Prairie Operating Co. (NASDAQ:PROP) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its holdings in Prairie Operating Co. (NASDAQ:PROP) by 26.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 reporting period.

A number of other large investors also recently added to or reduced their stakes in PROP. State Street Corp boosted its stake in shares of Prairie Operating by 56.4% in the third quarter. State Street Corp now owns 62,041 shares of the company’s stock worth $543,000 after acquiring an additional 22,384 shares during the last quarter. Barclays PLC lifted its holdings 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 purchasing an additional 4,574 shares in the last quarter. Geode Capital Management LLC boosted its stake 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 during the last quarter. JPMorgan Chase & Co. boosted its stake in Prairie Operating by 163.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,966 shares of the company’s stock worth $61,000 after purchasing an additional 4,321 shares during the last quarter. Finally, Navigation Wealth Management Inc. purchased a new stake in shares of Prairie Operating during the fourth quarter worth $83,000. 34.28% of the stock is currently owned by institutional investors and hedge funds.

Prairie Operating Trading Up 0.4 %

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

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.