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EON Resources Inc. (NYSE American:EONR) announced that its board of directors approved amendments to the company’s Code of Ethics on Monday. The revisions update the company’s name to EON Resources Inc., following a corporate name change that became effective on September 17, 2024, and introduce new procedures to ensure timely and accurate compliance with disclosure and notification requirements set by the NYSE American.
According to a press release statement included in a recent SEC filing, the revised Code of Ethics applies to all officers, directors, and employees of EON Resources and its subsidiaries. The company stated that the amendments were adopted after management discussions with the NYSE American and were approved by the board. The changes to the Code did not involve any waiver, explicit or implicit, of any provision of the previous Code of Ethics.
The updated Code includes a new section outlining procedures for compliance with all disclosure and notification obligations required by the NYSE American. The company indicated that the full text of the revised Code of Ethics is available as an exhibit to the SEC filing.
EON Resources Inc. is incorporated in Delaware and operates in the crude petroleum and natural gas sector. Its Class A Common Stock and redeemable warrants are listed on the NYSE American under the symbols EONR and EONR WS, respectively. The stock has experienced significant pressure this year, with a year-to-date decline of 44%. InvestingPro subscribers have access to over 10 additional key insights about EONR, including detailed analysis of its cash flow and profitability metrics, available in the comprehensive Pro Research Report.
This information is based on a press release statement contained in the company’s Form 8-K filing with the Securities and Exchange Commission.
In other recent news, EON Resources Inc. announced its Q2 2025 financial results, which showed steady revenues. The company attributed this stability to effective hedging strategies, even as average oil prices declined. Despite the flat revenue figures, EON Resources is focusing on operational efficiencies and has significant plans for horizontal drilling in the San Andres zone. This strategic expansion is part of the company’s ongoing efforts to enhance its operations. The earnings announcement did not prevent a dip in the company’s stock, which fell 7.77% initially. However, there was a slight recovery in premarket trading, with a gain of 4.06%. These developments highlight EON Resources’ commitment to maintaining stability and pursuing growth opportunities.
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