EON Resources Inc. (NYSEAMERICAN:EONR) Director Joseph V. Sr Salvucci, Sr. Buys 46,429 Shares

EON Resources Inc. (NYSEAMERICAN:EONR) Director Joseph V. Sr Salvucci, Sr. bought 46,429 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of $0.53 per share, for a total transaction of $24,607.37. Following the acquisition, the director now directly owns 1,315,750 shares of the company’s stock, valued at approximately $697,347.50. The trade was a 3.66 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

EON Resources Stock Performance

NYSEAMERICAN EONR traded up $0.05 on Thursday, hitting $0.54. 412,965 shares of the company were exchanged.

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.