EON Resources revenue falls 12.78% to $16.94 million in FY25
EONR•EON Resources’ FY25 revenue fell 12.78% to $16.94 million, while total expenses rose 32.15% to $30.74 million. Operating activities used $7.65 million in cash, and average daily net production declined 8.02% to 734 BOE per day.
1. FY25 financial results
Lease operating expense rose 19.28% to $10.27 million, and general and administrative costs increased 16.37% to $12.08 million. Net cash used in operating activities was $7.65 million, compared with an inflow previously, and cash and equivalents were $375,036.
2. Production and operations
Average daily net production declined 8.02% to 734 BOE per day, while net producing wells increased 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.
