EON Resources Inc. Warrants, each whole warrant exercisable for three quarters of one share of Class A Common Stock at an exercise price of $11.50 per whole share (EONR.WS)

EON Resources Reaches Preliminary $52.8 Million Deal, Analyst Highlights Value Creation Potential

EON Resources has signed a $52.8 million revenue sharing and volumetric funding arrangement, which will be used to pay off debt, fund well workovers, and unlock shareholder value. Boral Capital maintains a Buy rating and $4.50 target price on the stock.