Phoenix Energy One, LLC
Raised
$1.1B
Investors
3,049
Min Invest
$25,000
AltStreet Analysis
·Generated from EDGAR primary sources
Phoenix Energy One, LLC is a Delaware-incorporated alternative investment entity that filed an amended Form D on 2026-04-02 under Rule 506(c). The offering has raised $1.14 billion from 3,049 investors with a $25,000 minimum investment, using debt and other securities. The filing lists 10 related persons including executive officers and directors Adam Ferrari and Curtis Allen serving as promoters.
This Rule 506(c) offering represents a large-scale alternative debt investment with an unusually low $25,000 minimum, enabling broad retail participation across over 3,000 investors. The combination of debt securities, high investor count, and average check size of approximately $374,000 suggests a structured product or crowdfunded energy investment platform, atypical for institutional alternative investments.
Data Flags
Critical Disclosures
What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.
Non-reliance on previously issued financial statements · Form 1-U · March 12, 2025
Non-reliance on previously issued financial statements · Form 1-U · September 18, 2024
Change in auditor · Form 1-U · December 5, 2023
Annual financial statements for the period ended December 31, 2024, audited by RJI CPAs
Going concern: no substantial-doubt language. The figures are in the terminal.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first (15 of 77). Each opens the SEC archive folder.
AltStreet Coverage
Original reporting from AltStreet's daily EDGAR monitoring covering Phoenix Energy (formerly Phoenix Capital Group) and its filings.
All AltStreet newsIn the Terminal
Filing events
91
latest Apr 2, 2026
Critical / warning
2 / 4
12 watch · 73 info
Statements extracted
13
through Dec 31, 2024
NAV prints
0
none on file
Offering chains
8
dark, pre_sale, lapsed, raising, qualified
Latest event Sold increase · Apr 2, 2026
SEC.govInvestor
- 13 extracted financial statements: assets, liabilities, equity, revenue, net income, cash, latest for the period ended 2024-12-31
- 91 filing events with values and deltas, latest 2026-04-02, and alerts on the next one
- 8 offering timelines: velocity, share raised, first-sale lag, stalled flags
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Regulatory Activity
Filing events on this entity detected by AltStreet's EDGAR monitoring. Showing 8 of 17 tracked events.
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Severity grading, value-change deltas, and analyst notes on these filings ship in the AltStreet newsletter and the Pro terminal.
Get the signal feedAuditor of Record
As named on this issuer's SEC filings · Audited · see all issuers this firm audits
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Item 3 changed on the Form D filed 2026-04-02: 4 related persons added and 1 removed against the filing of 2025-05-15; 10 now listed. The names are in the Terminal feed.
Lindsey Wilson
Executive Officer · Irvine, CA
Curtis Allen
Executive Officer, Director, Promoter · Irvine, CA
Sean Goodnight
Executive Officer · Irvine, CA
Justin Arn
Executive Officer · Irvine, CA
Adam Ferrari
Executive Officer, Director, Promoter · Irvine, CA
David Scadden
Executive Officer · Irvine, CA
David Wheeler
Executive Officer · Irvine, CA
Daniel Ferrari
Director · Irvine, CA
Jason Allan Pangracs
Director · Irvine, CA
Jason Montgomery Wagner
Director · Irvine, CA
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Dalmore Group LLCCRD 136352 on BrokerCheck
Associated broker-dealer: None · Woodmere, NY · Soliciting in all states
Crescent Securities Group, Inc.CRD 114993 on BrokerCheck
Associated broker-dealer: None · Plano, TX · Soliciting in all states
Questions About Phoenix Energy One, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Phoenix Energy One, LLC?
Phoenix Energy One, LLC is a Delaware limited liability company that filed a Form D with the SEC on April 2, 2026 in the Oil and Gas industry group. The filing claims Rule 506(c) for an offering of debt. AltStreet links the issuer to Phoenix Energy (formerly Phoenix Capital Group).
Is Phoenix Energy One, LLC legit?
AltStreet does not rate legitimacy; it reports the public record. Phoenix Energy One, LLC filed a Form D with the SEC on April 2, 2026 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $1,140,071,000 sold to 3,049 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Phoenix Energy (formerly Phoenix Capital Group), which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Phoenix Energy One, LLC registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Phoenix Energy One, LLC claimed Rule 506(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Phoenix Energy One, LLC raised?
Phoenix Energy One, LLC reported $1,140,071,000 sold from 3,049 investors of a $2,000,000,000 total offering as of the Form D filed April 2, 2026.
Who can invest in Phoenix Energy One, LLC?
The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000.
What is the minimum investment in Phoenix Energy One, LLC?
The Form D lists $25,000 as the minimum investment accepted from any outside investor as of April 2, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Phoenix Energy One, LLC and how are they paid?
The Form D names Dalmore Group LLC (CRD 136352), associated with None; Crescent Securities Group, Inc. (CRD 114993), associated with None as recipients of sales compensation soliciting in all states. Sales commissions are reported as $90,000,000 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Phoenix Energy One, LLC?
The Form D lists 10 related persons: Lindsey Wilson, executive officer (Chief Business Officer); Curtis Allen, executive officer, director, promoter (Chief Financial Officer and Director); Sean Goodnight, executive officer (Chief Acquisition Officer); Justin Lee Arn, executive officer (Chief Land and Title Officer); Adam Lee Ferrari, executive officer, director, promoter (Chief Executive Officer and Director); David Lee Scadden, executive officer (Chief Operating Officer); David Lee Wheeler, executive officer (Chief Legal Officer); Daniel Lee Ferrari, director (Director), and 2 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Phoenix Energy One, LLC located?
The issuer's address on its SEC filings is 4643 S. Ulster Street, Suite 1510, Denver, CO 80237. Its phone number of record is 213-316-8720. It is organized under the laws of Delaware.
How long is the Phoenix Energy One, LLC offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 7 amendments are on record for this CIK.
What is Phoenix Energy One, LLC's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.