Phoenix Energy Set to Launch Trading on NYSE American with Ticker Symbol “PHXE.P”

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Sep 30 2025

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Source: Globenewswire

Phoenix Energy IPO Announcement: Phoenix Energy One, LLC announced that its Series A Cumulative Redeemable Preferred Shares will begin trading on NYSE American under the symbol “PHXE.P,” following a successful public offering that raised over $54 million.
Initial Distribution Details: The company will pay an initial distribution of $0.11111 per share on October 15, 2025, to shareholders of record as of October 1, 2025, with Digital Offering LLC serving as the lead selling agent for the IPO.
Company Overview: Founded in 2019 and headquartered in Irvine, CA, Phoenix Energy focuses on oil and gas exploration and production, primarily in the Williston Basin, employing a strategy of direct drilling, royalty acquisition, and non-operated working interests.
Forward-Looking Statements Disclaimer: The press release includes forward-looking statements regarding the company's operations and market position, emphasizing the inherent uncertainties and risks that could affect actual results compared to expectations.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.