Welcome to our dedicated page for Prairie Operating news (Ticker: PROP), a resource for investors and traders seeking the latest updates and insights on Prairie Operating stock.
Prairie Operating Co. (Nasdaq: PROP) is a Houston-based independent energy company focused on the development and acquisition of oil, natural gas, and natural gas liquids in the Denver‑Julesburg (DJ) Basin. This news page aggregates company‑specific announcements, giving readers direct access to Prairie’s own descriptions of its operations, strategy, and financial performance.
Visitors can review earnings press releases in which Prairie reports quarterly financial and operating results, including production levels, revenue composition, and the use of non‑GAAP measures such as Adjusted EBITDA as described by the company. These releases often include commentary from management on development progress, integration of acquired assets, and updates on the company’s hedging program and capital resources.
The news feed also features operations updates that detail activity across key DJ Basin pads such as Opal/Coalbank, Rusch, Noble, and Simpson. In these updates, Prairie outlines drilling and completion milestones, initial production performance for new wells, and asset optimization efforts such as workover programs and plunger lift installations.
In addition, readers will find transaction and financing announcements, including disclosures about bolt‑on acquisitions that add net acres, producing wells, and drilling inventory, as well as information on the reaffirmation of the company’s reserve‑based lending facility and other capital markets activity described by Prairie. By following this page, investors and observers can see how the company publicly characterizes its DJ Basin footprint, growth plans, and risk management practices over time.
Prairie Operating Co. (Nasdaq: PROP) reported 2025 results showing transformative growth: $241.6M total revenue (approximately $315.0M including Bayswater), Adjusted EBITDA $155.5M (≈$220.0M incl. Bayswater), and record production of 6.75 MMBoe (≈73% liquids).
Proved reserves totaled 121,119 MBoe with PV-10 of $1,219.8M. The company closed the $602.75M Bayswater acquisition, exited 2025 at ~28,000 Boe/d, and set 2026 guidance including Adjusted EBITDA of $240–$260M.
Prairie Operating Co. (Nasdaq: PROP) will release its fiscal year 2025 financial and operating results after market close on March 30, 2026 and will host a conference call and webcast on March 31, 2026 at 8:30 AM ET to review results and recent developments.
Telephone registration, Guest dial-in numbers, a Call Me™ link, and a two‑week archived replay will be available on the company's Events & Presentations page.
Prairie Operating Co. (Nasdaq: PROP) announced that the holder of its Series F convertible preferred stock agreed to extend the anniversary warrant issuance date from March 26, 2026 to April 7, 2026.
The extension is to allow additional time for negotiations while the parties continue discussions; the company cautioned there is no assurance these talks will produce a definitive agreement or any outcome.
Prairie Operating Co. (Nasdaq: PROP) announced senior management will attend the 38th Annual ROTH Conference March 22–24, 2026 at The Ritz-Carlton, Laguna Niguel in Dana Point, CA.
The company said Interim CEO Rich Frommer and CFO Greg Patton will hold one-on-one investor meetings on March 23 and 24.
Meetings can be scheduled via the ROTH conference portal or a ROTH representative. The event will not be webcast. Prairie reiterated focus on disciplined capital allocation, optimizing capital structure, and delivering sustainable long-term shareholder value.
Prairie Operating Co. (Nasdaq: PROP) will release its fourth quarter and fiscal year 2025 financial and operating results after market close on March 31, 2026. The company will host a conference call and webcast April 1, 2026 at 8:30 AM ET (7:30 AM CT) to review results and recent developments.
Telephone participants must register in advance; the webcast will be available on Prairie’s Events & Presentations page. A replay will be archived on the company website for two weeks following the call.
Prairie Operating Co. (Nasdaq: PROP) announced that senior management will participate in Piper Sandler’s 26th Annual Energy Conference on March 16, 2026.
Interim CEO Rich Frommer and EVP/CFO Greg Patton will hold one-on-one investor meetings; the sessions will not be webcast. Management emphasized disciplined capital allocation, capital structure optimization, and focus on financial strength and operational execution to pursue sustainable long-term shareholder value.
Prairie Operating Co. (Nasdaq: PROP) reported year-end 2025 proved reserves of approximately 121 MMBoe with a PV-10 of $1,220 million (SEC pricing) and estimated future net cash flows before federal taxes of $2,414 million.
The company reported exit rate production of ~28,000 Boe/d, 60 MMBbl oil, 195 Bcf gas, 29 MMBbl NGLs, with 68 MMBoe proved developed and 53 MMBoe proved undeveloped (effective date Dec 31, 2025).
Prairie Operating Co. (Nasdaq: PROP) announced leadership changes on March 3, 2026, including the voluntary resignation of CEO and Chairman Edward Kovalik and the retirement of President Gary C. Hanna.
The Board appointed Richard N. Frommer as Interim President and CEO and Erik Thoresen as Chairman while a search for a permanent CEO proceeds.
The company said it has entered into separation agreements with Kovalik and Hanna and intends to retain a leading executive search firm to consider internal and external candidates.
Prairie Operating Co. (Nasdaq: PROP) reported third-quarter 2025 results on November 14, 2025 with key operational and financial gains.
Highlights include $77.7 million total revenue (≈15% quarter-over-quarter increase), record Adjusted EBITDA $56.3 million (up >45% QoQ), quarterly production of 23,029 Boe/d (≈52% oil) and a current production rate of ~27,000 net Boe/d. The company incurred a $69.6 million capex in the quarter and reported a $22.5 million net loss attributable to common stockholders. Liquidity stood at $68.6 million, and full-year 2025 guidance was reaffirmed.
Prairie Operating Co (Nasdaq: PROP) will release its third quarter 2025 financial and operating results after market close on Friday, November 14, 2025.
The company will host a conference call and webcast on Monday, November 17, 2025 at 9:00 AM ET (8:00 AM CT) to review results and recent developments. Telephone participants may register in advance and join in listen-only mode; a Call Me™ option becomes active 15 minutes before the call. Analyst and investor dial-in numbers: 877-407-9219 or +1 412-652-1274. The live webcast is available from Prairie's Press & Media page at https://www.prairieopco.com/media. A replay of the webcast will be archived on the company website for two weeks following the call.