Phoenix Energy Announces Distribution for Preferred Shares

Rhea-AI Summary

Phoenix Energy (NYSE MKT: PHXE.P) announced a cash distribution of $0.625 per Series A Cumulative Redeemable Preferred Share to holders of record at the close of business on January 2, 2026, payable on January 15, 2026.

The distribution is calculated from the stated liquidation preference of $25.00 per Preferred Share on a 360-day year (twelve 30-day months) at a rate of 10.00% per annum for the period from and including October 15, 2025 to excluding January 15, 2026. Preferred shares have been listed since September 30, 2025.

Positive

• Cash distribution of $0.625 per Preferred Share
• Record date set for January 2, 2026 with payment on January 15, 2026
• Stated rate of 10.00% per annum based on $25.00 liquidation preference

Negative

• None.

Key Figures

Preferred distribution $0.625 per Preferred Share Series A distribution for period Oct 15, 2025–Jan 15, 2026

Liquidation preference $25.00 per Preferred Share Basis for distribution calculation, 360-day year of twelve 30-day months

Preferred rate 10.00% per annum Rate applied to stated liquidation preference for Series A

Record date January 2, 2026 Holders of record eligible for Series A cash distribution

Payment date January 15, 2026 Scheduled payment of Series A cash distribution

Separation payment $1,000,000 Paid over 12 months under Transition and Separation Agreement

Insider sale size 2,500 Preferred Shares Former COO sold Series A Preferred in two trades on 11/20/2025

Short-swing profit repaid $283.77 Paid to Phoenix Energy One under Section 16(b) rules

Market Reality Check

Market Pulse Summary

This announcement confirms a cash distribution of $0.625 per Series A Preferred Share, consistent with a 10.00% rate on a $25.00 liquidation preference for the stated period. Investors may contextualize this with recent filings describing executive transitions, a $1,000,000 separation agreement, and prior insider sales of 2,500 preferred shares. Key items to monitor include future distribution declarations and any additional governance or capital structure changes.

Key Terms

cumulative redeemable preferred shares financial

"authorized a cash distribution for the Series A Cumulative Redeemable Preferred Shares"

Cumulative redeemable preferred shares are a type of stock that pays regular dividends which, if skipped, accumulate and must be paid later; think of it like an interest-bearing note where missed payments pile up. The redeemable feature means the issuer can (or sometimes must) buy the shares back at a preset price or date, so investors get a clearer path to getting their money back. These features matter because they provide steadier income than common stock and a higher claim on payouts, but they also carry the issuer’s repayment risk and limited upside.

liquidation preference financial

"based on the stated liquidation preference of $25.00 per Preferred Share"

A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.

limited liability company agreement regulatory

"attached to the Third Amended and Restated Limited Liability Company Agreement of the Company"

A limited liability company agreement is the legal contract that lays out who owns a limited liability company, how it is run, how profits and losses are shared, and the rules for major decisions, transfers and exits. For investors it functions like an operating manual or roadmap: it determines control rights, payout priority, dispute resolution and protections against personal liability, so it directly affects risk, governance and how and when investors can realize returns.

8-k regulatory

"[8-K] Phoenix Energy One, LLC Reports Material Event"

An 8-K is a public report companies must file with the U.S. Securities and Exchange Commission to disclose major events or changes that shareholders should know about, such as leadership changes, mergers, financial surprises, or legal developments. It matters to investors because it acts like a breaking-news alert for a company’s health and prospects—providing timely facts that can affect stock value and investment decisions.

form 4 regulatory

"[Form 4] Phoenix Energy One, LLC Insider Trading Activity"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

section 16(b) regulatory

"These sales were matchable under Section 16(b) against a prior purchase"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

short-swing profit financial

"representing the full short-swing profit that must be returned to the company"

Short-swing profit is any gain an insider makes from buying and selling (or selling and buying) the same company's stock or options within a six-month window; regulators treat those quick trades as presumptively improper and typically require the profits to be returned. Think of it like flipping a concert ticket for a quick markup — the law prevents insiders with privileged access from keeping those fast gains, which protects ordinary investors and promotes fair markets.

AI-generated analysis. Not financial advice.

IRVINE, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Phoenix Energy One, LLC (“Phoenix Energy” or the “Company”), an energy company 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, announced today its board of directors has authorized a cash distribution for the Series A Cumulative Redeemable Preferred Shares (the “Preferred Shares”) of $0.625 per Preferred Share to holders of record as of the close of business on January 2, 2026, which distribution will be paid on January 15, 2026.

The announced distribution is consistent with and made pursuant to the terms of the share designation for the Preferred Shares attached to the Third Amended and Restated Limited Liability Company Agreement of the Company, which is available on Edgar through the SEC’s website and is based on the stated liquidation preference of $25.00 per Preferred Share (calculated on a 360-day year of twelve 30-day months) at a rate of 10.00% per annum for the period from and including October 15, 2025 to and excluding January 15, 2026.

The Company’s Preferred Shares are listed on the NYSE American LLC (NYSE MKT: PHXE.P) and might appeared stylized as PHXE-P, PHXE-PR, or PHXE/P on different brokerage platforms. The shares have been listed as of September 30, 2025.

To learn more about Phoenix Energy, visit the Company’s website at https://phoenixenergy.com.

About Phoenix Energy:

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 180 employees across these seven locations.

Contact Phoenix Energy:

Investor Relations
investorrelations@phoenixenergy.com
303.376.9778

Disclaimer:

This press release contains forward-looking statements, which are statements regarding all matters that are not historical facts and include statements regarding Phoenix Energy’s current views, hopes, intentions, beliefs, or expectations concerning, among other things, its results of operations, financial condition, liquidity, prospects, growth, strategies, and position in the markets and the industries in which it operates. These forward-looking statements are generally identifiable by forward looking terminology such as “expect,” “believe,” “anticipate,” “outlook,” “could,” “target,” “project,” “intend,” “plan,” “seek,” “estimate,” “should,” “will,” “approximately,” “predict,” “potential,” “may,” and “assume,” as well as variations of such words and similar expressions referring to the future.

FAQ

How much will Phoenix Energy (PHXE.P) pay per Preferred Share on January 15, 2026?

Phoenix Energy will pay a cash distribution of $0.625 per Series A Preferred Share on January 15, 2026.

What is the record date for the PHXE.P preferred share distribution in January 2026?

The record date is the close of business on January 2, 2026.

How was the $0.625 distribution for PHXE.P calculated?

It is based on a $25.00 liquidation preference using a 360-day year at a 10.00% per annum rate for Oct 15, 2025–Jan 15, 2026.

When were Phoenix Energy Preferred Shares first listed on NYSE American for PHXE.P?

The Preferred Shares have been listed since September 30, 2025.

Will the PHXE preferred distribution affect common shareholders?

The announcement specifies a distribution to Series A Preferred Shares; it does not state any distribution for common shares.

Where can investors find the preferred share designation and terms for PHXE.P?

The share designation and terms are included in the company agreement available on SEC EDGAR and on the company website.