For the quarter ending 2026-03-31, PROP made $83,417K in revenue. -$174,397K in net income. Net profit margin of -209.07%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 83,417 | 82,237 | 77,721 | 68,100 |
| Ad valorem and production taxes | - | - | - | 6,416 |
| Lease operating expenses | 14,841 | 12,680 | 15,371 | 11,348 |
| Transportation and processing expenses | 2,496 | 2,310* | 2,200 | - |
| Ad valorem and production taxes | 6,792 | 12,998* | 4,676 | - |
| Depreciation, depletion, and amortization | 15,844 | 18,563 | 16,037 | 12,199 |
| Accretion of asset retirement obligation | - | 99 | 76 | 66 |
| Exploration expenses | 298 | 547 | 40 | 458 |
| Abandonment and impairment of unproved properties | 412 | 852* | - | - |
| Gathering, transportation, and processing expenses | - | - | - | 2,234 |
| General and administrative expenses | 16,886 | 16,347 | 12,273 | 16,443 |
| Total operating expenses | 57,569 | 64,396 | 50,673 | 49,164 |
| Income (loss) from operations | - | 17,841 | 27,048 | 18,936 |
| Interest expense | 8,197 | 8,980 | 9,039 | 9,124 |
| Realized gain on derivatives | - | - | 8,012 | 4,944 |
| Unrealized gain on derivatives | - | - | 962 | 23,206 |
| Loss on derivatives, net | -177,060 | -4,287* | - | - |
| Gain on adjustment to fair value embedded derivatives, debt, and warrants | -31,851 | 14,401* | -25,914 | - |
| Loss on issuance of debt | - | 0* | 0 | - |
| Loss on adjustment to fair value embedded derivatives, debt, and warrants | - | - | - | -2,373 |
| Interest income and other | 193 | 377 | 218 | 94 |
| Total other expenses | -216,915 | 1,511 | -25,761 | 16,747 |
| Loss from operations before income taxes | -191,067 | 19,352 | 1,287 | 35,683 |
| Income tax benefit | -38,394 | 21,654 | 0 | 0 |
| Net income (gain) from continuing operations | - | -2,302 | 1,287 | 35,683 |
| Loss from discontinued operations, net of taxes | - | 0 | 0 | 0 |
| Net loss from discontinued operations | - | 0 | 0 | 0 |
| Net gain attributable to prairie operating co | -152,673 | -2,302 | 1,287 | 35,683 |
| Remeasurement of series f preferred stock | - | - | - | -17,511 |
| Series f preferred stock declared dividends | 3,670 | -1,487* | 4,252 | - |
| Series f preferred stock undeclared dividends | 966 | -227* | -443 | 1,402 |
| Series f preferred stock declared dividends | - | - | - | 3,289 |
| Remeasurement of series f preferred stock | 17,088 | -7,162* | 19,986 | - |
| Net gain attributable to prairie operating co. common stockholders | -174,397 | 6,575 | -22,508 | 48,500 |
| Basic EPS | -2.16 | 0.145 | -0.44 | 1.04 |
| Diluted EPS | -2.16 | 0.165 | -0.44 | 0.18 |
| Basic Average Shares | 80,585,148 | 45,232,756* | 50,624,457 | 44,063,281 |
| Diluted Average Shares | 80,585,148 | 39,841,055 | 50,624,457 | - |
Prairie Operating Co. (PROP)
Prairie Operating Co. (PROP)