Phoenix Energy One, LLC (PHXE-P) Operating Expenses (2024 - 2026)

Phoenix Energy One (PHXE-P) has reported Operating Expenses for 3 consecutive years, with $242.3 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 106.87% year-over-year to $242.3 million in Q2 2026; TTM through Jun 2026 was $767.0 million, a 141.75% increase from a year earlier, with the FY2025 full-year figure at $511.6 million, up 144.98% from the prior year.
• Operating Expenses was $242.3 million for Q2 2026 at Phoenix Energy One, up from $206.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $242.3 million in Q2 2026 and troughed at $32.0 million in Q1 2024.
• A 3-year average of $117.0 million and a median of $96.9 million in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 200.3% in 2025 and jumped 106.87% in 2026, its largest moves.
• Over 3 years, Operating Expenses stood at $76.0 million in 2024, then soared by 130.36% to $175.1 million in 2025, then surged by 38.36% to $242.3 million in 2026.
• The last three Operating Expenses figures came in at $242.3 million (Q2 2026), $206.8 million (Q1 2026), and $175.1 million (Q4 2025), per Business Quant data.