Workflow
Prairie Operating Co. (PROP) Stock Jumps 10.4%: Will It Continue to Soar?
PROPPrairie Operating(PROP) ZACKS·2025-01-22 13:35

Company Overview - Prairie Operating Co. (PROP) shares increased by 10.4% to 8.29inthelasttradingsession,withahigherthanaveragetradingvolume[1]Thestockhasgained8.88.29 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 8.8% over the past four weeks [1] Financial Guidance - The company projects a 300% year-over-year production growth for 2025 [2] - Prairie plans to drill and complete 25–28 wells in 2025, with expected daily output between 7,000 and 8,000 barrels of oil equivalent per day (BOEPD) [2] - Executives highlighted an aggressive acquisition strategy to drive growth and scale operations [2] Earnings Expectations - Prairie Operating Co. is expected to report quarterly earnings of 0.11 per share, reflecting a year-over-year increase of 115.5% [3] - Revenue is anticipated to be 19.2million,asignificantincreaseof2009.919.2 million, a significant increase of 2009.9% from the same quarter last year [3] Stock Performance and Estimates - The consensus EPS estimate for the upcoming quarter has remained unchanged over the last 30 days [4] - The stock's price typically does not continue to rise without trends in earnings estimate revisions [4] - Prairie Operating Co. currently holds a Zacks Rank of 3 (Hold) [4] Industry Comparison - Prairie Operating Co. belongs to the Zacks Oil and Gas - Integrated - United States industry [4] - Another company in the same industry, National Fuel Gas (NFG), saw a 2.2% increase in its stock price, closing at 69.77, with a 13.1% return over the past month [4]