Insider Buying: EON Resources (NYSEAMERICAN:EONR) VP Buys $10,750.00 in Stock

EON Resources Inc. (NYSEAMERICAN:EONR) VP Mark Williams bought 25,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were bought at an average cost of $0.43 per share, for a total transaction of $10,750.00. Following the transaction, the vice president directly owned 205,000 shares in the company, valued at approximately $88,150. This represents a 13.89% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Mark Williams also recently made the following trade(s):

• On Monday, September 15th, Mark Williams purchased 25,000 shares of EON Resources stock. The stock was bought at an average cost of $0.38 per share, with a total value of $9,500.00.

EON Resources Price Performance

Shares of NYSEAMERICAN EONR opened at $0.45 on Thursday. The business has a fifty day moving average price of $0.49 and a 200 day moving average price of $0.42. EON Resources Inc. has a 1-year low of $0.27 and a 1-year high of $1.90. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.35 and a current ratio of 0.35.

Institutional Trading of EON Resources

An institutional investor recently bought a new position in EON Resources stock. XTX Topco Ltd bought a new stake in EON Resources Inc. (NYSEAMERICAN:EONR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 64,098 shares of the company’s stock, valued at approximately $31,000. 33.51% of the stock is currently owned by institutional investors and hedge funds.

About EON Resources

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.