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Prairie Provident reports 2025 results with $14.1M net loss, improved production and reserves.

Company Fundamentals
31 Mar 2026
GlobeNewsWire
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Neutral
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Prairie Provident Resources announced its 2025 financial and operating results, reporting a net loss of $14.1 million, a $2.9 million improvement from 2024. The company averaged production of 2,367 boe/d with a 9% reduction in operating expenses per barrel. It raised $35.2 million through equity and preferred share financings and extended debt maturities. Reserves were evaluated at 24.3 million boe total proved plus probable, supporting a reserve life index of 28.1 years. The company plans to focus on well optimization and liability management in 2026 to maintain production and improve cash flow.

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