EON Resources reports unaudited 2025 revenue of $17 million, down from $19 million in 2024
EON Resources posted unaudited, preliminary fourth-quarter and full-year 2025 results, with revenue of $17 million against $19 million in 2024, as the company attributed the decline to lower average oil prices. The results include a $13.9 million gain tied to the September 9, 2025 recapitalization and a roughly $5 million fourth-quarter depletion and depreciation adjustment tied to year-end reserve reports, and the company says its balance sheet improved after retiring senior debt and eliminating preferred shares.
Key points
- Revenue was $17 million in 2025 versus $19 million in 2024; net oil production was 250,000 barrels in both years.
- Average 2025 oil price was $13 a barrel lower than in 2024.
- Recurring G&A fell from about $8.0 million in 2024 to $7.0 million in 2025.
- Retired $21 million of senior debt and eliminated preferred shares with a $27 million redemption value.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.