Key Points
- VP Mark Williams bought 25,000 shares on Nov. 26 at an average price of $0.43 (total $10,750), raising his direct stake to 205,000 shares — a 13.89% increase; he also bought 25,000 shares on Sept. 15 at $0.38.
- Hedge fund XTX Topco Ltd purchased 64,098 shares (~$31,000) in Q1, and institutional investors/hedge funds now own 33.51% of EON Resources.
- EON Resources is an independent Permian Basin oil & gas producer with 343 producing wells and 207 injection wells on ~13,700 acres; the stock opened at $0.44, with a 52-week range of $0.27–$1.90 and 50-/200-day moving averages of $0.49/$0.42.
EON Resources Inc. (NYSEAMERICAN:EONR - Get Free Report) VP Mark Williams bought 25,000 shares of the company's stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average price of $0.43 per share, for a total transaction of $10,750.00. Following the acquisition, the vice president directly owned 205,000 shares in the company, valued at approximately $88,150. This trade represents a 13.89% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Mark Williams also recently made the following trade(s):
- On Monday, September 15th, Mark Williams purchased 25,000 shares of EON Resources stock. The shares were purchased at an average price of $0.38 per share, with a total value of $9,500.00.
EON Resources Stock Up 2.8%
Shares of NYSEAMERICAN:EONR opened at $0.44 on Tuesday. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.07. The stock's 50-day moving average is $0.49 and its 200-day moving average is $0.42. EON Resources Inc. has a 52-week low of $0.27 and a 52-week high of $1.90.
Institutional Trading of EON Resources
A hedge fund recently bought a new stake in EON Resources stock. XTX Topco Ltd purchased a new position in EON Resources Inc. (NYSEAMERICAN:EONR - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 64,098 shares of the company's stock, valued at approximately $31,000. 33.51% of the stock is owned by institutional investors and hedge funds.
EON Resources Company Profile
(
Get Free Report)
EON Resources Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and production of oil and natural gas properties in the Permian Basin. It holds a 100% working interest in the property that consists of 343 wells producing oil and gas, as well as 207 injection wells covering an area of approximately 13,700 contiguous acres.
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