Production and Revenue - Average daily production for the year ended December 31, 2024, was 798 BOE per day, a decrease of 22% from 1,022 BOE per day in 2023[333]. - Total revenues for the year ended December 31, 2024, were $19,418,919, a decrease of 15% from $24,238,482 in 2023[345]. - Oil production decreased by 28% from 349 MBbl in 2023 to 256 MBbl in 2024, while natural gas production decreased from 355 MMcf to 213 MMcf[347]. Pricing and Costs - The average realized oil price per barrel for the year ended December 31, 2024, was $73.61, compared to $69.06 in 2023, reflecting a 6% increase[340]. - The average NYMEX oil price for the year ended December 31, 2024, was $76.55 per barrel, a 1% decrease from $77.64 in 2023[339]. - Lease operating expenses for the year ended December 31, 2024, were $8,614,080, down from $10,146,119 in 2023, but per BOE increased by 19% to $29.59[351]. - Production taxes, transportation, and processing costs were $1,715,792 for the year ended December 31, 2024, representing 8.7% of oil and natural gas sales[352]. Financial Performance - The company recorded a loss on derivative contracts of $850,374 for the year ended December 31, 2024, compared to a gain of $392,765 in 2023[349]. - Depletion, depreciation and amortization (DD&A) increased to $2,407,098 for the year ended December 31, 2024, from $1,849,876 in 2023, with a DD&A rate of $8.27 per BOE, up 48% from $4.53 per BOE in 2023[353]. - Accretion expense decreased to $144,988 in 2024 from $859,102 in 2023, with a per BOE rate of $0.50 compared to $2.32 in 2023, driven by changes in inflation and discount rate assumptions[354]. - General and administrative expenses rose to $10,381,095 in 2024 from $7,253,384 in 2023, including stock-based compensation of $2,778,991[355]. - Interest expense increased significantly to $7,643,200 in 2024 from $1,043,312 in the Successor period of 2023, primarily due to the Senior Secured Term Loan[357]. - The company reported a positive cash flow from operations of $3,700,686 for the year ended December 31, 2024, compared to $484,474 in the Successor period of 2023[368]. Debt and Liabilities - As of December 31, 2024, the company had outstanding debt of $23,641,517 under the Senior Secured Term Loan and a working capital deficit of $31,213,674[365]. - The company recognized a gain on extinguishment of liabilities of $1,638,138 in 2024, including a gain of $1,720,000 related to the settlement of royalties payable[360][361]. - The change in fair value of warrant liabilities resulted in a loss of $804,004 in 2024, compared to a gain of $187,704 in the Successor period of 2023[362]. Investments and Equity - Net cash used in investing activities for 2024 was primarily due to the development of crude oil and gas properties, with significant cash paid for oil and gas property costs in the Predecessor period[370]. - The company has a three-year equity line with a maximum funding limit of $150,000,000, having received $6,992,906 in cash proceeds from the sale of 7,000,000 shares of common stock under this agreement[367]. Risk Management - Derivative financial instruments are used to mitigate commodity price risk, recorded at fair value, with changes recognized in consolidated statements of operations[386]. - Realized and unrealized gains and losses from derivative instruments are reported as a component of revenues in the consolidated statements of operations[386]. - Cash flows from derivative contract settlements are reflected in operating activities in the consolidated statements of cash flows[386]. - The Company records liabilities for ongoing litigation and environmental remediation, with actual costs potentially varying from estimates due to legal interpretations and regulatory changes[384]. - The fair value of the Forward Purchase Agreement liability was estimated using a Monte-Carlo Simulation, considering future stock price simulations and contractual terms[385]. - The Company is classified as a smaller reporting company and is not required to provide additional market risk disclosures[388].

Exhibit 99.2 =0 esources Inc. il American: EONR SE Corporate Slide Presentation November 2024 the state Disclaimer This presentation of EON Resources Inc. ("EON" or the "Company") shall not constitute a "solicitation" as defined in Rule 14-3 of the Securities Exchange Act of 1934, as a The information in this resentation may not be compete an any the Gronper on the Comparis securiter, you squid read the conparts segrites, you squid read the conpan has f This areastation incomment skicio by the communes assi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41278 EON Resources, Inc. | --- | --- | |------------------------------------------------------|------------------------------- ...

The Dow Jones index closed slightly higher on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. HNR Acquisition The Trade: HNR Acquisition Corp HNRA Director Joseph V Salvuc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41278 | --- | --- | |--------------------------------------------------------------------------|-----------------------| | (Exact na ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39718 HNR ACQUISITION CORP (Exact name of registrant as specified in its charter) Delaware 85-4359124 (State or other jurisdiction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to HNR ACQUISITION CORP (Exact name of registrant as specified in its charter) | Delaware 001-41278 | 85- 4359124 | | --- | --- | | (State or other jurisdiction of (Commission File Number) | (I.R.S. Employer | | incorporation or organization) | Identification Number) | | 3730 Kirby Drive, Suite 1200 | | | Houston, TX | 77098 | | (Address of principal executive offices) | (Zip Code) | | Registrant's telepho ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to FORM 10-Q (Mark One) Commission File No. 001-39718 HNR ACQUISITION CORP (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 85-4359124 (State or other jurisdiction of incorporation or organization) For the quarter ...

Financial Position - As of June 30, 2023, the company had cash of $813,177 and marketable securities held in the Trust Account amounting to $48,106,123, primarily consisting of U.S. Treasury Bills[117]. - As of June 30, 2023, the Company had $813,177 in cash and a working capital deficit of $1,699,274[123]. - The Company has not had any off-balance sheet arrangements as of June 30, 2023[133]. Financial Performance - For the three months ended June 30, 2023, the company reported a net loss of $232,803, with operating costs totaling $614,748 and interest income from marketable securities of $842,756[113]. - For the six months ended June 30, 2023, the company had a net loss of $410,417, with operating costs of $1,268,479 and interest income of $1,789,672 from marketable securities[114]. - The company incurred $4,793,698 in offering costs related to its IPO, which reduced equity[116]. - The Company has incurred significant costs in pursuit of its financing and acquisition plans, with ongoing expenses expected[123]. Business Operations - The company has not engaged in any operations or generated revenues to date, focusing solely on identifying a target company for a business combination[112]. - The company expects to continue incurring significant costs in pursuit of its acquisition plans, with no assurance of successful completion of its initial business combination[111]. - The Company is obligated to redeem public shares if a Business Combination is not completed by the deadline, raising concerns about its ability to continue as a going concern[124]. IPO and Funding - The company completed its Initial Public Offering on February 15, 2022, raising gross proceeds of $86,250,000 from the sale of 8,625,000 Units[115]. - A total of 4,115,597 Public Shares were redeemed from the Trust Account for an aggregate amount of $43,318,207 as of May 11, 2023[117]. - The company intends to utilize substantially all funds in the Trust Account to complete its business combination and for working capital of the target business[121]. Management and Strategy - The management team has an average of over 40 years of experience in the energy industry, positioning the company to identify attractive acquisition opportunities[107]. - The Sponsor has extended the Combination period multiple times, with the latest extension to September 15, 2023, requiring deposits of $120,000 for each extension[123][124]. Financing Agreements - The Company has entered into unsecured promissory notes totaling $2,264,000 with existing investors, maturing at the five-year anniversary of the MIPA[135]. - The Company has a Common Stock Purchase Agreement with White Lion Capital, allowing for the purchase of up to $150,000,000 in common stock[126]. - The purchase price for shares sold to White Lion will be 96% of the lowest daily volume-weighted average price during a specified period[129]. - The Company has paid $154,250 to the Sponsor for administrative support services through June 30, 2023, and owes an additional $35,000[134]. - The Company cannot assure that new financing will be available on commercially acceptable terms, which may impact its operations[124].

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41278 HNR ACQUISITION CORP UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 85-4359124 (State or other jurisdiction ...