---
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"
generated_at: "2026-05-14T20:46:51.684643+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Prairie Operating Q1 production 23,200 Boe/d; revenue $83.4M (+500% QoQ)

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-021309
- JSON: https://secwatch.observer/filing/0001140361-26-021309.json
- Plain text: https://secwatch.observer/filing/0001140361-26-021309.txt

## Key facts
- Earnings Releases
  Prairie Operating Co. reported first quarter ended March 31, 2026 results: revenue $83.4 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $83.4 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1162896/000114036126021309/0001140361-26-021309-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.