Battalion Oil Corporation

Equities

BATL

US07134L1070

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:10:00 2024-04-26 pm EDT			5-day change	1st Jan Change
5.3 ^USD	-1.49%		-2.57%	-44.85%

Apr. 11	Sector Update: Energy Stocks Retreating in Late Thursday Afternoon Trading	MT
Apr. 11	Sector Update: Energy Stocks Lower in Thursday Afternoon Trading	MT

Battalion Oil Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 15, 2023 at 04:35 pm EST

Battalion Oil Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 54.11 million compared to USD 99.15 million a year ago. Net loss was USD 53.8 million compared to net income of USD 105.89 million a year ago. Basic loss per share from continuing operations was USD 3.5 compared to basic earnings per share from continuing operations of USD 6.48 a year ago. Diluted loss per share from continuing operations was USD 3.5 compared to diluted earnings per share from continuing operations of USD 6.42 a year ago.
For the nine months, revenue was USD 173.52 million compared to USD 282.26 million a year ago. Net loss was USD 35.74 million compared to net income of USD 26.19 million a year ago. Basic loss per share from continuing operations was USD 2.56 compared to basic earnings per share from continuing operations of USD 1.6 a year ago. Diluted loss per share from continuing operations was USD 2.56 compared to diluted earnings per share from continuing operations of USD 1.59 a year ago.

Latest news about Battalion Oil Corporation

Sector Update: Energy Stocks Retreating in Late Thursday Afternoon Trading	Apr. 11	MT
Sector Update: Energy Stocks Lower in Thursday Afternoon Trading	Apr. 11	MT
Sector Update: Energy	Apr. 11	MT
Battalion Oil Shares Slump After Fury Resources Says Can't Meet Some Acquisition Funding Deadlines	Apr. 11	MT
North American Morning Briefing : Powell Awaited -2-	Apr. 03	DJ
Battalion Oil Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 29	CI
Battalion Oil Corporation and Halcón Holdings, LLC Enters into Third Amendment to Its Amended and Restated Senior Secured Credit Agreement	Mar. 28	CI
Battalion Oil Corporation announced that it has received $19.5 million in funding from Luminus Management, LLC, Gen IV Investment Opportunities LLC, OCM HLCN HOLDINGS, L.P.	Mar. 26	CI
Battalion Oil Regains Compliance With NYSE Listing Rules	Feb. 09	MT
Battalion Oil Gets Non-Compliance Notice From NYSE	Jan. 10	MT
Sector Update: Energy Stocks Decline Late Friday	Dec. 15	MT
Top Midday Gainers	Dec. 15	MT
Sector Update: Energy Stocks Decline Friday Afternoon	Dec. 15	MT
Sector Update: Energy	Dec. 15	MT
Battalion Oil Shares Surge on Accord to Be Acquired by Fury Resources for $450 Million	Dec. 15	MT
Battalion Oil Corporation announced that it has received $6.5 million in funding from Gen IV Investment Opportunities LLC	Dec. 14	CI
Fury Resources, Inc. entered into an agreement and plan of merger to acquire Battalion Oil Corporation.	Dec. 14	CI
Battalion Oil Swings to Q3 Adjusted Loss, Lower Operating Revenue	Nov. 15	MT
Battalion Oil Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 15	CI
Earnings Flash (BATL) BATTALION OIL CORPORATION Reports Q3 Revenue $54.1M	Nov. 15	MT
Roth KMK Adjusts Battalion Oil's Price Target to $18.60 From $24, Keeps Neutral Rating	23-09-11	MT
Battalion Oil Corporation announced that it has received $37.05 million in funding from Luminus Management, LLC, Oaktree Capital Management, L.P., LSP Investment Advisors, LLC	23-09-05	CI
North American Morning Briefing : Investors Await Pivotal Data This Week	23-08-28	DJ
Battalion Oil Swings to Loss in Q2, Revenue Drops	23-08-21	MT
Battalion Oil Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-21	CI

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Company Profile

Battalion Oil Corporation is an independent energy company. It is focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. Its properties and drilling activities are focused on the Delaware Basin. Its principal properties consist of leasehold interests in developed and undeveloped oil and natural gas properties and the reserves associated with these properties. Its working interests in over 39,867 net acres in the Delaware Basin are in Pecos, Reeves, Ward and Winkler Counties, Texas. This resource play is characterized by high oil and liquids-rich natural gas content in thick, continuous sections of source rock that can provide repeatable drilling opportunities and significant initial production rates. Its primary targets in this area are the Wolfcamp and Bone Spring formations. It has over 90 operated wells producing in this area in addition to minor working interests in 19 non-operated wells.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

More about the company

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Oil Exploration & Production - Onshore