Phoenix Energy One, LLC

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

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, 2026 · Filed Aug 10, 2026

PHXE-P$25.350.0%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations

(in thousands)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2026	2025	2026	2025
REVENUES
Product sales	$241,905	$97,260	$423,501	$181,529
Mineral and royalty revenues	49,140	31,985	84,845	61,871
Purchased crude oil sales	107,969	30,800	185,053	30,800
Water services	6,143	3,697	10,340	5,200
Other revenue	694	92	792	181
Total revenues	405,851	163,834	704,531	279,581
OPERATING EXPENSES
Cost of sales	51,580	35,169	107,672	62,252
Depreciation, depletion, and amortization	74,253	36,617	134,502	67,842
Purchased crude oil expenses	104,996	30,352	180,596	30,352
Selling, general, and administrative	2,761	6,381	7,106	15,895
Payroll and payroll-related	9,029	8,093	18,392	16,022
Advertising and marketing	557	517	926	837
Gain on sale of assets	(1,442)	—	(1,442)	—
Impairment expense	582	6	1,410	522
Total operating expenses	242,316	117,135	449,162	193,722
INCOME FROM OPERATIONS	163,535	46,699	255,369	85,859
OTHER INCOME (EXPENSE)
Interest income	175	363	388	1,052
Interest expense, net	(58,329)	(37,025)	(110,839)	(72,874)
Gain (loss) on derivatives	1,569	8,922	(177,184)	10,842
Loss on debt extinguishments	(965)	(261)	(1,868)	(582)
Total other expenses	(57,550)	(28,001)	(289,503)	(61,562)
NET INCOME (LOSS)	$105,985	$18,698	$(34,134)	$24,297

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