EON Resources Reports Q3 Net Income of $5.6 Million
Reuters
Nov 17
EON Resources Reports Q3 Net Income of $5.6 Million
EON Resources Inc. reported net income of $5.6 million for the third quarter of 2025. The company retired all $41 million in senior and seller debt and redeemed all preferred shares with a redemption value of $27 million, resulting in an increase in shareholder equity by $22.7 million. Revenues for the quarter remained consistent with previous quarters, with minor fluctuations in production and prices. Lease operating expenses remained steady for the Grayburg-Jackson Field, while the South Justis Field added approximately $0.5 million in operating costs following its acquisition. During the quarter, EON completed $45.5 million in funding through a volumetric funding instrument and a farmout agreement for horizontal well development in the Grayburg-Jackson Field.
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