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Prairie Operating Co. Reports Third Quarter 2026 Financial and Operational Results

Prairie Operating Co. reported third-quarter 2026 revenue of $129.5 million, representing a 31% increase from the previous quarter. The company generated $65.3 million in Adjusted EBITDA, a 92% increase, while sales volumes reached 2,403 MBoe, or 26,117 Boe/d. Net loss for the period was $34.0 million, or $0.26 per basic share. Operational efficiency improved, with lease operating expenses declining 17% to $5.71 per Boe. The company also reported a September exit rate production of approximately 30,229 Boe/d.

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