HOUSTON, TX / ACCESSWIRE / February 5, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent oil and gas company focused on the acquisition, development, exploration and production of oil and gas properties in the Permian Basin in Eddy County, New Mexico. Today, the Company announces that Mark H. Williams, age 54, has accepted the position of Corporate Controller and Vice President of Finance and Administration.Mark has more than 30 years of experience in various controller-type roles with major global public companies. In his past roles, Mark supported business operations, including budgets/forecasts, systems design, purchasing, client contracts and sales suppo
HOUSTON, TX / ACCESSWIRE / December 20, 2023 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent oil and natural gas company focused on the acquisition, development, exploration and production of oil and gas properties in the Permian Basin. The Company's assets include LH Operating, LLC with its interest in the Grayburg-Jackson oil field in the prolific Permian Basin in Eddy County, New Mexico.Today, HNRA announced that Dante Caravaggio has been named Chief Executive Officer and will join the Company's Board of Directors. In connection with the appointment of Mr. Caravaggio as Chief Executive Officer, President and member of the Company's Board of Directors, Diego
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The Name Change to EON Resources Inc. and Change of NYSE Ticker Symbol to EONR Is now Effective as of September 18, 2024 HOUSTON, TX / ACCESSWIRE / September 18, 2024 / EONR (NYSE:EONR) ("EON" or the "Company") announced that the Company has changed its corporate name from HNR Acquisition Corp to EON Resources Inc.EON remains as an independent energy company focused on Energy, Oil, Natural Resources, and other aspects of the Energy Industry. Our current focus is as an upstream energy company with producing oil and gas properties in the Permian Basin. Our plans are to grow through acquisition and through the development and enhancement of onshore oil and natural gas properties in the United S
HOUSTON, TX / ACCESSWIRE / September 12, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces that the field is rolling out improved automation techniques that will lead to operational efficiencies and enhanced oil production.The Company has contracted with a software provider to pilot test a state-of-the-art software application ("app") that will allow the field lease operator to use a single App versus multiple apps, which will lead to enhanced operations. The pilot test will be with two of our field operators, and then roll-out to all our field operators.Ke
HOUSTON, TX / ACCESSWIRE / August 29, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") announced today that the Board of Directors has approved changing the Company's corporate name to EON Resources Inc. ("EON" or the "Company").HNRA will continue as EON as an independent energy company focused on Energy, Oil, Natural Resources, and other aspects of the Energy Industry. Our current focus is as an upstream energy company with producing oil and gas properties in the Permian Basin. Our plans are to grow through acquisition and through the development and enhancement of onshore oil and natural gas properties in the United States.The effective date of the name change to EON will
HOUSTON, TX / ACCESSWIRE / August 21, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with productive oil and gas properties in the Permian Basin of New Mexico. Today, the Company announces successful oil production increases from a chemical stimulation treatment program started in late June 2024.What is the program: A chemical stimulation treatment restimulates producing wells that had not maintained previously achieved productions levels by removing scale build-up that restricts the flow of oil. The Company started the program in late June 2024 with a pilot program of chemically treating 24 producing wells. Upon confirming the via
HOUSTON, TX / ACCESSWIRE / August 20, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces the earnings results for the second quarter of 2024.Second Quarter and Six Months Ended June 30th Results:Total revenue for the second quarter ended June 30, 2024 was $5.06 millionNet Loss for the quarter decreased by $4.06 million to $638,000, or ($0.12) per share, as compared to the first quarter 2024.Total revenue for the six months ended June 30,2024 was $ 8.34 million.Net loss for the six months ended June 30, 2024 was $5.33 million, or ($1.00) per share.As of June
HOUSTON, TX / ACCESSWIRE / August 15, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to the well testing capabilities at the satellite stations and the purchase of two portable well testing units.The Company has improved and upgraded satellite test stations that were not operating properly, and thus limiting our ability to accurately test wells. The Company also purchased two portable well test units. These enhancements allow the operations team to test well performance and trouble shoot wells as an operating
HOUSTON, TX / ACCESSWIRE / August 15, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to the electrical systems that will increase capacity for current needs and future growth, and enhance reliability of overall system which will provide consistency in performance and production.The field has three water stations to service the major sections of the water flood operations. The Russell Turner Water Station had low capacity and unreliable performance. The Company has assessed the electrical system and is in proce
HOUSTON, TX / ACCESSWIRE / August 15, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to (i) flowlines for producing wells which will increase production, and (ii) flowlines for water injection systems which will reduce monthly costs by $30K.Production well flowlines: At acquisition close, we had 20 wells down due to flowline issues. The flowlines delivering the produced fluids to the satellite test stations from these wells were not in reliable condition. Accordingly, the Company has purchased thousands of fee
HOUSTON, TX / ACCESSWIRE / August 14, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will hold a conference call on August 21, 2024 regarding its 2nd Quarter 2024 results.The Company's conference call will be held Wednesday, August 21, 2024, at 3:00 p.m. eastern time to review HNRA's financial results, discuss recent events and conduct a short Q&A.The call will be chaired by Dante Caravaggio, President & CEO, and Mitchell B. Trotter, Chief Financial Officer. Jesse Allen, Vice President of Operations, will also be available to answer questions.An audio webcast of the conference call will be available
HOUSTON, TX / ACCESSWIRE / August 1, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces the purchase of a hot oiler truck and rig that adds flexibility for the field team and reduces costs.A hot oiler truck and rig is used to (i) perform routine load and tests of pumping wells, (ii) unplug flowlines due to paraffin and sand, (iii) treat producing wells with production chemicals as needed, (iv) perform pressure tests throughout the field area, and (v) treat production tanks as needed due to "bad oil". The cost to HNRA of the hot oiler truck and rig is $130,00
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HOUSTON, TX / ACCESSWIRE / August 20, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces the earnings results for the second quarter of 2024.Second Quarter and Six Months Ended June 30th Results:Total revenue for the second quarter ended June 30, 2024 was $5.06 millionNet Loss for the quarter decreased by $4.06 million to $638,000, or ($0.12) per share, as compared to the first quarter 2024.Total revenue for the six months ended June 30,2024 was $ 8.34 million.Net loss for the six months ended June 30, 2024 was $5.33 million, or ($1.00) per share.As of June
HOUSTON, TX / ACCESSWIRE / August 14, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will hold a conference call on August 21, 2024 regarding its 2nd Quarter 2024 results.The Company's conference call will be held Wednesday, August 21, 2024, at 3:00 p.m. eastern time to review HNRA's financial results, discuss recent events and conduct a short Q&A.The call will be chaired by Dante Caravaggio, President & CEO, and Mitchell B. Trotter, Chief Financial Officer. Jesse Allen, Vice President of Operations, will also be available to answer questions.An audio webcast of the conference call will be available
HOUSTON, TX / ACCESSWIRE / May 21, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. The Company has scheduled first quarter earnings conference call for May 23, 2024 at 11:00 a.m. EDT.HNRA will hold a conference call on May 23, 2024 to share and discuss its first quarter March 31, 2024 results. During the call management will report on its earnings results as well as update investors on optimizing effective drilling conditions and sustaining production growth. The call will be held at 11:00 a.m. EDT. In addition to the company's first quarter results, management will discuss recent ev
HOUSTON, TX / ACCESSWIRE / May 21, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announced results as an operating company for the first quarter ended March 31, 2024. The Company also outlines action plans to increase production.First Quarter of 2024 ResultsHNRA acquired the operating company LH Operating, LLC ("LHO") on November 15, 2023. The reported financial results and production results prior to that date are those of the predecessor and are not comparable to current and future results under HNRA control. We are through the initial discovery phase of the co
HOUSTON, TX / ACCESSWIRE / May 3, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent oil and gas company focused on the acquisition, development, exploration and production of oil and gas properties in the Permian Basin in New Mexico. Today, the Company announces its initial six-week results as an operating company beginning November 15, 2023, and for the year ended December 31, 2023.Prior to November 15, 2023, HNRA operated as a special purpose acquisition company (SPAC). In accordance with GAAP, the reported results of operations prior to November 15, 2023 are that of the predecessor entity.Total revenues for the first six weeks ended December 31, 2023 were
HOUSTON, TX / ACCESSWIRE / April 29, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will change the conference call regarding its fourth quarter and year-end December 31, 2023 results from April 30, 2024 to May 3, 2024.The Company‘s conference call will be held May 3, 2024 at 11:00 a.m. eastern to review HNRA's financial results, discuss recent events and conduct a short Q&A.The call will be chaired by Dante Caravaggio, President & CEO, and Mitchell B. Trotter, Chief Financial Officer. Other members of the management team will be available to answer questions.An audio webcast of the conference call
HOUSTON, TX / ACCESSWIRE / April 17, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent upstream energy company. Today, the Company announces it will hold a conference call on Tuesday, April 30, 2024 regarding its fourth quarter and year-end December 31, 2023 results.The Company's conference call will be held Tuesday, April 30, 2024 at 11:00 a.m. eastern to review HNRA's financial results, discuss recent events and conduct a short Q&A.The call will be chaired by Dante Caravaggio, President & CEO, and Mitchell B. Trotter, Chief Financial Officer. Other members of the management team will be available to answer questions.An audio webcast of the conference call
HOUSTON, TX / ACCESSWIRE / January 8, 2024 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent oil and gas company focused on the acquisition, development, exploration and production of oil and gas properties in the Permian Basin. Over 45 days ago, the Company completed the acquisition of its interest in the Grayburg-Jackson oil field in Eddy County, New Mexico. The field operates 550 oil and gas wells on 13,700 contiguous acres.The Grayburg-Jackson field began development in the 1940's and in 2020 started to waterflood the Seven Rivers ("7R") interval with good results. The revenues have grown ever since 2020 and the field has been profitable with positive cash fl
HOUSTON, TX / ACCESSWIRE / November 16, 2023 / HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") will hold a telephonic conference call to discuss the completion of the business combination of HNRA and Pogo Resources, LLC and its subsidiaries on Wednesday November 16, 2023 at 4:30 pm EST. The company Chairman, CEO and CFO will discuss the combination, operation, management, and current operating status followed by a question-and-answer period.An audio webcast of the conference call will be available within two hours of the call on the HNRA web site: https://www:hnra-nyse.com/. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time to regi
HOUSTON, Aug. 18, 2022 /PRNewswire/ -- Houston Natural Resources Corp (OTC:HNRC) ("HNRC or the Company") updated shareholders with a summary of its recent business developments, significant year-to-date achievements, as well as provide some insight into the strategic direction for 2022 and beyond. Dear Shareholders, Our company is dedicated to increasing stockholder value through the development and expansion of its two majority owned subsidiaries. Houston Natural Resources, Inc ("HNRI"). HNRI is a 100% owned subsidiary of HNRC and will be expanding the energy interests of the company. The company has begun the process of reworking its existing 83 oil wells discussed herein and acquiring add
EF Hutton analyst Tim Moore initiates coverage on HNR Acquisition (AMEX:HNRA) with a Buy rating and announces Price Target of $7.5.
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Shares of Coherus BioSciences, Inc. (NASDAQ:CHRS) shares rose sharply in today’s pre-market trading after the company announced an agreement to divest ophthalmology franchise to Sandoz in $170 million upfront all cash deal. Coherus BioSciences shares jumped 22.1% to $2.98 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers Northann Corp. (NYSE:NCL) shares jumped 19.9% to $1.63 in pre-market trading after jumping over 25% on Friday. HNR Acquisition Corp (NYSE:HNRA) gained 15.4% to $2.48 in pre-market trading. Porch Group, Inc. (NASDAQ:PRCH) gained 15.4% to $2.55 in pre-market trading. TC Biopharm (Holdings) Plc (NASDAQ:TCBP) surged 15% to $2.69 in
Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) rose sharply in pre-market trading after the company announced updated financial guidance for the second-quarter, which surpassed its previous outlook. The company estimated that second-quarter net sales will be between $3.6 billion and $3.65 billion, versus the prior guidance of between $2.7 billion and $2.9 billion. Non-GAAP diluted net income per common share is expected to be between $5.40 and $5.55, versus the previous forecast of between $4.40 to $4.88. Super Micro Computer shares surged 12.4% to $349.85 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers Treasure Global Inc. (NASDAQ:TGL) shar
HNR Acquisition Corp (NYSE:HNRA) (the "Company" or "HNRA") is an independent oil and gas company focused on the acquisition, development, exploration and production of oil and gas properties in the Permian Basin. Over 45 days ago, the Company completed the acquisition of its interest in the Grayburg-Jackson oil field in Eddy County, New Mexico. The field operates 550 oil and gas wells on 13,700 contiguous acres.The Grayburg-Jackson field began development in the 1940's and in 2020 started to waterflood the Seven Rivers ("7R") interval with good results. The revenues have grown ever since 2020 and the field has been profitable with positive cash flow for the last two years. LH Operating, LLC
Shares of Patterson Companies, Inc. (NASDAQ:PDCO) moved lower during Wednesday’s session after the company reported worse-than-expected second-quarter financial results and lowered FY24 adjusted EPS guidance below estimates. Patterson posted adjusted earnings of 50 cents per share, missing market estimates of 58 cents per share. The company’s quarterly sales came in at $1.65 billion versus expectations of $1.70 billion. Patterson shares declined 14% to $27.01 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Vivos Therapeutics, Inc. (NASDAQ:VVOS) shares jumped 135.2% to $10.53 after the company received first ever FDA 510(k) clearance for oral device
Shares of Workday, Inc. (NASDAQ:WDAY) surged in pre-market trading after the company reported upbeat earnings results for its third quarter. Workday posted earnings of $1.56 per share, beating market estimates of $1.41 per share. Revenue of $1.87 billion topped the analyst consensus estimate of $1.848 billion. Workday anticipated fourth-quarter subscription revenue to be $6.598 billion while adjusted operating margins were estimated to be 23.8%. Piper Sandler maintained Workday with an Overweight and raised the price target from $275 to $300. Workday shares rose 9% to $258.70 in pre-market trading Here are some other stocks moving in pre-market trading. Gainers 180 Life Sciences Co
Shares of SenesTech, Inc. (NASDAQ:SNES) shares moved lower during Tuesday’s session after the company reported pricing of $5.0 million public offering. SenesTech company priced a public offering of around 3.8 million shares of common stock at $1.30 per share, alongside warrants for additional shares. SenesTech shares declined 50.3% to $0.9189 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers IceCure Medical Ltd (NASDAQ:ICCM) jumped 90% to $1.44 after the company announced the latest release of a study in a series of independent studies of ProSense published in peer-reviewed journals demonstrating safety and efficacy. RedHill Biopharma Ltd. (NASDAQ:RDH