Prairie Operating Co. (PROP) Moves 12.5% Higher: Will This Strength Last?

Prairie Operating Co. (PROP) shares soared 12.5% since Oct 3 to close at $9.73. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.2% gain over the past four weeks. The surge can be attributed to a favorable commodity price environment and Prairie's strong presence in the D-J Basin of the United States. The company owns 30,000 net acres in the D-J Basin. Recently, the company acquired assets from Nickel Road Operating, LLC, primar ...