FTW PRESIDIO PRODUCTION Co

BULLISH Impact: 6/10 8-K
Horizon months Filed May 14, 2026 Processed 1mo ago SEC 0001213900-26-056205
8-K Item 1.01 + 5.02 (likely routine officer/director compensation agreement)

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Executive Summary

Presidio Production Company (FTW) entered into purchase and sale agreements to acquire oil and gas properties in Oklahoma for a total consideration of $60 million in cash and 2,173,913 shares of common stock, with an aggregate value of approximately $83 million. The three largest acquisitions (Canyon Creek, Alchemist, Pivotal) account for ~$81 million of the total. The transaction is expected to close early in Q3 2026.

Key Financial Metrics

Deal Value
$83.0M

Actionable Insight

This bolt-on acquisition expands Presidio's Oklahoma asset base at a reasonable cost. Monitor Q3 2026 closing and any subsequent production/reserve updates. The share consideration (~2.17M shares) will dilute existing holders modestly, but the cash component ($60M) suggests the company is deploying capital for growth. Watch for the registration statement filing for the Canyon Creek and Alchemist shares.

Key Facts

  • Total consideration: $60 million cash + 2,173,913 shares of common stock, valued at approximately $83 million.
  • Largest components: Canyon Creek ($19.986M cash + 1,166,627 shares), Alchemist ($25.395M cash + 920,109 shares), Pivotal ($13.125M cash).
  • Acquired assets include oil and gas leases, mineral interests, and overriding royalty interests in Oklahoma properties.
  • Closing expected early Q3 2026, subject to customary conditions.
  • Registration rights agreements will be entered into with Canyon Creek and Alchemist for resale of shares issued as consideration.

Financial Impact

Approximately $83 million total deal value, with $60 million in cash and 2,173,913 shares of common stock. The three largest acquisitions represent ~$81 million of the total.

cashcommon stock outstandingoil and gas reserves

Risk Factors

  • Closing is subject to customary conditions and may not be completed.
  • Share dilution from the 2,173,913 shares issued as consideration.
  • Integration and operational risks associated with the acquired properties.
  • Potential for purchase price adjustments and customary closing adjustments.

Market Snapshot

Exchange
NYSE
Sector
Crude Petroleum & Natural Gas

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001213900-26-056205
Document: 0001213900-26-056205-index-headers.html0001213900-26-056205
Document: 0001213900-26-056205-index.html0001213900-26-056205
Document: 0001213900-26-056205.txt0001213900-26-056205
5 reports for FTW
Performance horizon

Track record builds as more directional reports settle.

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Reports for FTW — sortable, filterable
Type Now
May 14, 2026
4w ago
8-K
BULLISH ★ 6/10
awaiting T+20
Mar 24, 2026
11w ago
EFFECT
NEUTRAL ★ 6/10
$12.31 $10.69▼ −13.18%▼ −22.08%$12.39 (+0.62%)
Mar 20, 2026
12w ago
15-12G
NEUTRAL ★ 7/10
$12.64 $10.70▼ −15.35%▼ −22.77%$12.39 (−1.98%)
Mar 16, 2026
12w ago
S-1
NEUTRAL ★ 5/10
$11.90 $10.17▼ −14.52%▼ −18.30%$12.39 (+4.14%)
Feb 25, 2026
15w ago
DEFA14A
BULLISH ★ 8/10
$11.82 $11.42▼ −3.37%▲ +1.87%$12.39 (+4.84%)
Showing 5 of 5

US Market Status

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