Phoenix Energy One, LLC - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Phoenix Energy One, LLC on November 5, 2025, covering events that occurred on November 3, 2025. The company is incorporated in Delaware and trades Series A Cumulative Redeemable Preferred Shares under the symbol PHXE.P on NYSE American LLC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and personnel changes rather than financial performance.
Material Changes
- Departure of Officer: Brandon Allen, Chief Operating Officer (COO), resigned effective immediately on November 3, 2025. The resignation is not related to any disagreement with the Company regarding operations, policies, or practices.
- Appointment of Officer: David Scadden was appointed as the new Chief Operating Officer, effective immediately on November 3, 2025.
Management Commentary and Background
Mr. Scadden, age 35, previously served as the Company's Chief Execution Officer since September 2024 and as VP of Drilling and Completions for the subsidiary Phoenix Operating LLC since February 2023. His prior experience includes roles at Chord Energy (2021-2022) and operational work across multiple basins including San Juan, Piceance, Denver-Julesburg, Eagle Ford, Granite Wash, and Williston. No new compensatory agreements, grants, or material benefits were provided to Mr. Scadden in connection with this appointment.
Investor Verification Checklist
- Confirm the immediate effectiveness of Brandon Allen's resignation and the transition of duties.
- Verify David Scadden's operational track record and prior tenure within the Phoenix Energy One organization.
- Review subsequent filings for any undisclosed compensatory arrangements or related party transactions involving the new COO.
- Monitor for any impact on operational continuity given the sudden leadership change at the COO level.