Short answer
Prairie Operating Co. (PROP) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $83M (up 513.8% year over year) with net income of −$153M.
Q1 2026 key financials · XBRL
- Revenue
- $83M
- +513.8% YoY
- Net income
- −$153M
- −5733.9% YoY
- EPS (diluted)
- −$2.16
- +38.1% YoY
Source: XBRL data from the Prairie Operating Co. (PROP) Q1 2026 10-Q on SEC EDGAR. USD.
Prairie Operating Co. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $83.4M, up $69.8M YoY, driven mainly by Bayswater Acquisition and new wells
- Adjusted EBITDA $37.2M vs $5.2M; net loss $152.7M vs $2.6M
- Oil revenue $67.8M, strongest line; natural gas $9.0M and NGL $6.6M
- Operating cash flow $42.3M vs $16.9M; cash balance $0.3M vs less than $0.1M
- Credit Facility repayments $60.5M, borrowings $56.0M; $113.5M availability at quarter-end
Risk Factors
- No new or materially changed risk factors reported versus the December 31, 2025 Form 10-K
- Carried-forward regulatory risk unchanged from the 10-K
- Carried-forward operational and competitive risks unchanged from the 10-K
- Carried-forward commodity-market risks unchanged from the 10-K
- Carried-forward liquidity and debt risks unchanged from the 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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