{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-021309","form_type":"8-K","ticker":"PROP","cik":"0001162896","company_name":"Prairie Operating Co.","filed_at":"2026-05-14T20:18:42+00:00","discovered_at":"2026-05-14T20:20:00.231943+00:00","generated_at":"2026-05-14T20:46:51.684643+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Prairie Operating Q1 production 23,200 Boe/d; revenue $83.4M (+500% QoQ)","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-021309","json":"https://secwatch.observer/filing/0001140361-26-021309.json","markdown":"https://secwatch.observer/filing/0001140361-26-021309.md","text":"https://secwatch.observer/filing/0001140361-26-021309.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126021309/0001140361-26-021309-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126021309/ef20072808_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:46:51.684643+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":"c7546d2d6f1950deff3735eb811a12091e210918","claim":"Prairie Operating Co. reported first quarter ended March 31, 2026 results: revenue $83.4 million.","evidence_excerpt":"for the first quarter ended March 31, 2026. Recent Key Highlights • Total production of 2.1 MMBoe, or approximately 23,200 Boe/d, with 72% liquids (48% oil). • Total revenue of $83.4 million, an increase of over 500% quarter-over-quarter • Adjusted EBITDA (1) of $37.2 million, an increase of over 600% quarter-over-quarter. • Delivered strong operational execution,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162896/000114036126021309/0001140361-26-021309-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$83.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}