EON Resources Inc. reported record net income of $5.6 million for the quarter of third quarter 2025.
The company retired all $41 million of senior and seller debt as well as all preferred shares with a redemption value of $27 million.
Shareholder equity was increased by $22.7 million.
Record Net Income
$5.6 million net income reported for the quarter.
Debt Retirement
Retired $41 million of senior and seller debt and $27 million of preferred shares.
Equity Increase
Shareholder equity raised by $22.7 million.
- The completion of a $45 million funding has positioned the company for expansion and growth, strengthening its balance sheet.
- Entering into a Farmout Agreement with Virtus for the development of San Andres formation is expected to drive growth and profitability over the coming years.
EON Resources Inc.'s strategic financial decisions and agreements indicate a positive outlook for future growth and profitability in the energy sector.