Phoenix Energy Announces Q1 2026 Earnings Call

Rhea-AI Summary

Phoenix Energy (NYSE American: PHXE) announced a public earnings call to review its Q1 2026 operating and financial results.

The call will be held on Monday, May 18, 2026 at 1:30 PM PT (4:30 PM ET), with CFO Curtis Allen presenting the company’s oil and gas portfolio and quarterly performance.

AI-generated analysis. Not financial advice.

Key Figures

Revenue: $687.2 million Prior Revenue: $281.2 million Net income: $66.1 million +5 more

8 metrics

Revenue $687.2 million Full year 2025 revenue (10-K)

Prior Revenue $281.2 million Full year 2024 revenue (10-K)

Net income $66.1 million Full year 2025 net income vs prior losses (10-K)

EBITDA $403.6 million Full year 2025 EBITDA (10-K)

Production 9.9 million Boe 2025 production volume (10-K)

Proved reserves 113.6 million Boe Year-end 2025 proved reserves (10-K)

Indebtedness $1,529.9 million Total indebtedness as of Dec 31, 2025 (10-K)

Planned capital raise $669.8 million Additional capital planned through end of 2028 (10-K)

Market Reality Check

normal vol

Market Pulse Summary

This announcement sets the timetable for reviewing Q1 2026 results and the upcoming Form 10-Q, follo...

Analysis

This announcement sets the timetable for reviewing Q1 2026 results and the upcoming Form 10-Q, following a year in which revenue reached $687.2 million and net income $66.1 million. Investors can use the call to gauge how 2026 trends compare with 2025’s rapid growth, while keeping an eye on high indebtedness of $1,529.9 million and the planned $669.8 million capital raise for future development needs.

Key Terms

Form 10-Q, EDGAR, original issue discount, delayed draw term loan, +3 more

7 terms

Form 10-Q regulatory

"Phoenix Energy intends to file its Form 10-Q for the three month period..."

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

EDGAR regulatory

"file its Form 10-Q ... on EDGAR with the Securities and Exchange Commission..."

EDGAR is a system used by companies to share important financial and business information with the public. It functions like an online filing cabinet where investors can access official reports and documents that help them understand a company's financial health and operations. This transparency allows investors to make more informed decisions, much like checking a company's report card before investing.

original issue discount financial

"and carries an original issue discount of 3.00%. The amendment also provides..."

Original issue discount (OID) is the difference between a debt security’s face value and the lower price at which it is first sold, treated as additional interest that accrues over the life of the instrument. For investors it matters because OID raises the effective yield and changes taxable income and the holding’s cost basis over time — think of buying a $100 voucher for $90 and recognizing the $10 gain as earned interest as the voucher approaches maturity.

delayed draw term loan financial

"delayed draw term loan commitments, all of which were drawn on the amendment’s..."

A delayed draw term loan is a financing agreement that lets a borrower take one or more lump-sum loans from a lender at agreed future dates within a set time window instead of receiving all funds up front. It matters to investors because it changes when and how much debt a company will carry, affecting cash flexibility, interest costs and risk exposure—think of it like an approved credit line you only tap when you need cash for a project.

total secured leverage ratio financial

"limited waivers to certain financial covenants, including the total secured leverage ratio..."

The total secured leverage ratio compares the amount of a company's secured debt—loans backed by specific assets—to its earnings capacity, usually measured as EBITDA (earnings before interest, taxes, depreciation and amortization). Investors use it to gauge how strained a company’s balance sheet is and how easily it could cover or refinance those asset-backed loans; think of it like a mortgage-to-income ratio that measures default risk and borrowing room.

asset coverage ratio financial

"and the asset coverage ratio as of December 31, 2025. Phoenix Energy One and..."

Asset coverage ratio measures how much of a company’s debt or preferred claims could be paid off using its tangible assets if the business had to be sold. It’s a safety check for investors and creditors, showing the size of the asset “cushion” available to meet obligations; a higher ratio means more protection, like having enough savings and sellable belongings to cover outstanding bills, while a low ratio signals greater risk of loss.

Series A Cumulative Redeemable Preferred Shares financial

"sold a total of 2,500 Series A Cumulative Redeemable Preferred Shares in two trades..."

Series A cumulative redeemable preferred shares are a class of preferred stock that pays a fixed dividend which accumulates if not paid, and can be bought back by the issuer under agreed terms. Think of them as a loan-like share that sits ahead of common stock for dividend payments and in any company wind-up, giving holders more predictable income and clearer exit options; that affects a company’s cash obligations and investors’ priority.

AI-generated analysis. Not financial advice.

IRVINE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Phoenix Energy One, LLC, (“Phoenix Energy” or the “Company”), an energy company (NYSE American: PHXE.P) 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, will hold a public earnings call on Monday, May 18, 2026 at 1:30 PM PT to review first quarter operating and financial results. Curtis Allen, Chief Financial Officer, will present an overview of the Company’s oil and gas portfolio, along with a detailed review of the financial performance and more noteworthy accomplishments of the quarter.

Date:
Monday, May 18, 2026

Time:
1:30 PM PT / 4:30 PM ET

Join from PC, Mac, iPad, or Android (Audio-Only):
https://phoenixenergy.zoom.us/j/83994677555

Dial-in Number (Toll Free):
+1 309 205 3325 US

International numbers available:
https://phoenixenergy.zoom.us/u/kwsBheTVj

The earnings call replay will be available until Monday, June 1, 2026 at 2 pm PST. The audio replay will be posted to the Investors page of the Phoenix Energy website at https://phoenixenergy.com/investors/ within 24 hours of the call.

Phoenix Energy intends to file its Form 10-Q for the three month period ending March 31, 2026 on EDGAR with the Securities and Exchange Commission after market close on May 13, 2026 and prior to market opening on May 14, 2026.

About Phoenix Energy One, LLC (NYSE American: PHXE.P)

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 of North Dakota and Montana. Phoenix Energy operates under a differentiated three-pronged strategy of direct drilling, royalty acquisition, and non-operated working interests. For more information on Phoenix Energy, please visit our website at https://phoenixenergy.com/.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, which are statements regarding all matters that are not historical facts. Forward-looking statements may be identified using words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts.

Forward-looking statements are based on Phoenix Energy’s beliefs, assumptions, and expectations, taking into account currently known market conditions and other factors. Phoenix Energy’s ability to predict results or the actual effect of future events, actions, plans, or strategies is inherently uncertain and involves certain risks and uncertainties, many of which are beyond its control. Phoenix Energy’s actual results and performance could differ materially from those set forth or anticipated in its forward-looking statements. You are cautioned that the forward-looking statements contained in this press release are not guarantees of future performance, and we cannot assure you that such statements will be realized or that the forward-looking events and circumstances will occur. All forward-looking statements in this press release are made only as of the date of this press release, based on information available to Phoenix Energy as of the date of this press release, and you are cautioned not to place undue reliance on forward-looking statements considering the risks and uncertainties associated with them.

Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, and other factors, many of which are beyond our control. Management believes that these factors include but are not limited to the risk factors the Company has identified in our quarterly report(s) filed on Form 10-Q under “Risk Factors.” Risk Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company may not actually achieve the plans, intentions or expectations disclosed in such forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether because of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Contact

Company: Phoenix Energy One, LLC
Email: InvestorRelations@phoenixenergy.com
Address: 18575 Jamboree Road, Suite 830, Irvine, CA 92612
Phone: 949-416-5037

FAQ

When is the Phoenix Energy (PHXE) Q1 2026 earnings call scheduled?

The Phoenix Energy Q1 2026 earnings call is scheduled for Monday, May 18, 2026 at 1:30 PM PT. According to Phoenix Energy, the event will review first quarter operating results and financial performance for its U.S. oil and gas portfolio.

How can investors join the Phoenix Energy (PHXE) Q1 2026 earnings call?

Investors can join the Phoenix Energy Q1 2026 earnings call via Zoom or toll-free dial-in. According to Phoenix Energy, participants may use the posted Zoom link or call +1 309 205 3325 US, with international numbers available on the company’s Zoom page.

Who will present on the Phoenix Energy (PHXE) Q1 2026 earnings call?

Phoenix Energy’s Chief Financial Officer, Curtis Allen, will present on the Q1 2026 earnings call. According to Phoenix Energy, he will provide an overview of the oil and gas portfolio and a detailed review of quarterly financial performance and notable accomplishments.

Will a replay of the Phoenix Energy (PHXE) Q1 2026 earnings call be available?

Yes, a replay of the Phoenix Energy Q1 2026 earnings call will be available until Monday, June 1, 2026 at 2 PM PST. According to Phoenix Energy, the audio replay will be posted on the Investors page within 24 hours of the call.

When will Phoenix Energy (PHXE) file its Q1 2026 Form 10-Q?

Phoenix Energy intends to file its Q1 2026 Form 10-Q after market close on May 13, 2026 and before market open on May 14, 2026. According to Phoenix Energy, the filing will appear on EDGAR with the Securities and Exchange Commission.

What will be discussed during the Phoenix Energy (PHXE) Q1 2026 earnings call?

The Q1 2026 earnings call will cover operating results, financial performance, and key quarterly achievements. According to Phoenix Energy, CFO Curtis Allen will also present an overview of the company’s oil and gas exploration and production portfolio across key U.S. basins.