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Prairie Operating(NASDAQ) PROP

Market Cap$63.00MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2023)-79%
5 Year-99%
1 Year-80%
1 Month-29%
$0.51
-8.86%
-0.05Today
After hours$0.51+$0.00 (+0.69%)
Prairie Operating last closing stock price
MetricPriceDate
Last closeUSD 0.512026-08-31
Prairie Operating stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.41%USD 0.512026-08-24
1 month-28.78%USD 0.712026-07-31
3 month-46.79%USD 0.962026-06-02
Year to date-69.88%USD 1.692025-12-31
1 year-80.04%USD 2.552025-08-29
3 year-95.32%USD 10.892023-09-01
5 year-99.02%USD 52.002021-08-31
Since inception-78.64%USD 2.612023-05-04

Prairie Operating Financials at a Glance

Market Cap

$63.00MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$343.01M

Net Income (TTM)

-$44.67M

EPS (TTM)

-$2.27

P/E Ratio

-0.25

Dividend

$0.00

Beta (Volatility)

1.07 (Average)

Price

$0.51

Volume

1,965,951

Open

$0.56

Previous Close

$0.51

Daily Range

$0.50 - $0.59

52-Week Range

$0.50 - $2.55

Estimated Earnings Date

Nov 12, 2026

PROP News

No articles available.

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About Prairie Operating

Prairie Operating Co. produces oil and natural gas for energy needs. Its products help power homes, businesses, and industries. The company focuses on efficient, responsible resource development.

What’s in the Barrel? Prairie’s Main Offerings

  • Crude Oil Production: Extracts and sells oil, used for fuel and manufacturing; 84% of 2025 revenue.
  • Natural Gas Production: Supplies gas for heating, electricity, and industry; 4% of 2025 revenue.
  • Natural Gas Liquids (NGLs): Produces NGLs, used in plastics and chemicals; 12% of 2025 revenue.

Expansion Playbook: Prairie’s Growth Moves

  • Acquired Bayswater in March 2025, adding major producing assets.
  • Bought Edge in 2025, gaining 13 wells and 11,300 net acres.
  • Expanded Genesis assets in 2023 and 2025 through additional purchases.
  • Launched a $75 million at-the-market equity offering in June 2025.
  • Turned 33 new wells to sales in 2025, up from 8 in 2024.

Why Prairie’s Not Just Another Driller

Prairie operates only in Colorado’s DJ Basin, a region known for efficient oil production. The company uses advanced drilling technology to lower costs and boost output. It manages regulatory and environmental risks through active local engagement.

Five Things You Need to Know

  • Revenue was $241.6 million in 2025, up 2,944% from 2024.
  • Net income from operations was $32.1 million in 2025, reversing a loss in 2024.
  • Adjusted EBITDA reached $155.5 million in 2025, up from negative $17.7 million in 2024.
  • Operating cash flow was $153.9 million in 2025, up from negative $9.3 million in 2024.

Bottom Line

Prairie has rapidly expanded through acquisitions and production growth. Its focus on one region and disciplined operations shapes its evolving business profile.

AI Generated • Apr 16, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

59

CEO

Gregory S. Patton

Headquarters

Houston, TX 77007, US

PROP Financials

Key Financial Metrics (TTM)

Gross Margin

54.40%

Operating Margin

35.02%

Net Income Margin

-13.02%

Return on Equity

-39.24%

Return on Capital

13.78%

Return on Assets

-4.44%

Earnings Yield

-4.00%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$63.00MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

112.80M

Volume

1.97M

Avg. Volume

2.23M

Financials (TTM)

Gross Profit

$186.61M

Operating Income

$120.11M

EBITDA

-$31.05M

Operating Cash Flow

$238.44M

Capital Expenditure

-$273.40M

Free Cash Flow

-$34.96M

Cash & ST Invst.

$21.00K

Total Debt

$483.77M

Prairie Operating Performance Analysis

Prairie Operating annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 517,60240.0%
20232023-12-31USD 0N/A
20242024-12-31USD 7,939,000N/A
20252025-12-31USD 241,648,0002943.8%
Prairie Operating sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3014.1%
Q42025-12-316.8%
Q12026-03-310.5%
Q22026-06-3018.5%
Prairie Operating annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -33.81-71.1%
20232023-12-31USD -16.51-51.1%
20242024-12-31USD -2.65-84.0%
20252025-12-31USD -1.35-49.1%
Prairie Operating sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-344.4%
Q42025-12-31125.0%
Q12026-03-31-2063.6%
Q22026-06-30110.6%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$98.86M

+45.2%

Gross Profit

$65.49M

+82.4%

Gross Margin

66.24%

N/A

Market Cap

$63.00MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.07M

N/A

Employees

59

N/A

Net Income

$109.02M

+205.5%

EBITDA

$62.72M

+10.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$21.00K

-99.8%

Total Debt

$483.77M

+23.9%

Accounts Receivable

$35.97M

-34.4%

Inventory

$4.22M

+23.6%

Long Term Debt

$482.23M

+23.8%

Short Term Debt

$1.54M

+73.8%

Return on Assets

-4.44%

N/A

Return on Invested Capital

14.34%

N/A

Free Cash Flow

-$57.84M

-22.7%

Operating Cash Flow

$51.99M

+821.1%

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Questions About PROP

What is the current price of Prairie Operating?

Prairie Operating is trading at $0.51 per share.

What is the 52-week range for Prairie Operating?

Over the past 52 weeks, Prairie Operating has traded between $0.50 and $2.55.

How much debt does Prairie Operating have?

As of the most recent reporting period, Prairie Operating reported total debt of $483.77M.

How much cash does Prairie Operating have on hand?

Prairie Operating reported $21.00K in cash and cash equivalents in its most recent financial results.

What is Prairie Operating’s dividend yield?

Prairie Operating does not currently have a dividend yield.

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