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Prairie Operating Co. EVP and CFO Patton Gregory Scott Buys 3000 Shares at $2.51/Share.
ByAinvest
Thursday, Aug 28, 2025 4:22 pm ET1min read
Prairie Operating Co. [PROP] has announced that Executive Vice President and Chief Financial Officer Patton Gregory Scott has acquired 3,000 shares of the company at a price of $2.51 per share on August 27, 2025.
Houston, TX – Executive Vice President and Chief Financial Officer Patton Gregory Scott of Prairie Operating Co. (PROP) has acquired 3,000 shares of the company at a price of $2.51 per share on August 27, 2025 [2].The acquisition, which totals $7,530, aligns with the company’s strategy of disciplined capital allocation and opportunistic consolidation, as highlighted in recent press releases [1]. This move underscores the confidence of the executive team in Prairie’s growth prospects and operational excellence.
Prairie Operating Co., an independent energy company focused on the Denver-Julesburg (DJ) Basin, has been rapidly expanding its asset base through strategic acquisitions. In August 2025, the company announced the closing of two bolt-on acquisitions, adding approximately 16,000 net acres and significant new inventory [2].
The acquisitions were sourced off-market and funded with existing working capital, demonstrating the company’s ability to execute its growth strategy without diluting shareholder value. This acquisition strategy is part of Prairie’s broader plan to scale production and maintain a high-quality, oil-weighted asset base.
The company has shown impressive growth metrics, with revenue up 400% quarter-over-quarter to $68.1 million and production up 540% to 21,000+ barrels per day [3]. The acquisition of 3,000 shares by Patton Gregory Scott further underscores the company’s commitment to shareholder value and its optimistic outlook for future performance.
References:
[1] https://www.marketscreener.com/news/prairie-operating-co-announces-closing-of-two-strategic-bolt-on-acquisitions-ce7c50dfd18df721
[2] https://www.globenewswire.com/news-release/2025/08/28/3140722/0/en/Prairie-Operating-Co-Announces-Closing-of-Two-Strategic-Bolt-On-Acquisitions.html
[3] https://www.marketscreener.com/news/ellis-martin-report-prairie-operating-co-nas-prop-scales-production-in-colorado-s-dj-basin-ce7c50dedb8bf02c
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