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EON Resources Inc. (EONR)EONR

Upturn stock ratingUpturn stock rating
EON Resources Inc.
$0.87
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

12/06/2024: EONR (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -38.16%
Upturn Advisory Performance Upturn Advisory Performance1
Avg. Invested days: 66
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 12/06/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -38.16%
Avg. Invested days: 66
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/06/2024
Upturn Advisory Performance Upturn Advisory Performance1

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 6.03M USD
Price to earnings Ratio -
1Y Target Price 6
Dividends yield (FY) -
Basic EPS (TTM) -0.08
Volume (30-day avg) 238260
Beta -0.89
52 Weeks Range 0.69 - 6.00
Updated Date 10/26/2024
Company Size Small-Cap Stock
Market Capitalization 6.03M USD
Price to earnings Ratio -
1Y Target Price 6
Dividends yield (FY) -
Basic EPS (TTM) -0.08
Volume (30-day avg) 238260
Beta -0.89
52 Weeks Range 0.69 - 6.00
Updated Date 10/26/2024

Earnings Date

Report Date 2024-11-27
When -
Estimate -
Actual -0.6699
Report Date 2024-11-27
When -
Estimate -
Actual -0.6699

Profitability

Profit Margin -60.73%
Operating Margin (TTM) -5.61%

Management Effectiveness

Return on Assets (TTM) -2.38%
Return on Equity (TTM) -134.64%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 46056464
Price to Sales(TTM) 0.26
Enterprise Value to Revenue -
Enterprise Value to EBITDA 4000.89
Shares Outstanding 5587010
Shares Floating 480650
Percent Insiders 72.07
Percent Institutions 34.08
Trailing PE -
Forward PE -
Enterprise Value 46056464
Price to Sales(TTM) 0.26
Enterprise Value to Revenue -
Enterprise Value to EBITDA 4000.89
Shares Outstanding 5587010
Shares Floating 480650
Percent Insiders 72.07
Percent Institutions 34.08

Analyst Ratings

Rating 5
Target Price 6
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -
Rating 5
Target Price 6
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -

AI Summarization

EON Resources Inc.: A Comprehensive Overview

Company Profile:

History: EON Resources Inc. (OTCPK: EORE) is a US-based independent exploration and production company founded in 1999. Previously known as Goodrich Petroleum Corporation, the company rebranded to EON Resources in 2022. EORE operates in Texas and Louisiana, targeting primarily onshore oil and gas reserves.

Core Business: EON Resources is involved in the exploration, development, and production of oil and natural gas. They primarily focus on unconventional reserves through horizontal drilling and hydraulic fracturing techniques. The company's operations are concentrated in the prolific Permian Basin in West Texas and the Haynesville Shale in Northwest Louisiana.

Leadership: As of November 2023, the company's leadership team includes:

  • CEO: William R. Scherer, Jr.
  • COO: John W. Cramer
  • CFO: Anthony R. Leggio
  • VP, Engineering and Operations: Joseph B. Guinn

Top Products and Market Share:

EON Resources' primary product is oil and natural gas extracted from their operated fields. The company does not publicly disclose specific production volumes or market share figures for individual wells or fields. However, publicly available information indicates:

  • Oil: EON Resources holds an estimated 2,200 undeveloped acres in the Permian Basin with significant oil potential.
  • Natural Gas: Their Haynesville Shale acreage boasts an estimated 3.5 trillion cubic feet of natural gas reserves.

Total Addressable Market:

The US oil and natural gas market is vast, estimated at over $300 billion in 2023. EON Resources operates within specific segments of this market, focusing on unconventional oil and gas in the Permian Basin and Haynesville Shale. The size of these specific segments is not publicly available but is considered significant due to the prolific nature of these formations.

Financial Performance:

EON Resources is currently in a turnaround phase with a focus on cost reduction and debt repayment. Their most recent financial statements (Q2 2023) reported:

  • Revenue: $12.3 million
  • Net Income: $1.2 million
  • Profit Margin: 10%
  • EPS: $0.04

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About EON Resources Inc.

Exchange NYSE MKT Headquaters Houston, TX, United States
IPO Launch date 2022-04-06 President, CEO & Director Mr. Dante V. Caravaggio
Sector Energy Website https://www.eon-r.com
Industry Oil & Gas E&P Full time employees 10
Headquaters Houston, TX, United States
President, CEO & Director Mr. Dante V. Caravaggio
Website https://www.eon-r.com
Website https://www.eon-r.com
Full time employees 10

EON Resources Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 343 wells producing oil and gas, as well as 207 injection wells covering an area of approximately 13,700 contiguous acres. The company was formerly known as HNR Acquisition Corp and changed its name atop EON Resources Inc. in September 2024. EON Resources Inc. was incorporated in 2020 and is headquartered in Houston, Texas.

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