🔴 Prairie Operating is trading 10% down today after lowering full-year production and EBITDA guidance

Prairie Operating is trading 10.01% down now at $0.90 after its August 17, 2026, second-quarter report lowered full-year production guidance to 23,000–25,000 Boe/d and Adjusted EBITDA guidance to $180–$190 million.

• Revenue was $98.9 million, below the $108.22 million estimate; production averaged 21,866 Boe/d.
• The diluted EPS beat was helped by substantial non-cash derivative and liability-adjustment gains.
• Amended debt covenants added liquidity concerns.