Want to see PROP full AI Analyst Report?
Top Page
Prairie Operating Co
(NASDAQ:PROP)
Select Model
Select Model
Rating:50Neutral
Price Target:
$0.72
▼(-9.63% Downside)
Action:Reiterated
Date:07/22/26
The score is held back primarily by unstable profitability and a high-risk capital structure with very thin equity, despite strong recent revenue growth and cash generation. Technicals are mixed with longer-term downtrend pressure, valuation is challenged by negative earnings, and corporate events add notable risk due to the Nasdaq bid-price compliance warning.
Positive Factors
Cash generation
Sustained operating and very strong reported free cash flow provide durable internal funding for capex, debt service and working capital. Over 2-6 months this cash generation underpins liquidity and gives management flexibility to shore up the capital structure or fund value-accretive investments.
Negative Factors
Very thin equity / high leverage
An extremely small equity base relative to assets makes the capital structure fragile: modest losses or asset revaluations can wipe equity, trigger covenant events, or force dilutive financing. This elevates refinancing and solvency risk and constrains strategic options in the 2-6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained operating and very strong reported free cash flow provide durable internal funding for capex, debt service and working capital. Over 2-6 months this cash generation underpins liquidity and gives management flexibility to shore up the capital structure or fund value-accretive investments.
Read all positive factors
Prairie Operating Co (PROP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$69.77M
Dividend YieldN/A
Average Volume (3M)2.19M
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue Growth1350.36%
EPS Growth72.90%
CountryUS
Employees59
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)-1.45
Shares Outstanding97,732,170
10 Day Avg. Volume1,284,349
30 Day Avg. Volume2,193,179
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.59
Price to Sales (P/S)0.32
P/FCF Ratio-1.77
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$3.50Price Target Upside337.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.56
Revenue Forecast (FY)$356.52M
Prairie Operating Co Business Overview & Revenue Model
Company Description
Prairie Operating Co., headquartered in Oklahoma City, Oklahoma, is focused on developing energy resources to meet growing global demand while simultaneously prioritizing environmental protection. The organization adopted its current name, Prairie...
How the Company Makes Money
null...
Prairie Operating Co Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
46
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 312.25M | 241.65M | 7.94M | 0.00 | 0.00 | 369.80K |
| Gross Profit | 157.03M | 121.18M | 4.79M | 0.00 | 0.00 | 88.01K |
| EBITDA | -36.76M | 131.14M | -38.29M | -60.92M | 188.80K | -17.91M |
| Net Income | -118.00M | 32.05M | -40.91M | -79.08M | -461.52K | -17.27M |
Balance Sheet | ||||||
| Total Assets | 958.75M | 944.55M | 156.55M | 45.82M | 6.79M | 13.20M |
| Cash, Cash Equivalents and Short-Term Investments | 263.00K | 20.00K | 5.19M | 13.04M | 246.36K | 2.79M |
| Total Debt | 488.86M | 370.55M | 46.53M | 136.00K | 6.54M | 5.50M |
| Total Liabilities | 958.35M | 814.38M | 103.79M | 5.65M | 13.32M | 9.00M |
| Stockholders Equity | 400.00K | 130.16M | 52.77M | 40.17M | -6.53M | 4.20M |
Cash Flow | ||||||
| Free Cash Flow | -24.25M | -43.23M | -38.59M | -33.47M | -7.49M | -16.90M |
| Operating Cash Flow | 179.24M | 153.90M | -9.35M | -11.94M | -2.19M | -6.97M |
| Investing Cash Flow | -163.82M | -655.92M | -83.41M | -23.68M | -1.82M | -9.93M |
| Financing Cash Flow | -30.13M | 496.84M | 84.91M | 48.58M | 1.47M | 17.79M |
Prairie Operating Co Technical Analysis
Negative
0.80
Price Trends
0.78
Negative
1.12
Negative
1.46
Negative
Market Momentum
<0.01
Negative
52.17
Neutral
65.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PROP, the sentiment is Negative. The current price of 0.8 is above the 20-day moving average (MA) of 0.76, above the 50-day MA of 0.78, and below the 200-day MA of 1.46, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.17 is Neutral, neither overbought nor oversold. The STOCH value of 65.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PROP.
Prairie Operating Co Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
57 Neutral | $26.40M | 7.23 | 7.44% | 11.00% | -29.38% | -33.68% | |
56 Neutral | $132.01M | -35.32 | -5.44% | 12.53% | -3.16% | -313.41% | |
54 Neutral | $57.09M | 11.57 | 12.46% | 6.02% | 60.32% | 74.97% | |
50 Neutral | $69.77M | -0.49 | -96.10% | ― | 1350.36% | 72.90% |
* Energy Sector Average
PROP
Prairie Operating Co
0.71
-2.31
-76.36%
EPM
Evolution Petroleum
3.68
-0.49
-11.84%
CRT
Cross Timbers Royalty
10.22
1.99
24.24%
PVL
Permianville Royalty
1.73
0.15
9.63%
MTR
Mesa Royalty
2.90
-2.75
-48.69%
PRT
Permrock Royalty
2.17
-1.49
-40.73%
Prairie Operating Co Corporate Events
Business Operations and StrategyExecutive/Board Changes
Prairie Operating Co Appoints New Independent Board Director
Positive
Jul 22, 2026
Prairie Operating Co., a Houston-based independent energy producer listed on Nasdaq, develops and acquires oil and natural gas resources in the Denver-Julesburg Basin, concentrating on the Niobrara and Codell formations. The company pursues discip...
Delistings and Listing ChangesRegulatory Filings and Compliance
Prairie Operating Faces Nasdaq Bid Price Compliance Warning
Negative
Jul 9, 2026
On July 2, 2026, Prairie Operating Co. disclosed that it had received notice from Nasdaq that its common stock had closed below the $1.00 minimum bid price requirement for 30 consecutive business days, putting the company out of compliance with Na...
Executive/Board Changes
Prairie Operating Names New CEO and CFO, Updates Pay
Positive
Jun 25, 2026
On June 23, 2026, Prairie Operating Co. promoted Executive Vice President and Chief Financial Officer Gregory S. Patton to chief executive officer and board member, and appointed former Citigroup natural resources banker Michael Shelly as executiv...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Prairie Operating Updates Credit Agreement and Capital Structure
Neutral
Jun 11, 2026
On June 10, 2026, Prairie Operating Co. amended its Amended and Restated Credit Agreement with Citibank and other lenders, reaffirming a $475 million borrowing base while tightening covenants tied to distributable free cash flow and altering repor...
Executive/Board ChangesShareholder Meetings
Prairie Operating Shareholders Back Board and Auditor Slate
Positive
Jun 5, 2026
At Prairie Operating Co.’s 2026 Annual Meeting of Stockholders held on June 3, 2026, holders of 65,706,444 shares out of 97,344,348 outstanding common shares cast votes on board elections and auditor ratification. Stockholders elected four d...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.