Prairie Operating Co. (NASDAQ:PROP - Free Report) - Analysts at Singular Research issued their Q3 2024 earnings estimates for shares of Prairie Operating in a research note issued on Monday, October 7th. Singular Research analyst G. Sriharan forecasts that the company will post earnings of ($0.35) per share for the quarter. Singular Research currently has a "Moderate Buy" rating on the stock. The consensus estimate for Prairie Operating's current full-year earnings is $0.55 per share. Singular Research also issued estimates for Prairie Operating's Q4 2024 earnings at $0.11 EPS, FY2024 earnings at ($1.75) EPS, Q1 2025 earnings at $0.32 EPS, Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.83 EPS, Q4 2025 earnings at $0.80 EPS and FY2025 earnings at $2.44 EPS.
Prairie Operating (NASDAQ:PROP - Get Free Report) last announced its earnings results on Friday, August 9th. The company reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.38).
Prairie Operating Trading Down 2.5 %
Prairie Operating stock traded down $0.22 during mid-day trading on Wednesday, reaching $8.70. 89,662 shares of the company traded hands, compared to its average volume of 78,156. Prairie Operating has a fifty-two week low of $0.39 and a fifty-two week high of $18.50. The firm's fifty day moving average is $8.98 and its two-hundred day moving average is $10.81.
Institutional Trading of Prairie Operating
Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new stake in Prairie Operating during the second quarter worth about $208,000. Warberg Asset Management LLC purchased a new position in Prairie Operating in the second quarter valued at $127,000. Finally, Rhumbline Advisers purchased a new stake in shares of Prairie Operating during the 2nd quarter worth about $45,000. Hedge funds and other institutional investors own 34.28% of the company's stock.
Prairie Operating Company Profile
(
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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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