Prairie Operating Co. (PROP)Energy | Oil & Gas E&P | Houston, United States | NasdaqCM
0.56 USD
+0.02
(4.529%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 0.56 +0.00 (0.806%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:54 a.m. EDT
The investment case for Prairie Operating Co. is currently broken by a catastrophic multi-year decline and a deteriorating balance sheet. Over the last nine years, the stock has lost 98.8% of its value, with the last two years seeing double-digit percentage drops. While the company reports positive operating cash flow and high gross margins, these are being overwhelmed by massive debt loads and negative free cash flow, leading to a negative return on equity. The market has correctly priced this as a value trap; the low forward P/E is not a bargain but a reflection of the severe distress. With no dividend to provide income and a balance sheet that cannot support aggressive growth without further dilution, the long-term outlook is bleak. In the short term, the technical picture is grim, with the stock trading well below its moving averages and facing heavy selling pressure. Options activity confirms this fear, with traders buying insurance against further drops rather than betting on a recovery. Until the debt structure is resolved and the balance sheet is stabilized, this remains a high-risk speculative vehicle with little margin of safety. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.121681 |
| AutoETS | 0.121684 |
| MSTL | 0.132001 |
| AutoTheta | 0.305836 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 8.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.203 |
| Excess Kurtosis | 0.05 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 159.799 |
| Revenue per Share | 4.807 |
| Market Cap | 62,997,688 |
| Forward P/E | 1.43 |
| Beta | -0.94 |
| Profit Margins | -13.02% |
| Previous Name | Prairie Operating Co., LLC |
| Website | https://www.prairieopco.com |
As of Aug. 22, 2026, 2:54 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across nearly all expirations, with deep out-of-the-money puts showing massive volume relative to calls. The strike distribution for calls is heavily skewed toward far-out-of-the-money strikes (1.5x and 2.0x current price), indicating speculative bets on a massive rally, while the put book shows concentrated activity at strikes just above the current price, suggesting a high probability of further decline or stagnation. Implied volatility is elevated for both sides, reflecting uncertainty, but the sheer volume imbalance points to a defensive, bearish sentiment.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.77750003 |
| Address1 | 55 Waugh Drive |
| Address2 | Suite 400 |
| All Time High | 752.94116 |
| All Time Low | 0.511 |
| Ask | 0.6951 |
| Ask Size | 2 |
| Audit Risk | 8 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 3,831,660 |
| Average Daily Volume3 Month | 2,244,622 |
| Average Volume | 2,244,622 |
| Average Volume10Days | 3,831,660 |
| Beta | -0.943 |
| Bid | 0.3797 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 2.107 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.5585 |
| Current Ratio | 0.25 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 0.5743 |
| Day Low | 0.53 |
| Debt To Equity | 159.799 |
| Display Name | Prairie Operating |
| Dividend Date | 1,582,761,600 |
| Earnings Call Timestamp End | 1,786,737,600 |
| Earnings Call Timestamp Start | 1,786,737,600 |
| Earnings Growth | 0.275 |
| Earnings Quarterly Growth | 2.055 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | 193,478,000 |
| Ebitda Margins | 0.56406 |
| Enterprise To Ebitda | 2.875 |
| Enterprise To Revenue | 1.622 |
| Enterprise Value | 556,237,696 |
| Eps Current Year | 0.51 |
| Eps Forward | 0.39 |
| Eps Trailing Twelve Months | -0.51 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.72144 |
| Fifty Day Average Change | -0.16294003 |
| Fifty Day Average Change Percent | -0.22585388 |
| Fifty Two Week Change Percent | -77.75 |
| Fifty Two Week High | 2.55 |
| Fifty Two Week High Change | -1.9914999 |
| Fifty Two Week High Change Percent | -0.78098035 |
| Fifty Two Week Low | 0.511 |
| Fifty Two Week Low Change | 0.047500014 |
| Fifty Two Week Low Change Percent | 0.09295502 |
| Fifty Two Week Range | 0.511 - 2.55 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,361,284,200,000 |
| Float Shares | 77,131,279 |
| Forward Eps | 0.39 |
| Forward P E | 1.4320513 |
| Free Cashflow | -51,120,500 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 59 |
| Fullday Change | 0.0242 |
| Fullday Change Percent | 4.52928 |
| Fullday Price | 0.563 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.71833 |
| Gross Profits | 246,392,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.33661997 |
| Held Percent Institutions | 0.18964 |
| Implied Shares Outstanding | 112,798,010 |
| Industry | Oil & Gas E&P |
| Industry Disp | Oil & Gas E&P |
| Industry Key | oil-gas-e-p |
| Ipo Expected Date | 2,023-12-28 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,697,414,400 |
| Last Split Factor | 34:1000 |
| Long Business Summary | Prairie Operating Co., an independent energy company, engages in the acquisition and development of crude oil, natural gas, and natural gas liquids resources in the United States. Prairie Operating Co. is based in Houston, Texas. |
| Long Name | Prairie Operating Co. |
| Market | us_market |
| Market Cap | 62,997,688 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1792348219 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | 2,331,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 60,651,489 |
| Number Of Analyst Opinions | 2 |
| Open | 0.5347 |
| Operating Cashflow | 238,436,000 |
| Operating Margins | 0.46697 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 713 766 1200 |
| Post Market Change | 0.0045000315 |
| Post Market Change Percent | 0.8057353 |
| Post Market Price | 0.563 |
| Post Market Time | 1,787,959,804 |
| Prev Name | Prairie Operating Co., LLC |
| Previous Close | 0.5343 |
| Price Eps Current Year | 1.095098 |
| Price Hint | 4 |
| Price To Book | 0.2650688 |
| Price To Sales Trailing12 Months | 0.18366191 |
| Profit Margins | -0.13023 |
| Quick Ratio | 0.215 |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 0.0242 |
| Regular Market Change Percent | 4.52928 |
| Regular Market Day High | 0.5743 |
| Regular Market Day Low | 0.53 |
| Regular Market Day Range | 0.53 - 0.5743 |
| Regular Market Open | 0.5347 |
| Regular Market Previous Close | 0.5343 |
| Regular Market Price | 0.5585 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 1,401,135 |
| Return On Assets | 0.08167 |
| Return On Equity | -0.15453 |
| Revenue Growth | 0.452 |
| Revenue Per Share | 4.807 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 112,798,010 |
| Shares Percent Shares Out | 0.0722 |
| Shares Short | 8,146,378 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 15,205,354 |
| Short Name | Prairie Operating Co. |
| Short Percent Of Float | 0.089899994 |
| Short Ratio | 5.95 |
| Source Interval | 15 |
| State | TX |
| Symbol | PROP |
| Target High Price | 2.0 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.0 |
| Target Median Price | 2.0 |
| Total Cash | 21,000 |
| Total Cash Per Share | 0.0 |
| Total Debt | 440,544,992 |
| Total Revenue | 343,008,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.51 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.348335 |
| Two Hundred Day Average Change | -0.78983504 |
| Two Hundred Day Average Change Percent | -0.58578545 |
| Type Disp | Equity |
| Volume | 1,401,135 |
| Website | https://www.prairieopco.com |
| Zip | 77,007 |