Prairie Operating shares surge 19.69% intraday after announcing management's participation in Piper Sandler energy conference to discuss vision and shareholder value.
ByAinvest
Monday, Mar 9, 2026 11:44 am ET1min read
PROP--
Prairie Operating surged 19.69% in intraday trading, with the company announcing its senior management team will attend the 26th Annual Energy Conference by Piper Sandler on March 16, 2026, for investor meetings to discuss its vision, capital allocation optimization, and long-term shareholder value delivery. The company also reported year-end 2025 proved reserves of approximately 121 million barrels of oil equivalent (including 60 million barrels of oil, 19.5 billion cubic feet of natural gas, and 29 million barrels of NGLs), with estimated pre-tax net cash flow of $2.414 billion and a PV-10 of $1.22 billion. Prairie Operating is an independent energy company focused on acquiring and developing crude oil, natural gas, and NGLs, with assets concentrated in the DJ Basin’s Niobrara and Codell formations, spanning approximately 76,000 net acres.
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