secwatch.observer — SEC 8-K summary
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Issuer:     EON Resources Inc. (EONR)
CIK:        0001842556
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001213900-25-111756
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EON Resources Q3 net income $5.6M; retired $41M debt, eliminated preferred, equity up $22.7M
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- Record Q3 net income of $5.6M vs losses in Q1 and Q2; revenue $4.36M consistent.
- Closed $45.5M funding Sep 9, 2025; retired $20M senior debt and $15M seller note, eliminated $27M preferred shares.
- Shareholder equity up $22.7M to $60.9M; long-term debt reduced to $0 from $30.9M.
- Farmout with Virtus: up to 90 horizontal wells, 10-20 per year; EON retains 35% WI; NPV-10 ~$95M net to EON.
- First three wells by mid-2026; Virtus covers costs; peak gross >20,000 BOPD; EON net 7,000 BOPD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025111756/0001213900-25-111756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1842556/000121390025111756/ea0266069-8k_eonres.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-111756

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