EON Resources Inc. (NYSEAMERICAN:EONR) Director Purchases $10,098.40 in Stock

EON Resources Inc. (NYSEAMERICAN:EONR) Director Joseph V. Sr Salvucci, Sr. acquired 19,420 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of $0.52 per share, for a total transaction of $10,098.40. Following the completion of the acquisition, the director now directly owns 1,355,170 shares of the company’s stock, valued at approximately $704,688.40. The trade was a 1.45 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

EON Resources Stock Down 5.2 %

Shares of EONR opened at $0.51 on Friday. EON Resources Inc. has a one year low of $0.35 and a one year high of $4.00.

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.