Battalion Oil Corporation BATL

1.05 (0.07) (6.25%) as of 25 Sep
Market cap
$64.7M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.11
Total sells 22.65
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 2 —
Sell — — — — — 5 — — — — 1 —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 64.68
Revenue 163.06
Net Income (39.91)
Free Cash Flow 57.81
Net Debt 69.85
Current Ratio 2.19
Debt/Equity 0.78
P/E ratio 0.00
P/S ratio 0.17
P/B ratio 0.00
Past 5Y EPS Growth 44.20%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 58 20 28 88
Receivables 23 26 12 14
Inventory — — — —
Other 9 7 16 4
91 54 57 107
2023 2024 2025 Q'26
Payables 67 53 40 40
ST’ Debt 50 12 23 2
Other 17 12 1 7
134 78 64 49
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 2.29% (22.67%)
Cash Flow — (4.88%) (20.84%)
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 39 48 — — —
’25 47 43 43 32 166
’24 50 49 45 50 194
’23 65 54 54 47 221
’22 82 102 99 77 359
’21 56 64 81 85 285
’20 47 18 40 43 148
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 2 9 — — —
’25 13 10 28 (12) 39
’24 4 30 (5) 7 35
’23 (1) 9 2 7 18
’22 12 16 25 25 79
’21 13 16 18 21 69
’20 12 31 5 2 50
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 59 5 — — —
’25 (7) (23) 11 (17) (35)
’24 (21) 17 (12) (6) (22)
’23 (28) 5 (1) 1 (24)
’22 (4) (20) (10) (13) (47)
’21 1 (8) 8 16 17
’20 (36) (12) 2 22 (23)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (3.72) 0.34 — — —
’25 (0.35) (0.21) (0.91) (0.76) (2.24)
’24 (2.24) (0.53) 0.34 (1.88) (3.90)
’23 1.28 (0.35) (3.50) 1.63 (0.92)
’22 (5.69) 0.79 6.42 (0.47) 1.12
’21 (2.06) (2.09) 0.79 1.58 (1.74)
’20 7.07 (7.86) (9.45) (3.93) (14.18)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — 2.00 2.25 7.03 7.42 4.51 1.31 1.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — 19.00 16.00 14.82 23.33 12.37 9.66 3.67
High Price
— — — 69 60 58 63 38 38 40
Employees
0 0 0 3 2 5 6 6 5 4
Revenue/Emp
418 376 227 225 148 285 359 221 194 166
Revenue
24.21% 37.61% 52.99% 46.83% 24.55% 57.96% 61.74% 42.23% 40.25% 36.86%
Gross Margin
(471) 531 142 (1,262) (230) (28) 19 (3) (32) 12
EBT
(112.70%) 141.20% 62.55% (561.81%) (154.90%) (9.93%) 5.16% (1.38%) (16.44%) 7.15%
EBT Margin
(504) 536 46 (1,167) (230) (28) 19 (3) (32) 12
Net Income
167 110 79 113 62 46 57 64 59 54
Depreciation
4.50 2.83 1.44 13.87 9.15 17.54 21.99 13.43 11.78 10.09
Revenue/Sh
(5.51) 3.65 0.29 (71.99) (14.18) (1.74) 1.14 (0.92) (3.90) (2.24)
Earnings/Sh
2.99 0.86 0.43 (1.61) 3.10 4.22 4.83 1.07 2.15 2.38
Cash Flow/Sh
0.00 0.00 (4.50) (18.37) (4.50) (3.20) (7.73) (2.52) (3.50) (4.53)
Capex/Sh
2.99 0.86 (4.07) (19.98) (1.40) 1.02 (2.91) (1.46) (1.36) (2.16)
Free CF/Sh
1.22 8.07 0.00 19.54 5.55 3.92 5.18 4.14 0.25 (1.99)
Book Value/Sh
93 133 157 16 16 16 16 16 16 16
Shares
0.00 0.00 0.00 0.00 0.00 0.00 8.55 0.00 0.00 0.00
PE Ratio
7.45 7.45 7.45 9.55 0.91 0.56 0.44 0.72 0.15 0.11
PS Ratio
7.62 7.62 7.62 6.76 1.50 2.50 1.85 2.33 6.87 0.00
PB Ratio
11.09 11.09 11.09 10.14 1.96 1.03 0.95 1.32 0.86 1.17
EV/Sales
(834.21) (834.21) (834.21) (2.13) (12.81) 17.64 (7.19) (12.16) (7.45) (5.47)
EV/FCF
278 115 67 (26) 50 69 79 18 35 39
Op' Cash Flow
(290) (1,429) (707) (298) (73) (52) (126) (42) (58) (75)
Capex
278 115 (639) (324) (23) 17 (47) (24) (22) (35)
FCF
(47) 322 (17) (35) (35) (34) (77) (44) (24) (6)
Working Cap'
965 409 613 145 160 182 218 190 158 203
Total Debt
965 (15) 566 135 156 133 185 133 138 175
Net Debt
113 1,072 0 317 90 64 85 68 4 (33)
Sh' Equity
(34.60%) 32.91% 5.59% (399.04%) (49.34%) (7.69%) 4.23% (3.11%) (13.99%) (8.26%)
ROA
0.00% 0.00% 10.17% (145.66%) (66.56%) 32.80% 35.27% 5.47% (5.17%) (2.91%)
ROIC
(86.54%) 82.31% 4.05% (154.13%) (112.99%) (36.86%) 25.00% (19.78%) (177.71%) 256.88%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Battalion Oil Corporation (BATL) key facts

  • Battalion Oil Corporation (BATL) is an Oil & Gas E&P company in the Energy sector, listed on NYSE American.
  • Battalion Oil Corporation’s revenue for fiscal 2025 (year ended December 2025) was $166.0 million, down 14.4% from fiscal 2024.
  • As of September 25, 2026, BATL traded at $1.05, a market capitalization of $64.7 million.
  • Return on equity was 256.9% and debt-to-equity 0.78.

Source: company filings (standardised) and stockrow calculations.

Battalion Oil Corporation (BATL) Latest News

News by impact score

Fine-tune

8 Sep

4

Battalion Oil Corporation announces strategic investment in Collide, an AI-native operations system for oil and gas. Strategic investment in AI operations system signals major operational improvements and competitive positioning for Battalion Oil Corporation.

12 Aug

3

Battalion Oil Corporation announced its second quarter 2026 financial and operating results. Quarterly results release supplies performance data that can shift near-term valuation and sentiment.

1 Jul

3

Battalion Oil Corporation refinances and executes its Third Amended and Restated Credit Agreement. Refinancing and restated credit agreement directly affects financial structure and funding availability.

28 May

4

Battalion Oil Corporation announces updated drilling program. Updated drilling program represents major operational shift likely to alter production trajectory and investor views.

13 May

4

Battalion Oil Corporation announced first quarter 2026 financial and operating results. Quarterly earnings announcements directly impact stock price through revealed financial health and operational metrics.

5 May

4

Battalion Oil Corporation announced a letter of intent for a joint development agreement to accelerate drilling and production activities in the Monument Draw area. The joint development agreement accelerates Monument Draw activity, enabling faster production growth and stronger financial performance.

29 Apr

3

Battalion Oil Corporation increases compression capacity to bolster midstream reliability, expanding on prior announcement. Boosting compression capacity enhances midstream reliability and operational efficiency with moderate positive effects on production and investor sentiment.

15 Apr

4

Battalion Oil Corporation reported record well results and increased gas throughput under a previously announced midstream agreement. Record well results and boosted gas throughput enhance production efficiency and revenue potential, significantly impacting future performance.

23 Mar

3

Battalion Oil Corporation announced fourth quarter 2025 financial and operating results. Quarterly financial and operating results directly affect Battalion Oil Corporation's reported performance and short-term market sentiment.

19 Mar

4

Battalion Oil Corporation closed the acquisition of Sundown Assets, expanding its position in the Monument Draw area. Acquisition expands Battalion Oil's Monument Draw position, adding reserves and production capacity for significant strategic growth.

10 Mar

4

Battalion Oil Corporation expands its Monument Draw position with a strategic acquisition from Sundown, enhancing its asset base in a key oil play. Strategic acquisition bolsters core asset position and production potential in Monument Draw.

8 Mar

4

Battalion Oil Corporation (BATL) valuation reviewed amid Middle East tensions boosting oil prices and a recent US$15m private placement to strengthen finances. Middle East tensions raise oil prices benefiting BATL's operations, paired with $15m private placement injecting vital capital for growth.

6 Mar

4

Battalion Oil Corporation (BATL) stock surged 357.8% after completing an asset sale and private placement that significantly boosted liquidity. Asset sale and private placement provide major liquidity boost, driving massive stock gain and positively altering financial trajectory.

4 Mar

3

Battalion Oil Corporation (BATL) stock surged 130% in a single session, prompting analysis on whether the rally offers a viable buying opportunity amid volatile oil markets and company-specific catalysts. The 130% stock surge indicates moderately noticeable short-term market momentum for BATL but lacks evidence of fundamental long-term changes.

3 Mar

4

Battalion Oil Corporation plans to raise approximately $15 million. Raising $15 million constitutes a major capital infusion that could significantly strengthen financial position and support operational growth.

25 Feb

4

MCM Energy Partners completed acquisition of Battalion Oil Corporation's crude oil and natural gas assets in the Delaware Basin. Divestiture of key Delaware Basin assets significantly reduces Battalion Oil's production capacity, reserves, and future revenue potential.

31 Jan

3

Battalion Oil Corporation (BATL) experienced notable gains this week, reflecting positive market sentiment towards energy stocks. The company's performance aligns with broader trends in the energy sector, which has seen fluctuations due to various economic factors. Investors are showing increased interest in BATL, contributing to its upward trajectory in stock value. Analysts suggest that the company's strategic initiatives and market positioning may play a role in its recent success, indicating potential for continued growth in the energy market. Recent gains in stock value suggest a moderately noticeable influence on Battalion Oil's market performance.

23 Jan

3

Battalion Oil Corporation provided an operational update highlighting its recent production performance and strategic initiatives. The company reported an increase in production rates and outlined plans for future drilling activities. Additionally, Battalion emphasized its commitment to optimizing operational efficiencies and enhancing shareholder value through disciplined capital allocation. The operational update indicates a moderately noticeable influence on production and strategic direction, which may affect financial performance.

13 Nov

4

Battalion Oil Corporation reported its financial and operating results for the third quarter of 2025, highlighting key metrics such as revenue, production levels, and operational efficiency. The company demonstrated growth in production and revenue compared to previous quarters, reflecting its strategic initiatives and market positioning. Management expressed optimism about future performance and ongoing projects aimed at enhancing operational capabilities. Significant growth in production and revenue indicates a strong strategic position and potential for future performance improvements.

25 Aug

3

Battalion Oil Corporation has announced that the NYSE American has accepted its compliance plan, allowing the company to regain compliance with listing standards. This follows previous notifications regarding deficiencies in meeting certain requirements. Battalion Oil is now working to implement the plan and improve its financial standing. The acceptance of the compliance plan may positively influence Battalion Oil's financial performance and market sentiment, but the overall effect is expected to be somewhat limited.

14 Aug

4

Battalion Oil Corporation announced financial and operating results for the second quarter of 2024, highlighting the AGI facility online, new wells brought into production, and a preferred equity raise. The company reported a net loss available to common stockholders and adjusted EBITDA for the quarter. The potential impact of the AGI facility, new wells, and preferred equity raise on Battalion Oil Corporation's future performance is significant, indicating major strategic moves and financial implications.

3

Battalion Oil Corporation reported its financial and operating results for the second quarter of 2025, highlighting key metrics such as revenue, production levels, and operational efficiency. The company demonstrated growth in production and revenue compared to the previous quarter, driven by strategic initiatives and favorable market conditions. Management expressed optimism about future performance and ongoing projects aimed at enhancing operational capabilities. The reported growth in production and revenue indicates a moderately noticeable influence on financial performance and market sentiment.

14 May

3

Battalion Oil Corporation reported first quarter 2025 results, achieving sales volumes of 11,900 Boe/d (53% oil) and total operating revenue of $47.5 million. The company continued its six-well drilling plan, completing four wells ahead of schedule. The AGI facility treated 1.6 Bcf, with production from recent wells exceeding expectations. However, average daily production decreased from 12,989 Boe/d in Q1 2024, leading to a net loss of $5.8 million for Q1 2025. Adjusted EBITDA rose to $15.1 million compared to $9.4 million in the previous year. As of March 31, 2025, Battalion had $225 million in term loan debt and $73.6 million in liquidity. The decrease in production and net loss indicate challenges, but ongoing drilling and improved EBITDA suggest moderate influence on future performance.

31 Mar

4

Battalion Oil Corporation reported its financial and operational results for the fourth quarter of 2024, highlighting key metrics such as revenue, production levels, and operational efficiency. The company demonstrated growth in production and revenue compared to previous quarters, reflecting effective management and strategic initiatives. Additionally, Battalion outlined its plans for future development and investment in its operations, aiming to enhance shareholder value and capitalize on market opportunities. The reported financial results and future plans indicate significant strategic moves that could alter the company's trajectory and investor sentiment.

20 Dec

3

Battalion Oil Corporation terminated merger agreement with Fury Resources, Inc. due to failure to meet obligations. Company provided operations update on drilling campaign and production. Termination of merger agreement may impact financial performance and competitive positioning, but ongoing operations show positive results.

12 Nov

3

Battalion Oil Corporation announces third quarter 2024 financial and operating results. The financial and operating results may moderately influence key areas such as financial performance and competitive positioning.

20 Sep

4

Battalion Oil Corporation (AMEX:BATL) shares surged after the company amended its merger agreement with Fury Resources, Inc., which will acquire Battalion for $7.00 per share in cash, down from the previously agreed $9.80 per share. The transaction, valued at approximately $450 million, is expected to close in Q4 2024, pending stockholder approval. Fury has secured $200 million in debt financing and additional capital commitments for the acquisition. Battalion's stock has dropped over 69% year-to-date, but shares rose 120% to $6.47 in premarket trading following the announcement. The merger agreement amendment significantly alters Battalion's valuation and investor sentiment, indicating a major strategic shift.

19 Sep

4

Battalion Oil Corporation announced an amendment to the merger agreement with Fury Resources, Inc., with Parent acquiring all outstanding shares for $7.00 per share in cash. The transaction is expected to close in the fourth quarter of 2024. The merger agreement with Fury Resources, Inc. and the acquisition of all outstanding shares at $7.00 per share in cash are significant strategic moves that could fundamentally alter Battalion Oil Corporation's trajectory and investor sentiment.

16 Aug

4

Battalion Oil Corporation faced challenges in Q2 2024 with declining production and lower natural gas prices, resulting in wider losses and decreased revenues. The ongoing merger discussions with Fury Resources and strategic initiatives will significantly impact the company's direction and valuation.

13 Jun

4

Zacks Investment Research has initiated coverage of Battalion Oil Corporation (BATL) with an 'Underperform' rating due to ongoing operational and financial challenges. The company's operating revenues fell 23.3% year over year to $49.9 million in Q1 2024, driven by lower production volumes and reduced realized prices. Average daily production decreased significantly, while operating expenses surged, particularly lease operating costs. Battalion Oil's high debt-to-capitalization ratio poses a risk, with debt at $190 million, despite some reduction through equity raises. Additionally, realized natural gas prices dropped sharply. However, potential growth drivers include improved drilling operations and a proposed merger with Fury Resources. Despite trading at a discount compared to peers, the stock's volatility suggests it may lag behind market trends. Significant operational challenges and a proposed merger could notably impact Battalion Oil's future performance.

stockrow.com/BATL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com