Phoenix Energy Reports Q4 and Full-Year 2025 Financial Results with Record Revenue and EBITDA

Core Insights - Phoenix Energy One, LLC reported strong financial and operational results for the fiscal year ended December 31, 2025, highlighting significant year-over-year growth in revenue, net income, and production [1][4][8]. Financial Performance - Q4 2025 revenue reached $218.6 million, a 115% increase from Q4 2024, while net income was $33.3 million, up 347% year-over-year [5][6]. - For the full year 2025, total revenues were $687.2 million, compared to $281.2 million in 2024, marking a 144% increase [4][7]. - EBITDA for Q4 2025 was $147.1 million, a 207% increase from Q4 2024, and for the full year, it was $403.6 million, up from $150.7 million in 2024 [5][6][18]. Operational Highlights - The company achieved record quarterly production in Q4 2025, with net oil-equivalent production of 3,447,035 BOE, compared to 1,650,570 BOE in Q4 2024 [8]. - Average daily production for Q4 2025 was 37,880 BOE/d, significantly higher than 18,138 BOE/d in Q4 2024 [8]. - In 2025, the company placed 65 wells into production and ranked as the seventh largest crude oil producer in the Williston Basin [5][10]. 2026 Outlook - For the year ending December 31, 2026, Phoenix Energy projects revenue between $1.19 billion and $1.49 billion, with net income expected to range from a loss of $40 million to a profit of $65 million [3]. - The company anticipates total production of crude oil to be between 12.5 million and 13.6 million barrels, and natural gas production between 14.9 million and 16.3 million Mcf [3].