PROP

Company Overview — What Does Prairie Operating Co. Do?

Prairie Operating Co., an independent energy company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co. is based in Houston Texas. Prairie Operating Co. (PROP) is classified as a micro-cap stock in the Energy sector, specifically within the Petroleum And Natural Gas industry. The company is led by CEO Edward Kovalik and employs approximately 19 people. With a market capitalization of $119M, PROP is one of the notable companies in the Energy sector.

Prairie Operating Co. (PROP) Stock Rating — Reduce (April 2026)

As of April 2026, Prairie Operating Co. receives a Reduce rating with a composite score of 35.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PROP ranks #2,178 out of 4,446 stocks in our coverage universe. Within the Energy sector, Prairie Operating Co. ranks #112 of 128 stocks, placing it in the lower half of its Energy peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PROP Stock Price and 52-Week Range

Prairie Operating Co. (PROP) currently trades at $2.41. The 52-week high for PROP is $6.01, which means the stock is currently trading -59.9% from its annual peak. The 52-week low is $1.50, putting the stock 60.7% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is PROP Overvalued or Undervalued? — Valuation Analysis

Prairie Operating Co. (PROP) carries a value factor score of 73/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 4.11x, compared to the Energy sector average of 20.66x — a discount of 80%. The price-to-book ratio stands at 1.39x, versus the sector average of 1.76x. The price-to-sales ratio is 0.89x, compared to 0.49x for the average Energy stock. On an enterprise value basis, PROP trades at 2.57x EV/EBITDA, versus 3.73x for the sector.

Based on these multiples, Prairie Operating Co. appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

Prairie Operating Co. Profitability — ROE, Margins, and Quality Score

Prairie Operating Co. (PROP) earns a quality factor score of 17/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 33.7%, compared to the Energy sector average of 6.7%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 3.7% versus the sector average of 3.7%.

On a margin basis, Prairie Operating Co. reports gross margins of 77.0%, compared to 52.7% for the sector. The operating margin is 25.2% (sector: 10.7%). Net profit margin stands at 11.6%, versus 6.4% for the average Energy stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

PROP Debt, Balance Sheet, and Financial Health

Prairie Operating Co. has a debt-to-equity ratio of 667.0%, compared to the Energy sector average of 55.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.83x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $418M. Cash and equivalents stand at $11M.

PROP has a beta of 0.76, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Prairie Operating Co. is 31/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Prairie Operating Co. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Prairie Operating Co. reported revenue of $159M and earnings per share (EPS) of $-0.44. Net income for the quarter was $34M. Gross margin was 77.0%. Operating income came in at $39M.

In Q3 2025, Prairie Operating Co. reported revenue of $78M and earnings per share (EPS) of $-0.44. Net income for the quarter was $1M. Operating income came in at $27M.

In Q2 2025, Prairie Operating Co. reported revenue of $68M and earnings per share (EPS) of $1.04. Net income for the quarter was $36M. Operating income came in at $19M.

In Q1 2025, Prairie Operating Co. reported revenue of $14M and earnings per share (EPS) of $-3.49. Net income for the quarter was $-3M. Operating income came in at $2M.

Over the past 8 quarters, Prairie Operating Co. has demonstrated a growth trajectory, with revenue expanding from $0 to $159M. Investors analyzing PROP stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

PROP Dividend Yield and Income Analysis

Prairie Operating Co. (PROP) does not currently pay a dividend. This is common among smaller companies in the Petroleum And Natural Gas industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Energy dividend stocks may want to explore other Energy stocks or use the stock screener to filter by dividend yield.

PROP Momentum and Technical Analysis Profile

Prairie Operating Co. (PROP) has a momentum factor score of 31/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 64/100 reflects moderate short selling activity.

PROP vs Competitors — Energy Sector Ranking and Peer Comparison

Within the Energy sector, Prairie Operating Co. (PROP) ranks #112 out of 128 stocks based on the Blank Capital composite score. This places PROP in the lower half of all Energy stocks in our coverage universe. Key competitors and sector peers include Greenfire Resources Ltd. (GFR) with a score of 59.0/100, TotalEnergies SE (TTE) with a score of 57.1/100, APA Corp (APA) with a score of 54.0/100, GeoPark Ltd (GPRK) with a score of 55.4/100, and Kimbell Royalty Partners, LP (KRP) with a score of 52.4/100.

Comparing PROP against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PROP vs S&P 500 (SPY) comparison to assess how Prairie Operating Co. stacks up against the broader market across all factor dimensions.

PROP Next Earnings Date

No upcoming earnings date has been announced for Prairie Operating Co. (PROP) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PROP? — Investment Thesis Summary

The quantitative profile for Prairie Operating Co. suggests caution. The quality score of 17/100 flags below-average profitability. The value score of 73/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 31/100, a headwind for near-term performance. High volatility (stability score 31/100) increases portfolio risk.

In summary, Prairie Operating Co. (PROP) earns a Reduce rating with a composite score of 35.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PROP stock.

Related Resources for PROP Investors

Explore more research and tools: PROP vs S&P 500 comparison, top Energy stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PROP head-to-head with peers: PROP vs GFR, PROP vs TTE, PROP vs APA.