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Prairie Operating Co. reports record 2025 revenue and production, with strong growth after Bayswater acquisition

Company Fundamentals
30 Mar 2026
GlobeNewsWire
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Bullish
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Prairie Operating Co. announced record financial and operational results for 2025, including total revenue of $241.6 million (approximately $315 million including Bayswater assets) and a 3,900% increase in production to 18,500 net Boe/d. Adjusted EBITDA reached $155.5 million, up over 975% year-over-year, reflecting successful integration of the Bayswater acquisition and expanded operations in the Denver-Julesburg Basin. The company ended 2025 with a production rate of approximately 28,000 net Boe/d and proved reserves of 121,119 MBoe, positioning it for continued growth with a 2026 production guidance of 25,500 to 27,500 Boe/d and planned capital expenditures of $200 to $220 million.

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