earnings
confidence high
sentiment positive
materiality 0.75
Prairie Operating Q1 production 23,200 Boe/d; revenue $83.4M (+500% QoQ)
Prairie Operating Co.
2026-Q1 EPS reported
-$2.16
revenue$83,417,000
- Total production 2.1 MMBoe (23,200 Boe/d); 72% liquids (48% oil).
- Revenue $83.4M, up >500% QoQ; Adjusted EBITDA $37.2M, up >600% QoQ.
- Recently drilled wells completed below AFE; hedging program extended through Q2 2029.
- Partial Series F Preferred refinancing in April reduced outstanding balance and warrant dilution.
item 2.02item 9.01