

Averages

8.50

High

9.00

136.44% Upside

Current: 3.595

Low

8.00

Averages

8.50

High

9.00

Piper Sandler

Overweight

downgrade

$10 -> $9

2025-07-17

Reason

Piper Sandler

Price Target

$10 -> $9

2025-07-17

downgrade

Overweight

Reason

Piper Sandler lowered the firm's price target on Prairie Operating to $9 from $10 and keeps an Overweight rating on the shares. The firm says the E&P investing environment remains challenging coming out of Q2, marked by a volatile oil price environment with increased geopolitical risk offset by higher OPEC+ supplies, while strong secular gas-demand trends have been offset by stubbornly high supplies and strong inventory builds. The long-term gas demand story, driven by power generation and data center buildout, got a shot in the arm earlier this week on the back of the PA Power and Innovation Summit, with $90B of announcement investment in power and data center buildout, Piper says. The firm prefers more defensive positioning in oil.

KeyBanc

Tim Rezvan

Sector Weight

initiated

2025-07-03

Reason

KeyBanc

Tim Rezvan

Price Target

2025-07-03

initiated

Sector Weight

Reason

KeyBanc analyst Tim Rezvan initiated coverage of Prairie Operating with a Sector Weight rating and no price target. The company, created through several acquisitions of producing assets and undeveloped acreage, used the acquisition of a micro cap crypto company's public shell in 2023 to become public, noted the analyst. The founders, who run the company, expect to organically grow with a one-rig drilling program in 2025-2026, which underpins the production growth in the firm's model, the analyst added. The firm sees "a chicken-or-egg conundrum" for Prairie on whether to enter into M&A now with a low trading multiple to re-rate the equity, or wait for the equity to re-rate before entering into more deals.

Roth Capital

Buy

initiated

2025-06-12

Reason

Roth Capital

Price Target

2025-06-12

initiated

Buy

Reason

Citi

initiated

2025-06-02

Reason

Citi

Price Target

2025-06-02

initiated

Reason

Piper Sandler

Mark Lear

Overweight

downgrade

$11 -> $10

2025-05-13

Reason

Piper Sandler

Mark Lear

Price Target

$11 -> $10

2025-05-13

downgrade

Overweight

Reason

Piper Sandler analyst Mark Lear lowered the firm's price target on Prairie Operating to $10 from $11 and keeps an Overweight rating on the shares. Coming out of Q1 2025 earnings, the firm is adjusting its near-term commodity price forecast, maintaining its long-term mid-cycle oil and raising mid-cycle gas to $3.50 from $3.25. In E&P, Piper continues to look for a balance of operational flexibility, deep high-return inventory runways and low reinvestment rates through FY26.

Johnson Rice

Charles Meade

Accumulate

initiated

2025-05-12

Reason

Johnson Rice

Charles Meade

Price Target

2025-05-12

initiated

Accumulate

Reason

Johnson Rice analyst Charles Meade initiated coverage of Prairie Operating with an Accumulate rating and $9 price target.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Prairie Operating Co (PROP.O) is 0.90, compared to its 5-year average forward P/E of 0.05. 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.

N/A

5Y Average PE

0.05

Current PE

0.90

Overvalued PE

0.25

Undervalued PE

-0.16

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.

N/A

5Y Average EV/EBITDA

0.10

Current EV/EBITDA

2.31

Overvalued EV/EBITDA

0.59

Undervalued EV/EBITDA

-0.38

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.

N/A

5Y Average PS

0.02

Current PS

0.33

Overvalued PS

0.09

Undervalued PS

-0.06