PROP at a glance
Prairie Operating Co. (PROP, SEC CIK 1162896) filed its latest 10-K annual report on March 31, 2026, a 10-Q quarterly report on August 14, 2026, an 8-K current report on August 31, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Prairie Operating Co. (PROP) reported revenue of $241.6 million (up 2943.8% from FY2024) and net income of $32.1 million. Diluted EPS was -$1.35.
- As of June 30, 2026, 16 institutional investment managers tracked by SignalX reported holding Prairie Operating Co. (PROP) shares worth $5.8 million in 13F-HR filings.
- The most recent insider open-market purchase reported on Form 4 was by Frommer Richard N. on September 3, 2026 of 28,000 shares at $0.45 per share.
- In the last 90 days, PROP insiders reported 1 open-market purchase ($13K) and 0 open-market sales ($0) on Form 4, a net purchase of $13K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $241.6M
- +2943.8% vs prior year
- Insiders · 90 days
- 1 buy · 0 sells
- Net +$13K
- 13F holders
- 16 funds
- $5.8M · −3 vs prior quarter
- Latest 8-K
- Aug 31, 2026
- Item 3.03 · Item 1.01
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $98.9M, up 45% YoY from $68.1M, driven by higher realized prices and production
- Average realized price per Boe $49.68, up 40% YoY from $35.55
- Crude oil strongest line: sales $93.5M vs $57.9M; natural gas weakest at negative $4.3M vs $2.0M
- Capital expenditures $132.6M plus $12.4M accrued; 2026 guidance $185.0M–$195.0M
- Series F preferred stock repurchase: $19.0M cash consideration; derivative losses and commodity-price volatility remained headwinds
Risk Factors
- Newly added Nasdaq delisting risk triggered by July 2, 2026 Minimum Bid Price Notice
- Minimum bid price below $1.00 for 30 consecutive business days, requiring remediation by December 29, 2026
- Immediate suspension risk if shares trade at or below $0.10 for 10 consecutive trading days
- Delisting could reduce equity financing access, institutional investor participation, and stock liquidity
- Additional 180-day compliance period conditional on meeting Nasdaq market-value and initial-listing standards
AI summary of the PROP 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 3.03: Material Modification to Rights of Security Holders
- Item 3.03 contains only the filing certification and signature
- No material modification to security-holder rights is described
Item 1.01: Entry into a Material Definitive Agreement
- Anniversary Warrant issuance deadline extended from August 31, 2026 to December 1, 2026
- High Trail’s potential 3,000,000-share Second Penny Warrant also deferred to December 1, 2026
Item 2.02: Results of Operations and Financial Condition
- No earnings results or financial figures included in the provided Item 2.02 text
- Investor analysis requires the referenced earnings release or exhibit for fiscal-year 2026 results
Item EX-99.1: Item EX-99.1
- Q2 revenue $98.9M, up approximately 45% YoY, with production 21,866 Boe/d and 72% liquids
- Net income $109.0M, but common-stockholder earnings $193.8M included an $87.2M Series F remeasurement gain
Item 1.01: Entry into a Material Definitive Agreement
- Credit amendment lowers required current ratio to 0.50, 0.40, and 0.60 for quarters ending June, September, and December 2026
- New rolling three-month minimum hydrocarbon production covenant, first tested August 31, 2026
AI summaries of PROP 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PROP
Don't miss the next PROP filing
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- Fund moves. Which tracked funds opened, added or cut PROP, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Sweeney Daniel T. | A | Oct 1, 2026 | 1,000,000 | - |
| Freeman Bryan | A | Oct 1, 2026 | 1,440,000 | - |
| Freeman Bryan | A | Oct 1, 2026 | 960,000 | - |
| Sweeney Daniel T. | A | Oct 1, 2026 | 1,500,000 | - |
| Frommer Richard N. | Buy | Sep 3, 2026 | 28,000 | $0.45 |
| Shelly Michael James | A | Jul 23, 2026 | 560,000 | - |
| Thoresen Erik | A | Jul 21, 2026 | 100,000 | - |
| Shelly Michael James | A | Jul 21, 2026 | 840,000 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $7.9M | $241.6M |
| Operating Income | -$33.6M | -$26.5M | $65.6M |
| Net Income | -$79.1M | -$40.9M | $32.1M |
| Op. Margin | - | -334.0% | 27.1% |
| Net Margin | - | -515.3% | 13.3% |
| Balance Sheet | |||
| Total Assets | $45.7M | $156.6M | $944.5M |
| Equity | $40.2M | $52.8M | $130.2M |
| ROE | -196.8% | -77.5% | 24.6% |
| Per Share | |||
| EPS | $-16.51 | $-2.65 | $-1.35 |
| Cash Flow | |||
| Operating CF | - | -$9.3M | $153.9M |
| CapEx | $200K | - | - |
Source: XBRL data in Prairie Operating Co. (PROP)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PROP share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 16 | $5.8M |
| Q1 2026 | 19 | $12.5M |
| Q4 2025 | 19 | $8.4M |
| Q3 2025 | 18 | $8.4M |
| Q2 2025 | 15 | $11.0M |
| Q1 2025 | 10 | $10.9M |
| Q4 2024 | 6 | $4.2M |
| Q3 2024 | 4 | $980,000 |
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- Two Sigma Investments+54.2K (+57%)
- Bank of America Corp+52.0K (+38%)
- FMR LLC (Fidelity)+19.1K (+464%)
- BlackRock−1.16M (-57%)
- Goldman Sachs Group−503.6K (-96%)
- State Street Corp−256.5K (-45%)
- Morgan Stanley−86.4K (-19%)
- Northern Trust−64.9K (-27%)
- Millennium Management+525.9K
- Marex Group plc+250.2K
- Vanguard Portfolio Management LLC−199.0K
- BNY Mellon−82.5K
- Citadel Advisors LLC−55.8K
- T. Rowe Price Group−12.5K
- Atlantic Union Bankshares Corp−100
Source: 13F-HR filings on SEC EDGAR (aggregated from 107 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PROP filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Aug 31, 2026 | - | Analysis | - |
| 8-K | Aug 17, 2026 | - | Analysis | - |
| 8-K | Aug 17, 2026 | - | Analysis | - |
| 10-Q | Aug 14, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| SC 13G | Aug 4, 2026 | - | - | |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 4 | Jul 23, 2026 | - | - | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 8-K | Jul 9, 2026 | - | Analysis | - |
| 4 | Jun 25, 2026 | - | - | - |
| 8-K | Jun 25, 2026 | - | Analysis | - |
| 8-K | Jun 11, 2026 | - | Analysis | - |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 10-Q | May 14, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 14, 2026 | - | Analysis |
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PROP SEC filings: frequently asked questions
Are PROP insiders buying or selling?
In the last 90 days, Prairie Operating Co. (PROP) officers, directors and 10% owners reported 1 open-market purchase worth $12,600 by 1 insider and no open-market sales on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold PROP stock?
As of June 30, 2026, the largest Prairie Operating Co. (PROP) holders among the 13F filers tracked by SignalX were Vanguard Capital Management LLC ($2.0 million), AQR Capital Management ($1.7 million), BlackRock ($635,000), Millennium Management ($379,000), Morgan Stanley ($265,000). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PROP's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Prairie Operating Co. (PROP) reported revenue of $241.6 million (up 2943.8% from FY2024) and net income of $32.1 million. Diluted EPS was -$1.35. The figures come from the XBRL data in the 10-K.
What did PROP report in its latest 8-K?
Prairie Operating Co. (PROP) filed an 8-K on August 31, 2026 reporting Item 3.03 (Material Modification to Rights of Security Holders) and Item 1.01 (Entry into a Material Definitive Agreement). Item 3.03 contains only the filing certification and signature.
What are the latest PROP SEC filings?
Prairie Operating Co. (PROP) filed its latest 10-K annual report on March 31, 2026, a 10-Q quarterly report on August 14, 2026, an 8-K current report on August 31, 2026 and a Form 4 insider filing on October 2, 2026.
What is PROP's SEC CIK number?
Prairie Operating Co. (PROP)'s SEC Central Index Key (CIK) is 1162896. EDGAR lists every PROP filing under that number.
Ask anything about PROP
The research agent reads PROP's filings, financials, insider trades and 13F holders, then answers with sources.