Latest news with #PrairieOperatingCo
Yahoo
3 days ago
- Business
- Yahoo
Can Prairie Operating Co.'s Cost Leadership Set It Apart?
Prairie Operating Co. PROP is building its growth strategy around disciplined cost control, a focus that's quickly becoming one of its most important competitive advantages in the DJ Basin. The company has leaned into operational efficiencies across drilling, completion and production workflows, targeting scalable returns even at mid-cycle commodity prices. Its current one-rig development program emphasizes capital-light execution with a focus on short payback wells, allowing Prairie to maintain flexibility while still expanding volumes.A major contributor to this efficiency is Prairie Operating Co.'s vertical integration and hands-on supply management. The company is actively self-sourcing critical inputs like sand, water and chemicals, reducing exposure to third-party cost inflation and service delays. By deploying proprietary in-basin logistics, PROP minimizes transportation costs and keeps project timelines tight. The company's development model favors repeatable pad drilling, streamlining both capital intensity and cycle time, especially in its high-return Delaware Basin sets Prairie Operating Co. apart is not just what it spends, but how consistently it manages to do more with less. In an industry often shaped by unpredictable price cycles and rising service costs, Prairie's focus on margin preservation gives it breathing room. As the company scales through 2025, this cost structure offers a buffer against volatility and a platform for reinvestment. For investors and operators alike, Prairie's approach makes a strong case for capital efficiency as a long-term value driver. Oil production in Colorado's DJ Basin dates back to the 1970s, but activity has surged in recent years thanks to the involvement of major players like Chevron CVX and Civitas Resources CIVI. Both companies played a critical role in unlocking the basin's potential, bringing capital, technology, and scale to the region. However, Chevron and Civitas Resources have since turned their attention elsewhere, opening up a rare window of is now focused on high-return global assets and deeper Permian Basin exposure, while Civitas Resources has aggressively shifted its drilling inventory to the Permian, where it now controls over 1,200 locations. With Chevron expanding globally and Civitas Resources consolidating in other basins, competition in the DJ has cooled, leaving Prairie Operating Co. with the space to diversification by Chevron and Civitas Resources makes Prairie Operating Co.'s strategy especially compelling. With 157 permits and more than 586 gross locations, Prairie is carving out a meaningful position in a basin where consolidation has often commanded a premium. Shares of Prairie Operating Co. have lost 43% year to date. Image Source: Zacks Investment Research From a valuation standpoint, PROP trades at a forward price-to-sales ratio of 0.32, well below the sector average. Prairie Operating Co. carries a Value Score of B. Image Source: Zacks Investment Research The Zacks Consensus Estimate for 2025 and 2026 EPS has moved down 18% and 20%, respectively, in the past 30 days. Image Source: Zacks Investment Research The stock currently carries a Zacks Rank #3 (Hold).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report Civitas Resources, Inc. (CIVI) : Free Stock Analysis Report Prairie Operating Co. (PROP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Insider Spends US$493k Buying More Shares In Prairie Operating
Potential Prairie Operating Co. (NASDAQ:PROP) shareholders may wish to note that the Independent Director, Jonathan Gray, recently bought US$493k worth of stock, paying US$3.75 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 1,916%. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Notably, that recent purchase by Jonathan Gray is the biggest insider purchase of Prairie Operating shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is US$3.92. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Prairie Operating share holders is that insiders were buying at near the current price. Happily, we note that in the last year insiders paid US$511k for 136.50k shares. But insiders sold 100.83k shares worth US$1.1m. In total, Prairie Operating insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for Prairie Operating If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations. Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 34% of Prairie Operating shares, worth about US$52m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. The recent insider purchases are heartening. On the other hand the transaction history, over the last year, isn't so positive. The more recent transactions are a positive, but Prairie Operating insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. In short they are likely aligned with shareholders. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 3 warning signs for Prairie Operating (1 shouldn't be ignored) you should be aware of. Of course Prairie Operating may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
02-05-2025
- Business
- Yahoo
Why Prairie Operating Co. (PROP) Stock is Gaining This Week
We recently compiled a list of the Energy Stocks that are Gaining This Week. In this article, we are going to take a look at where Prairie Operating Co. (NASDAQ:PROP) stands against the other energy stocks. The ongoing artificial intelligence boom is set to transform the global energy sector. According to a recent report by the International Energy Agency, electricity demand from data centers worldwide is set to more than double by 2030 to around 945 terawatt-hours (TWh), slightly more than the entire electricity consumption of Japan today. Moreover, while the American big-tech has kept its focus on renewable energy over the last decade to reduce its carbon footprint, the sector is now also opening up to fossil fuels as a viable option to power its data centers. Natural gas has emerged as a forerunner to power the AI boom, since it is relatively clean, reliable, and abundant. However, gas prices aren't what they used to be, having risen by over 190% since March 2024. Another viable option is nuclear energy, which has gained worldwide attention recently following the CERAWeek conference in March, when several tech giants signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050. There have also been fears recently that the power demand required by the ballooning AI industry may have been overestimated, which led to several energy stocks posting significant declines not so long ago. However, the recently reported better-than-expected results from the cloud and AI businesses of some major American tech companies have somewhat eased these concerns. A row of massive oil rigs in a desert landscape, against a setting sun. To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between April 23 and April 30, 2025. The following are the Energy Stocks that Gained the Most This Week. The stocks are ranked according to their share price surge during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). Share Price Gains Between Apr. 23 – Apr. 30: 7.12% Prairie Operating Co. (NASDAQ:PROP) is an independent energy company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. Prairie Operating Co. (NASDAQ:PROP) surged this week after Piper Sandler initiated coverage on the stock, with an Overweight rating and a price target of $11. According to the investment firm, PROP is in a unique position to deliver organic oil growth and double-digit CAGR into FY 2026, after aggressively consolidating in the oil window of the northern DJ Basin. Prairie Operating Co. (NASDAQ:PROP) has completed approximately $800 million in transactions from FY 2023 to 2025. Overall, PROP ranks 9th on our list of the energy stocks that gained the most this week. While we acknowledge the potential of PROP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PROP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-04-2025
- Business
- Yahoo
Why Prairie Operating Co. (PROP) Is Crashing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Prairie Operating Co. (NASDAQ:PROP) stands against other energy stocks that are crashing this week. After a promising start to the year, the overall energy sector has fallen by almost 5.5% since the beginning of 2025. However, it still beats the 9.9% decline suffered by the wider market. The major reason behind this downturn is the plunge in global crude oil price, caused by the continued uncertainty surrounding the ongoing tariff war, the prospects of an economic slowdown, and the recent decision by OPEC+ to increase supply in May. The WTI crude oil price, which stood at just over $71 a barrel in the beginning of April, plunged to below $60 before again resurging to around $64.3 currently. To put additional pressure on the sector, the International Energy Agency recently cut its 2025 oil demand growth forecast by 300,000 barrels per day compared to last month, warning the world to 'buckle up' amid the escalating trade tensions. Moreover, OPEC also cut its 2025 global oil demand growth forecast for the first time since December last week, expecting the demand to rise by 1.30 million bpd in 2025 and by 1.28 million bpd in 2026. Both figures are down 150,000 bpd from last month's estimates. A rig pumping oil in the midst of a sun-baked desert. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 15 to April 22, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Share Price Decline Between Apr. 15 and Apr. 22: 9.95% Prairie Operating Co. (NASDAQ:PROP) is an independent energy company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. Prairie Operating Co. (NASDAQ:PROP) recently filed a registration statement for the potential sale of up to $500 million of securities from time to time in one or more offerings. Just last month, the company announced the pricing of an underwritten public offering of $38.5 million of shares of its common stock at a price to the public of $4.50 per share. The company intends to use these proceeds for general corporate purposes, which may include investments in subsidiaries, existing or future projects, drilling and development programs, funding acquisitions, working capital, capital expenditures, and debt repayment. Overall, PROP ranks 3rd on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PROP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Associated Press
10-04-2025
- Business
- Associated Press
Prairie Operating Co. Secures Strong Cash Flow with Strategic Hedging Program Ahead of Market Downturn
HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the 'Company' or 'Prairie') – an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin – today announced the successful execution of a strategic hedging program which covers approximately 85% of its current daily production, implemented prior to the recent pullback in oil and gas prices. The hedges were executed following the closing of Prairie's transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. This well-timed risk management initiative secures strong pricing, enhances visibility, and reinforces the Company's commitment to capital discipline and long-term value creation. Key Hedging Terms: Remaining 2025 Production: $68.27/bbl WTI and $4.28/MMBtu Henry Hub 2026–1Q 2028 Production: $64.29/bbl WTI and $4.09/MMBtu Henry Hub 'Our hedging strategy is a powerful example of how we're executing our broader growth plan with discipline and foresight,' said Edward Kovalik, Chairman and CEO of Prairie. 'We've protected cash flows, reduced risk, and positioned the Company to accelerate growth while delivering long-term shareholder value.' Prairie continues to advance development across its DJ Basin footprint, including the recently announced 11-well Rusch Pad targeting the Niobrara and Codell formations. The Company remains focused on operational execution, cost efficiency, and disciplined capital allocation, all supported by a fortified balance sheet and a proactive risk management strategy. About Prairie Operating Co. Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas 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 and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation. More information about the Company can be found at Forward-Looking Statement The information included herein and in any oral statements made in connection herewith include 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words 'strive', 'could,' 'should,' 'will,' 'may,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect,' 'project,' the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. The Company cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. There may be additional risks not currently known by the Company or that the Company currently believes are immaterial that could cause actual results to differ from those contained in the forward-looking statements. Additional information concerning these and other factors that may impact the Company's expectations can be found in the Company's periodic filings with the Securities and Exchange Commission (the 'SEC'), including the Company's Annual Report on Form 10-K/A filed with the SEC on March 6, 2025, and any subsequently filed Quarterly Report and Current Report on Form 8-K. The Company's SEC filings are available publicly on the SEC's website at 832.274.3449
