FILING ANALYSIS · THURSDAY, NOVEMBER 12
Prairie Operating Co. PROP — 8-K: Results of Operations and Financial Condition
neutral
Prairie Operating Co. reported a 31% increase in revenue and a 92% increase in Adjusted EBITDA from the prior quarter, driven by a 21% increase in sales volumes, but also reported a net loss of $34.0 million. The company's focus on improving well performance and operating efficiency is reflected in the 17% decrease in lease operating expense per Boe.
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