20-Feb-2026
ACCESS Newswire (Fri, 23-Jan 2:51 PM ET)
Prairie Operating Co. Sees 7.5% Drop in Premarket Trading
Market Chameleon (Fri, 7-Feb 3:37 AM ET)
Prairie Operating Co is a Houston-based 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 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.
Prairie Operating Co. trades on the NASDAQ stock market under the symbol PROP.
As of February 20, 2026, PROP stock price declined to $1.88 with 2,513,177 million shares trading.
PROP has a beta of 1.83, meaning it tends to be more sensitive to market movements. PROP has a correlation of 0.15 to the broad based SPY ETF.
PROP has a market cap of $112.14 million. This is considered a Micro Cap stock.
Last quarter Prairie Operating Co. reported $78 million in Revenue and -$.44 earnings per share. This fell short of revenue expectation by $-7 million and missed earnings estimates by -$1.03.
The top ETF exchange traded funds that PROP belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.
PROP has underperformed the market in the last year with a return of -78.4%, while SPY returned +14.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PROP shares. However, PROP has outperformed the market in the last 3 month and 2 week periods, returning +12.6% and +3.3%, while SPY returned +6.0% and -0.2%, respectively. This indicates PROP has been having a stronger performance recently.
PROP support price is $1.88 and resistance is $2.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PROP shares will trade within this expected range on the day.