Phoenix Energy One, LLC

For the period ended Jun 30, 2025. Filed Aug 12, 2025.

About 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

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
REVENUES
Product sales	$97,260	$27,312	$181,529	$33,990
Mineral and royalty revenues	31,985	51,604	61,871	85,588
Purchased crude oil sales	30,800	—	30,800	—
Water services	3,697	904	5,200	904
Other revenues	92	10	181	28
Total revenues	163,834	79,830	279,581	120,510
OPERATING EXPENSES
Cost of sales	35,169	14,945	62,252	22,927
Depreciation, depletion, amortization, and accretion	36,617	24,370	67,842	37,775
Purchased crude oil expenses	30,352	—	30,352	—
Selling, general and administrative	6,381	7,861	15,895	13,111
Payroll and payroll-related	8,093	5,907	16,022	10,732
Advertising and marketing	517	144	837	161
Loss on sale of assets	—	—	—	564
Impairment expense	6	—	522	—
Total operating expenses	117,135	53,227	193,722	85,270
INCOME FROM OPERATIONS	46,699	26,603	85,859	35,240
OTHER INCOME (EXPENSE)
Interest income	363	33	1,052	55
Interest expense, net	(37,025)	(17,994)	(72,874)	(34,915)
Gain (loss) on derivatives	8,922	(19)	10,842	(86)
Loss on debt extinguishment	(261)	(225)	(582)	(301)
Total other expenses	(28,001)	(18,205)	(61,562)	(35,247)
NET INCOME (LOSS)	$18,698	$8,398	$24,297	$(7)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.