earnings
confidence medium
sentiment neutral
materiality 0.60
EON Resources reports Q2 revenue $4.6M, income from operations $1.1M; announces debt restructuring and funding deals
EON Resources Inc.
2025-Q2 EPS reported
-$0.15
revenue$9,147,746
- Q2 2025 total revenue $4.6M (flat QoQ, +$850K vs Q4 2024); lease operating expenses declined to $665K/month.
- Income from operations $1.1M; interest expense $1.68M; capex $730K; G&A costs down to avg $670K/month vs $865K in FY24.
- Agreement with Pogo Royalty to eliminate ~$40M debt and purchase 10% ORRI; expected close Sept 2025; consideration $20.5M cash + 1.5M shares.
- Non-binding LOI with Enstream for $52.8M VMA expected to fund the Seller Agreement, field development, and senior debt retirement.
- Acquired South Justis Field in June for 1M shares; adds ~120 BOPD; 5,360 acres with 208 wells.
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