EON Resources | 8-K: FY2025 Q2 Revenue: USD 4.6 M

Revenue: As of FY2025 Q2, the actual value is USD 4.6 M.

Segment Revenue

• Total revenues for Q2 2025 were $4,583,148, showing a slight increase from Q1 2025 which was $4,564,597.

Operational Metrics

• Lease operating expenses decreased to $665K per month from the $718K average for 2024.
• Operating income for Q2 2025 was - $207,711, compared to - $91,775 in Q1 2025, indicating a decrease in operating income.
• Net income for Q2 2025 was - $1,300,478, compared to - $1,572,675 in Q1 2025, showing a reduction in losses.
• Income from operations was $1.1 million for the quarter.

Cash Flow

• Hedging at $70.00 recouped $290K of cash in Q2 2025, with a positive derivative impact of $600K as oil prices dropped at quarter end.

Unique Metrics

• Hedging derivative impact was a positive $600K as oil prices dropped at quarter end.
• As of June 30, 2025, the Reserve Based Loan balance was $21.4 million, and the Convertible Notes balance was $5.6 million, down from the original $9.8 million.

Outlook / Guidance

• EON Resources Inc. anticipates breakeven by the end of 2025 and is progressing with financing to retire seller and senior debt.
• The horizontal drilling program is scheduled to commence in Q1 2026, with well service rigs already on site.
• EON Resources Inc. expects production to increase by 1,000 barrels per day in the next 24 months. The company plans to commence a horizontal drilling program in the San Andres in Q1 2026, with a potential recovery of an additional 20 million barrels of oil and 16 billion cubic feet of natural gas.