Presidio Production Reports Q2 2026 Net Income of $15.5M, Announces $1B Goldman Sachs Facility
FTW sits 19% above its 52-week low of $9.5.
Summary
Presidio Production reported Q2 2026 net income of $15.5 million and disclosed a new $1.0 billion Goldman Sachs facility and a $53.1 million acquisition in subsequent events.
Key Events · Earnings and Guidance · FTW
-
Q2 2026 Net Income
Net income of $15.5 million for the three months ended June 30, 2026 (Successor), compared to $24.5 million in the prior-year quarter (Predecessor).
-
Cash and Debt Position
Cash and cash equivalents of $42.3 million and total debt of $343.1 million as of June 30, 2026.
-
Goldman Sachs Warehouse Facility
Subsequent event: entered into a $1.0 billion senior secured warehouse credit facility with Goldman Sachs Bank USA on July 1, 2026.
-
Oklahoma Acquisition
Subsequent event: completed acquisition of Oklahoma oil and gas properties for approximately $53.1 million in cash and 1,962,240 shares of Class A common stock.
Analysis · FTW · Energy & Transportation
Presidio Production Company reported Q2 2026 net income of $15.5 million, a decline from $24.5 million in the prior-year quarter, but the quarter included a $24.8 million gain on commodity derivatives. The company ended the quarter with $42.3 million in cash and $343.1 million in total debt. Subsequent events disclosed in the filing include a new $1.0 billion Goldman Sachs warehouse facility, a $53.1 million acquisition of Oklahoma oil and gas properties, a quarterly dividend of $0.3375 per share, and a reduction in the Citizens RBL borrowing base to $60 million. These developments are material to the company's liquidity and growth strategy.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FTW was trading at $11.32 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $356.4M. The 52-week trading range was $9.50 to $17.20. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.