EON Resources Inc
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $26.7M
- Price
- $0.4785
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.64%
- Volume
- 379.0K
About
EON Resources Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 342 producing wells, as well as 207 water injection wells and one water source well covering an area of approximately 13,700 acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc. in September 2024. EON Resources Inc. was founded in 2017 and is headquartered in Houston, Texas.
Quick stats
Shares outstanding55.8M
Computed float50.4M
Float / shares90.4%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001842556
Websitehttps://www.eon-r.com
AI Summary
AI-generated1/13
standardmixedearnings
EON Resources Reports 2025 Results, Advances Transformational Permian Growth Plan
EON Resources filed its FY2025 10-K, reporting revenue of $16.9 million, down from $19.4 million in 2024, on stable production (246,557 net barrels vs 250,686) and a $13.62/bbl lower average oil price.
The balance sheet was transformed by a $45.5 million September 9, 2025 funding: year-end debt fell to approximately $3.9 million from $48.9 million, and equity attributable to EON rose to $51.2 million from $4.6 million.
The key negative was a sharp reserve-report reduction, with total reserve value dropping from $207 million to $80 million, driving roughly $5 million of additional Q4 depletion charges and a $9.1 million Q4 net loss.
Management is betting on a 92-well San Andres horizontal program, launched August 2026 at no cost to EON on the first wells, and expects reserves to recover and grow in 2026-2027.
Red flags
- Proven reserve value fell ~61% YoY from $207M to $80M on lower SEC pricing and delayed development
- Q4 2025 net loss widened to $9.1M from $5.4M a year earlier
- Cash fell to $375K from $3.0M at year end
- Reserve recovery and $100M reserve-value addition are management expectations, not yet demonstrated by horizontal well performance
- Transaction-driven G&A doubled to $6 million in 2025