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

Phoenix Energy One (PHXE-P) recorded quarterly Operating Expenses of $206.8 million in Q1 2026, up 18.11% quarter-over-quarter from $175.1 million in Q4 2025, and up 170.08% on a YoY basis from $76.6 million in Q1 2025.

Phoenix Energy One (PHXE-P) Operating Expenses (2024 - 2026) Analysis & Trends

Phoenix Energy One's Operating Expenses history runs 3 years deep, the most recent figure standing at $206.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 170.08% year-over-year to $206.8 million; the TTM figure through Mar 2026 stood at $641.9 million (up 153.32% YoY), while the FY2025 annual figure was $511.6 million, up 144.98% from the prior year.
  • Operating Expenses was $206.8 million for Q1 2026 at Phoenix Energy One, up from $175.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $206.8 million in Q1 2026 to a low of $32.0 million in Q1 2024.
  • Historically, Operating Expenses has averaged $103.0 million across 3 years, with a median of $76.6 million in 2025.
  • Biggest YoY gain for Operating Expenses was 200.3% in 2025; the steepest drop was 120.07% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $76.0 million in 2024, then soared by 130.36% to $175.1 million in 2025, then grew by 18.11% to $206.8 million in 2026.
  • The last three Operating Expenses figures came in at $206.8 million (Q1 2026), $175.1 million (Q4 2025), and $142.8 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 206.85 Mn
Dec 31, 2025 175.13 Mn
Sep 30, 2025 142.75 Mn
Jun 30, 2025 117.14 Mn
Mar 31, 2025 76.59 Mn
Dec 31, 2024 76.03 Mn
Sep 30, 2024 47.54 Mn
Jun 30, 2024 53.23 Mn
Mar 31, 2024 32.04 Mn