Presidio Production Company, an independent energy company, engages in the acquisition, development, exploration, and production of oil and natural gas properties in the United States. The company holds operated and non-operated proved developed producing wells that produce oil, natural gas, and natural gas liquids located throughout Texas, Oklahoma, and Kansas. It also provides field services, including compression, FLIR surveys, emissions reduction equipment, tubing scanning, and line locating services, with compression and FLIR surveys. The company is headquartered in Fort Worth, Texas.
Presidio Production Company Announces Second Quarter 2026 Results
Presidio reported second quarter revenue of $54.0 million and Adjusted EBITDA of $33.2 million, with net income attributable to the company of $14.4 million or $0.34 per share.
The company closed a $350 million investment-grade ABS refinancing at a 6.38% coupon, lowering its cost of capital by 184 basis points, and declared a quarterly dividend of $0.3375 per share.
Additionally, Presidio closed the acquisition of Canyon Creek assets funded by a $55 million draw under its ABS Warehouse Facility and appointed Jason Hudak as Chief Technology Officer to lead its AI platform development.