Welcome to our dedicated page for Prairie Operating SEC filings (Ticker: PROP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Prairie Operating Co. (Nasdaq: PROP) SEC filings, offering a view into how the company reports its business, governance, and capital markets activity in official documents. Prairie is an independent energy company focused on oil, natural gas, and NGL development and acquisitions in the Denver‑Julesburg (DJ) Basin, and its filings supply structured detail on these activities.
Investors can review Form 8‑K current reports in which Prairie furnishes quarterly earnings press releases under Item 2.02, disclosing financial and operating results such as revenues, production volumes, and the company’s use of non‑GAAP measures like Adjusted EBITDA. Other 8‑Ks describe material events including the reaffirmation of a reserve‑based lending facility, entry into an Equity Distribution Agreement for potential at‑the‑market common stock offerings, and changes to executive employment agreements.
Additional 8‑K filings document auditor changes, where the Audit Committee approved the engagement of a new independent registered public accounting firm and reported that there were no disagreements or reportable events with the prior auditor as defined in SEC rules. These filings also confirm Prairie’s incorporation in Delaware and its principal offices in Houston, Texas.
On Stock Titan, Prairie’s filings are updated as they are made available through EDGAR. AI‑powered tools can help summarize lengthy disclosures, highlight key items such as financing arrangements, hedging descriptions, and compensation changes, and make it easier to locate specific information across the company’s filing history. Users can also focus on filings related to capital raising, credit facilities, and other events that the company identifies as material to its DJ Basin development and acquisition strategy.
Prairie Operating Co. EVP and CFO Gregory Scott Patton reported a small share disposition related to tax withholding. On the vesting of restricted stock, 733 shares of common stock were withheld at $1.60 per share to satisfy tax obligations, rather than sold in the open market. After this tax-withholding disposition, he directly holds 788,203 shares of Prairie Operating Co. common stock.
Prairie Operating Co. executive Daniel T. Sweeney reported a tax-related share disposition. On March 5, 2026, 1,223 shares of common stock were withheld at $1.60 per share to satisfy tax obligations upon vesting of restricted stock, a non-open-market transaction. Sweeney beneficially owned 639,566 common shares directly after this withholding.
Prairie Operating Co. announced significant leadership changes, with CEO and Chairman Edward Kovalik voluntarily resigning and President/director Gary C. Hanna retiring. Board member Richard N. Frommer was appointed Interim President and CEO, and director Erik Thoresen was named Chairman of the Board while a search for a permanent chief executive is conducted.
The company’s subsidiary entered into separation agreements with both former executives. Kovalik will receive a lump-sum severance of $2,531,250, equal to 1.5 times his base salary plus target bonus, his 2025 bonus of $750,000, unused vacation payout and immediate vesting of all time-based RSUs, while his performance-based RSUs are forfeited. Hanna will receive his 2025 bonus of $675,000, unused vacation payout, immediate vesting of time-based RSUs and will retain unvested performance-based RSUs through the performance period.
Both Kovalik and Hanna retain fully vested non-compensatory stock options but will assign overriding royalty interests in certain Genesis/Exok assets and have agreed for three years to vote their shares in line with Board recommendations, with existing lockups remaining in force. The company highlighted Frommer’s deep DJ Basin experience and Thoresen’s financial and transaction background as it focuses on its next phase of development in the Denver-Julesburg Basin.
Prairie Operating Co. reported an insider share purchase by a director and 10% owner affiliated with the Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust. On 12/29/2025, the reporting person acquired 210,981 shares of common stock in an open-market purchase at a price of $1.6106 per share. Following this transaction, the reporting person beneficially owned 15,481,603 shares of Prairie Operating common stock in direct ownership form.
Prairie Operating Co. (PROP) director and 10% owner affiliate reports stock purchases. Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust reported several open-market purchases of Prairie Operating Co. common stock between 12/16/2025 and 12/18/2025, at prices around $1.68 per share. After these transactions, the reporting persons beneficially owned 15,186,797 shares held in the Family Trust, reported as directly owned. The filing explains that the Family Trust is the record holder, with Gregory K. O'Neill as sole director of the trustee and a beneficiary, and that each related party may be deemed to share beneficial ownership but disclaims it except to the extent of their pecuniary interest.
Prairie Operating Co. reported that a director-related reporting person bought additional common stock in multiple open-market transactions in late 2025. On 11/20/2025 it purchased 50,000 shares at $1.7197 per share, followed by trades including 42,781 shares at $1.71 on 12/10/2025 and 220,431 shares at $1.709 on 12/12/2025. The largest single transaction was a purchase of 800,000 shares at $1.6853 on 12/15/2025, resulting in beneficial ownership of 14,993,279 shares of common stock held directly after the reported transactions.
The shares are held of record by Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust. Gregory K. O'Neill, as sole director of Narrogal Nominees Pty Ltd and a beneficiary of the trust, may be deemed to share beneficial ownership of these securities, and each related party disclaims beneficial ownership except to the extent of its pecuniary interest.
Prairie Operating Co. (PROP) reported insider share purchases by Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a director and 10% owner. The filing shows multiple open-market purchases of common stock between 11/14/2025 and 11/21/2025, coded as "P" for purchases. Individual trades include, for example, 199,463 shares at $1.7329 on 11/14/2025 and 800,000 shares at $1.7063 on 11/20/2025. Following these transactions, the reporting person beneficially owns 13,776,036 shares of Prairie Operating common stock in direct form.
Prairie Operating Co. (PROP) furnished an update on its business by announcing financial results for the quarter ended September 30, 2025, via a press release attached as Exhibit 99.1 to a current report on Form 8-K.
The results announcement was provided under Item 2.02 and is being furnished, not filed, which means it is not automatically incorporated into other Securities Act or Exchange Act filings unless specifically referenced.
Prairie Operating Co. (PROP) reported an insider transaction by its EVP and CFO. A Form 4 shows that on 11/06/2025, the officer had 9,583 shares of common stock withheld under transaction code F at $1.91 per share. Code F indicates shares were withheld to cover taxes upon restricted stock vesting.
Following this withholding, the officer beneficially owns 788,936 shares directly. This filing reflects tax-related share withholding rather than an open-market buy or sell.
Prairie Operating Co. changed its independent auditor, appointing Deloitte & Touche LLP as its registered public accounting firm effective September 18, 2025 for the fiscal year ending December 31, 2025. On the same date, the Audit Committee dismissed Ham, Langston & Brezina, L.L.P. (HL&B) as auditor.
The company states that HL&B’s reports on its financial statements for the years ended December 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications related to uncertainty, audit scope, or accounting principles. It further notes there were no disagreements and no reportable events with HL&B during those fiscal years and through June 30, 2025. Prairie also indicates it did not consult Deloitte on accounting or audit matters before the engagement and has filed HL&B’s confirmation letter as an exhibit.