Jan. 13 at 4:36 PM
$PROP U.S. Energy Producer with Rising Operational Leverage 🛢️
Prairie Operating Co. is a U.S. oil & gas producer with a ~60,000 net acre position in the DJ Basin and ~26,000 MBoe of proved reserves.
🛠️ Latest Milestones
🔹Reported strong Q3 results on December 1st, including record adjusted EBITDA of
$56.3M, up 45% quarter over quarter
🔹Delivered record production of 23,029 Boe/d, representing approximately 10% QoQ growth
🔹Completed the Bayswater transition and closed two bolt-on acquisitions, significantly expanding its asset base
⚡ Key Catalysts to Watch
🔹 Continued production and cash flow momentum following record Q3 results
🔹 Upcoming operational updates as recently acquired assets are fully integrated
🔹 Rising investor focus on U.S. based, onshore energy producers amid ongoing global supply uncertainty
Communicated Disclaimer: https://stockresearchtoday.com/a-rare-small-cap-growth-play-in-the-u-s-energy-space/
Sector Peers:
$OXY $DVN $MRO $APA
