Bank of New York Mellon Corp Trims Stock Position in Prairie Operating Co. (NASDAQ:PROP)

Bank of New York Mellon Corp trimmed its position in Prairie Operating Co. (NASDAQ:PROP) by 26.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,288 shares of the company’s stock after selling 4,037 shares during the quarter. Bank of New York Mellon Corp’s holdings in Prairie Operating were worth $78,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Prairie Operating by 163.4% during the third quarter. JPMorgan Chase & Co. now owns 6,966 shares of the company’s stock valued at $61,000 after purchasing an additional 4,321 shares in the last quarter. Barclays PLC lifted its holdings in Prairie Operating by 321.7% during the 3rd quarter. Barclays PLC now owns 5,996 shares of the company’s stock valued at $52,000 after buying an additional 4,574 shares in the last quarter. Navigation Wealth Management Inc. bought a new position in Prairie Operating in the fourth quarter worth approximately $83,000. Geode Capital Management LLC grew 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 acquiring an additional 17,290 shares in the last quarter. Finally, Traynor Capital Management Inc. bought a new stake in Prairie Operating during the 4th quarter valued at $146,000. Institutional investors own 34.28% of the company’s stock.

Prairie Operating Stock Up 0.4 %

Shares of Prairie Operating stock opened at $5.72 on Monday. Prairie Operating Co. has a 52-week low of $4.50 and a 52-week high of $16.08. The firm’s 50 day moving average price is $7.50 and its 200-day moving average price is $7.99. The company has a market cap of $153.63 million, a P/E ratio of -1.91 and a beta of 2.09.

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.