Company Description
Presidio Production Company (NYSE: FTW) operates as a U.S. oil and gas company focused on acquiring and optimizing producing oil and natural gas wells. The company describes its model as yield-focused and differentiated, with an emphasis on existing wells rather than drilling new wells. Headquartered in Fort Worth, Texas, Presidio operates oil and gas wells across the Mid-Continent and uses acquisitions to add producing assets to its portfolio.
Presidio's operating model centers on mature or producing hydrocarbon assets that already have well-level production history. The company seeks to improve asset performance through operations, optimization and portfolio consolidation rather than through exploration drilling. Its public announcements describe a land-and-expand acquisition approach and a framework that pairs cash generation from low-decline producing wells with shareholder dividends and additional asset purchases.
Presidio's public-company history includes the completed March 2026 business combination involving EQV Ventures Acquisition Corp. In connection with that transaction, EQV changed its jurisdiction to Delaware, changed its name to Presidio MidCo Inc. and became a wholly owned subsidiary of Presidio Production Company. The FTW listing therefore represents an operating oil and gas company with historical SPAC-related security and corporate-structure disclosures.
As a public issuer, Presidio's recurring disclosures cover operating and financial results, material agreements, acquisition activity, dividend declarations, governance matters, risk factors and capital structure. Historical SPAC-related records also document security-structure matters for the former EQV units, Class A ordinary shares and redeemable warrants.
Stock Performance
Presidio Production (FTW) stock last traded at $12.13, down 0.58% from the previous close. Over the past 12 months, the stock has gained 16.1%. At a market capitalization of $334.7M, FTW is classified as a small-cap stock with approximately 29.3M shares outstanding.
FTW Rankings
Latest News
Presidio Production has 8 recent news articles. Of the recent coverage, 5 articles coincided with positive price movement and 3 with negative movement. Key topics include earnings, AI, acquisition, conferences, dividends. View all FTW news →
SEC Filings
Presidio Production has filed 5 recent SEC filings, including 2 Form 8-K, 2 Form 424B3, 1 Form SCHEDULE 13G. The most recent filing was submitted on June 18, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FTW SEC filings →
Financial Highlights
Upcoming Events
Canyon Creek acquisition close
ABS notes maturity
Presidio Production has 2 upcoming scheduled events. The next event, "Canyon Creek acquisition close", is scheduled for July 1, 2026 (in 4 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the FTW stock price.
Short Interest History
Short interest in Presidio Production (FTW) currently stands at 343.8 thousand shares, down 17.3% from the previous reporting period, representing 4.3% of the float. Over the past 12 months, short interest has increased by 73213.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Presidio Production (FTW) currently stands at 2.7 days, down 58.7% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 167% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.0 to 6.5 days.
FTW Company Profile & Sector Positioning
Presidio Production (FTW) operates in the Oil & Gas E&P industry within the broader Crude Petroleum & Natural Gas sector and is listed on the NYSE. Among dividend-paying stocks, FTW ranks #112 by dividend yield. In monthly performance, the stock ranks #2,369 among all tracked companies.