Prairie Operating Co. PROP

$PROP. EPS is $1.04. Not sure where the $0.18 EPS came from. Got to be an error? See the highlights posted from Morningstar: RECENT KEY HIGHLIGHTS

Total revenue of $68.1 million, an increase of approximately 400% quarter-over-quarter.
Record total production of 21,052 barrels of oil equivalent per day (“Boe/d”) (approximately 50% oil), an increase of approximately 540% quarter-over-quarter.
Net income attributable to common stockholders of $48.5 million, or $1.04 basic earnings per share.
Adjusted EBITDA(1) of $38.6 million, an increase of over 600% quarter-over-quarter.
Acquired over $600.0 million of producing oil and gas assets.
Initiated hedging program, securing favorable commodity pricing through 2028.
Amended our Credit Facility Agreement with Citibank, which among other things, brought additional banks into the syndicate, and re-affirmed the borrowing base to $475.0 million.

$PROP Bottom line is you have a company with a market cap of less than $150MM that has positive earnings per share of $1.04 for a quarter!! That is absurd. This company is so far undervalued it is criminal. The CEO is 100% correct in that it should be valued in the $9 to $10 range today and should correct way higher than that once they get all the wells online and continue their expansion phase.

$PROP Let’s get this thing moving up in the right direction. Dirt cheap. Can’t wait for earnings so that people will wake up to the value here. Stock price should be in double digits.

$PROP. Zacks Research sucks. $PROP is a way better company than $WTI. More revenue, more profitable, growing faster, better hedged. Don’t get why Zacks changed their tune on $PROP so abruptly.

$PROP this drop is way overdone. You have a $700MM + market cap company that is trading for $140MM. A wee bit undervalued.

$PROP. All oil stocks have been killed over the past two days. Not just this one. Oil is now apparently worthless because traders believe everyone is going to be best of friends in the Middle East. The lack of logic in the stock market is frustrating. Keep buying the tech stuff already trading at all time highs with triple digit PE ratios I guess. Makes perfect sense.

$PROP Almost at 52 week low ?. Either company insiders along with every analyst that has looked deeply into this stock are idiots, or this should be eventually moving significantly higher.

$PROP anyone have a clue why this is down over 8% today?

$PROP. What is wrong with this stock? How can an oil company stock not go up when the price of oil is going up significantly? I don’t get it.

$PROP Not sure what is holding this stock price back. Should be doubling or tripling by now with how well positioned this company is. Irrationally dirt cheap. Oil prices skyrocketing make it even more stupid cheap.