Prairie Operating Co. PROP

What this company does

Prairie Operating Co. is an independent oil and natural gas company focused on the acquisition and development of crude oil, natural gas and NGLs. Its assets and operations are located in the oil region of rural Weld County, Colorado, within the Denver-Julesburg Basin. As of December 31, 2025, its assets consisted of the Central Weld Assets, made up of approximately 45,000 net leasehold acres on and under approximately 56,200 gross acres, and the Genesis Assets, made up of approximately 23,000 net leasehold acres on and under approximately 42,000 gross acres. During the second half of 2025, two of its largest customers accounted for approximately 83% and 10% of its oil, natural gas and NGL revenues. As of December 31, 2025, the company employed 59 full-time employees. As of December 31, 2025, it leased office space in Houston, Texas, where its principal office is located, and in Denver and Greeley, Colorado.

Written from the business description in Prairie Operating Co.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.