Insider Buying: EON Resources Inc. (NYSEAMERICAN:EONR) Director Purchases 19,420 Shares of Stock

EON Resources Inc. (NYSEAMERICAN:EONR) Director Joseph V. Sr Salvucci, Sr. purchased 19,420 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The stock was bought at an average price of $0.52 per share, for a total transaction of $10,098.40. Following the acquisition, the director now owns 1,355,170 shares of the company’s stock, valued at $704,688.40. This represents a 1.45 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

EON Resources Stock Down 7.7 %

Shares of EONR traded down $0.04 during trading hours on Friday, reaching $0.50. 425,674 shares of the company traded hands, compared to its average volume of 5,042,621. EON Resources Inc. has a 12 month low of $0.35 and a 12 month high of $4.00.

EON Resources Company Profile

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.