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EON Resources Inc. Increased Its Hedging Position to 60% for the Balance of 2026, and 50% for the First Quarter of 2027 Using Futures Contracts to Manage Risks
HOUSTON, TX / ACCESS Newswire / February 12, 2026 /EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing ...
About this update from Eon Resources Inc.
[{"type":"text","content":"HOUSTON, TX / ACCESS Newswire / February 12, 2026 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company announced it is increasing its hedging position in 2026 and 2027 to leverage future contracts to manage various risks.","length":472,"tagName":"p"},{"type":"text","content":"Hedging programs are used in the oil industry by utilizing hedging contracts (or positions) to mitigate the risks of unfavorable price movement. Typically, the hedging position level is a balance of the percentage of current production compared to the cash requirements for operating expenses and debt service requirements. There are many types of hedging contracts. EON typically uses no-cost swaps (a set price per barrel), and no-cost collars (provides a range above and below a swap to take advantage of some potential upside at an amount that has a floor for the downside).","length":578,"tagName":"p"},{"type":"text","content":"EON took advantage of higher oil price spikes in September 2025 and the last couple of weeks to lock in hedging contracts at favorable pricing. These recent contracts were all swaps and provide for an average price for oil of greater than $60.00 per barrel. EON has now established its hedging position at 60% of current oil production for the balance of 2026, and 50% for the first quarter of 2027. EON will continue to monitor oil prices to further enhance our hedging position as new production comes on line, and into the later quarters of 2027.","length":549,"tagName":"p"},{"type":"text","content":""There is no better time to buy oil properties and no better time to hedge oil," said Dante Caravaggio, President and CEO of the Company. "While we are long-term bullish, this is an election year, which means the markets may see some volatility. We can afford to build an advantageous hedge position, especially since right now EON is at the lower end of our forecasted oil production rate for the current year."","length":432,"tagName":"p"},{"type":"text","content":""EON has successfully used a target hedge price for oil of $60.00 per barrel or greater for the current 2026 a...