Phoenix Capital Group, 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, Phoenix leveraged the JOBS Act to raise over $700 million directly from 4,500+ individual investors, offering bonds with 9–13% annual 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, Phoenix 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 Phoenix 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, Phoenix Capital Group continues to expand, with plans to increase drilling, secure further financing, and improve operational efficiencies. For those interested in learning more about Phoenix Capital Group, 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.