Prairie Operating Q1 FY26 net loss widens to $152.67 million; revenue rises to $83.42 million

Prairie Operating Co.

Prairie Operating Co.

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  • Prairie Operating posted a net loss attributable to common stockholders of USD 174.4 million, widening from USD 2.62 million a year earlier.
  • Revenue climbed to USD 83.42 million from USD 13.59 million, while average sales volumes rose to 23,182 Boe/d from 3,278 Boe/d.
  • Loss on derivatives widened to USD 177.06 million from USD 898,000, while loss on adjustment to fair value of embedded derivatives, debt, and warrants increased to USD 31.85 million from USD 2.16 million.
  • Adjusted EBITDA rose to USD 37.2 million from USD 5.2 million.
  • Blehm and Schneider pads, five wells each, came online in early April; Elder East and West pad, nine wells, expected to start producing toward end of May, while Opal Coalbank pad, eight wells, is expected to start producing toward beginning of third quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prairie Operating Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-021301), on May 14, 2026, and is solely responsible for the information contained therein.

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