Phoenix Energy One, LLC has successfully closed its initial public offering of Series A Cumulative Redeemable Preferred Shares and is now listed on the NYSE American LLC. A short-period initial distribution of $0.11111 per share is payable on October 15, 2025. The distribution rate and other rights of the Preferred Shares holders are outlined in the company’s Third Amended and Restated Limited Liability Company Agreement. Phoenix Energy focuses on oil and gas exploration and production in key U.S. basins, primarily the Williston Basin in North Dakota and Montana. The company operates under a strategy of direct drilling, royalty acquisition, and non-operated working interests with headquarters in Irvine, CA and offices in other locations. Contact investor relations at [email protected] or 303.376.9778 for more information.

Read more at GlobeNewswire: Phoenix Energy Announces Initial Distribution for Preferred