EON Resources Hedges 75% Production, Targets 1,500 BOPD Growth and $3M Monthly Revenue
EON Resources has fully hedged 75% of its net oil production through 2027 at prices above $110 per barrel, securing favorable lending rates for its expansion plans. The Company expects to add 500 net BOPD by August and an additional 1,000 net BOPD by year-end, driving higher revenues.
1. Production Hedging Strategy
EON Resources has fully hedged 75% of net oil output through 2027 at prices above $110 per barrel, securing favorable borrowing terms to support upcoming capital raises and accelerate development activities.
2. Accelerated Development Plans
The Company plans to bring 500 net BOPD online within four months through May workovers and three cost-free San Andres wells in June, followed by 7 to 10 additional horizontal wells in Q4 under a Farmout Agreement.
3. Production Growth and Financial Impact
Combined incremental production of 1,500 net BOPD—500 BOPD in mid-2026 and 1,000 BOPD by year-end—is expected to generate approximately $3 million in monthly revenue at $75 per barrel and support an estimated $40 million EBITDA run rate in 2028.
4. Capital Investment and Funding
Drilling and completion costs for 10 new horizontal wells in Q4 amount to $14 million at EON’s 35% working interest; the Company intends to self-fund the majority and may explore additional financing if favorable terms are available.