EON Resources Inc. Reports Q2 2025 Revenue of $4.6 Million, Up $850K from Q4 2024

Reuters
08/19
EON Resources Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue of $4.6 Million, Up $850K from Q4 2024

EON Resources Inc. (NYSE American:EONR), an independent upstream energy company, reported its financial results for the second quarter of 2025. The company noted total revenue for the quarter was $4.6 million, representing an increase of approximately $850,000 from the fourth quarter of 2024. EON's oil revenue from production was temporarily impacted during the second quarter of 2025, but this was mitigated by the company's hedging position, recovering approximately $290,000 in cash, with 75% of the oil hedged at $70.00 per barrel. Income from operations for the quarter stood at $1.1 million. Lease operating expenses dropped to $665,000 per month for the quarter, compared to $718,000 per month for the fiscal year 2024. Capital expenditure for the second quarter was reported at $730,000. EON announced that it expects favorable funding arrangements to close in September, creating $40 million in shareholder value. The company plans to eliminate approximately $40 million in debt through an agreement with Pogo Royalty, LLC. Additionally, EON has signed an expanded non-binding Letter of Intent with Enstream Capital Management, LLC for a volumetric funding arrangement and revenue sharing amounting to $52.8 million. Operationally, EON continues to advance its horizontal drilling program, expecting to drill up to 90 wells over a three to four-year period, potentially increasing reserves by up to $100 million in value. The recent acquisition of the South Justis Field in June adds over 100 barrels of oil per day, with potential for an additional 250 barrels per day over the next year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EON Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1062583) on August 19, 2025, and is solely responsible for the information contained therein.

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