| (USD) | Sep 2023 | Q/Q |
|---|---|---|
| Revenue | 53.4MM | -1% |
| Operating Income | 6.8MM | - |
| Operating Expenses | 46.6MM | - |
| Net Income | -53.8MM | - |
| G&A | 3.2MM | -39% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
HOUSTON, March 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter of 2023. Key Highlights Approximately 41,000 net acres, 91% HBP in three contiguous blocks across Ward, Winkler and Pecos Counties with substantial remaining location inventoryBrought previously announced AGI project online in Q1 2024 treating over 20 MMcf/dRecommenced drilling operations in Monument Draw
Houston, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced certain financial and operating updates. Key Highlights Acid gas injection (“AGI”) well is projected to be injecting by end of the first quarter 2024Recent two well pad was drilled and completed under budget and the wells have IP’d above type curve at 1,964 BOEPD and 1,711 BOEPD respectively (71% oil) with production still incliningApproximately $61MM ca
Houston, Texas, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced that on January 5, 2024 it received official notice on behalf of the NYSE American LLC indicating that, because the Company did not hold an annual meeting of stockholders during its fiscal year ended December 31, 2023, the Company is not in compliance with its continued listing standards set forth in Section 704 of the NYSE American Company Guide. The Co
Houston, Texas, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or “Parent”), pursuant to which Parent will acquire all of the outstanding shares of Common Stock of the Company (the “Common Stock”), for $9.80 per share in cash (the “Merger Consideration”), which represents a total transaction value of
Production Curtailment and Lower Realized Prices Impact Revenue and Earnings
HOUSTON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the third quarter of 2023. Key Highlights Generated third quarter 2023 sales volumes of 12,717 barrels of oil equivalent per day (“Boe/d”)Continued robust production results from our most recent completed wellsRecommenced drilling operations in Monument DrawExecuted a $38.0 million preferred equity raise in September 2023 and
HOUSTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the second quarter of 2023. Key Highlights Generated second quarter 2023 sales volumes of 14,253 barrels of oil equivalent per day (“Boe/d”)Continued robust production results from our most recent wellsGenerated net loss of $4.7 million and Adjusted EBITDA of $16.8 million in the second quarter of 2023 Management Comments The
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.
HOUSTON, May 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the first quarter of 2023. Key Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully onlineGenerated first quarter 2023 sales volumes of 16,200 barrels of oil equivalent per day (“Boe/d”)Continued excellent results from our most recent wellsCompleted corpora
Houston, April 03, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced the resignation of Richard Little who plans to pursue other opportunities and the appointment of Matt Steele as Chief Executive Officer of the Company effective immediately. Jonathan Barrett, Battalion’s Chairman of the Board commented, “Matt brings to Battalion extensive E&P experience including capital allocation, operations and internal value creation. I am pleased