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Battalion OilNYSE American: BATL

Profile

Sector:

Energy

Country:

United States

IPO:

24 December 2019

Next earnings report:

15 November 2024

Last dividends:

N/A

Next dividends:

N/A
$111.25 M
-67%vs. 3y high
14%vs. sector
-vs. 3y high
-vs. sector
-12%vs. 3y high
91%vs. sector
-53%vs. 3y high
20%vs. sector

Price

after hours | Wed, 13 Nov 2024 00:21:54 GMT
$6.76+$0.11(+1.65%)

Dividend

No data over the past 3 years
$49.10 M-$105.00 K

Analysts recommendations

Institutional Ownership

BATL Latest News

Battalion Oil Corporation Announces Amendment to Merger Agreement with Fury Resources, Inc.
globenewswire.com19 September 2024 Sentiment: POSITIVE

Houston, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it has entered into an amendment to the previously disclosed Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or “Parent”), pursuant to which Parent has agreed to acquire all of the outstanding shares of Common Stock of the Company (the “Common Stock”) for $7.00 per share in cash, without interest (the “Merger Consideration”). The holders of all of the outstanding shares of the Preferred Stock of the Company, Luminus Management, LLC (“Luminus”), Gen IV Investment Opportunities, LLC, and funds and accounts managed by Oaktree Capital Management, L.P. (“Oaktree”), or their respective affiliates  (collectively, the “Rollover Stockholders”), have agreed to contribute to Buyer all of their shares of Preferred Stock of the Company in exchange for new preferred shares of Buyer at a valuation based on the redemption value of such Company Preferred Stock.

Battalion Oil (BATL) Earnings & Revenues Decline Y/Y in Q2
zacks.com16 August 2024 Sentiment: NEGATIVE

A decrease in average daily production and lower natural gas prices hurt Battalion Oil's (BATL) earnings in Q2.

Zacks Initiates Coverage of Battalion Oil With Underperform Recommendation
zacks.com13 June 2024 Sentiment: NEGATIVE

Discover why Zacks rates Battalion Oil (BATL) as "Underperform," being the first on Wall Street to initiate coverage on the stock. Explore its financial struggles and operational challenges in 1Q24, with high debt and declining production impacting prospects.

BATL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Battalion Oil Corporation Is Fair to Shareholders
businesswire.com13 June 2024 Sentiment: NEGATIVE

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Battalion Oil Corporation (NYSE American: BATL) to Fury Resources, Inc. for $9.80 per share in cash is fair to Battalion shareholders. Halper Sadeh encourages Battalion shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns w.

Battalion Oil Continues To Add Preferred Equity
Seeking Alpha16 November 2023 Sentiment: POSITIVE

Battalion Oil secured commitments for another $55 million in preferred equity. This is expected to help fund additional development, while allowing Battalion to make its scheduled term loan repayments. Preferred equity could total $166 million by its November 2025 term loan maturity.

Battalion Oil Corporation (BATL) Reports Q2 Loss, Tops Revenue Estimates
Zacks Investment Research21 August 2023 Sentiment: NEGATIVE

Battalion Oil Corporation (BATL) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.01 per share a year ago.

Warren Buffett's Bet on OXY Signals Rosy Energy Outlook: 3 Picks
Zacks Investment Research13 July 2023 Sentiment: POSITIVE

Investors should allocate money to companies whose operations are directly correlated with oil prices. Oceaneering (OII), Ecopetrol (EC) and Battalion Oil (BATL) are now well-poised to gain.

Is Battalion Oil (BATL) Stock Undervalued Right Now?
Zacks Investment Research13 July 2023 Sentiment: POSITIVE

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Strength Seen in Battalion Oil Corporation (BATL): Can Its 12.7% Jump Turn into More Strength?
Zacks Investment Research13 July 2023 Sentiment: POSITIVE

Battalion Oil Corporation (BATL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Battalion Oil: Savings From Acid Gas Injection Project May Reach $30 Million Per Year
Seeking Alpha14 June 2023 Sentiment: POSITIVE

Battalion's acid gas injection project is online and Battalion believes the cost savings could be up to $2.5 million per month after full ramp up. It also has cut cash G&A costs by approximately $6 million per year. However, Battalion's interest costs still hamper its ability to quickly pay down its debt.

What type of business is Battalion Oil?

Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in the counties of Pecos, Ward, Reeves, and Winkler, Texas. It serves independent marketers, and oil and natural gas and gas pipeline companies. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. Battalion Oil Corporation was founded in 1987 and is headquartered in Houston, Texas.

What sector is Battalion Oil in?

Battalion Oil is in the Energy sector

What industry is Battalion Oil in?

Battalion Oil is in the Oil & Gas Equipment & Services industry

What country is Battalion Oil from?

Battalion Oil is headquartered in United States

When did Battalion Oil go public?

Battalion Oil initial public offering (IPO) was on 24 December 2019

What is Battalion Oil website?

https://battalionoil.com

Is Battalion Oil in the S&P 500?

No, Battalion Oil is not included in the S&P 500 index

Is Battalion Oil in the NASDAQ 100?

No, Battalion Oil is not included in the NASDAQ 100 index

Is Battalion Oil in the Dow Jones?

No, Battalion Oil is not included in the Dow Jones index

When was Battalion Oil the previous earnings report?

No data

When does Battalion Oil earnings report?

The next expected earnings date for Battalion Oil is 15 November 2024