Investor FAQs
About EON Resources Inc. (EON)
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What is the history of EON?
- EON was originally formed in December 2020 as HNR Acquisition Corp (HNRA).
- The company was initially organized as a SPAC (special purpose acquisition company) whose initial public offering was completed in February 2022. On November 15, 2023, the Company completed its initial business combination to evolve from a SPAC to an operating company.
- The first acquisition of a subsidiary company owning a producing oil and gas field in New Mexico was completed on November 15, 2023.
- On September 18, 2024, the company formally changed its name to EON Resources Inc.
- An acquisition of a second producing oil and gas field in New Mexico was completed by EON in June 2025.
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Is EON a public company? If so what stock exchange and symbol?
Yes. EON’s Class A Common Stock trades on the NYSE American Stock Exchange under the symbol of “EONR” and the Company’s public warrants trade under the symbol of “EONR WS”.
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Where are your headquarters?
Houston, Texas
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Who Is Your Transfer Agent?
Continental Stock Transfer and Trust Company
About EON Operations
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What is your primary business?
EON is an independent upstream energy company with oil and gas properties in the Permian Basin.
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What are the types of operations performed by the Company?
EON’s main production is through waterflood recovery and vertical wells. The Company has signed an agreement to commence horizontal drilling on the Grayburg-Jackson Field in mid-2026. More information on the types of production and oil and gas recovery methods can be found on the Company’s Operations Page
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What fields does the Company operate?
- The Company has two oil and gas properties in the Permian Basin located in New Mexico.
- The first field was acquired in November 2023. More information regarding number and types of wells, leases, reserves, zones and depths can be found on the Grayburg-Jackson Field webpage
- In June 2025, EON acquired the second property and similar information can be found on the South Justis Field webpage
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The first acquisitions are primarily oil producing properties. Are you looking at future acquisitions and what type of businesses?
We are always open to acquisitions at the appropriate time and fit for the company. Our long-term vision is an energy company, so other energy business lines. At this time, we see other similar oil field properties best fit into our current organization.
About the EON Team
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Who are the management staff and directors?
The management staff names and profiles can be found under the “Our Team” section of the company website under the “About Us” page. The Board of Directors can be found under the “Governance” section on the “Investor Relations” page.
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Does the management team own stock?
Yes. All of the management team and directors have equity interest either through purchases or incentives. Combined, they own a significant block of a few million shares.
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What about the operations staff?
The operations staff are experienced and very knowledgeable covering all aspects the property, production and well requirements.