Rhumbline Advisers Purchases 36,738 Shares of Prairie Operating Co. (NASDAQ:PROP)

Rhumbline Advisers boosted its position in Prairie Operating Co. (NASDAQ:PROP) by 1,053.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 40,224 shares of the company’s stock after acquiring an additional 36,738 shares during the period. Rhumbline Advisers owned 0.18% of Prairie Operating worth $278,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Traynor Capital Management Inc. acquired a new stake in Prairie Operating in the 4th quarter valued at $146,000. Navigation Wealth Management Inc. bought a new stake in shares of Prairie Operating during the fourth quarter worth about $83,000. JPMorgan Chase & Co. raised its holdings in shares of Prairie Operating by 163.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,966 shares of the company’s stock worth $61,000 after acquiring an additional 4,321 shares during the last quarter. Barclays PLC lifted its position in Prairie Operating by 321.7% in the 3rd quarter. Barclays PLC now owns 5,996 shares of the company’s stock valued at $52,000 after acquiring an additional 4,574 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Prairie Operating by 16.5% during the 3rd quarter. Geode Capital Management LLC now owns 121,966 shares of the company’s stock worth $1,069,000 after purchasing an additional 17,290 shares in the last quarter. Institutional investors and hedge funds own 34.28% of the company’s stock.

Prairie Operating Stock Up 4.9 %

Shares of Prairie Operating stock opened at $7.13 on Monday. The company has a market cap of $187.15 million, a PE ratio of -2.38 and a beta of 2.09. Prairie Operating Co. has a 52 week low of $4.91 and a 52 week high of $16.08. The business has a 50 day moving average price of $7.77 and a 200-day moving average price of $8.26.

About Prairie Operating

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.