Prairie Operating Co.

NasdaqCM:PROP Stock Report

Market Cap: US$70.7m

Prairie Operating Management

Management criteria checks 1/4

Prairie Operating's CEO is Greg Patton, appointed in Jun 2026, has a tenure of less than a year. total yearly compensation is $4.85M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $124.24K. The average tenure of the management team and the board of directors is 1.5 years and 3.2 years respectively.

Key information

Greg Patton

Chief executive officer

US$4.9m

Total compensation

CEO salary percentage11.33%
CEO tenureless than a year
CEO ownership0.2%
Management average tenure1.5yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

Narrative Update Jun 26

PROP: Reset Cash Flow Outlook Will Shape Future Upside Potential

Prairie Operating's analyst price target has been adjusted from $4.00 to $3.50, as analysts factor in a weaker Q1, a higher share count, hedges below their price deck, and updated assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent research on Prairie Operating highlights how analysts are recalibrating their models after a softer Q1, while still identifying potential upside drivers for the stock.
New Narrative Jun 15

DJ Basin Drilling And Refinancing Risks Will Test Long Inventory Potential

Catalysts About Prairie Operating Prairie Operating is an oil and gas company focused on developing liquids weighted assets in the DJ Basin. What are the underlying business or industry changes driving this perspective?
New Narrative Jun 01

High Liquids Production And Long Dated Hedges Will Support A More Resilient Outlook

Catalysts About Prairie Operating Prairie Operating is an exploration and production company focused on oil and gas development in the DJ Basin. What are the underlying business or industry changes driving this perspective?
New Narrative May 17

Liquids-Weighted DJ Basin Development And Hedging Strategy Will Support Stronger Future Earnings Profile

Catalysts About Prairie Operating Prairie Operating is an oil and gas exploration and production company with a focus on liquids-weighted development in the DJ Basin. What are the underlying business or industry changes driving this perspective?

CEO Compensation Analysis

How has Greg Patton's remuneration changed compared to Prairie Operating's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$142m

Dec 31 2025US$5mUS$550k

-US$61m

Compensation vs Market: Greg's total compensation ($USD4.85M) is above average for companies of similar size in the US market ($USD659.85K).

Compensation vs Earnings: Insufficient data to compare Greg's compensation with company performance.


CEO

Greg Patton (40 yo)

less than a year
Tenure
US$4,853,000
Compensation

Mr. Gregory S. Patton, also known as Greg, is Chief Executive Officer and Director at Prairie Operating Co., LLC from June 25, 2026 and served as Chief Financial Officer at Prairie Operating Co., LLC from...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Patton
CEO & Directorless than a yearUS$4.85m0.18%
$ 124.2k
Michael Shelly
Executive VP & CFOless than a yearno datano data
Bryan Freeman
Executive Vice President of Operations3.2yrsno data0.64%
$ 450.3k
Daniel Sweeney
Executive VP3yrsno data0.58%
$ 410.1k
Louis Basenese
Executive Vice President of Market Strategy1.5yrsno datano data
1.5yrs
Average Tenure
49yo
Average Age

Experienced Management: PROP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gregory Patton
CEO & Directorless than a yearUS$4.85m0.18%
$ 124.2k
Stephen Lee
Independent Director3.2yrsUS$427.73k0.024%
$ 17.3k
Richard Frommer
Director1.7yrsUS$427.73k0.21%
$ 148.7k
Erik Thoresen
Independent Chairman3.2yrsUS$427.73k0.041%
$ 29.1k
Jonathan Gray
Independent Director3.2yrsUS$427.73k0.84%
$ 597.5k
3.2yrs
Average Tenure
45yo
Average Age

Experienced Board: PROP's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 03:14
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Prairie Operating Co. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles MeadeJohnson Rice & Company, L.L.C.
Ryan ToddPiper Sandler Companies
Mark LearPiper Sandler Companies