{
  "id": 19816531,
  "title": "Earnings call transcript: Prairie Operating Co. tops revenue in Q3 2026",
  "url": "https://urgent.news/2026/11/13/earnings-call-transcript-prairie-operating-co-tops-revenue-in-q3-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T14:12:52.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-prairie-operating-co-tops-revenue-in-q3-2026-93CH-5025667"
  },
  "original_language": "en",
  "account": "Prairie Operating Co. reported stronger than expected third-quarter revenue of $129.5 million in Q3 2026, surpassing Wall Street's estimate of $96.87 million by $32.63 million, or 33.68%. The company's adjusted EBITDA rose 92% to $65.3 million, driven by higher production and lower unit costs. However, Prairie posted a net loss of $34 million, or 28 cents per diluted share, largely due to $105.7 million in unrealized derivative losses. Production climbed 19% from the previous quarter, with average daily sales volumes reaching 26,117 barrels of oil equivalent (BOE). The quarter featured a 31% revenue increase from the previous quarter and 97% year-over-year growth. While the revenue beat and operational improvements were positive, the company's bottom line remained weak, highlighting ongoing balance-sheet concerns. Prairie's shares rose 2.83% in premarket trading, trading at a deep discount to its 52-week high of $2.55. Analysts remain optimistic, with price targets ranging from $1 to $2, suggesting potential gains of 170% to 440% from current levels.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}