News · 26 weeks9-50%
2026-02-012026-07-26
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25 items- NEWSEON Resources Inc. Announces Results of Engineering and Petrophysics Study in Its South Justis UnitAnticipated 13 million barrels of oil recoverable at 10,000 BOPD Peak Rate with an average 700 BOPD per well with 21 wells HOUSTON, TX / ACCESS Newswire / July 27, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent oil and gas company operating in the prolific Permian Basin, the highest oil and gas producing area in the United States. EON operates two fields with approximately 20,000 leasehold acres producing over 1,100 barrels of oil per day ("BOPD").The Company today announced the same in-house technical team that identified the San Andres formation potential in our Grayburg-Jackson Field in Eddy County, New Mexico, which resulted in a 92-well, $330 million dr
- NEWSEON Resources Inc. Announces Growth Strategy and Capex Funding for 2026-2030HOUSTON, TX / ACCESS Newswire / June 30, 2026 / EON Resources, Inc. (the "Company" or "EON") (NYSE:EONR) is an independent upstream energy company with working interest ownership by subsidiaries of the Company in two fields in the prolific Permian Basin in Southeast New Mexico comprised of 20,000 leasehold acres. The fields produce over 1,000 aggregate barrels of oil per day. Today the Company announced its 2026-2030 growth strategy and capital expenditure ("capex") funding.Our corporate Vision is to achieve 10,000 barrels of oil per day ("BOPD") by the end of 2030. In each of the years 2026 - 2030, we plan to add one $30MM to $40MM acquisition per year together with the drilling and complet
- NEWSEON Resources, Inc. Announces an Update on Its 2026 Drilling Program• 3 successful vertical well recompletions into the San Andres Formation testing completion methods• Phase 1 of a 92-well drilling program commenced with regulatory approval for first three horizontal wells• 10 new horizontal wells anticipated to be drilled in San Andres Formation by year-end 2026 HOUSTON, TX / ACCESS Newswire / June 26, 2026 / EON Resources, Inc. (the "Company" or "EON") (NYSE:EONR) is an independent upstream energy company with two fields in the prolific Permian Basin in Southeast New Mexico held by its wholly owned subsidiary, LH Operating, LLC ("LHO"), comprising 20,000 leasehold acres; the fields produce over 1,000 barrels of oil per day. Today the Company and LHO provi
- NEWSEON Resources Inc. Announces Notice of Failure to Satisfy a Continued Listing Rule or StandardHOUSTON, TX / ACCESS Newswire / April 22, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced that on April 16, 2026, the Company received a notice (the "NYSE Notice") from the NYSE American LLC (the "NYSE American") that the Company is not in compliance with NYSE American listing standards as a result of its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Form 10-K") with the Securities and Exchange Co
- NEWSEON Resources Inc. Announces Fiscal Year 2025 Earnings Call to be held Tuesday, April 28, 2026HOUSTON, TX / ACCESS Newswire / April 15, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced it will hold a Webcast (audio with presenters and slides) and teleconference call on Tuesday, April 28, 2026, at 2:30 pm EDT to review EON's financial results for the fiscal year ended December 31, 2025.Dante Caravaggio, President and CEO of EON, will chair the call. Mitchell B. Trotter, CFO, and Jesse Allen, Vice President of Operations, will also speak with shareh
- NEWSEON Resources Inc. Announces Iran Conflict has Accelerated Drilling, Workover and Acquisition PlansHOUSTON, TX / ACCESS Newswire / April 8, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced that the Company took advantage of the latest spike in oil prices over $110 to fully hedge 75 percent of net production through 2027. This action facilitates favorable lending rates from conventional banks for potential capital raises for the acceleration of workovers, drilling and acquisitions in 2026.The impact of the Iranian conflict has driven oil prices up over
- NEWSEON Resources Inc. Announces Its 2026 Drilling Program Commencing with Recompletion of 5 Wells in the San Andres, and 3 of 92 New San Andres Horizontal WellsHOUSTON, TX / ACCESS Newswire / March 19, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced its drilling and production plan for 2026.The company has selected 5 existing vertical wells to recomplete into the San Andres formation to test various completion methods ahead of the planned drilling of 92 new horizontal wells. These well recompletions will be reported in the second quarter at a total estimated cost of $2 million to perforate and frac the 5 wells.
- NEWSEON Resources Inc. Locks in Hedging with the Oil Price Spikes through 2027 Stage Set for Planned Production GrowthHOUSTON, TX / ACCESS Newswire / March 11, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the expansion of its oil hedging position to fill out its base needs for all of 2026 and 2027. This expansion is in addition to EON's hedging status announced in the February 12, 2026 hedging press release. The current hedging position sets the stage for supporting the hedging needs as production increases under the horizontal drilling program announced in the Septe
- NEWSEON Resources Inc. Increased Its Hedging Position to 60% for the Balance of 2026, and 50% for the First Quarter of 2027 Using Futures Contracts to Manage RisksHOUSTON, TX / ACCESS Newswire / February 12, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced it is increasing its hedging position in 2026 and 2027 to leverage future contracts to manage various risks.Hedging programs are used in the oil industry by utilizing hedging contracts (or positions) to mitigate the risks of unfavorable price movement. Typically, the hedging position level is a balance of the percentage of current production compared to the cash
- NEWSEON Resources Inc. Announces Newly Appointed Independent Director - Kyle BulpittHOUSTON, TX / ACCESS Newswire / January 27, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the appointment of Kyle Bulpitt, age 33, to the board of directors as an independent director. Mr. Bulpitt replaces Byron Blount, who retired from the board of as of December 31, 2025."Kyle is a great replacement for Byron on the board and we look forward to his involvement and contribution to the EON team," said Dante Caravaggio, President and CEO of the Company.
- NEWSEON Resources Inc. - Chairman and CEO Issues Letter to ShareholdersHOUSTON, TEXAS / ACCESS Newswire / January 21, 2026 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company's Chairman and CEO issue a letter to the shareholders concerning a recap of events involving EON in calendar year 2025.The letter can be found on the EON website under the Governance section of the Investor Relations page. Link: EON Shareholder Letters and the EON website link: www.EON-R.comAbout EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas proper
- NEWSEON Resources Inc. Reports Management and Directors Buy an Additional 282,000 Shares of EON Class A Common Stock for a Total of 1,561,000 Shares Bought in 2025 and a Total Ownership of Over 5 million SharesHOUSTON, TEXAS / ACCESS Newswire / December 22, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports that part of the management team and several independent directors ("Team") purchased a combined 282,000 shares of the Company's Class A Common Stock on the open market in the past three weeks.The Team is restricted from buying stock under black-out periods for significant blocks of time through-out the year. After a certain number of days have passed from the f
- NEWSEON Resources Inc. Posts Q3 2025 Earnings Call Deck to the Company WebsiteHOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted the third quarter of 2025 earnings call deck to the Company's website: https://www.eon-r.com/presentations.About EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in a diversified portfolio of long-life producing oil and natural
- NEWSEON Resources Inc. Announces 3rd Quarter 2025 Earnings Call to be held Tuesday, November 18, 2025Management Will Be Discussing Its Financial Results, Sources and Uses of Funding of $40.5 Million Closed on September 9, 2025, and Accomplishments and Plans for the Remainder of 2025 HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres comprised of two fields and 700 total producing and injection wells which it operates with 1,000 barrels a day of oil produced in the Permian Basin in southeast New Mexico. Today, the Company announced it will hold a Webcast (audio with presenters and slides) and teleconference call on Tuesday, November 18, 2025, at 2:30 pm EST to rev
- NEWSEON Resources Inc. Reports Results for the Third Quarter of 2025Record Net Income of $5.6 Million for the Quarter; Retired All $41 Million of Senior and Seller Debt; Retired All Preferred Shares with Redemption Value of $27 Million; and Increased Shareholder Equity by $22.7 Million HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports revenue and earnings for the third quarter of 2025.Key third quarter highlights:On September 9, 2025, $45.5 million of funding closed with the si
- NEWSEON Resources Inc. Posts Funding and Farmout Call Deck to the Company WebsiteHOUSTON, TX / ACCESS Newswire / September 30, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted an investor deck regarding the September 9, 2025 Funding and the Farmout of San Andres rights for the horizontal drilling program to the Company's website: https://www.eon-r.com/presentations.About EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natura
- NEWSEON Resources Inc. Announces Special Conference Call Tuesday, September 30, 2025, at 2:30 pm Eastern Time To Discuss $45.5 million of Funding and the Farmout AgreementHOUSTON, TX / ACCESS Newswire / September 24, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. The Company announced today that it will hold a special conference call to update and educate investors regarding the recent funding and horizontal drilling farmout agreement ("Farmout").On September 9, 2025, EON closed on $45.5 million of funding with the simultaneous settlement of Seller obligations and retirement of senior debt, and the Farmout of San Andres rights for a horizontal drill
- NEWSEON Resources Inc. Reports Management and Directors Buy 411,000 Shares of EON Class A Common Stock This Week For a Total of 1,076,000 Shares in Third Quarter of 2025HOUSTON, TX / ACCESS Newswire / September 18, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports that part of the management team and several independent directors ("Team") purchased a combined 411,000 shares of the Company's Class A Common Stock on the open market in the last week."The Team, during a short window between the announcements in the $45.5 million funding Press Release and Farmout Press Release, and the quarter-end black-out period, was able to b
- NEWSEON Resources Inc. Chairman and CEO Issues Letter to ShareholdersHOUSTON, TX / ACCESS Newswire / September 18, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company's Chairman and CEO issues a letter to the shareholders on current business activity and plans.The shareholder letter can be found on the EON website under the Investor Relations page. Link: EON Shareholder Letters and the EON website link: www.EON-R.comAbout EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its sharehol
- NEWSEON Resources Inc. Announces Farmout of San Andres Rights to Virtus Energy Partners, LLC $300+ million San Andres Horizontal Drilling Program Up to 90 Wells with a Reserve Value Estimated at $95+ million in Net PV-10HOUSTON, TX / ACCESS Newswire / September 11, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the entering into a Farmout Agreement (the "Farmout") with a subsidiary of Virtus Energy Partners, LLC ("Virtus") on September 9, 2025.Under the Farmout, Virtus acquired the right to develop the Company's San Andres formation within the Grayburg Jackson Field ("GJF") where it believes as many as 90 horizontal drilling locations are prospective. Virtus will be th
- NEWSEON Resources Inc. Announces $45.5 million of Funding Closed with the Simultaneous Settlement of Seller Obligations and Retirement of Senior DebtHOUSTON, TX / ACCESS Newswire / September 10, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced the successful closing of total funding of $45.5 million yesterday, September 9, 2025, through a combination of volumetric funding instrument ("VMA") and a farmout of the Company's San Andres rights across its leasehold to a subsidiary of Virtus Energy Partners, LLC ("Virtus").$40.5 million of the funding was provided by a private family office that invests dire
- NEWSEON Resources Inc. Reports Management and Directors Purchased 364,000 Shares of EON Class A Common StockHOUSTON, TX / ACCESS Newswire / August 27, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres comprised of two fields in the Permian Basin in southeast New Mexico. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports that part of the management team and several independent directors ("Team") purchased a combined 364,000 shares of the Company's Class A Common Stock on the open market in the last week."The Team is restricted from buying stock under black-out periods for significant blocks of time through-out the year. After a certain
- NEWSEON Resources Inc. Posts Updated Investor Deck and Q2 2025 Earnings Call Deck to the Company WebsiteHOUSTON, TX / ACCESS Newswire / August 19, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is independent upstream energy company with 20,000 leasehold acres comprised of two fields in the Permian Basin in southeast New Mexico. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company posted an updated investor deck and the second quarter of 2025 earnings call deck to the Company's website: https://www.eon-r.com/presentationsAbout EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properti
- NEWSEON Resources Inc. Announces Results for the Second Quarter of 2025HOUSTON, TX / ACCESS Newswire / August 19, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is independent upstream energy company with 20,000 leasehold acres comprised of two fields in the Permian Basin in southeast New Mexico. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports revenue and earnings for the second quarter of 2025.Positioned to Retire Senior Debt and Seller Settlement: Favorable funding arrangements expected to close in September creating $40 million in shareholder value.The Company entered into an agreement (as amended, the "Seller Agreement") with Pogo Royalty, LLC ("Seller"), wh
- NEWSEON Resources Inc. - 2nd Quarter 2025 Earnings Call on Tuesday, August 19, 2025Management Will Be Discussing Its Financial Results, Accomplishments and Plans for the Remainder of 2025, and Update on the Funding for the Seller Agreement and Debt Payoff HOUSTON, TX / ACCESS Newswire / August 15, 2025 / EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres comprised of two fields and 700 total producing and injection wells which it operates with 1,000 barrels a day of oil produced in the Permian Basin in southeast New Mexico. Today, the Company announced it will hold a conference call on Tuesday, August 19, 2025, at 2:30 pm EST to review EON's financial results for the second quarter/six months ended
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