{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-012029","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.629489+00:00","generated_at":"2026-05-15T08:20:43.416055+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Prairie Operating 2025 revenue $241.6M (+3000% YoY); record production 18,500 Boe/d","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-012029","json":"https://secwatch.observer/filing/0001140361-26-012029.json","markdown":"https://secwatch.observer/filing/0001140361-26-012029.md","text":"https://secwatch.observer/filing/0001140361-26-012029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126012029/0001140361-26-012029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126012029/ef20068429_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:20:43.416055+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bda2aa4b6f852beeca99dbfbd85815b03566046a","claim":"Prairie Operating Co. reported the year ended December 31, 2025 results: revenue $241.6 million.","evidence_excerpt":"filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ef20068429_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Prairie Operating Co. Announces Year End 2025 Results • 2025 total revenue of $241.6 million (approximately $315.0 million including Bayswater), an increase of approximately 3,000% year-over-year • Record Adjusted EBITDA (1) of $155.5 million (approximately $220.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126012029/0001140361-26-012029-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2025"},{"label":"Revenue","value":"$241.6 million"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}