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A major Prairie Operating shareholder bought over 1.3 million shares for $2M, boosting stake to 15.19M shares.
On December 16–18, 2025, Nominees Pty Ltd Atf Narrogal, a major shareholder of Prairie Operating (PROP), made multiple stock purchases totaling over 1.3 million shares at prices between $1.68 and $1.72, spending more than $2 million.
The transactions, disclosed in SEC filings, increased the shareholder’s stake to approximately 15.19 million shares, valued at $25.5 million.
The company, based in Houston, operates in U.S. oil and gas production, primarily in the Denver-Julesburg Basin and Niobrara and Codell formations.
PROP traded at $1.68 on December 18, with a market cap of $100.21 million and a negative P/E ratio.
Analysts have a mixed outlook, with a consensus "Hold" rating and a 12-month price target of $6.75.
Un importante accionista de Prairie Operating compró más de 1.3 millones de acciones por $2 millones, aumentando su participación a 15.19 millones de acciones.