Prairie Operating Co.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $78.1M
- Price
- $0.5288
- % Change (Daily % change from the live per-ticker quote feed.)
- -6.87%
- Volume
- 3.4M
About
Prairie Operating Co., headquartered in Oklahoma City, Oklahoma, is focused on developing energy resources to meet growing global demand while simultaneously prioritizing environmental protection. The organization adopted its current name, Prairie Operating Co., in May 2023, having previously operated under the name Creek Road Miners, Inc.
Quick stats
Shares outstanding97.7M
Computed float63.7M
Float / shares65.2%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001162896
Websitehttps://www.prairieopco.com
AI Summary
AI-generated1/35
majorbullishearnings
Prairie Operating Co. Announces Second Quarter 2026 Results
Prairie Operating Co. reported Q2 2026 revenue of $98.9 million, up 45% year-over-year, with net income attributable to common stockholders reaching $193.8 million.
Operational results showed quarterly production of 21,866 Boe/d, a 4% increase, while the company successfully drilled its first three-mile lateral and completed all wells below AFE.
Management updated full-year guidance, targeting average daily production of 23,000 to 25,000 Boe/d and Adjusted EBITDA of $180.0 to $190.0 million, while amending its credit facility to maintain covenant compliance.
Red flags
- Working capital deficit of approximately $125.5 million
- Negative natural gas revenue realized during the quarter due to low pricing and gathering fees
- Credit facility amendment required to modify Current Ratio covenant