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EON Resources (EONR)
:EONR
Earnings Data
Report Date
Nov 24, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
-0.67Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -10.87%
|Next Earnings Date:Nov 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented multiple strategic initiatives and improvements in infrastructure, production stabilization, and cost management. However, financial performance in 2024 was lackluster, and the company faces challenges with permitting and dependency on oil prices. The sentiment is balanced with optimism for future growth and profitability.Company Guidance
During the fiscal year 2024 earnings call, EON Resources Inc. provided a comprehensive guidance focusing on various metrics and strategic plans aimed at improving their financial position and operational capabilities. The company highlighted a significant reduction in the purchase price of a key asset from $120 million to $60 million, which holds 1 billion barrels in place. They are targeting a 50% increase in production by the end of the year, aiming to reach 1,425 barrels per day from the current 950 barrels. Furthermore, EON Resources plans to reduce $40 million in shareholder liability, with $20 million each from a seller note and preferred shares. The company is also working on acquiring a 10% royalty for $15 million, with funding secured to finalize this by June 10. In terms of operational enhancements, they have replaced 14 flow lines, 50 pumps, and improved the electrical system, resulting in a stable production environment. They intend to add 150 waterflood patterns over the next few years, producing around 20 barrels per day each, and are pursuing horizontal drilling in the San Andres formation, expecting to drill 5-6 wells annually for the next decade. Additionally, EON Resources is committed to lowering its operating costs, targeting a lifting cost of $23-$24 per barrel, and plans to make at least one acquisition in 2025. The company remains optimistic about its future, expecting a more profitable 2025 and a robust 2026, with strategic focus areas including drilling, waterflood expansion, and cost reduction initiatives.Asset Acquisition and Royalty Repurchase
EON Resources acquired an asset initially priced at $120 million, reduced to $90 million, and then to $60 million, with 1 billion barrels in place. The company plans to repurchase a 10% royalty for $15 million, which is expected to be highly accretive.
Successful Infrastructure Upgrades
Completed repairs and upgrades to field surface facilities, including replacing 14 flow lines and 50 pumps, which helped stabilize production at 950 barrels per day, with a target to increase by 50% by year-end.
Waterflood Expansion and Horizontal Drilling Plans
Plans to add 150 waterflood patterns, with funding in place to add 50 patterns per year. Horizontal drilling potential identified in the San Andres formation with plans to develop 50 wells producing 300-500 barrels of oil per day.
Cost Control and G&A Reductions
Operating expenses reduced to about $23-$24 per barrel. G&A expenses to be further reduced in 2025, with insurance and salary-related cost cuts already implemented.
Safety Achievements
No reportable safety incidents in 2024, highlighting the effectiveness of weekly safety meetings and procedures.
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EONR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EONR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $0.46 | $0.47 | +2.17% |
| Nov 18, 2024 | $1.00 | $1.06 | +6.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does EON Resources (EONR) report earnings?
EON Resources (EONR) is schdueled to report earning on Nov 24, 2025, TBA Not Confirmed.
What is EON Resources (EONR) earnings time?
EON Resources (EONR) earnings time is at Nov 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EONR EPS forecast?
Currently, no data Available
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