Added to YB: 2025-10-06
Pitch date: 2025-08-17
PROP [bullish]
Prairie Operating Co.
-38.27%
current return
Author Info
No bio for this author
Company Info
Prairie Operating Co., an independent energy company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids in the United States.
Market Cap
$102.6M
Pitch Price
$2.77
Price Target
10.00 (+485%)
Dividend
N/A
EV/EBITDA
30.71
P/E
-0.83
EV/Sales
7.28
Sector
Oil, Gas and Consumable Fuels
Category
value
Prairie Operating Co. - $PROP
PROP: DJ Basin oil rollup, $600M acquisition lifts EBITDA from ~$0 to $360M by end-2025. Trading 2x EV/EBITDA due to dilutive $150M prefs creating potential 100%+ dilution if not repaid by Mar 2026. 7 insiders bought $700K stock May/June signaling confidence in pref buyback. If prefs cancelled, 3x EBITDA = $10/sh (~4x upside). Even with full dilution, limited downside at 2.2x EBITDA.
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