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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 83,417 $ 13,590
Operating expenses:    
Lease operating expenses 14,841 2,012
Transportation and processing expenses 2,496 907
Ad valorem and production taxes 6,792 957
Depreciation, depletion, and amortization 15,844 2,123
Exploration expenses 298 287
Abandonment and impairment of unproved properties 412 0
General and administrative expenses 16,886 5,551
Total operating expenses 57,569 11,837
Other (expenses) income:    
Interest expense (8,197) (1,378)
Loss on derivatives, net (177,060) (898)
Loss on adjustment to fair value – embedded derivatives, debt, and warrants (31,851) (2,164)
Interest income and other 193 70
Total other expenses (216,915) (4,370)
Loss from operations before income taxes (191,067) (2,617)
Income tax benefit 38,394 0
Net loss attributable to Prairie Operating Co. (152,673) (2,617)
Series F preferred stock declared dividends (3,670) 0
Series F preferred stock undeclared dividends (966) (245)
Remeasurement of Series F preferred stock (17,088) (90,612)
Net loss attributable to Prairie Operating Co. common stockholders $ (174,397) $ (93,474)
Loss per common share:    
Loss per share, basic (in Dollars per share) $ (2.16) $ (3.49)
Loss per share, diluted (in Dollars per share) $ (2.16) $ (3.49)
Weighted average common shares outstanding, basic (in Shares) 80,585,148 26,796,704
Weighted average common shares outstanding, diluted (in Shares) 80,585,148 26,796,704
Crude Oil Sales [Member]    
Revenues:    
Total revenues $ 67,838 $ 10,788
Natural Gas Sales [Member]    
Revenues:    
Total revenues 8,956 1,223
NGL Sales [Member]    
Revenues:    
Total revenues $ 6,623 $ 1,579