Added to YB: 2024-02-08
Pitch date: 2024-02-07
PROP [bullish]
Prairie Operating Co.
-77.65%
current return
Author Info
No bio for this author
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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
$7.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.71
P/E
-0.83
EV/Sales
7.28
Sector
Oil, Gas and Consumable Fuels
Category
growth
Show full summary:
Prairie Operating Co.: Exploration And Production Of Oil, Natural Gas, And Natural Gas Liquids In The Denver-Julesburg (D-J) Basin
$PROP: No current production but 45K DJ Basin acres, 5B boe potential. Acquisitions add 70 drilling locations at $30 breakeven. $7.2M cash covers near-term burn. Chevron/Oxy nearby. 285 MMBoe possible reserves valued at $2.4B PV10. Upside if oil prices stay high.
Read full article (13 min)