Business
EON Resources Inc. Reports Management and Directors Buy 411,000 Shares of EON Class A Common Stock This Week For a Total of 1,076,000 Shares in Third Quarter of 2025
HOUSTON, TX / ACCESS Newswire / September 18, 2025 /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 / September 18, 2025 / 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 reports that part of the management team and several independent directors ("Team") purchased a combined 411,000 shares of the Company's Class A Common Stock on the open market in the last week.","length":563,"tagName":"p"},{"type":"text","content":""The Team, during a short window between the announcements in the $45.5 million funding Press Release and Farmout Press Release, and the quarter-end black-out period, was able to buy a significant number of shares," said Mitchell B. Trotter, CFO of the Company. "The recent $45.5 million funding coupled with the Farmout which provides up to $300 million in horizontal well drilling in the San Andres Formation has created tremendous value for the EON shareholder."","length":485,"tagName":"p"},{"type":"text","content":"About EON Resources Inc.EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON's approach is to build an energy company through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of " EONR" and the Company's public warrants trade under the symbol of " EONRWS". For more information on the Company, please visit the EON website.","length":683,"tagName":"p"},{"type":"text","content":"About the Grayburg-Jackson Field PropertyOur Grayburg-Jackson Field ("GJF") is primarily a waterflood property located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres with 342 producing wells, 207 injection wells and 1 water source well for a total of 550 wells. Leasehold rights include the Seven Rivers, Queen, Grayburg and San Andres intervals that range from as shallow as 1,500 ...