Prairie Operating is trading 5.6% down at $0.94 after August 17, 2026, second-quarter results highlighted weaker-than-expected revenue and production.

  • Revenue reached $98.9 million, below the $108.22 million estimate; average production was 21,866 Boe/d.
  • Management lowered full-year production guidance to 23,000–25,000 Boe/d and Adjusted EBITDA guidance to $180–$190 million.
  • Diluted EPS beat estimates, but non-cash gains drove much of the result.