Prairie Operating Co. (NASDAQ:PROP) Shares Acquired by Barclays PLC

Barclays PLC increased its stake in shares of Prairie Operating Co. (NASDAQ:PROP) by 321.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 5,996 shares of the company’s stock after acquiring an additional 4,574 shares during the period. Barclays PLC’s holdings in Prairie Operating were worth $52,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in shares of Prairie Operating by 16.5% in the third quarter. Geode Capital Management LLC now owns 121,966 shares of the company’s stock worth $1,069,000 after acquiring an additional 17,290 shares in the last quarter. State Street Corp raised its position in shares of Prairie Operating by 56.4% in the 3rd quarter. State Street Corp now owns 62,041 shares of the company’s stock valued at $543,000 after purchasing an additional 22,384 shares in the last quarter. Rhumbline Advisers purchased a new position in shares of Prairie Operating during the 2nd quarter valued at approximately $45,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Prairie Operating during the second quarter worth approximately $208,000. Hedge funds and other institutional investors own 34.28% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Singular Research raised shares of Prairie Operating to a “moderate buy” rating in a report on Monday, October 7th.

Prairie Operating Trading Up 9.3 %

Shares of NASDAQ PROP opened at $9.33 on Friday. The company has a market cap of $213.84 million, a price-to-earnings ratio of -3.11 and a beta of 1.95. The stock’s 50 day simple moving average is $7.61 and its 200 day simple moving average is $8.53. Prairie Operating Co. has a 12-month low of $4.91 and a 12-month high of $16.08.

Prairie Operating Profile

Prairie Operating Co, an independent energy company, engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. The company holds assets in the Denver-Julesburg Basin in Colorado; and the Niobrara and Codell formations. Prairie Operating Co is based in Houston Texas.