Prairie Operating Q2 2024 Earnings Report

Prairie Operating EPS Results

• Actual EPS: -$0.71
• Consensus EPS: -$0.33
• Beat/Miss: Missed by -$0.38
• One Year Ago EPS: N/A

Prairie Operating Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Prairie Operating Announcement Details

• Quarter: Q2 2024
• Date: 8/9/2024
• Time: N/A
• Conference Call Date: Thursday, August 8, 2024
• Conference Call Time: 6:00PM ET

Prairie Operating (NASDAQ:PROP) (NASDAQ: PROP) is a publicly traded independent exploration and production company focused on the acquisition, development and operation of onshore oil and natural gas properties in the United States. The firm seeks to identify and capitalize on undervalued or overlooked assets, applying a disciplined approach to drilling, completion and production optimization. By concentrating on core resource plays, Prairie Operating aims to deliver steady production growth and free cash flow.

The company’s asset base is concentrated in the Permian Basin region of West Texas and southeastern New Mexico, where it holds working interests in both conventional and unconventional reservoirs. Activity centers on horizontal drilling and multi-stage fracturing programs designed to enhance well productivity. Prairie Operating also negotiates midstream gathering and transportation agreements to ensure reliable takeaway capacity and to optimize netback on produced hydrocarbons.

Headquartered in Texas, Prairie Operating is led by a management team with extensive experience in upstream operations and capital markets. The company emphasizes capital efficiency, operational discipline and adherence to environmental, social and governance standards. Through a combination of technical expertise, cost control measures and a focus on high-return drilling locations, Prairie Operating seeks to create long-term value for its shareholders.