EON Resources Inc.
Business
EON Resources Inc. is an independent oil and gas exploration and production company that acquired Pogo Resources and operates producing working interests through its OpCo and subsidiaries. It produces and develops crude oil and natural gas and manages associated royalty and overriding royalty interests, waterflood and well work-over programs, and related field operations. Its key business organization includes OpCo (HNRA Upstream), Pogo Resources (operated through LH Operating, LLC), HNRA Royalties and related SPAC subsidiaries. EON’s activities are concentrated in the Permian Basin’s Northwest Shelf (Eddy County, New Mexico) and marketed through customary oil and gas midstream and sales channels in North America.
Summary from filing dated 2025-04-16
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2024 2024-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|
| Gain (loss) on derivative instruments, net | −850,374 | −5 | — | |
| Other revenue | 487,109 | 255,952 | — | |
| Total revenues | 19 | 35 | — | |
| Production taxes, transportation and processing | 2 | 3 | — | |
| Lease operating | 9 | 8 | — | |
| Depletion, depreciation and amortization | 2 | 2 | — | |
| Accretion of asset retirement obligations | 144,988 | — | — | |
| General and administrative | 10 | 3 | — | |
| Acquisition costs | — | — | — | |
| Total expenses | 23 | 18 | — | |
| Operating income (loss) | −4 | 17 | −13,782 | |
| Change in fair value of warrant liability | −804,004 | — | — | |
| Change in fair value of convertible note liability | −192,744 | — | — | |
| Change in fair value of FPA liability | 561,099 | — | — | |
| Amortization of debt discount | −2 | — | — | |
| Interest expense | −8 | — | — | |
| Interest income | 58,793 | — | — | |
| Gain on extinguishment of liabilities | 2 | — | — | |
| Loss on sale of assets | — | — | — | |
| Other Income (expense) | 36,989 | 13,238 | — | |
| Total other income (expenses) | −9 | 937,178 | — | |
| Loss before income taxes | −13 | 18 | — | |
| Income tax provision (benefit) | 3 | — | — | |
| Net income (loss) | −9 | 18 | — | |
| Net income (loss) attributable to noncontrolling interests | — | — | — | |
| Net income (loss) attributable to HNR Acquisition Corp. | −9 | 18 | −13,782 | |
| Weighted average share outstanding, common stock - basic (in Shares) | 6 | — | — | |
| Weighted average share outstanding, common stock - diluted (in Shares) | 6 | — | — | |
| Net income (loss) per share of common stock basic (in Dollars per share) | −1.4 | — | — | |
| Net income (loss) per share of common stock diluted (in Dollars per share) | −1.4 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-10-31 | FY 2022 2022-12-31 | FY 2022 2022-04-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 4 | 3 | — | — | |
| Accounts receivable | — | — | — | — | — | |
| Crude Oil and natural gas sales | 2 | 2 | — | 3 | — | |
| Other | 4,418 | 90,163 | — | 201,669 | — | |
| Short-term derivative instrument asset | 106,397 | 391,488 | — | — | — | |
| Prepaid expenses and other current assets | 298,886 | 722,002 | — | 395,204 | — | |
| Total current assets | 5 | 7 | — | 5 | — | |
| Proved Properties | 100 | 94 | — | 65 | — | |
| Accumulated depreciation, depletion, amortization and impairment | −3 | −352,127 | — | −10 | — | |
| Total oil and natural gas properties, net | 98 | 94 | — | 55 | — | |
| Other property, plant and equipment, net | 20,000 | — | — | — | — | |
| Long-term derivative instrument asset | — | 76,199 | — | — | — | |
| TOTAL ASSETS | 103 | 101 | — | 65 | — | |
| Accounts payable | 9 | 4 | — | 1 | 900,000 | |
| Accrued liabilities and other | 8 | 4 | — | — | — | |
| Revenue and royalties payable | 3 | 461,773 | — | — | — | |
| Revenue and royalties payable - Related Parties | 132,563 | 2 | — | — | — | |
| Deferred underwriting fee payable | 1 | 1 | — | — | — | |
| Current portion of warrant liability | 6 | — | — | — | — | |
| Current portion of long term debt | 6 | 4 | — | — | — | |
| Forward purchase agreement liability | — | 1 | — | — | — | |
| Total current liabilities | 36 | 20 | — | 4 | — | |
| Long-term debt, net of current portion and discount | 33 | 37 | — | 27 | — | |
| Warrant liability | — | 5 | — | — | — | |
| Convertible note liability | 891,364 | — | — | — | — | |
| Deferred tax liability | 3 | 6 | — | — | — | |
| Asset retirement obligations | 1 | 904,297 | — | 4 | — | |
| Other liabilities | 675,000 | 675,000 | — | — | — | |
| Total for non-current liabilities | 39 | 50 | — | 32 | — | |
| Total liabilities | 75 | 70 | — | 36 | — | |
| Commitments and Contingencies | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 1,000,000 authorized shares, 0 shares issued and outstanding at December 31, 2024 and 2023, respectively | — | — | — | — | — | |
| Additional paid in capital | 31 | 16 | — | — | — | |
| Accumulated deficit | −28 | −19 | — | — | — | |
| Total stockholders equity (deficit) attributable to HNR Acquisition Corp | 3 | −3 | — | 29 | — | |
| Noncontrolling interest | 25 | 33 | — | — | — | |
| Total stockholders equity | 28 | 31 | −20 | 29 | — | |
| Total liabilities and stockholders equity | 103 | 101 | — | 65 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2024 2024-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|
| Accretion of asset retirement obligations | 144,988 | — | — | |
| Equity-based compensation | 3 | 6,394 | — | |
| Deferred income tax benefit | −3 | — | — | |
| Amortization of operating lease right-of-use assets | — | — | — | |
| Amortization of debt issuance costs | 2 | 3,676 | — | |
| Change in fair value of unsettled derivatives | 361,290 | −2 | — | |
| Change in fair value of convertible note liability | 192,744 | — | — | |
| Change in fair value of forward purchase agreement | −561,099 | — | — | |
| Change in other property, plant, and equipment, net | — | — | — | |
| Accounts receivable | 411,240 | −243,940 | — | |
| Prepaid expenses and other assets | 423,116 | −132,809 | — | |
| Related party note receivable interest income | — | — | — | |
| Accounts payable | 3 | — | — | |
| Accounts payable related parties | −316,651 | — | — | |
| Accrued liabilities and other | 3 | — | — | |
| Royalties payable | 3 | 10,248 | — | |
| Royalties payable, related party | 109,425 | −2 | — | |
| Net cash provided by operating activities | 4 | 19 | −86,707 | |
| Development of crude oil and gas properties | −4 | −17 | — | |
| Purchases of other equipment | −20,000 | — | — | |
| Acquisition of business, net of cash acquired | — | — | — | |
| Trust Account withdrawals | — | — | — | |
| Issuance of related party note receivable | — | −4 | — | |
| Net cash provided by (used in) investing activities | −4 | −21 | — | |
| Proceeds from issuance of long-term debt | — | 8 | — | |
| Payment of debt issuance costs | — | −3 | — | |
| Repayments of long-term debt | −4 | — | — | |
| Proceeds of short-term notes payable | 1 | — | — | |
| Repayment of short-term notes payable | −989,018 | — | — | |
| Proceeds from related party notes payable | 450,000 | 100,000 | 63,200 | |
| Repayment of related party notes payable | −62,750 | — | — | |
| Proceeds from sale of common stock | 3 | — | 100,000 | |
| Redemptions of common stock | — | — | — | |
| Net cash used in financing activities | −659,520 | 3 | 100,450 | |
| Net change in cash and cash equivalents | −533,896 | — | — | |
| Interest on debt | 6 | — | — | |
| Income taxes | — | 847,968 | — | |
| Amounts included in the measurement of operating lease liabilities | — | 151,655 | — | |
| Operating lease assets obtained in exchange for operating lease obligations | — | 46,528 | — | |
| Accrued purchases of property and equipment at period end | 3 | 663,954 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EON Resources Inc.'s CIK number?
EON Resources Inc.'s SEC CIK number is 0001842556 (1842556). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EON Resources Inc.'s SEC filings?
All of EON Resources Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EON Resources Inc. last report earnings?
EON Resources Inc. (EONR-WT) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-048483). This is EON Resources Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is EON Resources Inc.'s most recent earnings 8-K?
EON Resources Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001213900-26-048483. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View EON Resources Inc.'s latest earnings 8-K →
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