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Prairie Operating Co. Q3 revenue rises 31% to $129.5M with 21% higher sales volumes, but posts $34M net loss

Company Fundamentals
12 Nov 2026, 23:30 WIB
GlobeNewsWire
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Bullish
Prairie Operating Co. Q3 revenue rises 31% to $129.5M with 21% higher sales volumes, but posts $34M net loss

Prairie Operating Co. reported a 31% increase in third-quarter 2026 revenue to $129.5 million, driven by a 21% rise in sales volumes to 2.4 million Boe, with liquids making up 77% of production. Despite strong operational growth and a 92% jump in adjusted EBITDA to $65.3 million, the company posted a net loss of $34 million due to higher expenses and derivative losses. Production continued to grow, reaching an exit rate of 30,229 Boe/d in September and 32,287 Boe/d post-quarter. The company focuses on improving efficiency, managing costs, and refinancing efforts to strengthen its financial position and support future growth.

Prairie Operating Co. reported its third-quarter 2026 results. For readers following the Energy sector, here is Pluang's market snapshot as of Nov 13, 2026 04:21 WIB: Among 79 priced US Energy stocks, 52 rose and 27 fell. Notable movers include UEC at USD 6.84 with a 5.52% decline and a typical hold time of 43 days, RUN at USD 8.57 down 5.51% with a 16-day hold, and NXE at USD 7.87 down 5.41% with an 18-day hold time. Pluang order activity shows a majority sell sentiment for UEC and RUN.

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