Company research
Prairie Operating Co.
CIK 1162896Updated Sep 24, 2026
SecurityPROP · NASDAQ · equity
Historical securities (1)
WIZD · OTC · equity · closed Sep 2, 2021Name history
Creek Road Miners, Inc. · through May 4, 2023WIZARD BRANDS, INC. · through Jun 10, 2021WIZARD ENTERTAINMENT, INC. · through May 19, 2020Wizard World, Inc. · through Oct 5, 2018GOENERGY INC · through Jan 25, 2011
PROP price & chart
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NASDAQ:PROP on TradingView ↗About the company
Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquid resources in the United States. 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 is committed to the responsible development of its oil natural gas, and natural gas liquid resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation.
In the news
Prairie Operating Co. Announces Second Quarter 2026 Earnings Conference Call ↗
EnerCom Announces Premier Networking Events for the 31st Annual Energy Investment Conference, Including Monday Charity Golf Tournament, Monday VIP Welcome Mixer, and Tuesday Casino Night ↗
Recent filings
Entry into a Material Definitive Agreement · Material Modification to Rights of Security Holders
Items 1.01, 3.03
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Material Modification to Rights of Security Holders
Items 1.01, 2.03, 3.03, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Material Modification to Rights of Security Holders
Items 1.01, 3.03, 9.01
Show 5 more recent filings
SCHEDULE 13G filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Items 3.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Material Modification to Rights of Security Holders
Items 1.01, 2.03, 3.03, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 944,546,000Source | 156,554,000Source | 45,683,011Source | 6,793,097Source |
| Property, Plant and Equipment, NetUSD | 824,456,000Source | 134,620,000Source | 31,887,711Source | 1,632,007Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 20,000Source | 5,192,000Source | 13,036,950Source | 246,358Source |
| Inventory, NetUSD | 3,604,000Source | — | — | — |
| Assets, CurrentUSD | 79,722,000Source | 18,302,000Source | 13,531,091Source | 5,050,740Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,452,000Source | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 2,966,000Source | 1,323,000Source | 155,253Source | — |
| Other Assets, NoncurrentUSD | 133,000Source | 1,759,000Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 678,236,000Source | 103,786,000Source | 5,510,200Source | 13,318,156Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 625,000Source | 230,000Source | 98,267Source | 1,224Source |
| Additional Paid in CapitalUSD | 217,785,000Source | 172,304,000Source | 118,927,814Source | 54,202,355Source |
| Retained Earnings (Accumulated Deficit)USD | -87,715,000Source | -119,766,000Source | -78,853,677Source | -60,728,664Source |
| Stockholders' Equity Attributable to ParentUSD | 130,164,000Source | 52,768,000Source | 40,172,811Source | -6,525,059Source |
| Liabilities and EquityUSD | 944,546,000Source | 156,554,000Source | 45,683,011Source | 6,793,097Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 125,777,000Source | 63,009,000Source | 5,416,384Source | 13,168,256Source |
| Operating Lease, Liability, CurrentUSD | 1,300,000Source | 323,000Source | 41,890Source | — |
| Accounts Payable, CurrentUSD | — | 33,856,000Source | 2,295,575Source | — |
| Operating Lease, Liability, NoncurrentUSD | 1,792,000Source | 1,043,000Source | 93,816Source | — |
| Other Liabilities, NoncurrentUSD | 1,082,000Source | — | — | — |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 21,652,000Source | 854,000Source | 103,929Source | — |
| Long-term DebtUSD | — | 28,000,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -40,912,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 48,916,000Source | 427,000Source | 983,788Source | 658,080Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 14,764,000Source | 8,377,000Source | 2,894,686Source | 2,681,201Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | 12,265,000Source | — | -428Source |
| Increase (Decrease) in InventoriesUSD | 3,552,000Source | — | — | -18,725Source |
| Deferred Income Tax Expense (Benefit)USD | 21,652,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 153,902,000Source | -9,348,000Source | -11,940,855Source | -2,192,607Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -655,916,000Source | -83,408,000Source | -23,684,302Source | -1,815,520Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 200,000Source | 5,295,478Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 496,842,000Source | 84,911,000Source | 48,582,262Source | 1,469,297Source |
| Repayments of Long-term DebtUSD | — | — | 150,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -5,172,000Source | -7,845,000Source | 12,957,105Source | -2,538,830Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 25,259,000Source | 715,000Source | 120,767Source | — |
| Income Taxes Paid, NetUSD | 1,800,000Source | — | — | — |
| Additional Financial Items | ||||
| Accretion Expense, Including Asset Retirement ObligationsUSD | 247,000Source | 6,000Source | — | — |
| Share-based Payment Arrangement, ExpenseUSD | — | — | 2,973,641Source | 2,870,665Source |
| Amortization of Debt Issuance CostsUSD | 3,175,000Source | 35,000Source | — | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 247,000Source | 6,000Source | — | — |
| DepreciationUSD | — | — | — | 658,080Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 48,916,000Source | 427,000Source | 983,788Source | 658,080Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 79,230,000Source | — | — | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 0Source | -1,045,000Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 1,100,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | -127,222Source |
| Gain (Loss) on Sale of DerivativesUSD | 21,396,000Source | — | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | — | -5,231,752Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | -3,039,000Source | — | — |
| General and Administrative ExpenseUSD | 50,614,000Source | 30,565,000Source | 16,269,045Source | 3,606,522Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | 107,174Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | — | 17,072,015Source | 107,174Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 32,051,000Source | -39,867,000Source | — | -13,401,076Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -13,401,076Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -1,045,000Source | — | -17,738Source |
| Income Tax Expense (Benefit)USD | 21,654,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 32,051,000Source | -40,912,000Source | -79,078,860Source | -13,418,814Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -60,907,000Source | — | — | -13,783,198Source |
| Nonoperating Income (Expense)USD | -11,873,000Source | -13,354,000Source | -45,487,430Source | -5,794,243Source |
| Operating ExpensesUSD | 176,070,000Source | 34,452,000Source | 35,137,222Source | 8,124,435Source |
| Operating Lease, ExpenseUSD | 41,411,000Source | 1,265,000Source | — | — |
| Other Nonoperating Income (Expense)USD | — | — | -548,144Source | — |
| Payments of Financing CostsUSD | — | — | 165,593Source | — |
| Payments to Acquire InvestmentsUSD | — | — | — | 125,000Source |
| Proceeds from Issuance of Common StockUSD | 43,817,000Source | 15,000,000Source | 32,400,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 633,000Source | — | — | — |
| Unrealized Gain (Loss) on DerivativesUSD | 57,834,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 241,648,000Source | 7,939,000Source | — | 517,602Source |
| Operating Income (Loss)USD | 65,578,000Source | -26,513,000Source | -33,591,430Source | -7,606,833Source |
| Other Nonoperating Income (Expense)USD | — | — | -548,144Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 53,705,000Source | -39,867,000Source | -79,078,860Source | -13,401,076Source |
| Income Tax Expense (Benefit)USD | 21,654,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 32,051,000Source | -40,912,000Source | -79,078,860Source | -13,418,814Source |
| Earnings Per Share, BasicUSD per share | -1.35Source | -2.65Source | -16.51Source | -1.18Source |
| Earnings Per Share, DilutedUSD per share | -1.35Source | -2.65Source | -16.51Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 45,232,756Source | 15,453,502Source | 4,788,412Source | 11,648,878Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 45,232,756Source | — | 4,788,412Source | — |
| Additional Financial Items | ||||
| Accretion Expense, Including Asset Retirement ObligationsUSD | 247,000Source | 6,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 2,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 48,916,000Source | 427,000Source | 983,788Source | 658,080Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 0Source | -1,045,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | -127,222Source |
| General and Administrative ExpenseUSD | 50,614,000Source | 30,565,000Source | 16,269,045Source | 3,606,522Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 32,051,000Source | -39,867,000Source | — | -13,401,076Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -13,401,076Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -1.35Source | -2.58Source | — | -1.18Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -1.35Source | -2.58Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -1,045,000Source | — | -17,738Source |
| Interest ExpenseUSD | — | — | — | 613,827Source |
| Interest Expense, DebtUSD | 28,521,000Source | — | — | — |
| Interest Income (Expense), NetUSD | — | 1,142,000Source | — | — |
| Interest Income, OtherUSD | 759,000Source | 580,000Source | 248,073Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -60,907,000Source | — | — | -13,783,198Source |
| Nonoperating Income (Expense)USD | -11,873,000Source | -13,354,000Source | -45,487,430Source | -5,794,243Source |
| Operating ExpensesUSD | 176,070,000Source | 34,452,000Source | 35,137,222Source | 8,124,435Source |
| Operating Lease, ExpenseUSD | 41,411,000Source | 1,265,000Source | — | — |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | — | — | 364,384Source |
| Research and Development ExpenseUSD | 152,900,000Source | 38,000,000Source | — | — |
| Taxes, MiscellaneousUSD | 21,231,000Source | — | — | — |
Filing attachments
ef20079578_ex99-1.htm · 8-K · 2026-08-17
EX-99.1 2 ef20079578_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Prairie Operating Co. Announces Second Quarter 2026 Results Houston, Texas, August 17, 2026 (GLOBE NEWSWIRE) - Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) - an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids (“NGL”) resources in the Denver-Julesburg (DJ) Basin - today announced its financial and operational results for the qu…
Read attachment ↗ef20078377_ex99-1.htm · 8-K · 2026-07-22
EX-99.1 5 ef20078377_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Prairie Operating Co. Announces Appointment of Jennifer M. Grigsby to Board of Directors Veteran Public Company Director and Energy Finance Executive Brings More Than Three Decades of Leadership in Corporate Finance, Governance, and Capital Markets HOUSTON, TEXAS, July XX, 2026 (GLOBE NEWSWIRE) - Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) - an independent energy company engaged in the development and acquisit…
Read attachment ↗ef20072808_ex99-1.htm · 8-K · 2026-05-14
EX-99.1 2 ef20072808_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Houston, Texas, May 14, 2026 (GLOBE NEWSWIRE) - Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) - an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids (“NGL”) resources in the Denver-Julesburg (DJ) Basin - today announced its financial and operational results for the first quarter ended March 31, 2026. Recent Key Highlights Tota…
Read attachment ↗ef20071190_ex99-1.htm · 8-K · 2026-04-22
EX-99.1 2 ef20071190_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Prairie Operating Co. Announces Board of Director Resignation Houston, Texas, April 22, 2026 (GLOBE NEWSWIRE) - Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) - an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids resources in the Denver-Julesburg (DJ) Basin - today announced that Gizman I. Abbas has provided notice of his resign…
Read attachment ↗ef20070147_ex4-1.htm · 8-K · 2026-04-09
EX-4.1 2 ef20070147_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 FORM OF WARRANT WARRANT TO PURCHASE SHARES OF COMMON STOCK PRAIRIE OPERATING CO. Warrant Shares: 4,000,000 Original Issuance Date: April 8, 2026 THIS WARRANT TO PURCHASE SHARES OF COMMON STOCK (this “Warrant”) certifies that, for value received, Hudson Bay PH XIX LLC or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time or time…
Read attachment ↗ef20070147_ex4-2.htm · 8-K · 2026-04-09
EX-4.2 3 ef20070147_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 FORM OF WARRANT WARRANT TO PURCHASE SHARES OF COMMON STOCK PRAIRIE OPERATING CO. Warrant Shares: 3,000,000 Original Issuance Date: July 8, 2026 THIS WARRANT TO PURCHASE SHARES OF COMMON STOCK (this “Warrant”) certifies that, for value received, Hudson Bay PH XIX LLC or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time or times…
Read attachment ↗