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EON Resources Inc. (EONR)EONR
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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 | Today’s Advisory: PASS |
Historic Profit: -38.16% | Upturn Advisory Performance 1 | Avg. Invested days: 66 |
Profits based on simulation | Stock 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 | Stock Returns Performance 1 |
Profits based on simulation Last Close 12/06/2024 | Upturn Advisory Performance 1 |
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
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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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