EONR vs WTI: Correlation
EON Resources Inc. (EONR) and W&T Offshore, Inc. (WTI) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EONR and WTI?
Over the past 3 years, EONR and WTI moved with a correlation of 0.35, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 3099.9 %².
Within EONR's tracked universe of 10 assets, WTI comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WTI ahead by 54.8 points (+50.1% versus +104.9%). Note the risk asymmetry: EONR runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EONR vs WTI: side by side
| EONR (EON Resources Inc.) | WTI (W&T Offshore, Inc.) | |
|---|---|---|
| 1-year return | +50.1% | +104.9% |
| 5-year return | -94.8% | +18.8% |
| Volatility (ann.) | 138.7% | 64.6% |
| Beta vs S&P 500 | -0.81 | 0.24 |
| Max drawdown (3Y) | -97.7% | -74.3% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EONR | WTI |
|---|---|---|
| 2022 | – | +72.8% |
| 2023 | -80.2% | -41.4% |
| 2024 | -59.5% | -48.2% |
| 2025 | -53.2% | +0.6% |
| 2026 | +36.1% | +126.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EONR and WTI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EONR and WTI?
As of 2026-08-27, the correlation of weekly returns between EONR and WTI is 0.35 over 3 years, 0.30 over 1 year and 0.26 over 5 years.
Is WTI a good diversifier for EONR?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eonr-vs-wti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eonr-vs-wti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EONR correlations · WTI correlations
