Prairie Operating Co.
Prairie Operating Co. (Nasdaq Capital Market: [ticker not specified in document]) is an independent oil and natural gas company engaged in the acquisition and development of crude oil, natural gas, and natural gas liquids. The company's operations are strategically concentrated in Weld County, Colorado, within the… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Prairie Operating Co. does
In the company’s own words
Prairie Operating Co. (Nasdaq Capital Market: [ticker not specified in document]) is an independent oil and natural gas company engaged in the acquisition and development of crude oil, natural gas, and natural gas liquids. The company's operations are strategically concentrated in Weld County, Colorado, within the Denver-Julesburg Basin, one of the premier resource plays in the United States. Weld County has historically produced approximately 83 percent of Colorado's oil output and is characterized by some of the lowest break-even prices in the nation, combined with a long production history demonstrating consistent results.
As of December 31, 2025, Prairie Operating's asset portfolio consists of two primary holdings: the Central Weld Assets, comprising approximately 45,000 net leasehold acres across roughly 56,200 gross acres with 177 gross proved undeveloped locations, and the Genesis Assets, encompassing approximately 23,000 net leasehold acres across approximately 42,000 gross acres. The Central Weld Assets were primarily acquired through three transactions: the October 2024 acquisition from Nickel Road Development and Nickel Road Operating, the March 2025 Bayswater Resources acquisition, and the July 2025 Edge Energy acquisition. The Genesis Assets were predominantly acquired in 2023 from Exok, Inc., with an additional acquisition completed in August 2025.
The company's business strategy emphasizes delivering growth through development of extensive drilling inventory, funding operations with free cash flow while maintaining conservative leverage, maximizing capital efficiency through advanced technology including three-dimensional seismic mapping and geo-steering, pursuing accretive acquisitions within the DJ Basin core area, and proactively managing regulatory, environmental, safety, and community matters. During 2025, the company turned 33 gross development wells to sales and maintained an active drilling program with additional wells in progress.
As of December 31, 2025, Prairie Operating's proved reserves totaled 121.1 million barrels of oil equivalent, with proved developed producing reserves of 66.4 million barrels of oil equivalent. The company's production during 2025 averaged approximately 18,487 barrels of oil equivalent per day, reflecting significant growth from prior year operations following the major acquisitions completed during the year.
Company details
- Sector
- Energy
- Industry
- Oil & Gas Extraction
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1162896
- SIC
- 1311
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Prairie Operating Co. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Prairie Operating Co.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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