secwatch.observer — SEC 8-K summary
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Issuer:     Prairie Operating Co. (PROP)
CIK:        0001162896
Form:       8-K
Filed at:   2026-08-17T10:31:00+00:00
Accession:  0001140361-26-033259
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prairie Operating Q2 2026 revenue up 45% YoY to $98.9M; net income $193.8M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1162896/000114036126033259/0001140361-26-033259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1162896/000114036126033259/ef20079578_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-033259

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