Prairie Operating Management

Management criteria checks 1/4

Prairie Operating's CEO is Eddie, Ed Kovalik, appointed in May 2023, has a tenure of 1.67 years. total yearly compensation is $625.99K, comprised of 58% salary and 42% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth €7.73M. The average tenure of the management team and the board of directors is 1.7 years and 1.7 years respectively.

Key information

Eddie, Ed Kovalik

Chief executive officer

US$626.0k

Total compensation

CEO salary percentage	58.0%
CEO tenure	1.7yrs
CEO ownership	5.0%
Management average tenure	1.7yrs
Board average tenure	1.7yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Eddie, Ed Kovalik's remuneration changed compared to Prairie Operating's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$68m
Jun 30 2024	n/a	n/a	-US$91m
Mar 31 2024	n/a	n/a	-US$87m
Dec 31 2023	US$626k	US$363k	-US$79m

Compensation vs Market: Eddie, Ed's total compensation ($USD625.99K) is below average for companies of similar size in the German market ($USD899.26K).

Compensation vs Earnings: Insufficient data to compare Eddie, Ed's compensation with company performance.

CEO

Eddie, Ed Kovalik (49 yo)

1.7yrs

Tenure

US$625,988

Compensation

Mr. Edward Kovalik, also known as Eddie, Ed, serves as Chief Executive Officer and Chairman at Prairie Operating Co. since May 03, 2023. He served as Chief Operating Officer of Crown Electrokinetics Corp....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edward Kovalik	CEO & Chairman	1.7yrs	US$625.99k	5.01% € 7.7m
Gary Hanna	President & Director	1.7yrs	US$625.99k	5.01% € 7.7m
Craig Owen	Executive VP	1.7yrs	US$3.15m	0.87% € 1.3m
Bryan Freeman	Executive Vice President of Operations	1.7yrs	no data	0.092% € 141.8k
Daniel Sweeney	Executive VP	1.5yrs	no data	no data

1.7yrs

Average Tenure

53yo

Average Age

Experienced Management: 7C5's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Edward Kovalik	CEO & Chairman	1.7yrs	US$625.99k	5.01% € 7.7m
Gary Hanna	President & Director	1.7yrs	US$625.99k	5.01% € 7.7m
Mark Burnett	Member of Advisory Board	less than a year	no data	no data
Scott Tinker	Member of Advisory Board	1.3yrs	no data	no data
Gizman Abbas	Independent Director	1.7yrs	US$166.21k	0.019% € 28.8k
Stephen Lee	Independent Director	1.7yrs	US$166.21k	0.019% € 28.8k
Richard Frommer	Independent Director	less than a year	no data	0.034% € 53.1k
Erik Thoresen	Independent Director	1.7yrs	US$165.11k	0.019% € 28.8k
Jonathan Gray	Independent Director	1.7yrs	US$165.11k	0.030% € 46.2k

1.7yrs

Average Tenure

51yo

Average Age

Experienced Board: 7C5's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 08:15
End of Day Share Price	2025/01/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

Prairie Operating Co. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution