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HOUSTON—Trotter Mitchell, the Chief Financial Officer of EON Resources Inc. (NASDAQ:EONR), recently acquired 5,000 shares of the company’s Class A Common Stock, according to a filing with the Securities and Exchange Commission. The shares were purchased at a price of $0.5578 each, totaling $2,789. The purchase comes as the stock has shown significant momentum, gaining over 45% in the past week, according to InvestingPro data.
Following this transaction, Mitchell now directly owns 39,398 shares of EON Resources. The acquisition took place on March 19, 2025, further solidifying Mitchell’s stake in the company. EON Resources, headquartered in Houston, operates in the crude petroleum and natural gas sector. With a market capitalization of $5.24 million, the company faces challenges with cash burn and high debt levels. InvestingPro analysis reveals 12 additional key insights about EONR’s financial health and market position.
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