Prairie Operating is trading at $0.75, up 5.62% after reporting second-quarter earnings and revising 2026 guidance.
- Second-quarter revenue was $98.9 million, diluted EPS was $0.23, and production averaged 21,866 Boe/d.
- Management lowered 2026 production guidance to 23,000–25,000 Boe/d, reduced Adjusted EBITDA guidance to $180–$190 million, and amended credit-facility covenants.
- The gain followed a sharply weaker regular session, suggesting investors may be reacting to earnings details and liquidity measures.