10-Q · May 14, 2026
Prairie Operating Co. reported total revenues of $83.4 million for Q4 2026, significantly up from $13.6 million in Q4 2025, as total production notably increased. The company posted an EPS of $0.31, exceeding consensus…
Earnings analysis · 10-Q
PROP earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q extract does not include the income statement, balance sheet, cash flow statement, segment results, or MD&A financial outlook, so reported revenue, margins, EPS, free cash flow, and balance-sheet…
Read full summary
The supplied 10-Q extract does not include the income statement, balance sheet, cash flow statement, segment results, or MD&A financial outlook, so reported revenue, margins, EPS, free cash flow, and balance-sheet trends cannot be assessed from the filing text provided. The principal update is a material Nasdaq listing risk: the stock was below the $1.00 minimum bid requirement for 30 consecutive business days, with compliance required by December 29, 2026. Controls were deemed effective as of June 30, 2026, and management reported no material control changes during the quarter.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls deemed effective
Management concluded that disclosure controls and procedures were effective at a reasonable assurance level as of June 30, 2026.
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No material control changes
The filing states there were no changes in internal control over financial reporting during the three months ended June 30, 2026 that materially affected, or were reasonably likely to materially affect, those controls.
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No material legal or equity actions
The Company reported no material legal proceedings and no unregistered equity sales during the quarter ended June 30, 2026 that were not otherwise disclosed in a Form 8-K.
What to watch
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Nasdaq minimum bid deficiency
On July 2, 2026, Nasdaq notified the Company that its closing bid price had been below the $1.00 minimum for 30 consecutive business days. The Company must regain compliance by December 29, 2026, requiring a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.
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Accelerated delisting trigger
If the stock trades at or below $0.10 for 10 consecutive trading days, Nasdaq will immediately issue a delisting determination, suspend trading, and make the Company ineligible for the otherwise available compliance period.
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Limited extension requirements
The Company may qualify for an additional 180-day compliance period only if it meets Nasdaq’s market-value-of-publicly-held-shares and other initial listing standards and provides written notice of its intention to cure the deficiency.
Management's outlook
No quantitative revenue or EPS outlook is provided in the supplied 10-Q text; financial statements and MD&A outlook sections were not included.
Earlier filings 4
10-K · March 31, 2026
Prairie Operating Co. (PROP) delivered a transformative 2025 driven by large bolt‑on acquisitions (Bayswater, Edge, Summit/Crown) that lifted proved reserves to 121,119 MBoe and PV‑10 to $1,219,814k as of December 31,…
10-Q · May 15, 2025
Prairie Operating Co. reported total revenues of $13,590 (in thousands) for the three months ended March 31, 2025 (≈ $13.59M), producing operating income of $1,753 (in thousands) versus an $8,045 (in thousands)…
10-K · March 6, 2025
Prairie Operating Co. has repositioned from cryptocurrency mining to an upstream E&P strategy focused on the DJ Basin (Weld County), acquiring acreage and producing wells (Genesis, Central Weld, Exok) and pursuing…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.