Prairie Operating Co. Outlines 2026 Production Targets and Capital Expenditure Guidance
During the Q3 earnings call, Prairie Operating Co. (PROP) management provided key guidance regarding its long-term production and capital allocation strategies. CEO Gregory Patton emphasized the operational strength of the company's assets and the successful execution of its ongoing development program. The company has established a target average production range of 23,000 to 25,000 barrels of oil equivalent per day (BOE/d) for the year 2026. To support this growth trajectory, Prairie plans to maintain capital expenditures within a guided range of $180 million to $195 million.
Tickers: $PROP
Topics: earnings call operational performance quarterly results