earnings
confidence high
sentiment positive
materiality 0.85
Prairie Operating 2025 revenue $241.6M (+3000% YoY); record production 18,500 Boe/d
Prairie Operating Co.
- Revenue $241.6M ($315M incl. Bayswater), up ~3000% YoY; Adjusted EBITDA $155.5M ($220M incl.), up >975%.
- Yearly production avg. 18,500 Boe/d (24,000 incl. Bayswater), 50% oil/73% liquids; current rate ~28,000 Boe/d.
- Proved reserves 121,119 MBoe (43% PUD), PV-10 $1,219.8M; total 2025 production 6.75 MMBoe.
- Completed $602.75M Bayswater acquisition and six add-on acquisitions adding ~44,000 net acres.
- Expanded hedging program through 2029; extended Series F Preferred equity anniversary warrants.