22 Apr 2025agm notice● Neutral
Prairie Operating Co. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Apr 2025agm notice● Neutral
Prairie Operating Co. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
3 Apr 2025agm notice● Neutral
Prairie Operating Co. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 Apr 2025substantial holder notice● Neutral
Bristol Investment Fund, Ltd. disclosed a new substantial Prairie Operating Co. shareholding (2.67% of votes).
2 Apr 2025substantial holder notice● Neutral
Bayswater Exploration & Production, LLC disclosed a new substantial Prairie Operating Co. shareholding (9.80% of votes).
1 Apr 2025asset acquisition disposition▲ GoodMajor
Prairie closed the Bayswater acquisition -- $602.75 million headline price, paid as roughly $483.5 million cash (with $15 million held in escrow) plus 3.66 million shares of stock -- by far its largest deal, funded by expanding its Citibank credit facility borrowing base more than tenfold, from $44 million to $475 million.
31 Mar 2025substantial holder notice● Neutral
NGL Energy Partners LP disclosed a new substantial Prairie Operating Co. shareholding (6.20% of votes).
31 Mar 2025substantial holder notice● Neutral
NGL Energy Partners LP disclosed a new substantial Prairie Operating Co. shareholding (4.70% of votes).
28 Mar 2025director interest notice● Neutral
Prairie Operating Co. director Thoresen Erik bought 300,000 shares on the open market at $0.01.
28 Mar 2025director interest notice● Neutral
Prairie Operating Co. Chief Executive Officer Kovalik Edward bought 2,333,333 shares on the open market at $0.01.
28 Mar 2025director interest notice● Neutral
Prairie Operating Co. President Gary C Hanna bought 2,333,333 shares on the open market at $0.01.
26 Mar 2025securities registration● Neutral
Prairie Operating Co. filed a prospectus supplement for an offering off its existing shelf.
26 Mar 2025securities registration● Neutral
Prairie Operating Co. filed a prospectus supplement for an offering off its existing shelf.
26 Mar 2025capital raising announcement▼ BadMajor
Raised about $139 million net by selling 148,250 shares of a new Series F preferred stock -- the money that paid for the Bayswater acquisition closing days later. The terms were the catch: a 12% dividend that jumps to 25% once the credit facility matures, a right for holders to take 25% of the proceeds of any future financing, and warrants due to them on the first anniversary. That anniversary warrant is the obligation Prairie would spend 2026 paying $3 million at a time to postpone.
24 Mar 2025securities registration● Neutral
Prairie Operating Co. registered additional securities for an offering already underway.
24 Mar 2025securities registration● Neutral
Prairie Operating Co. filed a prospectus supplement for an offering off its existing shelf.
24 Mar 2025securities registration● Neutral
Prairie Operating Co. filed a prospectus supplement for an offering off its existing shelf.
17 Mar 2025material agreement▲ GoodMajor
Prairie amended its pending purchase agreement to buy Bayswater Resources' DJ Basin assets, extending the deadline and fixing the stock portion of the price at $16 million -- keeping alive what would become its largest acquisition yet.
7 Mar 2025director interest notice● Neutral
Prairie Operating Co. President Gary C Hanna had 10,787 shares withheld for taxes on vesting stock.
7 Mar 2025director interest notice● Neutral
Prairie Operating Co. EVP and CFO Robert Craig Owen disposed of 10,892 shares.
7 Mar 2025director interest notice● Neutral
Prairie Operating Co. Exec VP of Operations Freeman Bryan had 4,740 shares withheld for taxes on vesting stock.
7 Mar 2025director interest notice● Neutral
Prairie Operating Co. General Counsel & Corp Sec'y Sweeney Daniel T. had 5,515 shares withheld for taxes on vesting stock.
7 Mar 2025director interest notice● Neutral
Prairie Operating Co. Chief Executive Officer Kovalik Edward had 10,798 shares withheld for taxes on vesting stock.
7 Feb 2025securities registration● Neutral
Prairie Operating Co. filed a prospectus supplement for an offering off its existing shelf.
7 Feb 2025asset acquisition disposition▲ GoodMajor
Signed the Bayswater Purchase and Sale Agreement to acquire DJ Basin oil and gas assets from Bayswater Resources and affiliated funds for $602.75 million (cash plus up to 5,249,639 shares) -- Prairie's transformational acquisition, which closed the following month funded by a major expansion of its Citibank credit facility.
28 Jan 2025director interest notice● Neutral
Prairie Operating Co. 10%+ owner Narrogal Nominees Pty LTD Atf Gregory K O'neill Family Trust converted derivative holdings into 1,600,000 shares.
31 Dec 2024director interest notice● Neutral
Prairie Operating Co. EVP and CFO Owen Robert Craig gifted 20,000 shares.
19 Dec 2024director interest notice● Neutral
Prairie Operating Co. President Gary C Hanna received 61,560 shares as part of the equity award.
19 Dec 2024director interest notice● Neutral
Prairie Operating Co. Chief Executive Officer Kovalik Edward received 61,560 shares as part of the equity award.
19 Dec 2024debt financing▲ GoodMajor
Prairie established its first real reserve-based bank credit facility, with Citibank as administrative agent: a $1 billion maximum framework with an initial $44 million borrowing base, $28 million drawn at signing -- a more conventional financing tool than the convertible notes and equity lines used to fund the Nickel Road deal.