Chatting with a few friends we think Phantom can be more fair by dividing his cloak into two abilities that use the same energy pool.
Cloak without his shield.
And shield without his cloak.
I believe this would balance him out for public play making him counterable. It just felt a bit too strong with the shield being active at the same time and that it can stop lethal damage even while nearly empty. This should allow him to keep his current stats.
EDIT: Maybe a new visual when he only uses his shield?