09:26 AM EST, 01/15/2025 (MT Newswires) -- (Updates with additional guidance in the fourth and fifth paragraphs.)

Prairie Operating ( PROP ) said Wednesday that it expects 2025 net income of between $68.9 million and $101.7 million.

One analyst polled by FactSet expects $75.8 million.

Adjusted earnings before interest, taxes, depreciation, and amortization are expected between $100 million and $140 million, the company said.

The Houston-based energy company also said it expects average daily production of 7,000 to 8,000 barrels of oil equivalent per day in 2025, up 300% compared with 2024.

Prairie said it plans to drill and complete between 25 and 28 wells in 2025.

Shares of Prairie Operating ( PROP ) were up 10% in recent Wednesday premarket activity.