{"filing":{"accession_number":"0001193125-26-428937","cik":"0001818643","ticker":"PHXE-P","company_name":"Phoenix Energy One, LLC","form":"8-K","filing_date":"2026-10-22","report_date":"2026-10-21","primary_document":"ck0001818643-20261009.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1818643/000119312526428937/ck0001818643-20261009.htm"},"events":[{"id":37250,"run_id":34341,"accession_number":"0001193125-26-428937","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Amendment No. 11 to the Company's Senior Secured Credit Agreement permits issuance of secured junior lien notes and amends certain covenants, including a waiver of the Current Ratio requirement through December 31, 2026, signaling material changes to the Company's capital structure and financial obligations.","company_name":"Phoenix Energy One, LLC","ticker":"PHXE-P","filing_date":"2026-10-22","form":"8-K","submitted_at":null,"items":[{"id":41903,"accession_number":"0001193125-26-428937","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses Amendment No. 11 to the Company's Senior Secured Credit Agreement, which permits issuance of secured junior lien notes and amends certain covenants, including a waiver of the Current Ratio requirement through December 31, 2026. While the amendment itself is the primary action, the authorization to issue junior lien debt and the covenant waiver (particularly the Current Ratio waiver) signal material changes to the Company's capital structure and financial obligations. This is material to investors assessing the registrant's leverage and liquidity position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-22T20:17:19.621666+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":37251,"run_id":34341,"accession_number":"0001193125-26-428937","anchor_item_number":"5.02","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"Executive officers and employees acquire non-operating working interests in oil and gas wells through the Wellbore Participation and Assignment Plan, providing equity-like interests in well operations and cost-sharing arrangements that align compensation with company performance across 38 wells in North Dakota and Montana.","company_name":"Phoenix Energy One, LLC","ticker":"PHXE-P","filing_date":"2026-10-22","form":"8-K","submitted_at":null,"items":[{"id":41904,"accession_number":"0001193125-26-428937","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes a compensatory arrangement under Item 5.02(e) whereby executive officers and employees acquire non-operating working interests in oil and gas wells through the Wellbore Participation and Assignment Plan. The Plan provides participants with equity-like interests in well operations, net revenue interests, and cost-sharing arrangements that align compensation with company performance—a classic executive incentive structure. The materiality stems from the involvement of all executive officers and the substantial economic exposure (38 wells across North Dakota and Montana).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-22T20:17:19.621666+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":41903,"accession_number":"0001193125-26-428937","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses Amendment No. 11 to the Company's Senior Secured Credit Agreement, which permits issuance of secured junior lien notes and amends certain covenants, including a waiver of the Current Ratio requirement through December 31, 2026. While the amendment itself is the primary action, the authorization to issue junior lien debt and the covenant waiver (particularly the Current Ratio waiver) signal material changes to the Company's capital structure and financial obligations. This is material to investors assessing the registrant's leverage and liquidity position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-22T20:17:19.621666+00:00","company_name":"Phoenix Energy One, LLC","ticker":"PHXE-P","filing_date":"2026-10-22"},{"id":41904,"accession_number":"0001193125-26-428937","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes a compensatory arrangement under Item 5.02(e) whereby executive officers and employees acquire non-operating working interests in oil and gas wells through the Wellbore Participation and Assignment Plan. The Plan provides participants with equity-like interests in well operations, net revenue interests, and cost-sharing arrangements that align compensation with company performance—a classic executive incentive structure. The materiality stems from the involvement of all executive officers and the substantial economic exposure (38 wells across North Dakota and Montana).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-22T20:17:19.621666+00:00","company_name":"Phoenix Energy One, LLC","ticker":"PHXE-P","filing_date":"2026-10-22"}]}