Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Equus Total Return Inc ( (EQS) ) has shared an update.
Equus Total Return, Inc., a Houston-based business development company that operates as a closed-end fund on the NYSE under the ticker EQS, invests in a diversified portfolio that includes energy and specialty technology holdings. The firm seeks to deliver total return through a mix of equity, debt, and structured securities, with its net asset value serving as a primary barometer of performance for shareholders and the market.
On April 21, 2026, Equus reported that its net assets fell to $16.6 million as of December 31, 2025, with net asset value per share declining to $1.19 from $1.90 at September 30, 2025, extending a year-long downtrend from $2.52 at March 31 and $2.17 at year-end 2024. The steep fourth-quarter drop was driven largely by a $12.35 million decrease in the fair value of its stake in Morgan E&P, Inc., due to weaker forward oil prices and reduced reserves, partially offset by a $1.6 million gain in its position in CitroTech, Inc. after converting a 10% convertible note into equity and benefiting from a sharp rise in CITR’s share price, underscoring both the volatility and concentration risks within Equus’s portfolio for investors.
More about Equus Total Return Inc
Equus Total Return, Inc. is a business development company that trades as a closed-end fund on the New York Stock Exchange under the symbol EQS. The firm focuses on investing in and managing a portfolio of holdings across various sectors to generate total return for its shareholders, with net asset value as a key performance metric for investors and stakeholders.
Based in Houston, the company structures its investments in instruments such as convertible notes, equity stakes, and warrants. Its portfolio has included energy-related assets like Morgan E&P, Inc., as well as positions in specialized industrial and technology businesses such as CitroTech, Inc., reflecting a diversified approach to capital deployment and risk management.
Average Trading Volume: 6,583
See more insights into EQS stock on TipRanks’ Stock Analysis page.