EON Resources revenue falls 12.78% to $16.94 million in FY25
Bitget2026/09/28 12:26- EON Resources revenue fell 12.78% to USD 16.94 million, while lease operating expense rose 19.28% to USD 10.27 million.
- General and administrative costs increased 16.37% to USD 12.08 million, and total expenses climbed 32.15% to USD 30.74 million.
- Net cash used in operating activities swung to an outflow of USD 7.65 million from an inflow, while cash and equivalents were USD 375,036.
- Average daily net production declined 8.02% to 734 BOE per day, and net producing wells rose to 472 from 342.
- Management cited higher well downtime, water injection flowline repairs, increased natural gas flaring, and the Sept. 9 conveyance of 2025 ORRIs.
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