earnings
confidence high
sentiment neutral
materiality 0.60
EON Resources preliminary Q2: avg 835 BOPD (down ~100), cost cuts, debt restructuring, SJF acquisition update
EON Resources Inc.
2025-Q2 EPS reported
-$0.15
revenue$9,147,746
- Gross BOPD averaged 835 in Q2 (down from ~935), rebounding to 935 run-rate late June; expects +100 BOPD in August from well work.
- Cost reduction actions saved ~$130k combined in LOE, G&A, and interest expense in Q2.
- Private loan obligations exchanged for Convertible Notes, reducing current liabilities by ~$6M; debt cut ~$3M via conversions, boosting equity.
- South Justis Field acquisition completed June 20; production stable >100 BOPD from 19 wells; plans to reactivate 30 more wells targeting 250-400 BOPD.
- Horizontal drilling program on schedule for Q1 2026: 50 well locations, each expected 300-400 BOPD.
item 2.02item 9.01