Product was the largest of Phoenix Energy One, LLC’s 5 reported lines in fiscal 2025, at $437.42M — 64% of $687.18M.
| Product and Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Product | — | $125.65M | $437.42M |
| Mineral & Royalty Revenues | $118.09M | $153.00M | $125.00M |
| Crude Oil | — | — | $113.42M |
| Water Services | — | $2.48M | $10.78M |
| Other Revenue | $17.00K | $101.00K | $562.00K |
| Total | $118.11M | $281.23M | $687.18M |
In fiscal 2025, which ended December 31, 2025, the 5 revenue lines Phoenix Energy One, LLC reported in this breakdown added up to $687.18M. The revenue lines reported changed from fiscal 2024, so the total is not directly comparable with the $281.23M reported that year. Product was the largest revenue line, at $437.42M or 63.7% of the total, followed by Mineral & Royalty Revenues ($125.00M, 18.2%) and Crude Oil ($113.42M, 16.5%). Together, the two largest revenue lines made up 81.8% of this total.
Compared with fiscal 2024, Product grew the fastest, rising 248.1% to $437.42M. Mineral & Royalty Revenues fell the most, down 18.3% to $125.00M. Because revenue lines were added or dropped between the two years, part of this reflects how Phoenix Energy One, LLC regrouped its reporting.
Product (fiscal 2024), Crude Oil (fiscal 2025) and Water Services (fiscal 2024) were first reported as separate revenue lines during this period. This breakdown covers every fiscal year from 2023 to 2025, as reported in Phoenix Energy One, LLC's annual filings.
Phoenix Energy One, LLC (PHXE-P) breaks its revenue down by revenue line. In fiscal 2025, its largest revenue line was Product, with $437.42M or 63.7% of the total, followed by Mineral & Royalty Revenues at $125.00M (18.2%).
Product was Phoenix Energy One, LLC's largest revenue line in fiscal 2025, with $437.42M in revenue, 63.7% of the $687.18M reported across its 5 revenue lines.
Every figure is taken from Phoenix Energy One, LLC's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2023 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.