Phoenix Energy One, LLC
For the period ended Jun 30, 2025. Filed Aug 12, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 12, 2025
PHXE-P$25.350.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $60,491 | $120,814 |
| Accounts receivable | 81,187 | 28,218 |
| Earnest payments | 647 | 154 |
| Other current assets | 14,041 | 7,528 |
| Total current assets | 156,366 | 156,714 |
| Oil and gas properties | 1,406,610 | 1,006,221 |
| Accumulated depletion | (208,191) | (140,376) |
| Net oil and gas properties | 1,198,419 | 865,845 |
| Right-of-use assets, net | 10,119 | 6,010 |
| Other noncurrent assets | 4,710 | 501 |
| Total Assets | $1,369,614 | $1,029,070 |
| LIABILITIES AND MEMBER’S EQUITY (DEFICIT) | ||
| Current liabilities | ||
| Accounts payable | $85,592 | $41,824 |
| Current portion of long-term debt | 142,810 | 103,240 |
| Current portion of deferred closings | 9,107 | 7,189 |
| Escrow account | 9,459 | 16,356 |
| Current operating lease liabilities | 743 | 656 |
| Accrued and other liabilities | 114,247 | 57,346 |
| Total current liabilities | 361,958 | 226,611 |
| Long-term debt, net of current portion | 960,320 | 795,215 |
| Accrued interest | 41,631 | 26,079 |
| Deferred closings | 2,269 | 3,324 |
| Operating lease liabilities | 10,269 | 5,860 |
| Asset retirement obligations | 2,221 | 1,181 |
| Other noncurrent liabilities | 707 | 4,858 |
| Total liabilities | 1,379,375 | 1,063,128 |
| Commitments and contingencies (Note 12) | ||
| Member’s equity (deficit) | ||
| Member’s equity | 434 | 434 |
| Accumulated deficit | (10,195) | (34,492) |
| Total member’s deficit | (9,761) | (34,058) |
| Total Liabilities and Member’s Equity (Deficit) | $1,369,614 | $1,029,070 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.