Prairie dogs are burrowing rodents located throughout the United States. The black-tailed prairie dog is a common species that primarily inhabits the Great Plains region, with a large population in Texas. While these animals continue to thrive in many locations, there has been a significant reduction in numbers over the past one hundred years. Several conservation efforts have attempted to remedy this situation. The Black-tailed Prairie Dog Conservation and Management Plan is a long-term monitoring program between the Texas Parks and Wildlife Department and cooperating landowners. This plan’s purpose is to develop a strategy that conserves the species while simultaneously protecting property rights. One of the plan’s recommended methods for keeping populations at manageable levels is recreational hunting. This practice provides several landowner benefits, including species control and economic returns. The following study explores three land use scenarios related to implementing a prairie dog hunting operation. It provides a ten-year financial impact and risk assessment for a typical Texas Panhandle producer.