Battalion Oil Corporation is an independent energy company engaged in the acquisition, production, exploration and development of onshore oil and natural gas properties in the United States.
Company profile
Ticker
BATL
Exchange
Website
CEO
Richard Little
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HALCON RESOURCES CORP, RAM ENERGY RESOURCES INC, TREMISIS ENERGY ACQUISITION CORP
SEC CIK
Corporate docs
Subsidiaries
Battalion Oil Management, Inc. • Halcón Holdings, LLC • Halcón Energy • Halcón Operating Co., Inc. • Halcón Field Services, LLC • Halcón Permian, LLC • Brazos Amine Treater Holdings, LLC • Brazos Amine Treater, LLC ...
IRS number
200700684
BATL stock data
Latest filings (excl ownership)
8-K
Battalion Announces Appointment of New Chief Financial Officer and Appointment of General Counsel
20 Jan 23
8-K
Termination of a Material Definitive Agreement
29 Dec 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Battalion Oil Corporation Announces Third Quarter 2022 Financial and Operating Results
14 Nov 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
8-K
Battalion Oil Corporation Announces Second Quarter 2022 Financial and Operating Results
8 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
13 Jun 22
EFFECT
Notice of effectiveness
20 May 22
CORRESP
Correspondence with SEC
17 May 22
8-K
Battalion Oil Corporation Announces Landmark Agreement to Develop Acid Gas Treatment Facility
16 May 22
Transcripts
BATL
Earnings call transcript
2022 Q3
16 Nov 22
BATL
Earnings call transcript
2022 Q1
12 May 22
BATL
Earnings call transcript
2021 Q4
8 Mar 22
BATL
Earnings call transcript
2021 Q3
9 Nov 21
BATL
Earnings call transcript
2021 Q2
10 Aug 21
BATL
Earnings call transcript
2020 Q4
9 Mar 21
BATL
Earnings call transcript
2020 Q3
10 Nov 20
BATL
Earnings call transcript
2020 Q2
12 Aug 20
BATL
Earnings call transcript
2020 Q1
12 May 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 33.56 mm | 33.56 mm | 33.56 mm | 33.56 mm | 33.56 mm | 33.56 mm |
| Cash burn (monthly) | 3.41 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 14.38 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 19.18 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 5.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2022
| 13F holders | Current |
|---|---|
| Total holders | 3 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 19.05 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Oaktree | 11.00 mm | $0.00 |
| Gen IV Investment Opportunities | 8.04 mm | $0.00 |
| Wilks Brothers | 13.09 k | $0.00 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Feb 23 | Kristen McWatters | RSU Common Stock | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 20,000 |
| 1 Feb 23 | Kristen McWatters | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 10,000 |
| 21 Aug 22 | Richard Kevin Andrews | Common Stock | Payment of exercise | Dispose F | No | No | 12.04 | 1,617 | 19.47 k | 12,548 |
| 21 Aug 22 | Richard Kevin Andrews | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,641 | 0.00 | 14,165 |
| 21 Aug 22 | Richard Kevin Andrews | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 6,641 | 0.00 | 13,282 |
| 10 Jun 22 | Richard Kevin Andrews | Common Stock | Buy | Acquire P | No | No | 14.0806 | 300 | 4.22 k | 7,524 |
| 9 Jun 22 | Richard H Little | Common Stock | Buy | Acquire P | No | No | 14.579 | 1,000 | 14.58 k | 34,570 |