Phoenix Energy One, LLC

Phoenix Capital Group Holdings, LLC engages in oil and gas operations through three segments: Mineral and Non-Operating; Operating; and Securities. It uses a software system to identify, analyze, underwrite, and transact in the purchase of oil and gas assets. The Mineral and Non-Operating segment acquires mineral interests and non-operated working interests in oil and gas properties, while the Operating segment handles drilling, extraction, and production. The Securities segment is involved in capital raising activities related to its debt securities offerings. The company also sells crude oil, natural gas, and natural gas liquids, and operates in the Williston Basin (North Dakota/Montana), the Permian Basin (Texas), the Denver-Julesburg Basin (Colorado/Wyoming), and the Powder River Basin (Wyoming). It was incorporated in 2019 and is based in Irvine, California.