Roth Capital Lowers Earnings Estimates for Prairie Operating

Key Points

• Roth Capital has lowered its Q1 2026 earnings per share estimate for Prairie Operating Co. to $0.70, down from a previous estimate of $0.78.
• The company's last quarterly earnings report showed a significant miss, with earnings of $0.18 per share compared to consensus estimates of $1.28.
• Piper Sandler recently downgraded Prairie Operating's stock from an "overweight" to a "neutral" rating, amidst increased scrutiny and various ratings changes by several research analysts.

Prairie Operating Co. (NASDAQ:PROP - Free Report) - Roth Capital reduced their Q1 2026 earnings per share estimates for Prairie Operating in a research note issued on Thursday, September 11th. Roth Capital analyst L. Mariani now expects that the company will post earnings of $0.70 per share for the quarter, down from their prior estimate of $0.78. Roth Capital currently has a "Buy" rating and a $8.00 target price on the stock. The consensus estimate for Prairie Operating's current full-year earnings is ($2.13) per share. Roth Capital also issued estimates for Prairie Operating's Q3 2026 earnings at $0.90 EPS, Q4 2026 earnings at $0.95 EPS and FY2026 earnings at $3.31 EPS.

Prairie Operating (NASDAQ:PROP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $1.28 by ($1.10). The firm had revenue of $68.10 million during the quarter, compared to analyst estimates of $125.50 million.

A number of other research analysts also recently commented on PROP. Piper Sandler downgraded Prairie Operating from an "overweight" rating to a "neutral" rating in a research note on Monday, August 18th. KeyCorp initiated coverage on Prairie Operating in a research note on Thursday, July 3rd. They issued a "sector weight" rating on the stock. Citigroup initiated coverage on Prairie Operating in a research note on Monday, June 2nd. They issued a "buy" rating and a $8.00 target price on the stock. Finally, Wall Street Zen upgraded Prairie Operating from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $8.50.

Prairie Operating Stock Performance

Shares of NASDAQ PROP opened at $2.12 on Monday. The business's 50-day moving average price is $3.02 and its two-hundred day moving average price is $3.98. The company has a debt-to-equity ratio of 4.13, a current ratio of 0.60 and a quick ratio of 0.58. Prairie Operating has a one year low of $2.01 and a one year high of $12.30. The company has a market capitalization of $106.59 million, a P/E ratio of -0.71 and a beta of 2.15.

Insider Buying and Selling at Prairie Operating

In other Prairie Operating news, Director Jonathan H. Gray acquired 218,917 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was acquired at an average price of $2.09 per share, with a total value of $457,536.53. Following the transaction, the director owned 466,254 shares of the company's stock, valued at approximately $974,470.86. This trade represents a 88.51% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders bought 442,480 shares of company stock worth $937,103. 15.44% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Prairie Operating

Several large investors have recently made changes to their positions in PROP. Bank of America Corp DE raised its holdings in Prairie Operating by 203.8% in the 2nd quarter. Bank of America Corp DE now owns 9,812 shares of the company's stock valued at $29,000 after acquiring an additional 6,582 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Prairie Operating by 411.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,740 shares of the company's stock valued at $32,000 after acquiring an additional 8,640 shares in the last quarter. State of Wyoming acquired a new position in Prairie Operating in the 2nd quarter valued at approximately $32,000. XTX Topco Ltd acquired a new position in Prairie Operating in the 2nd quarter valued at approximately $32,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in Prairie Operating in the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 34.28% of the company's stock.

Prairie Operating Company Profile

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of 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.

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