Security
Phoenix Energy One, LLC · PHXE.P
PHXE.PNYSE_AMERICANPreferred stockHistorical · closed Sep 28, 2026CIK 1818643Updated Oct 26, 2026
Name history
Phoenix Capital Group Holdings, LLC · through Dec 30, 2024
PHXE.P price & chart
Historical security
This listing closed Sep 28, 2026. Live provider charts are shown only for current listings.
About the company
Phoenix Energy One, LLC, doing business as Phoenix Energy, is an energy company formed in 2019. The company is focused on oil and gas exploration and production across key U.S. basins, with a primary footprint in the Williston Basin in North Dakota and Montana. Phoenix Energy operates under a three-pronged strategy of direct drilling, royalty acquisition, and non-operated working interests. Phoenix Energy is headquartered in Irvine, CA, with offices in Denver, CO, Dallas, TX, Fort Lauderdale, FL, Casper, WY, and Dickinson and Williston, ND, with more than 165 employees across these seven locations.
In the news
No coverage from other publishers is available.
Recent filings
424B3 filing
424B3 filing
Entry into a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 5.02, 9.01
424B3 filing
424B3 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| AssetsUSD | 1,640,474,000Source | 2,219,291,000Source | 1,369,614,000Source | 1,977,747,000Source | 1,134,672,000Source | 1,806,769,000Source | 1,029,070,000Source |
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 95,452,000Source | 37,026,000Source | 60,491,000Source | 70,173,000Source | 35,366,000Source | 65,791,000Source | 120,814,000Source |
| Assets, CurrentUSD | 178,894,000Source | 173,597,000Source | 156,366,000Source | 181,675,000Source | 101,320,000Source | 173,588,000Source | 156,714,000Source |
| Operating Lease, Right-of-Use AssetUSD | 9,814,000Source | 8,872,000Source | 10,119,000Source | 9,194,000Source | 9,931,000Source | 9,507,000Source | 6,010,000Source |
| Other Assets, NoncurrentUSD | 4,601,000Source | 7,245,000Source | 4,710,000Source | 869,000Source | 969,000Source | 17,438,000Source | 501,000Source |
| LIABILITIES AND EQUITY | |||||||
| LiabilitiesUSD | 1,593,853,000Source | 2,178,611,000Source | 1,379,375,000Source | 2,041,344,000Source | 1,163,131,000Source | 1,728,557,000Source | 1,063,128,000Source |
| Stockholders’ equity: | |||||||
| Retained Earnings (Accumulated Deficit)USD | -1,747,000Source | -8,200,000Source | -10,195,000Source | -112,306,000Source | -28,893,000Source | 29,672,000Source | -34,492,000Source |
| Liabilities and EquityUSD | 1,640,474,000Source | 2,219,291,000Source | 1,369,614,000Source | 1,977,747,000Source | 1,134,672,000Source | 1,806,769,000Source | 1,029,070,000Source |
| Current liabilities: | |||||||
| Liabilities, CurrentUSD | 400,907,000Source | 584,780,000Source | 361,958,000Source | 539,789,000Source | 258,612,000Source | 418,412,000Source | 226,611,000Source |
| Operating Lease, Liability, CurrentUSD | 1,149,000Source | 1,321,000Source | 743,000Source | 1,269,000Source | 343,000Source | 1,256,000Source | 656,000Source |
| Accounts Payable, CurrentUSD | 139,520,000Source | 151,530,000Source | 85,592,000Source | 104,012,000Source | 43,455,000Source | 122,033,000Source | 41,824,000Source |
| Operating Lease, Liability, NoncurrentUSD | 9,918,000Source | 8,948,000Source | 10,269,000Source | 9,339,000Source | 10,234,000Source | 9,625,000Source | 5,860,000Source |
| Other Liabilities, NoncurrentUSD | 462,000Source | — | 707,000Source | — | 2,370,000Source | 0Source | 4,858,000Source |
| Additional Financial Items | |||||||
| Accrued Liabilities, CurrentUSD | 38,607,000Source | 52,123,000Source | — | 52,834,000Source | — | 43,438,000Source | 41,466,000Source |
| Dividends PayableUSD | — | 1,483,000Source | — | 1,465,000Source | — | 1,465,000Source | 0Source |
| Long-term Debt, Current MaturitiesUSD | 145,348,000Source | 173,491,000Source | 142,810,000Source | 148,666,000Source | 132,864,000Source | 147,922,000Source | 103,240,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,127,454,000Source | 1,476,703,000Source | 960,320,000Source | 1,393,555,000Source | 853,507,000Source | 1,235,713,000Source | 795,215,000Source |
| Inventory, Net | — | —Source | — | —Source | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 60,249,000Source | 31,225,000Source | 177,913,000Source | 85,977,000Source |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 31,789,000Source | 16,500,000Source | 47,297,000Source | -4,605,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -2,513,000Source | -1,127,000Source | 21,847,000Source | -10,967,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 103,801,000Source | 18,102,000Source | 301,086,000Source | 101,174,000Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -238,629,000Source | -182,384,000Source | -843,498,000Source | -437,703,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | 0Source | 23,000Source | 27,000Source | 28,000Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 139,210,000Source | 78,834,000Source | 487,389,000Source | 451,915,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 4,382,000Source | -85,448,000Source | -55,023,000Source | 115,386,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 95,452,000Source | 24,527,000Source | 37,026,000Source | 60,491,000Source | 70,173,000Source | 35,366,000Source | 65,791,000Source | 120,814,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 27,530,000Source | 19,930,000Source | 98,589,000Source | 42,700,000Source |
| Additional Financial Items | ||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | 68,000Source | 0Source | 149,000Source | 0Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 6,530,000Source | 4,051,000Source | — | — | 7,380,000Source | 5,166,000Source | 24,705,000Source | 16,621,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | — | — | — | — | — | — | — | — | 169,000Source | 180,000Source |
| Dividends PayableUSD | — | — | — | — | 1,483,000Source | — | 1,465,000Source | — | 1,465,000Source | 0Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 2,065,000Source | 3,716,000Source | 1,569,000Source | 8,922,000Source | -178,753,000Source | 1,920,000Source | 52,846,000Source | -5,986,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | — | 1,442,000Source | 0Source | — | — | 0Source | -564,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -1,334,000Source | -567,000Source | -965,000Source | -261,000Source | -903,000Source | -321,000Source | -2,752,000Source | -1,697,000Source |
| InterestExpenseNonoperatingUSD | — | — | 38,816,000Source | 26,201,000Source | 58,329,000Source | 37,025,000Source | 52,510,000Source | 35,849,000Source | 161,214,000Source | 90,210,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,488,000Source | -11,287,000Source | 105,985,000Source | 18,698,000Source | -140,119,000Source | 5,599,000Source | 66,108,000Source | -24,793,000Source |
| Nonoperating Income (Expense)USD | — | — | -37,782,000Source | -22,791,000Source | -57,550,000Source | -28,001,000Source | -231,953,000Source | -33,561,000Source | -109,467,000Source | -97,188,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 189,021,000Source | 59,040,000Source | 405,851,000Source | 163,834,000Source | 298,680,000Source | 115,747,000Source | 687,180,000Source | 281,227,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | — | — | — | -157,789,000Source | 2,823,000Source | 48,289,000Source | -7,518,000Source |
| Amortization of Debt Issuance Costs | — | — | — | — | —Source | —Source | —Source | —Source | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 189,021,000Source | 59,040,000Source | 405,851,000Source | 163,834,000Source | 298,680,000Source | 115,747,000Source | 687,180,000Source | 281,227,000Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Gross Profit (Calculated) · Derived | — | — | — | — | — | — | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | — | — | 5,540,000Source | 8,941,000Source | 2,761,000Source | 6,381,000Source | 4,345,000Source | 9,514,000Source | 26,049,000Source | 29,167,000Source |
| Operating Income (Loss)USD | — | — | 46,270,000Source | 11,504,000Source | 163,535,000Source | 46,699,000Source | 91,834,000Source | 39,160,000Source | 175,575,000Source | 72,395,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 8,488,000Source | -11,287,000Source | 105,985,000Source | 18,698,000Source | -140,119,000Source | 5,599,000Source | 66,108,000Source | -24,793,000Source |
| Interest Expense (non-operating)USD | — | — | 38,816,000Source | 26,201,000Source | 58,329,000Source | 37,025,000Source | 52,510,000Source | 35,849,000Source | 161,214,000Source | 90,210,000Source |
| Additional Financial Items | ||||||||||
| Costs and ExpensesUSD | — | — | 142,751,000Source | 47,536,000Source | 242,316,000Source | 117,135,000Source | 206,846,000Source | 76,587,000Source | 511,605,000Source | 208,832,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 45,550,000Source | 15,541,000Source | 74,253,000Source | 36,617,000Source | 60,249,000Source | 31,225,000Source | 177,913,000Source | 85,977,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 2,065,000Source | 3,716,000Source | 1,569,000Source | 8,922,000Source | -178,753,000Source | 1,920,000Source | 52,846,000Source | -5,986,000Source |
| Interest ExpenseUSD | — | — | 38,816,000Source | 26,201,000Source | 58,329,000Source | 37,025,000Source | 52,510,000Source | 35,849,000Source | 161,214,000Source | 90,210,000Source |
| Marketing and Advertising ExpenseUSD | — | — | 694,000Source | 189,000Source | 557,000Source | 517,000Source | 369,000Source | 320,000Source | 1,971,000Source | 679,000Source |
| Nonoperating Income (Expense)USD | — | — | -37,782,000Source | -22,791,000Source | -57,550,000Source | -28,001,000Source | -231,953,000Source | -33,561,000Source | -109,467,000Source | -97,188,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 189,021,000Source | 59,040,000Source | 405,851,000Source | 163,834,000Source | 298,680,000Source | 115,747,000Source | 687,180,000Source | 281,227,000Source |
Offerings
Registration 333-296428
- Gross proceeds
- 100000000.0
- Net proceeds
- 100000000.0
- Deal price
- 100.0
- Shares
- 1000000
Registration 333-282862
- Gross proceeds
- 750000000.0
- Net proceeds
- 750000000.0
- Deal price
- 100.0
- Shares
- 7500000
- Offering amount
- $750,000,000
- Offering price
- market-price
Filing attachments
ck0001818643-ex4_1.htm · 8-K · 2026-07-08
EX-4.1 2 ck0001818643-ex4_1.htm EX-4.1 EX-4.1 Exhibit 4.1 PHOENIX ENERGY ONE, LLC INDENTURE Dated as of July 7, 2026 ODYSSEY TRANSFER AND TRUST COMPANY Trustee and Collateral Agent TABLE OF CONTENTS Page ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 1 Section 1.1 …
Read attachment ↗d125339dex991.htm · S-1/A · 2026-06-25
EX-99.1 3 d125339dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PHOENIX ENERGY ONE, LLC Phoenix Flex Junior Secured Notes TM SUBSCRIPTION AGREEMENT INSTRUCTION PAGE Phoenix Energy One, LLC (“we,” “our,” “us,” or the “Company”) is offering on a continuous basis up to $100,000,000 in aggregate principal amount of its Senior Subordinated Junior Lien Notes (the “Notes”) pursuant to a Registration Statement on Form S-1 (File No. 333-[ • ]), including the related prospectus, dated as of [ • ], 2026 …
Read attachment ↗d125339dex41.htm · S-1 · 2026-06-02
EX-4.1 3 d125339dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 PHOENIX ENERGY ONE, LLC INDENTURE Dated as of [ • ], 2026 ODYSSEY TRANSFER AND TRUST COMPANY Trustee and Collateral Agent TABLE OF CONTENTS Page ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 1 Section 1.1 …
Read attachment ↗d125339dex991.htm · S-1 · 2026-06-02
EX-99.1 8 d125339dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PHOENIX ENERGY ONE, LLC Phoenix Flex Junior Secured Notes TM SUBSCRIPTION AGREEMENT INSTRUCTION PAGE Phoenix Energy One, LLC (“we,” “our,” “us,” or the “Company”) is offering on a continuous basis up to $100,000,000 in aggregate principal amount of its Senior Subordinated Junior Lien Notes (the “Notes”) pursuant to a Registration Statement on Form S-1 (File No. 333-[ • ]), including the related prospectus, dated as of [ • ], 2026 …
Read attachment ↗d12806dex991.htm · POS AM · 2026-04-03
Exhibit 99.1 PHOENIX ENERGY ONE, LLC SUBSCRIPTION AGREEMENT INSTRUCTION PAGE Phoenix Energy One, LLC (“we,” “our,” “us,” or the “Company”) is offering on a continuous basis up to $750,000,000 in aggregate principal of its Fixed Rate Senior Subordinated Notes (the “Notes”) pursuant to a Registration Statement on Form S-1 (File No. 333-282862), including the related prospectus, dated as of May 9, 2025 (as it may be amended and supplemented from time to time, the “Prospectus”). A copy of the Pro…
Read attachment ↗ck0001818643-ex4_1.htm · 10-K · 2026-03-17
Exhibit 4.1 DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 As of the date of the Annual Report on Form 10-K of which this exhibit is a part, Phoenix Energy One, LLC (the “Company” “we,” “us,” or “our”) had one class of securities registered under Section 12 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”) - the Company’s Series A Cumulative Redeemable Preferred Shares (the “Preferred Shares”), whic…
Read attachment ↗