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EON RESOURCES INC

0.5611

+0.03546.73%

Pre-market: 0.59000.0289+5.15%05:22 EDT

Volume:1.53M

Turnover:863.99K

Market Cap:28.04M

PE:-5.67

High:0.5991

Open:0.5245

Low:0.5245

Close:0.5257

52wk High:1.58

52wk Low:0.3272

Shares:49.97M

Float Shares:41.79M

Volume Ratio:3.24

T/O Rate:3.67%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.0989

EPS(LYR):-1.4019

ROE:-4.96%

ROA:-3.19%

PB:0.46

PE(LYR):-0.40

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Overview Company News Filings

EON Resources Starts 92-Well Horizontal Drilling Program in Permian Basin Grayburg-Jackson Field

EON Resources Delays Q2 10-Q Filing, Seeks 5-Day Extension

EON Resources Targets 13 Million Barrels Recoverable from South Justis Unit Horizontal Drilling Plan

EON Resources Targets 10,000 Bpd by 2030 with up to 20 Permian Horizontal Wells a Year

Eon Resources Provides an Update on 2026 Drilling Program

MT Newswires Live

EON Resources Starts Phase 1 of 92-well Permian Basin San Andres Drilling Program

EON Resources to Present at Planet MicroCap Las Vegas 2026 Conference

EON Resources delays Q1 10-Q filing, cites time constraints compiling financial statements

EON Resources misses 2025 10-K filing deadline, gets NYSE American noncompliance notice

Eon Lithium signs deal to buy Geovolt Power in all-share transaction

EON Resources schedules fiscal 2025 earnings call webcast and teleconference

EON Resources Hedges 75% of Net Production Through 2027

MT Newswires Live

EON Resources plans Q4 drilling program to add 1,000 net BOPD by year-end

EON Resources Inc trading halted, news pending

Amex Halt News Pending Lst 0.779800

THOMSON REUTERS

EON Resources delays annual report filing, expects 10-K within 15 days

EON Resources announces 2026 drilling program

EON Resources launches 2026 San Andres program with 5 well recompletions costing USD 2 million

Why Is EON Resources Stock Sliding Tuesday?

Eon Resources: to Hedge Most 2026‑27 Oil Output, Boost Permian Growth via San Andres Drilling and 2026 Well Recompletions

THOMSON REUTERS

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Resources Starts 92-Well Horizontal Drilling Program in Permian Basin Grayburg-Jackson Field","url":"https://stock-news.laohu8.com/highlight/detail?id=2662718681","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662718681?lang=en_us&edition=fundamental","pubTime":"2026-08-26 18:52","pubTimestamp":1787741564,"startTime":"0","endTime":"0","summary":"EON Resources starts 92-well horizontal drilling program in Permian Basin Grayburg-Jackson FieldEON Resources began drilling a 92-well horizontal program in the Grayburg-Jackson Field in Eddy County, ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260826:nNDL6gSVKF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660633432","title":"EON Resources Delays Q2 10-Q Filing, Seeks 5-Day Extension","url":"https://stock-news.laohu8.com/highlight/detail?id=2660633432","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660633432?lang=en_us&edition=fundamental","pubTime":"2026-08-18 04:31","pubTimestamp":1786998708,"startTime":"0","endTime":"0","summary":"EON Resources delays Q2 10-Q filing, seeks 5-day extensionEON Resources filed a Form 12b-25 to delay its Form 10-Q for the quarter ended June 30, 2026.Quarterly report expected within five calendar da","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260817:nNDL2hXhCB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2654011873","title":"EON Resources Targets 13 Million Barrels Recoverable from South Justis Unit Horizontal Drilling Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2654011873","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654011873?lang=en_us&edition=fundamental","pubTime":"2026-07-27 18:32","pubTimestamp":1785148326,"startTime":"0","endTime":"0","summary":"EON Resources targets 13 million barrels recoverable from South Justis Unit horizontal drilling planEON Resources released an engineering and petrophysics study outlining horizontal drilling potential","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260727:nNDL6m6qP4:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2648567681","title":"EON Resources Targets 10,000 Bpd by 2030 with up to 20 Permian Horizontal Wells a Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2648567681","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2648567681?lang=en_us&edition=fundamental","pubTime":"2026-07-01 05:23","pubTimestamp":1782854627,"startTime":"0","endTime":"0","summary":"EON Resources targets 10,000 bpd by 2030 with up to 20 Permian horizontal wells a yearEON Resources outlined a 2026-2030 Permian growth plan targeting 10,000 barrels of oil per day by end-2030.Plan ca","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260630:nNDL5CzkMv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646674763","title":"Eon Resources Provides an Update on 2026 Drilling Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2646674763","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646674763?lang=en_us&edition=fundamental","pubTime":"2026-06-27 03:51","pubTimestamp":1782503500,"startTime":"0","endTime":"0","summary":"Eon Resources  and its wholly owned subsidiary, LH Operating, provided an update on a Sept. 9 transaction, under which one or more subsidiaries of Virtus Energy Partners will drill up to 92 horizontal wells in the San Andres formation across Eon's 13,700 leasehold acres in the Grayburg-Jackson field in Eddy County, New Mexico, according to a statement Friday.Eon said it will release results of the newly drilled horizontal wells in Q1, after all 2026 horizontal wells are drilled.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2646436477","title":"EON Resources Starts Phase 1 of 92-well Permian Basin San Andres Drilling Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2646436477","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646436477?lang=en_us&edition=fundamental","pubTime":"2026-06-27 02:16","pubTimestamp":1782497792,"startTime":"0","endTime":"0","summary":"EON Resources starts Phase 1 of 92-well Permian Basin San Andres drilling programEON Resources outlined a 92-well horizontal drilling program in the San Andres formation across 13,700 acres in New Mex","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260626:nNDL3qY0GG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4213","EONR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2638548067","title":"EON Resources to Present at Planet MicroCap Las Vegas 2026 Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2638548067","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2638548067?lang=en_us&edition=fundamental","pubTime":"2026-05-26 22:25","pubTimestamp":1779805551,"startTime":"0","endTime":"0","summary":"EON Resources will present at Planet MicroCap Las Vegas 2026 on June 17, 2026 at 9:00 a.m. at the Bellagio.Management plans to address a proposed $100 million capital raise tied to a 92-well horizontal drilling program.Updates are also expected on idle well reactivations and expanded waterflood development, targeting 2,500 barrels of oil per day within a year.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260526:nNDL3ZJZMn:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4213","BK4588","BK4150","EONR","BK4561","LU1571399168.USD","MGM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2636009930","title":"EON Resources delays Q1 10-Q filing, cites time constraints compiling financial statements","url":"https://stock-news.laohu8.com/highlight/detail?id=2636009930","media":"Reuters","labels":["dataReport","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2636009930?lang=en_us&edition=fundamental","pubTime":"2026-05-19 04:31","pubTimestamp":1779136278,"startTime":"0","endTime":"0","summary":"EON Resources filed a Form 12b-25 to notify investors that its quarterly report on Form 10-Q for the period ended March 31, 2026 will be filed late.The filing delay was attributed to time constraints tied to compiling, distributing, and reviewing required disclosures, including financial statements.The company expects to file the Form 10-Q within 5 calendar days of the original due date.It also disclosed that its annual report on Form 10-K for the year ended Dec. 31, 2025 has not yet been filed.The notice indicated no anticipated significant change in results of operations versus the prior-year period.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EON Resources Inc. published the original content used to generate this news brief via E","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260518:nNDL2L39hz:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629075818","title":"EON Resources misses 2025 10-K filing deadline, gets NYSE American noncompliance notice","url":"https://stock-news.laohu8.com/highlight/detail?id=2629075818","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629075818?lang=en_us&edition=fundamental","pubTime":"2026-04-23 05:15","pubTimestamp":1776892538,"startTime":"0","endTime":"0","summary":"EON Resources received NYSE American notice of noncompliance tied to delayed filing of its Form 10-K for fiscal year ended Dec. 31, 2025.Notice followed missed April 15 deadline under Form 12b-25 extension period.NYSE American set six-month window from April 15, 2026 to regain compliance by filing Form 10-K.Listing of Class A common stock  and public warrants  continues with no immediate impact.Company cited additional time needed to complete financial reporting and close procedures, with filing expected within six-month period.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260422:nNDL71pZvs:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2628781865","title":"Eon Lithium signs deal to buy Geovolt Power in all-share transaction","url":"https://stock-news.laohu8.com/highlight/detail?id=2628781865","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2628781865?lang=en_us&edition=fundamental","pubTime":"2026-04-18 03:40","pubTimestamp":1776454815,"startTime":"0","endTime":"0","summary":"Eon Lithium entered a share purchase agreement on April 15, 2026 to acquire Geovolt Power in an all-share deal.Consideration set at 12,500,000 Eon Lithium common shares for 100% of Geovolt Power shares.Geovolt Power holds 100% title to Orovada lithium project in Humboldt County, Nevada, near Lithium Americas’ Thacker Pass development.Post-closing capital structure expected to be under 30 million shares outstanding.Working capital expected at about $600,000 on closing.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260417:nNDL3fJ7Ly:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ANGCF","BK4168","LACG","BK4585","EONR","BK4545"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627323330","title":"EON Resources schedules fiscal 2025 earnings call webcast and teleconference","url":"https://stock-news.laohu8.com/highlight/detail?id=2627323330","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627323330?lang=en_us&edition=fundamental","pubTime":"2026-04-15 22:30","pubTimestamp":1776263433,"startTime":"0","endTime":"0","summary":"EON Resources scheduled fiscal 2025 earnings webcast and teleconference for April 28, 2026 at 2:30 pm EDT.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260415:nNDL2LrsVJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626926447","title":"EON Resources Hedges 75% of Net Production Through 2027","url":"https://stock-news.laohu8.com/highlight/detail?id=2626926447","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626926447?lang=en_us&edition=fundamental","pubTime":"2026-04-09 01:26","pubTimestamp":1775669209,"startTime":"0","endTime":"0","summary":"EON Resources  said Wednesday it fully hedged 75% of its net production through 2027 to capitalize on oil prices exceeding $110 per barrel due to the Iran war.The hedging strategy is intended to secure favorable bank lending rates for potential capital raises for accelerated workovers, drilling, and acquisitions in 2026, the company said.EON said it expects to bring 500 net barrels of oil per day on line over the next four months, with an additional 1,000 net barrels per day projected by the end of 2026.The company said it plans to primarily self-fund the \"significant\" portion of its $14 million share of Q4 drilling costs, anticipating the unhedged production will generate roughly $3 million in monthly revenue by early 2027.Operational activities are advancing rapidly with a secured drilling rig, submitted permits, restored waterflood program operating at nearly full capacity following a major pipeline replacement, EON said.Shares of the company were down more than 7% in Wednesday trad","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4213","EONR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626925500","title":"EON Resources plans Q4 drilling program to add 1,000 net BOPD by year-end","url":"https://stock-news.laohu8.com/highlight/detail?id=2626925500","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626925500?lang=en_us&edition=fundamental","pubTime":"2026-04-09 00:30","pubTimestamp":1775665826,"startTime":"0","endTime":"0","summary":"EON Resources hedged 75% of net oil production through 2027 to support lower-cost bank financing for accelerated drilling, workovers, and acquisitions in 2026.Company targets 500 net barrels of oil per day online within four months from May 2026 workovers and June 2026 drilling of three San Andres horizontal wells under a farmout structure with no cost to EON.Output plan calls for an additional 1,000 net barrels of oil per day by end-2026 from 7 to 10 San Andres horizontal wells scheduled for fourth-quarter 2026.Capital program estimates USD 3.4 million per well, with USD 14 million attributable to EON’s 35% working interest if 10 wells are drilled.Management expects to self-fund most of the Q4 program, with incremental funding considered if terms are acceptable.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260408:nNDL4ylPhk:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4213","EONR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626925818","title":"EON Resources Inc trading halted, news pending","url":"https://stock-news.laohu8.com/highlight/detail?id=2626925818","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626925818?lang=en_us&edition=fundamental","pubTime":"2026-04-09 00:11","pubTimestamp":1775664663,"startTime":"0","endTime":"0","summary":"12:09 EDT EON Resources (EONR) Inc trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving 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days","url":"https://stock-news.laohu8.com/highlight/detail?id=2624590031","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624590031?lang=en_us&edition=fundamental","pubTime":"2026-04-01 19:30","pubTimestamp":1775043059,"startTime":"0","endTime":"0","summary":"EON Resources filed Form 12b-25 to notify SEC of a delay in filing its annual report on Form 10-K for fiscal year 2025 ended Dec. 31, 2025.Company expects to file Form 10-K within 15 calendar days of original due date.Delay was attributed to time constraints tied to compiling, distributing, and reviewing required disclosures, including financial statements.Filing indicated no anticipated significant change in results of operations versus comparable prior-year period.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EON Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on April 01,","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260401:nNDL53p4XL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4213","EONR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2620223611","title":"EON Resources announces 2026 drilling program","url":"https://stock-news.laohu8.com/highlight/detail?id=2620223611","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2620223611?lang=en_us&edition=fundamental","pubTime":"2026-03-19 20:51","pubTimestamp":1773924708,"startTime":"0","endTime":"0","summary":"EON Resources (EONR) announced its drilling and production plan for 2026. The company has selected 5 existing vertical wells to recomplete into the...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/eon-resources-announces-2026-drilling-program-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/eon-resources-announces-2026-drilling-program-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["EONR","BK4213"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2620141247","title":"EON Resources launches 2026 San Andres program with 5 well recompletions costing USD 2 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2620141247","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2620141247?lang=en_us&edition=fundamental","pubTime":"2026-03-19 20:00","pubTimestamp":1773921634,"startTime":"0","endTime":"0","summary":"EON outlined a Permian Basin program to recomplete five existing vertical wells into the San Andres formation and begin drilling new horizontal wells.The five recompletions are expected to cost about USD 2 million and are planned to be reported in the second quarter.A farmout with Virtus Energy Partners has started to drill 92 San Andres horizontal wells, with the first 10 drill sites selected.Three permits have been submitted to the BLM and the State of New Mexico, with approvals expected within 90 days.EON said the first three horizontal wells are planned for the second quarter, with estimated drilling and completion costs of USD 3.5 million per 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