Presidio Production Company (FTW)
NYSE: FTW · Real-Time Price · USD
11.31
+0.09 (0.80%)
Aug 17, 2026, 4:00 PM EDT - Market closed
Presidio Production Company Earnings Call Transcripts
Fiscal Year 2026
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Net income reached $14.4 million and adjusted EBITDA $33.2 million, beating guidance by 11%. Production rose 2.3% via AI-driven optimization, and the Canyon Creek acquisition expanded the asset base. A $350 million ABS refinancing lowered capital costs, supporting future growth and dividends.
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First quarter results were impacted by non-recurring transaction and hedge costs, but guidance for Q2 and beyond is strong, with adjusted EBITDA expected at ~$30 million per quarter and a growing dividend. The company is executing a disciplined acquisition and optimization strategy, leveraging AI for operational gains.