Prairie Operating Q3: record production 23,029 boe/d, net loss $22.5M, adj EBITDA $56.3M

Prairie Operating Co.

2025-Q3 EPS reported -$1.66 revenue$158,638,000

Record production of 23,029 Boe/d (52% oil), up 10% QoQ; current rate ~27,000 Boe/d.
Revenue $77.7M; net loss $22.5M ($0.44 loss per share); adjusted EBITDA $56.3M (+45% QoQ).
Capital expenditures $69.6M; operating cash flow $57.7M.
Completed Bayswater acquisition transition; closed bolt-on deals adding 11 net drilling locations and 3,400 net acres.
Expanded hedging program securing commodity pricing through 2028.

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