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EON Resources Reports Q1 Operating Sales Of $4.22M, Up 19% QoQ

Benzinga·10/20/2026 10:40:45
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EON Resources Inc. (NYSE:EONR) ("EON" or the "Company") is an independent upstream energy company with approximately 20,000 leasehold acres in the Permian Basin and approximately 1.2 billion barrels of original oil in place. On October 13, 2026, the Company filed its 10-Q for the first quarter of 2026, and issued a press release analyzing the first quarter results. Management believes operating performance and development milestones could support meaningful revenue growth over the coming quarters.

Key Investment Highlights

Operating revenues before derivative adjustments increased approximately 19% to $4.22 million in Q1 2026 from $3.54 million in Q4 2025.
The first two San Andres horizontal wells in which the Company maintains a 35% working interest have commenced initial flowback operations and frac-load recovery with all permanent production facilities installed and operational.
Production from the San Andres interval is currently not hedged.