Equities Analysts Issue Forecasts for Prairie Operating Co.’s Q3 2024 Earnings (NASDAQ:PROP)

Prairie Operating Co. (NASDAQ:PROP) – Singular Research dropped their Q3 2024 earnings per share estimates for shares of Prairie Operating in a note issued to investors on Monday, July 1st. Singular Research analyst B. Cook now anticipates that the company will post earnings of $0.40 per share for the quarter, down from their prior estimate of $0.41. The consensus estimate for Prairie Operating’s current full-year earnings is $1.11 per share. Singular Research also issued estimates for Prairie Operating’s Q4 2024 earnings at $0.67 EPS, Q1 2025 earnings at $0.69 EPS, Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.85 EPS, Q4 2025 earnings at $0.92 EPS and FY2025 earnings at $3.26 EPS.

Prairie Operating Stock Performance

Shares of Prairie Operating stock opened at $9.73 on Wednesday. Prairie Operating has a 52-week low of $0.14 and a 52-week high of $18.50. The stock’s 50-day simple moving average is $12.34 and its 200 day simple moving average is $10.43.

Prairie Operating (NASDAQ:PROP) last announced its quarterly earnings data on Monday, May 13th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.72).

Insider Buying and Selling at Prairie Operating

In other Prairie Operating news, CFO Robert Craig Owen sold 5,127 shares of Prairie Operating stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $12.85, for a total transaction of $65,881.95. Following the completion of the transaction, the chief financial officer now owns 242,836 shares of the company’s stock, valued at approximately $3,120,442.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 34,169 shares of company stock valued at $385,224 in the last quarter. 42.00% of the stock is currently owned by corporate insiders.

About Prairie Operating

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.