PNX Capital https://pnxcapital.com/ Invest in Energy with PNX Wed, 18 Dec 2024 17:18:59 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 /assets/img/Phoenix-Gold-150x150.png PNX Capital https://pnxcapital.com/ 32 32 From Will County to oil country: How the Ferrari family built the rapidly growing PNX Capital https://pnxcapital.com/blog/2024/12/11/from-will-county-to-oil-country-how-the-ferrari-family-built-the-rapidly-growing-phoenix-capital-group/ Wed, 11 Dec 2024 18:32:48 +0000 https://pnxcapital.com/?p=6208 PNX Capital, founded by the Ferrari family in Will County, Illinois, has grown into a thriving oil and gas company since its official launch in 2019. Rooted in resilience and reinvention, the family overcame significant challenges, including patriarch Daniel Ferrari’s paralysis after a flu shot in 2017. Led by CEO Adam Ferrari, a chemical Read More

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PNX Capital, founded by the Ferrari family in Will County, Illinois, has grown into a thriving oil and gas company since its official launch in 2019. Rooted in resilience and reinvention, the family overcame significant challenges, including patriarch Daniel Ferrari’s paralysis after a flu shot in 2017. Led by CEO Adam Ferrari, a chemical engineer with extensive industry experience, the company initially focused on acquiring mineral rights and later expanded into drilling and production.

Instead of traditional financing, PNX leveraged the JOBS Act to raise over $700 million directly from 4,500+ individual investors, offering bonds with 10–30% monthly interest. This innovative fundraising model has paved the way for its current structure, which includes three core divisions: Mineral Rights, Operating, and Capital Markets.

Since 2019, PNX has grown from its initial foundation to a company with over 150 employees in five U.S. offices and is on track to achieve revenues between $280–$290 million in 2024, a remarkable growth of 4,000% since 2020. The launch of PNX Operating in 2023 further strengthened its production capabilities, with plans to have 34 wells online by the end of 2024, ranking it the 17th most prolific producer in the Williston Basin.

Guided by the values of resilience and hope, PNX Capital continues to expand, with plans to increase drilling, secure further financing, and improve operational efficiencies. For those interested in learning more about PNX Capital, daily webinars are available that offer insight into the company and its investment opportunities.

As with any investment, there are risks. That’s why it’s best to educate yourself and consult with a professional financial advisor about what investments are right for you.

Read the full article at Chicago Tribune

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PNX Capital Expands Capital Markets Team to Enhance Investor Experience and Drive Growth https://pnxcapital.com/blog/2024/11/21/phoenix-capital-group-expands-capital-markets-team-to-enhance-investor-experience-and-drive-growth/ Thu, 21 Nov 2024 21:27:17 +0000 https://pnxcapital.com/?p=6162 Denver, Colorado, Nov. 20, 2024 (GLOBE NEWSWIRE) — PNX Capital proudly announces the expansion of its Capital Markets team with the addition of three new licensed representatives who joined in the second half of 2024. This strategic move demonstrates PNX Capital’s commitment to delivering a world-class experience to its growing base of over Read More

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Denver, Colorado, Nov. 20, 2024 (GLOBE NEWSWIRE) — PNX Capital proudly announces the expansion of its Capital Markets team with the addition of three new licensed representatives who joined in the second half of 2024. This strategic move demonstrates PNX Capital’s commitment to delivering a world-class experience to its growing base of over 4,500 investors.

The Capital Markets team is responsible for working with investors who participate in the company’s 10–30% monthly annual yield corporate bond offerings. By expanding the team, PNX Capital reinforces its focus on investor experience and customer service, aiming to maintain its A+ rating with the Better Business Bureau and 97% investor satisfaction rate (based on recent internal surveys).

“From day one, we’ve prioritized treating our investors as part of the PNX Capital family. The expansion of this team ensures that we can continue to deliver the high levels of communication and responsiveness that our investors expect,” said Adam Ferrari, CEO of PNX Capital. “This strategic growth also supports our goals to expand PNX Operating, our wholly-owned oil and gas production division, which is essential to our long-term growth vision.”

The PNX Capital Capital Markets team not only plays an essential role with investors but also helps to drive the company’s growth objectives. The expanded team accelerates PNX’s ability to support new drilling rigs that are essential to helping the company meet its ambitious growth targets in 2025 and beyond. Recently, PNX Capital brought a second drilling rig online, which positions the company to drill an additional 30–35 new wells in 2025. Each rig, along with a full-time crew, requires an annual operational cost of approximately $300 million.

Matt Willer, Managing Director of Capital Markets, highlighted the importance of the expanded team in driving PNX’s growth strategy. “By adding seasoned professionals to our Capital Markets team, we’re not only enhancing the quality of service we provide to our investors but also strengthening our ability to support how the company secures and monetizes high-value assets in oil basins across the country,” said Willer.

The expansion of the Capital Markets team marks a pivotal step for PNX Capital, reinforcing its commitment to excellent customer service and providing investors with access to 10–30% monthly yield corporate bond opportunities. This strategic growth move aligns with PNX Capital’s mission to create value not only for its investors but also across its operations and reinforce the company’s long-term vision in the energy sector.

Read more at GlobeNewswire.com

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PNX Capital CEO Adam Ferrari Announces Continued Production Growth in the Williston Basin https://pnxcapital.com/blog/2024/11/07/phoenix-capital-group-ceo-adam-ferrari-announces-continued-production-growth-in-the-williston-basin/ Thu, 07 Nov 2024 18:59:32 +0000 https://pnxcapital.com/?p=6149 Denver, Colorado, Nov. 07, 2024 (GLOBE NEWSWIRE) — PNX Capital CEO Adam Ferrari recently shared significant milestones from the company’s Williston Basin drilling operations in North Dakota’s Bakken Formation. After releasing impressive production numbers from the company’s Nate Pad in early October, Ferrari announced the successful completion of five 3-mile horizontal wells on both Read More

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Denver, Colorado, Nov. 07, 2024 (GLOBE NEWSWIRE) — PNX Capital CEO Adam Ferrari recently shared significant milestones from the company’s Williston Basin drilling operations in North Dakota’s Bakken Formation. After releasing impressive production numbers from the company’s Nate Pad in early October, Ferrari announced the successful completion of five 3-mile horizontal wells on both the Daniele and Axel Ferrari pads. PNX is now managing 37 gross operated wells, with 32 currently in production, marking the rise of the 5-year-old company as a top producer in the basin.

The Daniele pad began producing oil on September 28, 2024, followed closely by the Axel Ferrari pad on October 26, 2024. Each well now delivers around 800 barrels of oil per day (BOPD), operating at a 40/64ths choke with a flowing tubing pressure of around 650 psi. At startup, these wells have a 1,200 PSI of shut-in tubing pressure.

At current production rates, these two pads alone are projected to generate approximately $14 million in monthly gross revenue. This revenue stream helps power PNX Capital’s commitment to reinvesting in additional drilling operations across the Bakken, aligning with the company’s long-term growth strategy of becoming one of the region’s top producers. In just the past year, PNX has gone from limited production capacity to the 17th most prolific producer in the region behind household names like Marathon.

PNX Capital CEO Adam Ferrari shared his enthusiasm surrounding the Axel and Danielle pads, stating, “Our operational success on the Axel Ferrari and Danielle pads demonstrates our team’s expertise and commitment to efficiency in the Bakken. I am continually inspired by our team’s ability to maximize both output and value for our investors and stakeholders. This announcement is another step in our journey to build a strong, resilient portfolio of producing assets.”

PNX Capital’s continued success in the Bakken reflects the company’s integrated approach to oil and gas operations, which combines mineral acquisition with active drilling. This strategy provides PNX with the flexibility to pivot based on market conditions and operational needs, an approach unique among private operators in the sector.

About PNX Capital

PNX Capital is a leading player in energy investment, specializing in oil and gas exploration and production across key basins in North America. From the beginning, PNX has been focused on maximizing value through smart, efficient operations and a commitment to responsible resource management. With a track record of operational excellence and a growing industry footprint, PNX is positioned to be a leader in the energy sector for years to come.

Read more at GlobeNewswire

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Adam Ferrari and PNX Capital Sponsor STEM and Mental Health Initiatives with West Point Society of North Texas https://pnxcapital.com/blog/2024/11/07/adam-ferrari-and-phoenix-capital-group-sponsor-stem-and-mental-health-initiatives-with-west-point-society-of-north-texas/ Thu, 07 Nov 2024 17:48:52 +0000 https://pnxcapital.com/?p=6147 DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) — Adam Ferrari, CEO of PNX Capital, announced a $2,000 sponsorship in collaboration with The West Point Society of North Texas to advance STEM education and mental health resources within the region. This sponsorship reflects Ferrari’s dedication to supporting impactful community programs that align with PNX Capital’s mission Read More

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DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) — Adam Ferrari, CEO of PNX Capital, announced a $2,000 sponsorship in collaboration with The West Point Society of North Texas to advance STEM education and mental health resources within the region. This sponsorship reflects Ferrari’s dedication to supporting impactful community programs that align with PNX Capital’s mission of giving back through education and well-being initiatives.

Founded in 2019, PNX Capital Holdings, LLC is a leading oil and gas mineral rights acquisition and investment firm dedicated to discovering untapped value for landowners across the United States. As a technology-driven organization, PNX Capital specializes in mineral acquisitions and investment opportunities.

The West Point Society of North Texas, composed of USMA graduates, is committed to building leaders of character through its focus on leadership, ethics, and STEM education. A portion of the sponsorship will fund the Society’s Leadership Ethics and Diversity in STEM (LEADS) Workshop, which prepares 7th-12th grade students to become STEM-competent leaders through hands-on activities led by West Point cadets, faculty, and subject matter experts. Students will also have the opportunity to compete for over $5,000 in scholarships, further encouraging excellence and leadership.

“Through this partnership, we are proud to support future leaders and extend opportunities to underrepresented populations in North Texas,” said Adam Ferrari. “PNX Capital is committed to investing in communities and ensuring access to education and resources that foster both personal and academic growth.”

In addition to promoting STEM learning, the event also raised funds for Compassion Neuroscience, an organization offering electromagnetic therapy to heal neurological pathways. This cutting-edge treatment provides relief to individuals struggling with conditions such as PTSD and postpartum depression, ensuring a positive impact across diverse populations, including active and retired service members.

PNX Capital’s sponsorship highlights its ongoing efforts to enhance community well-being through strategic philanthropy. “Whether through educational or mental health support, we are passionate about making a meaningful difference in the lives of individuals,” Ferrari emphasized.

Altogether, the charity event successfully raised more than $40,000, which will be directed toward providing crucial support for both STEM students and Compassion Neuroscience.

About PNX Capital
PNX Capital Holdings, LLC is dedicated to promoting meaningful community engagement and fostering positive change through strategic philanthropy. Specializing in oil and gas mineral rights acquisition, investment, and operated working interests, PNX Capital partners with landowners across the country to uncover hidden value and maximize their assets.

Under the leadership of CEO Adam Ferrari, PNX Capital supports a variety of initiatives aimed at empowering individuals and enhancing communities. With over 60 years of combined experience in the energy sector, the company is not only committed to delivering innovative solutions but also to investing in the future by supporting and equipping the next generation of STEM leaders.

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PNX Capital Relaunches Scholarship Program to Empower Future Generations of Oil and Gas Professionals https://pnxcapital.com/blog/2024/11/07/phoenix-capital-group-relaunches-scholarship-program-to-empower-future-generations-of-oil-and-gas-professionals/ Thu, 07 Nov 2024 17:46:05 +0000 https://pnxcapital.com/?p=6145 PNX Capital announces the relaunch of its scholarship program, offering a $15,000 award to a deserving student pursuing a career in the oil and gas industry. The new application deadline is December 15, 2024. DENVER–(BUSINESS WIRE)–PNX Capital Holdings, LLC, an emerging leader in domestic oil and gas production, is thrilled to announce the Read More

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PNX Capital announces the relaunch of its scholarship program, offering a $15,000 award to a deserving student pursuing a career in the oil and gas industry. The new application deadline is December 15, 2024.

DENVER–(BUSINESS WIRE)–PNX Capital Holdings, LLC, an emerging leader in domestic oil and gas production, is thrilled to announce the relaunch of the PNX Capital Scholarship. The program, first introduced last year, is designed to support students pursuing careers in the oil and gas industry by offering a $15,000 scholarship.

Eligible applicants must be full-time, first-year students currently enrolled at an accredited college or university. Students should be pursuing degrees related to the oil and gas industry, such as petroleum engineering, and must demonstrate strong academic performance, maintaining a minimum GPA of 3.5.

As part of the application process, students are required to submit both their high school GPA and, if applicable, their GPA for completed college courses. Additionally, applicants must provide a 2,000-word essay detailing their career goals in the oil and gas industry. The complete application, including the essay, must be submitted by the December 15, 2024, deadline.

Last year’s scholarship recipient, Arnoldo Montanez, a student at the Colorado School of Mines, was awarded the inaugural scholarship for his compelling vision of how the oil and gas industry can drive meaningful change. In his essay, Montanez referred to the industry as the “cornerstone of our modern civilization” and shared his personal commitment to shaping the sector’s future:

“The oil and gas industry has always captivated me, and the more I learn about it, the stronger my sense of awe and responsibility grows. This is why I am dedicated to pursuing a career as a petroleum engineer—the significance of this industry extends beyond extraction and utilization, encompassing innovation, challenges, and the potential to shape our future.”

A PNX Capital representative expressed pride in supporting students like Montanez: “Arnoldo exemplifies the passion and dedication needed to drive the future of the oil and gas sector. This scholarship underscores our commitment to fostering the next generation of industry leaders.”

Interested applicants can submit their application online through the PNX Capital Scholarship website. All required fields and the essay must be completed by December 15, 2024, to be considered.

For more information about the PNX Capital Scholarship, visit https://www.phxcapitalgroupscholarship.com/.

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PNX Capital Sets Record-Breaking Pace in the Williston Basin with Industry-Leading Drilling Efficiency https://pnxcapital.com/blog/2024/10/09/record-breaking-pace-in-the-williston-basin/ Wed, 09 Oct 2024 16:41:53 +0000 https://pnxcapital.com/?p=6012 The post PNX Capital Sets Record-Breaking Pace in the Williston Basin with Industry-Leading Drilling Efficiency appeared first on PNX Capital.

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Denver, CO – October 9, 2024 – PNX Capital Holdings, LLC (“PNX”), an emerging leader in domestic oil and gas production, and its operating division, PNX Operating LLC (also “PNX”), are proud to announce several recent drilling results within North Dakota’s prolific Williston Basin. PNX launched its operating arm in early 2023 and quickly established itself as a formidable participant by breaking long-standing drilling records and achieving impressive production growth.

Notable Achievements in Short Timeline

Before the third quarter of 2024 had ended PNX had drilled four of the five fastest wells ever drilled in the Bakken Formation, setting new standards for efficiency in the basin’s rich history of horizontal drilling. This demonstration of speed and efficiency is a significant accomplishment, considering horizontal drilling has been occurring in the basin since at least 2007.

As a standout example of the team’s commitment to efficiency, Axel Ferrari 25-36-1 4H reached a total depth of 25,175 feet in just 6.46 days from spud. This set an all-time drilling speed record in the Bakken, surpassing the prior record set by PNX Operating just weeks earlier on the Daniele pad. PNX’s speedy drilling times are a testament to its operational efficiency and the expertise of its seasoned team. Drilling speed, a critical performance indicator in the oil and gas sector, allows PNX to maximize resource extraction and minimize operational costs, strengthening its financial foundation for sustained growth.

In addition to Axel Ferrari 25-36-1 4H, other notable drilling accomplishments include the following: 

  • Daniele 26-35-2 2H: 6.52 days from spud to total depth of 25,225 feet
  • Jacobson 19-30-31 3H: 6.52 days from spud to total depth of 25,513 feet
  • Axel Ferrari 25-36-1 5H: 6.60 days from spud to total depth of 24,946 feet

PNX CEO Adam Ferrari commented, “We aim to be the most efficient operator in the Williston Basin in both cost and well performance, and these milestones demonstrate our progress toward that goal.” 

2024: A Year of Record Production

PNX has experienced unprecedented growth this year in terms of revenue, EBITDA, and most importantly, oil production. Output for H1 2024 surpassed 1.57 million barrels, eclipsing the company’s total production for 2023, which stood at 1.45 million barrels. PNX is on track to end 2024 with an exit rate of nearly 25,000 barrels of oil equivalent per day (BOEPD), of which 18,500 BOEPD will come directly from its operated wells. 

The increase in production during H1 2024 allowed PNX to climb 38 positions to become the 17th most prolific operator in the Williston Basin behind household names like Hess, EOG, Conoco, and others. Competing with major corporations demonstrates the arrival of PNX as a fixture in the basin. 

Executive Vice President of Operations David Scadden added “As of right now we are running one of the most efficient operations in the entire basin and we are going to continue pushing the envelope where possible. Our investors deserve the best and the hard-working men and women in North Dakota on Team PNX are up for the challenge.”

Future Growth and Expansions

PNX continues to expand its production capabilities and will bring up to 14 more wells online before the end of the year, bringing the total number to 34. Notable projects expected to come online include the Axel Ferrari (5 wells), Jacobson (6 wells), and Scadden South (3 wells). Each of the projects will further increase the company’s production numbers. 

“Our more than 4,500 investors and over 150 employees are aligned with PNX’s vision for the future,” added Ferrari. “We are focused on efficiency and results, driven by a best-in-class team, ensuring that PNX can deliver on its commitments at scale in the Williston Basin.”

Disclosure: Investing involves risk, including the possible loss of the money you invest. The sale of any securities is subject to investor qualification and minimum investment. Private placements are speculative and illiquid. Past performance is not indicative of future results. Forward-looking statements are made based upon our current expectations and beliefs concerning future developments and their potential effects on us. Such forward-looking statements are not guarantees of future performance, and actual results may differ materially from the results anticipated in the forward-looking statements. Investors should read the investment information, disclosures, risks, and other important information contained in our offering documents available at PHXOffering.com and consider the risks therein before investing.

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PNX Capital Secures $100 Million Financing Agreement with Fortress Investment Group https://pnxcapital.com/blog/2024/10/03/financing-agreement-with-fortress-investment-group/ Thu, 03 Oct 2024 14:40:17 +0000 https://pnxcapital.com/?p=6000 The post PNX Capital Secures $100 Million Financing Agreement with Fortress Investment Group appeared first on PNX Capital.

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PNX Capital Holdings, LLC (“PNX”) is excited to announce that it has secured a $100 million financing agreement with Fortress Investment Group (“Fortress”), a top-tier credit provider with a long history in the energy sector. This significant financial backing will fuel PNX’s continued growth and strategic expansion in key oil U.S. natural resource regions, such as the Williston Basin. 

The New York-based Fortress has long been recognized for providing large-scale financing to oil and gas companies. This investment not only validates the operational success PNX has demonstrated but also signals the company’s emergence as a major player in the energy sector.

Accelerating Growth in the Williston Basin

The financing will primarily be allocated toward expanding PNX Operating, the company’s operating arm, which has already made significant strides in North Dakota’s Williston Basin. PNX Operating has broken multiple industry records for speed and efficiency in the basin, delivering impressive results, including:

  • 3x faster completion-to-production timeline
  • 4x faster permit-to-production process
  • 5x faster spud-to-sales cycle

Supported by the financing from Fortress, PNX Operating will pursue a second drilling rig that positions the company to drill an estimated 30–35 new wells in 2025. Each rig, along with a full-time crew, requires an annual operational cost of approximately $300 million. This expansion is expected to accelerate PNX’s revenue trajectory, which reached $79.8 million in Q2 2024, marking a 96% increase from Q1 2024.

Enhanced Hedging Program with BP

Alongside the financing agreement, PNX is also updating its hedging program in partnership with British Petroleum (BP). The new hedge, which covers 2.55 million barrels of PNX’s reserves between August 2024 and July 2027, is structured to include 573,000 barrels under put options and 1.98 million barrels through swaps. This will provide PNX with increased security against oil price fluctuations and ensure stable cash flows during this period.

A Strategic Partnership for Growth

The $100 million financing from Fortress marks a key milestone in PNX’s growth story. With the company’s proven track record of turning capital into cash flow and a forward-looking strategy focused on operational efficiency, this new partnership lays the groundwork for sustained success.

Read the Full Press Release

For detailed financials and more insights into PNX Capital’s partnership with Fortress Investment Group, read the full press release.

Disclosure: Investing involves risk, including the possible loss of the money you invest. The sale of any securities is subject to investor qualification and minimum investment. Private placements are speculative and illiquid. Past performance is not indicative of future results. Forward-looking statements are made based upon our current expectations and beliefs concerning future developments and their potential effects on us. Such forward-looking statements are not guarantees of future performance, and actual results may differ materially from the results anticipated in the forward-looking statements. Investors should read the investment information, disclosures, risks, and other important information contained in our offering documents available at PHXOffering.com and consider the risks therein before investing.

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PNX Capital Announces Strong Q2 2024 Financial Results and Record-Breaking Operational Achievements https://pnxcapital.com/blog/2024/10/02/phoenix-capital-group-announces-strong-q2-2024-financial-results-and-record-breaking-operational-achievements/ Wed, 02 Oct 2024 12:56:35 +0000 https://pnxcapital.com/?p=5993 The post PNX Capital Announces Strong Q2 2024 Financial Results and Record-Breaking Operational Achievements appeared first on PNX Capital.

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PNX Capital Holdings, LLC has recently released its Q2 2024 financial results, showcasing significant growth and operational milestones. The financials demonstrate record-breaking revenue, EBITDA, and expanded production as the company continues its ascent as an emerging leader in domestic oil and natural gas production.

Financial Performance Reflects Rapid Growth

PNX Capital’s latest financial report highlights a remarkable increase in both revenue and EBITDA, demonstrating the company’s strong business model and effective strategy execution. 

Financial Highlights (January 1 – June 30, 2024):

  • Q2 Revenue: $79.8 million (up 96% from Q1)
  • H1 2024 Revenue: $120.5 million (surpassing full-year 2023 revenue of $118 million)
  • Q2 EBITDA: $38.6 million (up 294% from Q1)
  • H1 2024 EBITDA: $48.4 million (more than doubling full-year 2023 EBITDA of $22.7 million)

2024 Financial Outlook:

  • Projected Full-Year Revenue: $280 million (137% increase from 2023)
  • Projected Full-Year EBITDA: $130 million (471% increase from 2023)

Record-Breaking Operational Achievements

PNX Capital’s operational success was a key driver of its impressive financial performance. In H1 2024, the company produced 1.57 million barrels of oil, surpassing its total 2023 production of 1.45 million barrels. The company’s experience team and strategic focus on the Williston Basin allowed it to climb 38 positions to become the 17th most prolific operator in the region by June 2024.

Notable Operational Achievements:

  • Successfully drilled four of the five fastest 3-mile wells in the Bakken Formation.
  • Increased production capacity, with as many as 34 wells expected to come online by the end of 2024.

Aggressive Expansion Plans for 2024

PNX Capital remains focused on further increasing its production capabilities. The company has already brought 10 new wells online this year and expects to add up to 14 more before the year ends. Notable pads include:

  • Jean Ferrari (5 wells) – Q1 2024
  • Young (5 wells) – Q1 2024
  • Nate (5 wells) – Q3 2024
  • Daniele (5 wells) – Q3 2024
  • Axel Ferrari (5 wells) – Q4 2024 (anticipated)
  • Jacobson (6 wells) – Q4 2024 (anticipated)
  • Scadden South (3 wells) – Q4 2024 or Q1 2025 (anticipated)

Read the Full Press Release

For detailed financials and more insights into PNX Capital’s record-breaking performance, read the full Q2 2024 financial results press releases or review our public filings on the SEC’s Edgar database

Disclosure: Investing involves risk, including the possible loss of the money you invest. The sale of any securities is subject to investor qualification and minimum investment. Private placements are speculative and illiquid. Past performance is not indicative of future results. Forward-looking statements are made based upon our current expectations and beliefs concerning future developments and their potential effects on us. Such forward-looking statements are not guarantees of future performance, and actual results may differ materially from the results anticipated in the forward-looking statements. Investors should read the investment information, disclosures, risks, and other important information contained in our offering documents available at PHXOffering.com and consider the risks therein before investing.

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PNX Capital Announces Confidential Submission of Draft Registration Statement for Proposed Public Offering of Debt Securities https://pnxcapital.com/blog/2024/10/02/phoenix-capital-group-announces-confidential-submission-of-draft-registration-statement-for-proposed-public-offering-of-debt-securities/ Wed, 02 Oct 2024 11:00:54 +0000 https://pnxcapital.com/?p=5990 PNX Capital Holdings, LLC  today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed public offering of debt securities. The size and terms of the proposed offering have not yet been determined. The public offering is expected Read More

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PNX Capital Holdings, LLC  today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed public offering of debt securities. The size and terms of the proposed offering have not yet been determined. The public offering is expected to occur after the SEC completes its review process, subject to market and other conditions.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.

Read more at ABNewswire

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How Adam Ferrari, CEO of PNX Capital Holdings, is Shaping a New Era in Mineral Rights https://pnxcapital.com/blog/2024/06/07/how-adam-ferrari-ceo-of-phoenix-capital-group-holdings-is-shaping-a-new-era-in-mineral-rights/ Fri, 07 Jun 2024 18:45:51 +0000 https://pnxcapital.com/?p=5781 For years, companies in the oil and gas sector have focused on driving profits for bankers and middlemen. PNX Capital, led by CEO Adam Ferrari, is taking a different approach with the aim of transforming the industry and benefiting individual stakeholders in the process. PNX Capital’s mission is to prioritize the interests of Read More

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For years, companies in the oil and gas sector have focused on driving profits for bankers and middlemen. PNX Capital, led by CEO Adam Ferrari, is taking a different approach with the aim of transforming the industry and benefiting individual stakeholders in the process.

PNX Capital’s mission is to prioritize the interests of individual investors and landowners. The company takes a personal interest in the people and families who own the mineral assets beneath their land, reflecting the family mentality that permeates PNX Capital.

Family at the Core

Family is at the heart of everything PNX Capital does. The company has established a close-knit atmosphere at every level, aiming to improve the lives of families who own mineral rights as well as individual investors.

The Ferraris, like any family, have faced and overcome significant adversity. In 2017, Adam’s father, Daniel, was paralyzed from the neck down after a routine flu shot. Despite this tragic incident, the Ferrari family remained undeterred.

Their resilience led to the establishment of PNX Capital. Much like the mythical PNX that rises from the ashes, symbolizing hope and renewal, PNX Capital’s unique approach aims to do the same for its clients.

Unlocking Potential from the Ground Up  

PNX Capital is committed to unlocking the full, long-term potential of mineral assets. Under CEO Adam Ferrari’s leadership, the company empowers stakeholders to maximize the value of their assets and secure financial independence.

Transparency is central to PNX Capital’s operations. The company seeks to educate all landowners by providing comprehensive insights into the true value of their mineral rights assets, equipping them with the tools needed to navigate asset management intricacies.

This marks a significant departure from old industry standards, which are often shrouded in confusion and obscure the true value of assets. PNX Capital also democratizes access to high-yield investment opportunities through its Regulation A+ and Regulation D offerings.

While these bonds are not specifically targeted at landowners unless they have previously sold their land or mineral rights to PNX Capital and decided to reinvest in the company, they serve a vital purpose. Reg A+ bonds are designed to fund acquisition and operational efforts rather than generate passive income from properties. Though not highly risky, there is always an inherent element of risk involved in such investments.

This approach is backed by results. The company ended its first year in business in 2019 with $194,000 in revenue. Just four years later, in 2023, the company generated $123 million in revenue—a four-year CAGR of 402% and a year-over-year increase of 114%.

A Future of Opportunity and Prosperity 

Under Adam Ferrari’s leadership, PNX Capital is dedicated to fostering an inclusive investment environment and ushering in a new era in mineral rights. The company envisions a future where prosperity and opportunity are accessible to all, not just a select few.

Profit is not the end goal for Adam Ferrari or PNX Capital. Instead, Ferrari envisions a future where landowners and investors can create a lasting legacy of empowerment and generational wealth. By breaking down barriers and democratizing access to high-yield investment opportunities, PNX Capital seeks to create a paradigm shift in the oil and gas sector.

Read more at ceoworld.biz

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