Prairie Operating Co. Common Stock

Day range

$0.35 – $0.40

Open

$0.38

Prev close

$0.39

Volume

1.24M

Market cap

$43.93M

Shares out

112.8M

P/E

—

P/S

0.13

P/B

0.20

P/FCF

—

ROE

-1.2%

ROA

-0.3%

Debt/Equity

1.96

Div yield

0.00%

As of Oct 23, 2026

• Credit facilityAug 17, 2026

  On August 14, 2026, Prairie Operating Co. (the "Company") entered into a Third Amendment to Amended and Restated Credit Agreement (the "Amendment"), effective as of June 30, 2026, with Citibank, N.A., as administrative agent, and the other financial institutions party thereto, which amends the Amended and Restated Credit Agreement, dated as of March 26, 2025... the Amendment (i) reduces the Current Ratio (as defined in the A&R Credit Agreement) the Company is required to maintain under the A&R Credit Agreement from 1.00 to 1.00 to (a) for the Company's fiscal quarter ending June 30, 2026, 0.50 to 1.00, (b) for the Company's fiscal quarter ending September 30, 2026, 0.40 to 1.00 and (c) for the Company's fiscal quarter ending December 31, 2026, 0.60 to 1.00, and (ii) introduces a new covenant requiring the Company meet or exceed certain minimum hydrocarbon production thresholds.

• Director departureJul 22, 2026

  On July 21, 2026, Stephen Lee resigned from the Board of Directors (the "Board") of Prairie Operating Co. (the "Company"). Mr. Lee's resignation was not the result of any disagreement with the Company or the Board on any matter relating to the Company's operations, policies, or practices.

• Listing deficiency noticeJul 9, 2026

  On July 2, 2026, Prairie Operating Co. received a letter from the Nasdaq Listing Qualifications Department notifying Prairie that for the last 30 consecutive business days, the closing bid price for Prairie's common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). Prairie has been provided an initial compliance period of 180 calendar days, or until December 29, 2026, to regain compliance with the Nasdaq Minimum Bid Price Requirement.

• Executive compensation changeJun 25, 2026

  In connection with the appointment of Michael Shelly as Executive Vice President and Chief Financial Officer of the Company, the Subsidiary entered into an employment agreement with Mr. Shelly (the "Shelly Employment Agreement"). Pursuant to the Shelly Employment Agreement, the Company will pay Mr. Shelly an annualized base salary of not less than $525,000 (the "Shelly Base Salary"). Additionally, for each calendar year, Mr. Shelly will be eligible for bonus compensation with a target amount equal to 100% of the Shelly Base Salary or such other percentage of the Shelly Base Salary as determined by the Compensation Committee of the Board or the Board for the applicable calendar year. Further, pursuant to the Shelly Employment Agreement, Mr. Shelly's annual target opportunity under the LTIP will have a grant date fair value not less than 300% of the Shelly Base Salary.

• Warrant or conversionJun 11, 2026

  On June 10, 2026, the Company entered into a letter agreement with Hudson Bay PH XIX LLC pursuant to which the parties agreed that with respect to the remaining shares of the Company's Series F Convertible Preferred Stock held by High Trail or its affiliates, the Company will allow High Trail to convert such shares into an incremental amount of additional shares of the Company's common stock in an aggregate amount not to exceed 21,156,339 shares of Common Stock.

Days to cover

14.3

Short interest

10.74M

Avg volume

752.65K

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Prairie Operating Co. Announces Board of Director Resignation
  neutralGlobeNewswire Inc.· Apr 22, 2026
• EXCLUSIVE: Prairie Expands DJ Basin Footprint With $12.5 Million Edge Energy Deal
  positiveBenzinga· Jul 2, 2025
• Prairie Operating Co. Begins Completion of the Opal Coalbank Pad, Acquired from Bayswater
  positiveGlobeNewswire Inc.· Apr 28, 2025
• Prairie Operating Co. Announces 11-Well Development at Rusch Pad
  positiveGlobeNewswire Inc.· Apr 2, 2025
• Prairie Operating Co. Completes Transformative Acquisition from Bayswater
  positiveGlobeNewswire Inc.· Mar 26, 2025