earnings
confidence high
sentiment positive
materiality 0.75
Prairie Operating Q2 2026 revenue up 45% YoY to $98.9M; net income $193.8M
Prairie Operating Co.
2026-Q2 EPS reported
-$0.41
revenue$182,276,000
- Q2 2026 revenue $98.9M, up ~45% YoY; production 2.0 MMBoe (~21,866 Boe/d), 72% liquids (50% oil).
- Net income attributable to common stockholders $193.8M; $1.75 basic EPS, $0.23 diluted EPS.
- Adjusted EBITDA $34.0M in Q2; YTD $71.1M, up 65% YoY; YTD revenue $182.3M, up 125% YoY.
- August daily production ~27,000 Boe/d; wells drilled below AFE; hedging program through Q2 2029.
- April partial refinancing of Series F Preferred reduced balance, lowered warrant dilution; Anniversary warrant date extended to Aug 31, 2026.