Equus Announces Fourth Quarter Net Asset Value
Equus Total Return, Inc. reported a significant decrease in net asset value (NAV) per share to $1.19 at the end of Q4 2025 from $1.90 at the end of Q3 2025. This decline was primarily driven by a $12.35 million decrease in the fair value of its investment in Morgan E&P, Inc., linked to lower oil forward prices and elimination of some reserves. Conv…