secwatch.observer — SEC 8-K summary
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Issuer:     Prairie Operating Co. (PROP)
CIK:        0001162896
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001140361-25-042355
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162896/000114036125042355/0001140361-25-042355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162896/000114036125042355/ef20058153_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-042355

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer