Prairie Operating Co. (PROP)
Prairie Operating Co. brought in $342.2M of revenue over the twelve months to June 30, 2026. It posted a net loss of $44.7M. At June 30, 2026 it held $21K in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 14, 2026.
Key facts about Prairie Operating Co.
- Net worth
- Prairie Operating Co. has a market value (market cap) of $41.3M at the latest share price, and shareholders' equity of $223M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $241.6M (+2,943.8% year on year), with net income of $32.1M. Over the 12 months to June 30, 2026: revenue $342.2M, net loss $44.7M.
- Cash flow
- In fiscal 2025 operations brought in $153.9M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 14, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Prairie Operating Co.'s next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
What Prairie Operating Co. does
Prairie Operating Co. is registered with the SEC under industry code SIC 1311 (Crude Petroleum & Natural Gas). Its shares trade on NASDAQ under the ticker PROP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $241.6M | $32.1M | -$1.35 | n/a |
| 2024 | $7.9M | -$40.9M | -$2.65 | n/a |
| 2023 | $1.5M | -$79.1M | -$16.51 | -$12.1M |
| 2022 | $517.6K | -$13.4M | -$1.18 | -$7.5M |
| 2021 | $369.8K | -$17.3M | -$3.71 | -$9.3M |
| 2020 | $412.3K | -$1.9M | -$0.58 | -$1.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PROP ranks in Energy
Latest SEC filings
What Prairie Operating Co. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 31, 2026
- August 17, 2026
- August 17, 2026
- August 14, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 45% to $98.9M versus the same quarter last year; diluted EPS $0.23 versus $0.18.
- August 10, 2026
- August 4, 2026Passive stake (5% or more) SCHEDULE 13G
- July 22, 2026
- July 9, 2026
- June 25, 2026
- June 11, 2026
Insider trades
What the people running Prairie Operating Co. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $12.6K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Sweeney Daniel T.EVP, GC and Corp. Sec. | Received as pay | 1,500,000 | - |
| October 1, 2026 | Freeman BryanEVP of Operations | Received as pay | 1,440,000 | - |
| September 3, 2026 | Frommer Richard N.Director | Bought | 28,000 | $12.6K |
| July 21, 2026 | Gray Jonathan H.Director | Received as pay | 100,000 | - |
| July 21, 2026 | Frommer Richard N.Director | Received as pay | 100,000 | - |
| July 21, 2026 | Thoresen ErikDirector | Received as pay | 100,000 | - |
| July 21, 2026 | Shelly Michael JamesExecutive Vice President & CFO | Received as pay | 840,000 | - |
| June 23, 2026 | Patton Gregory ScottChief Executive Officer, Director | Received as pay | 425,000 | - |
Who owns PROP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust13D, may seek influence with 2 related filers | 32.06% | December 16, 2025 |
| PSM Holdings LLC13G, passive | 8.6% | August 4, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 110 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Vanguard Capital Management LLC | 2,756,018 | +1,251,725 |
| Aqr Capital Management LLC | 2,357,570 | +2,134,866 |
| Arax Advisory Partners | 1,423,685 | +37,152 |
| Lazard Asset Management LLC | 1,137,794 | +979,087 |
| UBS Group AG | 1,008,483 | +709,268 |
| BlackRock, Inc. | 879,964 | -1,158,379 |
| Susquehanna International Group, Llp | 860,777 | -522,169 |
| Geode Capital Management, LLC | 859,956 | -27,387 |
| Group One Trading LLC | 600,538 | +169,412 |
| Millennium Management LLC | 525,876 | new |
| Vanguard Fiduciary Trust Co | 444,829 | +208,022 |
| Corient Private Wealth LP | 433,189 | +363,209 |
| Morgan Stanley | 366,506 | -86,355 |
| Fore Capital, LLC | 315,000 | new |
| State Street Corp | 311,400 | -256,518 |
| ELCO Management Co., LLC | 301,968 | +160,147 |
| Transcend Capital Advisors, LLC | 267,031 | new |
| Marex Group Ltd | 250,164 | new |
| Wellington Management Group Llp | 248,762 | +178,040 |
| Bnp Paribas Financial Markets | 239,414 | +232,391 |
Insiders
12 insiders reported holding 27,411,121 shares in total, about $10M at the last price.
| Holder | Shares |
|---|---|
| Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust10% owner | 15,481,603 |
| Sweeney Daniel T.EVP, GC and Corp. Sec. | 2,066,534 |
| Freeman BryanEVP of Operations | 2,062,013 |
| Hanna Gary CPresident, Director | 2,023,217 |
| Kovalik EdwardChief Executive Officer, Director | 2,010,076 |
| Patton Gregory ScottChief Executive Officer, Director | 1,116,224 |
| Gray Jonathan H.Director | 1,060,769300,496 held indirectly |
| Shelly Michael JamesExecutive Vice President & CFO | 840,000 |
| Frommer Richard N.Director | 333,372 |
| Thoresen ErikDirector | 220,760 |
Questions about PROP
What does Prairie Operating Co. do?
Prairie Operating Co. is a company in the Energy sector, listed on NASDAQ as PROP. Its shares trade on NASDAQ under the ticker PROP.
What is Prairie Operating Co.'s net worth?
Prairie Operating Co. has a market value (market cap) of $41.3M at the latest share price, and shareholders' equity of $223M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Prairie Operating Co. profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $44.7M on revenue of $342.2M.
How much revenue does Prairie Operating Co. make?
Over the twelve months to June 30, 2026 Prairie Operating Co. reported revenue of $342.2M.
When did Prairie Operating Co. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 14, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 2, 2026.
When is Prairie Operating Co.'s next earnings report?
Prairie Operating Co.'s next report is expected around November 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Prairie Operating Co. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.