PHXE-P · Phoenix Energy One, LLC · Financials
One customer — 44.3% of revenue (the six months ended June 30, 2026)
“For the six months ended June 30, 2026, one purchaser of our commodities and twelve third-party E&P operators made up 44.3% and 10.5% of our consolidated revenue, respectively, as compared to one purchaser of our commodities and eleven third-party E&P operators made up 47.0% and 18.0% of our consolidated revenue, respectively, for the six months ended June 30, 2025.”
One customer — 43.3% of revenue (the three months ended June 30, 2026)
“For the three months ended June 30, 2026, one purchaser of our commodities and eleven third-party E&P operators made up 43.3% and 9.8% of our consolidated revenue, respectively, as compared to one purchaser of our commodities and twelve third-party E&P operators that made up 33.0% and 16.0% of our consolidated revenue, respectively, for the three months ended June 30, 2025.”
12 customers — 10.5% of revenue (the six months ended June 30, 2026)
“For the six months ended June 30, 2026, one purchaser of our commodities and twelve third-party E&P operators made up 44.3% and 10.5% of our consolidated revenue, respectively, as compared to one purchaser of our commodities and eleven third-party E&P operators made up 47.0% and 18.0% of our consolidated revenue, respectively, for the six months ended June 30, 2025.”
11 customers — 9.8% of revenue (the three months ended June 30, 2026)
“For the three months ended June 30, 2026, one purchaser of our commodities and eleven third-party E&P operators made up 43.3% and 9.8% of our consolidated revenue, respectively, as compared to one purchaser of our commodities and twelve third-party E&P operators that made up 33.0% and 16.0% of our consolidated revenue, respectively, for the three months ended June 30, 2025.”
2 customers — 14.9% of receivables (as of June 30, 2026)
“Similarly, as of June 30, 2026, we had concentrations in accounts receivable of 14.9% and 11.0% with two purchasers of our commodities, as compared to 16.0% and 10.0% with two purchasers of our commodities and 13.0% with one third-party E&P operator as of June 30, 2025.”
2 customers — 11% of receivables (as of June 30, 2026)
“Similarly, as of June 30, 2026, we had concentrations in accounts receivable of 14.9% and 11.0% with two purchasers of our commodities, as compared to 16.0% and 10.0% with two purchasers of our commodities and 13.0% with one third-party E&P operator as of June 30, 2025.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| $1.11B | $687.18M | $281.23M | $118.11M | |
| $200.63M | $155.21M | $63.95M | $19.73M | |
| $911.5M | $531.97M | $217.28M | $98.37M | |
| — | 77.41% | 77.26% | 83.29% | |
| $17.26M | $26.05M | $29.17M | $14.31M | |
| $244.57M | $177.91M | $85.98M | $34.23M | |
| $767.05M | $511.61M | $208.83M | $86.12M | |
| $345.09M | $175.58M | $72.4M | $31.99M | |
| — | 25.55% | 25.74% | 27.08% | |
| $589.66M | $353.49M | $158.37M | $66.22M | |
| $199.18M | $161.21M | $90.21M | $47.88M | |
| -$337.41M | -$109.47M | -$97.19M | -$48.18M | |
| $7.68M | $66.11M | -$24.79M | -$16.19M | |
| — | 9.62% | -8.82% | -13.71% |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current portion of long-term debt | 2026-06-30 | USD 173,491,000 | 10-Q filed 2026-08-10 |
| Noncurrent debt carrying amount | 2026-06-30 | USD 1,476,703,000 | 10-Q filed 2026-08-10 |
| Operating lease liabilities | 2026-06-30 | USD 10,269,000 | 10-Q filed 2026-08-10 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
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Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Product | $437,421,000 | $125,649,000 | $0 |
| Mineral and Royalty | $124,999,000 | $152,999,000 | $118,088,000 |
| Crude Oil | $113,421,000 | $0 | $0 |
| Water Services | $10,777,000 | $2,478,000 | $0 |
| Other Revenue | $562,000 | $101,000 | $17,000 |