NasdaqCM:PROPOil and Gas
Prairie Operating (PROP) Sees US$35.7 Million Net Income Turnaround in Q2 2025 Earnings
Prairie Operating (PROP) recently announced its Q2 2025 earnings, reporting a significant turnaround with a net income of $35.7 million, compared to a net loss in the same quarter last year. Despite this positive financial performance and updated corporate guidance projecting robust production and net income for 2025, the company's stock saw a 24% decline over the past week. This move counteracted broader market trends, where major indexes hovered near record highs after two consecutive weeks...