secwatch.observer — SEC 8-K summary
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Issuer:     Prairie Operating Co. (PROP)
CIK:        0001162896
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001140361-26-012029
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prairie Operating 2025 revenue $241.6M (+3000% YoY); record production 18,500 Boe/d
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162896/000114036126012029/0001140361-26-012029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162896/000114036126012029/ef20068429_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-012029

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