PROP · Prairie Operating Co.
Market Cap
$48.05M
Shares
112.80M
Volume · Oct 6
423.13K
Avg daily vol (3M)
1.66M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$0.40
Open$0.38
Day$0.38–0.40
52W close$0.38–2.50
Avg vol 30d1.3M
Short int11.7M · 10.4% float · 7.5d
Short vol66%
Last earningsAug 17, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 14
Up next
Next earnings call
Nov 21, 2026
Est · unconfirmed
· in 6 wks
filed Aug 14, 2026
call held Aug 17, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$342.23M
Trailing 12 months
Net income (TTM)
−$44.67M
Trailing 12 months
Revenue growth YoY
+45.2%
Year over year
Operating margin
27.1%
Trailing 12 months
P / E (TTM)
12.7
Trailing earnings · reciprocal yield 7.8%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-6.4%
Year over year · fewer shares
Price change (1Y)
-80.5%
Trailing year
Short interest
10.4%
Latest settlement · 7.5 days to cover
AI Brief
Q2 FY26 earnings call · Aug 17, 2026
Q2 FY26
TL;DR. Prairie reported Q2 2026 production of 21,866 Boe/d with revenue up ~45% YoY to $98.9M, but cut full-year 2026 guidance to 23,000–25,000 Boe/d production, $185–195M capex, and $180–190M Adjusted EBITDA, while adding a new minimum production covenant and extending Series F preferred negotiations.
Bullish
- + Revenue rose ~45% YoY to $98.9M and H1 revenue rose 125% YoY to $182.3M new
- + August production reached ~27,000 Boe/d, up sharply from Q2 average new
- + Drilling execution improved with first three-mile lateral, 12 Q2 wells all below AFE, and $40,000/well savings from smaller hole design trials new
- + Series F preferred balance reduced to $78M outstanding (from $148.5M originally), warrant coverage cut to 0.65-to-1, lowering dilution new
- + Hedge book extends through Q2 2029, including ~2.7M Bbls of H2 2026 oil at $63.09/Bbl new
Bearish
- − Full-year 2026 production guidance cut to 23,000–25,000 Boe/d and Adjusted EBITDA to $180–190M, citing CIG pricing impact and TIL timing new
- − New credit facility amendment adds a minimum net monthly production covenant measured on a rolling three-month average starting September 30, 2026 new
- − Natural gas realization was negative at $(1.30)/Mcf due to weak CIG pricing new
- − Liquidity tight with only $39M of borrowing base availability and $125.5M working capital deficit at quarter-end new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 15 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−66%
below
Price vs 50-day avg
−29%
below
RSI (14)
38
neutral
MACD trend
Positive
52-week position
1%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−16%
trailing
6-month return
−68%
trailing
YTD return
−77%
this year
Relative strength
−80%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-8% holders QoQ · +30 funds added
Insider flow
Accumulating
Net +$12.6K over 90 days · 0% sells
Short interest
Falling
10.41% of float · ▼ -10.8% MoM · 7.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
111 holders — mid 2-yr range
Squeeze score
62
elevated · 0–100
Fundamentals
Revenue growth
+414%
Y/Y
Gross margin
19%
contracting
EPS growth
+49%
Y/Y
Free cash flow
$153.7M
Balance sheet
$22.8M
net debt
Quant / Vol
risk profile
Volatility
100%
annualized · 1-yr
Max drawdown
−85%
past year
ATR
9.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 17, 2026
Capital expenditures
· full-year 2026
Lowered
$185M – $195M
May 14, 2026
$200M – $220M
changed to
Aug 17, 2026
$185M – $195M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−66%
Bearish
Price vs 50-day avg
−29%
Bearish
RSI (14)
38
Neutral
MACD trend
Positive
Bullish
52-week position
1%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $1 › 200d $1 — 200d above 50d
Institutional flow
Distributing
-8% holders QoQ · +30 funds added
Insider flow
Accumulating
Net +$12.6K over 90 days · 0% sells
Short interest
Falling
10.41% of float · ▼ -10.8% MoM · 7.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
111 holders — mid 2-yr range
Price context
position in its 52-week range
Range low $0
Now $0 · 1%
Range high $3
vs 200-day avg -66%
vs 50-day avg -29%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 71.14M | Six Months Ended June 30, 2026 | — |
| Average daily production | 22,500 | Year-to-Date 2026 | — |
| Average sales volumes per day | 21,866 | Q2 2026 | — |
| Total production | 4.1 | Year-to-Date 2026 | — |
| Average price (per Boe) | $49.68 | Three Months Ended June 30, 2026 filing | — |
| Average price (per Boe) including effects of derivatives | $33.25 | Three Months Ended June 30, 2026 filing | — |
| Lease operating expenses per Boe | $6.85 | Three Months Ended June 30, 2026 filing | — |
| Total operating expenses per Boe | $26.89 | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas E&P — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PROP
this stock
Prairie Operating Co.
|
$48.05M | -76.6% | +413.6% | — | 10.4% |
|
COP
Conocophillips
|
$150.96B | +38.2% | +7.7% | 16.6 | 1.3% |
|
CNQ
CANADIAN NATURAL RESOURCES Ltd
|
$98.26B | +42.1% | — | — | 8.9% |
|
EOG
Eog Resources Inc
|
$75.57B | +37.4% | -4.5% | 11.2 | 3.0% |
|
OXY
Occidental Petroleum Corp /De/
|
$56.84B | +41.9% | -1.9% | 8.7 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PROP | -6.2% | -15.6% | -68.4% | -4.0% | -76.6% |
| SPY | +2.0% | +1.7% | +11.3% | +2.2% | +14.3% |
| vs SPY | -8.1% | -17.3% | -79.7% | -6.2% | -90.9% |