Welcome to our dedicated page for EON Resources news (Ticker: EONR), a resource for investors and traders seeking the latest updates and insights on EON Resources stock.
EON Resources Inc. operates as an independent upstream energy company focused on onshore oil and natural gas properties in the United States, with a current emphasis on the Permian Basin. Company updates commonly address activity at the Grayburg-Jackson Field, San Andres development and recompletion work, waterflood recovery programs, commodity-price hedging, and acquisition or financing themes tied to oilfield development.
News also includes earnings-call announcements, shareholder communications, board and committee changes, and NYSE American listing-compliance matters related to EONR Class A common stock and public warrants.
EON Resources (NYSE American:EONR) outlined a 2026–2030 growth strategy targeting 10,000 BOPD by end-2030, up from over 1,000 BOPD today.
The plan includes annual capex of about $75M: $25M for drilling, $35M for acquisitions, $10M for workovers and waterflood expansion, and $5M for other capex, largely funded through farmouts and debt rather than equity.
EON Resources (NYSE American:EONR)/b) updated its 2026 Permian Basin drilling program. The company, through subsidiary LHO, holds 20,000 leasehold acres producing about 1,050 BOPD. LHO averages 950 BOPD from the Seven Rivers formation and 100 BOPD from South Justis waterflood operations.
Phase 1 of a planned 92-well horizontal program in the San Andres formation has begun, with regulatory approval for the first three horizontal wells targeted to spud in July 2026. LHO holds a 35% working interest. According to EON, 10 new horizontal wells are anticipated by year-end 2026, with results expected in Q1 2027.EON Resources (NYSE American:EONR), an upstream energy company with 20,000 Permian Basin acres and about 1,000 barrels per day of production from 750 wells, will present at Planet MicroCap Las Vegas 2026 on June 17, 2026, 9:00 a.m. local time at Bellagio Resort & Casino.
Management plans to discuss efforts to raise up to $100 million for a 92-well horizontal drilling program, reactivating idle wells, and expanding over 150 new waterflood patterns, which EON expects could lift production to 2,500 barrels per day within a year.
EON Resources (NYSE American: EONR) received a notice from NYSE American on April 16, 2026 that it is not in compliance due to failure to timely file its Form 10-K for fiscal 2025. The company has six months from April 15, 2026 to regain compliance by filing the Form 10-K.
The NYSE Notice does not have an immediate effect on the listing of Class A common stock or public warrants. The company cites additional time and resources needed to complete financial close procedures and currently expects to file within the six-month cure period, but provides no assurance.
EON Resources (NYSE American:EONR) will host a fiscal year 2025 earnings Webcast and teleconference on Tuesday, April 28, 2026 at 2:30 pm EDT to review results for the year ended December 31, 2025.
Presenters include Dante Caravaggio (President & CEO), Mitchell B. Trotter (CFO) and Jesse Allen (VP Operations). The live audio webcast and slides will be available via the company website; replay and deck details are provided, with the webcast replay expiring April 28, 2027.
EON Resources (NYSE American: EONR) says higher oil prices tied to the Iran conflict allowed it to hedge 75% of net production through 2027, access favorable bank lending, and accelerate drilling, workovers and acquisitions in 2026. The company plans to add 500 net BOPD in four months and 1,000 net BOPD by year-end 2026, funded largely by EON's 35% working interest and an expected $14 million capital outlay for Q4 drilling.
The release highlights completed pipeline repairs, resumed waterflood operations, submitted permits, and farmout arrangements that reduce near-term drilling cost to EON.
EON Resources (NYSE American: EONR) unveiled its 2026 drilling and production plan centered on the San Andres formation. The company will recomplete 5 vertical wells at an estimated $2.0 million total, then participate in a farmout to drill 92 horizontal wells (first phase: 10 wells).
Horizontals are budgeted at $3.5 million each; initial three permits filed with BLM/New Mexico with expected approval within 90 days. EON forecasts 500 BOPD net from the 5 recompletions plus first three horizontals and cites potential incremental revenue ~$1.3M/month at $90/barrel.
EON Resources (NYSE American: EONR) expanded its oil hedging program to cover base needs through 2027, filling a 24-month position after recent price spikes. The next 15 months are ~75% hedged and the final nine months of 2027 are >50% hedged; ~12% of 2026 hedges exceed $70/bbl.
The company expects production growth from a San Andres horizontal drilling program: three wells online by end of July 2026, ~10 wells by year-end, 35% working interest, and a Q2 2026 net production lift of 100–300 barrels/day.
EON Resources (NYSE American: EONR) increased its oil hedging to 60% of current production for the balance of 2026 and 50% for Q1 2027 using futures-based swaps and collars. Recent swaps lock an average oil price of greater than $60.00 per barrel. The company produces over 1,000 barrels per day from 750 wells across 20,000 leasehold acres in the Permian Basin and plans further hedging as new production comes online.
EON Resources (NYSE American: EONR) announced on January 27, 2026 the appointment of Kyle Bulpitt, age 33, as an independent director, replacing Byron Blount who retired effective December 31, 2025. Bulpitt is a petroleum engineer with experience in debt and equity financing, acquisitions and divestitures, financial modeling, asset backed securitization, and reservoir engineering. He currently serves as Executive Vice President for Corporate Development at Aethel Energy and previously worked on ABS issuances and as a reservoir engineer at ConocoPhillips. Management states Bulpitt will support the company’s next stage of financing and acquisitions; Blount remains an investor in EON stock.