Symbols / BATL $11.33 -24.21%
BATL Chart
About
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 Pecos, Reeves, Ward, and Winkler counties in Texas. The company sells crude oil, natural gas, and natural gas liquids primarily to independent marketers, oil and natural gas companies, and gas pipeline companies. Battalion Oil Corporation was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020. The company was founded in 1987 and is headquartered in Houston, Texas.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas E&P | Market Cap | 186.45M |
| Enterprise Value | 617.27M | Income | -55.17M | Sales | 183.42M |
| Book/sh | -1.23 | Cash/sh | 3.07 | Dividend Yield | — |
| Payout | 0.00% | Employees | 38 | IPO | — |
| P/E | — | Forward P/E | 49.26 | PEG | — |
| P/S | 1.02 | P/B | -9.20 | P/C | — |
| EV/EBITDA | 9.46 | EV/Sales | 3.37 | Quick Ratio | 0.78 |
| Current Ratio | 0.96 | Debt/Eq | 109.47 | LT Debt/Eq | — |
| EPS (ttm) | -3.36 | EPS next Y | 0.23 | EPS Growth | — |
| Revenue Growth | -3.90% | Earnings | 2023-08-21 16:00 | ROA | 1.39% |
| ROE | -6.13% | ROIC | — | Gross Margin | 47.32% |
| Oper. Margin | 13.81% | Profit Margin | -6.61% | Shs Outstand | 16.46M |
| Shs Float | 8.14M | Short Float | 34.06% | Short Ratio | 0.13 |
| Short Interest | — | 52W High | 29.70 | 52W Low | 1.00 |
| Beta | 0.62 | Avg Volume | 13.43M | Volume | 6.62M |
| Target Price | — | Recom | None | Prev Close | $14.95 |
| Price | $11.33 | Change | -24.21% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$11.33
Latest analyst target
3. DCF / Fair value
$-53.26
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$11.33
Low
—
High
—
Mean
—
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2023-09-11 | main | Roth MKM | Neutral → Neutral | $19 |
| 2023-04-04 | down | Roth MKM | Buy → Neutral | $28 |
| 2022-08-29 | init | Roth Capital | — → Buy | $28 |
- Battalion Oil lines up $15M from new institutional investor - Stock Titan ue, 03 Mar 2026 08
- Battalion Oil To Raise $15 Million – BATL Stock Surges 110% Amid Rising Crude Prices - Stocktwits ue, 03 Mar 2026 08
- Why Battalion Oil (BATL) Is Up 357.8% After Asset Sale And Private Placement Boost Liquidity - Yahoo Finance Fri, 06 Mar 2026 08
- Battalion Oil: Surging Stock Price May Result In Preferred Share Conversion Into Common Shares - Seeking Alpha Wed, 04 Mar 2026 08
- BATL stock steadies in premarket after doubling as Hormuz fears lift oil — what’s next for Battalion Oil - TechStock² ue, 03 Mar 2026 08
- Battalion Oil Stock Surges 20% As Middle East Tensions Escalate - Sahm Fri, 13 Mar 2026 06
- Battalion Oil Corporation (BATL) – among the energy stocks that gained this week - MSN Mon, 16 Mar 2026 04
- Battalion Oil Stock Surges 80% As Iran Strikes Lift Oil Prices - Battalion Oil (AMEX:BATL) - Benzinga Mon, 02 Mar 2026 08
- TMDE vs. TPET vs. BATL vs. USEG: Why Did Energy Stocks Rocket Today? - TipRanks Mon, 02 Mar 2026 08
- US Stock Market Movement | Oil Stocks Rise, Battalion Oil (BATL.US) Surges Over 20% - Bitget Wed, 11 Mar 2026 23
- More gas handled, more oil pumped: inside Battalion's January production jump - Stock Titan Fri, 23 Jan 2026 08
- BATL, INDO Stocks Hit Over 3-Year Highs As Strait Of Hormuz Fears Lift Oil — Analyst Says Retail Gas Hikes Begin This Week - Stocktwits Mon, 02 Mar 2026 08
- Trio Petroleum (TPET), Battalion Oil (BATL) Jump After Hours As Middle East Disruption Rattles Global Energy Markets - Sahm Fri, 13 Mar 2026 06
- Battalion Oil Expands Ward County Acreage in Stock Deal - TipRanks Fri, 13 Mar 2026 10
- USO, BATL, TPET Tumble As Oil Sees Wild Reversal After Trump Signals Iran War May End — Analysts Say Rally May Not Be Over - Stocktwits ue, 10 Mar 2026 05
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 2214 | 3144 | — | Conversion of Exercise of derivative security at price 1.42 per share. | MAYER WALTER R | General Counsel | — | 2025-03-05 00:00:00 | D |
| 1 | 6641 | 9430 | — | Conversion of Exercise of derivative security at price 1.42 per share. | ROHLING DANIEL P. | Chief Operating Officer | — | 2025-03-05 00:00:00 | D |
| 2 | 3250 | 4615 | — | Conversion of Exercise of derivative security at price 1.42 per share. | MARTIN CHARLES E | Officer | — | 2025-03-05 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | 59.69M | 74.21M | 204.05M | 148.78M |
| TotalUnusualItems | -23.69M | 12.69M | -110.01M | -123.67M |
| TotalUnusualItemsExcludingGoodwill | -23.69M | 12.69M | -110.01M | -123.67M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -31.88M | -3.05M | 18.54M | -28.32M |
| ReconciledDepreciation | 52.93M | 56.62M | 51.91M | 45.41M |
| ReconciledCostOfRevenue | 114.65M | 120.58M | 125.18M | 104.92M |
| EBITDA | 36.00M | 86.89M | 94.05M | 25.11M |
| EBIT | -16.93M | 30.27M | 42.13M | -20.30M |
| NetInterestIncome | -14.96M | -33.32M | -23.59M | -8.02M |
| InterestExpense | 14.96M | 33.32M | 23.59M | 8.02M |
| NormalizedIncome | -8.19M | -15.74M | 128.54M | 95.36M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -31.88M | -3.05M | 18.54M | -28.32M |
| TotalExpenses | 187.13M | 203.18M | 206.93M | 181.83M |
| TotalOperatingIncomeAsReported | -11.74M | 17.58M | 152.14M | 103.37M |
| DilutedAverageShares | 16.46M | 16.44M | 16.51M | 16.26M |
| BasicAverageShares | 16.46M | 16.44M | 16.33M | 16.26M |
| DilutedEPS | -3.90 | -0.92 | 1.12 | -1.74 |
| BasicEPS | -3.90 | -0.92 | 1.14 | -1.74 |
| DilutedNIAvailtoComStockholders | -64.10M | -15.10M | 18.54M | -28.32M |
| AverageDilutionEarnings | 0.00 | 0.00 | ||
| NetIncomeCommonStockholders | -64.10M | -15.10M | 18.54M | -28.32M |
| OtherunderPreferredStockDividend | 0.00 | 0.00 | ||
| PreferredStockDividends | 32.22M | 12.05M | ||
| NetIncome | -31.88M | -3.05M | 18.54M | -28.32M |
| NetIncomeIncludingNoncontrollingInterests | -31.88M | -3.05M | 18.54M | -28.32M |
| NetIncomeContinuousOperations | -31.88M | -3.05M | 18.54M | -28.32M |
| TaxProvision | 0.00 | 0.00 | 0.00 | 0.00 |
| PretaxIncome | -31.88M | -3.05M | 18.54M | -28.32M |
| OtherIncomeExpense | -23.69M | 12.69M | -110.01M | -123.67M |
| SpecialIncomeCharges | -26.00M | 0.00 | 0.00 | 1.95M |
| OtherSpecialCharges | 7.49M | -1.95M | ||
| ImpairmentOfCapitalAssets | 18.51M | 0.00 | 0.00 | |
| RestructuringAndMergernAcquisition | 0.00 | |||
| GainOnSaleOfSecurity | 2.31M | 12.69M | -110.01M | -125.62M |
| NetNonOperatingInterestIncomeExpense | -14.96M | -33.32M | -23.59M | -8.02M |
| InterestExpenseNonOperating | 14.96M | 33.32M | 23.59M | 8.02M |
| OperatingIncome | 6.77M | 17.58M | 152.14M | 103.37M |
| OperatingExpense | 72.47M | 82.60M | 81.75M | 76.91M |
| OtherOperatingExpenses | 54.12M | 63.58M | 64.12M | 60.40M |
| OtherTaxes | 12.31M | |||
| SellingGeneralAndAdministration | 18.36M | 19.02M | 17.64M | 16.51M |
| GeneralAndAdministrativeExpense | 18.36M | 19.02M | 17.64M | 16.51M |
| OtherGandA | 18.36M | 19.02M | 17.64M | 16.51M |
| GrossProfit | 79.24M | 100.18M | 233.89M | 180.28M |
| CostOfRevenue | 114.65M | 120.58M | 125.18M | 104.92M |
| TotalRevenue | 193.89M | 220.76M | 359.06M | 285.20M |
| OperatingRevenue | 193.22M | 218.50M | 357.40M | 284.15M |
| Line Item | 2022-12-31 | |||
|---|---|---|---|---|
| PreferredSharesNumber | 222.45K | |||
| OrdinarySharesNumber | 16.46M | 16.46M | 16.34M | 16.27M |
| ShareIssued | 16.46M | 16.46M | 16.34M | 16.27M |
| NetDebt | 138.07M | 132.85M | 185.02M | 134.79M |
| TotalDebt | 165.87M | 197.88M | 226.10M | 188.46M |
| TangibleBookValue | 4.12M | 68.02M | 84.63M | 63.70M |
| InvestedCapital | 161.90M | 258.40M | 302.37M | 245.35M |
| WorkingCapital | -23.61M | -43.88M | -76.86M | -33.69M |
| NetTangibleAssets | 181.66M | 174.56M | 84.63M | 63.70M |
| CapitalLeaseObligations | 8.09M | 7.50M | 8.36M | 6.81M |
| CommonStockEquity | 4.12M | 68.02M | 84.63M | 63.70M |
| PreferredStockEquity | 177.53M | 106.53M | ||
| TotalCapitalization | 327.19M | 314.83M | 267.30M | 245.27M |
| TotalEquityGrossMinorityInterest | 181.66M | 174.56M | 84.63M | 63.70M |
| StockholdersEquity | 181.66M | 174.56M | 84.63M | 63.70M |
| RetainedEarnings | -284.88M | -252.99M | -249.94M | -268.48M |
| AdditionalPaidInCapital | 288.99M | 321.01M | 334.57M | 332.19M |
| CapitalStock | 177.54M | 106.54M | 2.00K | 2.00K |
| CommonStock | 2.00K | 2.00K | 2.00K | 2.00K |
| PreferredStock | 177.53M | 106.53M | 0.00 | |
| TotalLiabilitiesNetMinorityInterest | 249.39M | 310.78M | 400.73M | 326.56M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 171.73M | 176.37M | 235.71M | 204.96M |
| OtherNonCurrentLiabilities | 2.08M | 4.14M | 4.00M | |
| DerivativeProductLiabilities | 6.95M | 16.06M | 33.65M | 7.14M |
| LongTermDebtAndCapitalLeaseObligation | 145.62M | 140.77M | 182.68M | 181.92M |
| LongTermCapitalLeaseObligation | 84.00K | 490.00K | 0.00 | 352.00K |
| LongTermDebt | 145.53M | 140.28M | 182.68M | 181.56M |
| LongTermProvisions | 19.16M | 17.46M | 15.24M | 11.90M |
| CurrentLiabilities | 77.66M | 134.42M | 165.03M | 121.60M |
| OtherCurrentLiabilities | 12.33M | 17.19M | 29.29M | 58.32M |
| CurrentDebtAndCapitalLeaseObligation | 20.25M | 57.12M | 43.42M | 6.54M |
| CurrentCapitalLeaseObligation | 8.00M | 7.01M | 8.36M | 6.46M |
| CurrentDebt | 12.25M | 50.11M | 35.07M | 85.00K |
| OtherCurrentBorrowings | 12.25M | 50.11M | 35.07M | 85.00K |
| PensionandOtherPostRetirementBenefitPlansCurrent | 1.47M | 520.00K | 2.30M | 3.73M |
| CurrentProvisions | 225.00K | |||
| PayablesAndAccruedExpenses | 43.61M | 59.59M | 89.79M | 53.00M |
| CurrentAccruedExpenses | 8.13M | 15.68M | 20.07M | 4.92M |
| InterestPayable | 330.00K | 347.00K | 160.00K | 42.00K |
| Payables | 35.48M | 43.90M | 69.72M | 48.08M |
| OtherPayable | 19.82M | 18.99M | 26.80M | 22.76M |
| AccountsPayable | 15.66M | 24.91M | 42.92M | 25.32M |
| TotalAssets | 431.05M | 485.34M | 485.36M | 390.27M |
| TotalNonCurrentAssets | 377.00M | 394.80M | 397.19M | 302.35M |
| OtherNonCurrentAssets | 1.34M | 1.31M | 1.27M | 1.26M |
| NonCurrentAccountsReceivable | 15.06M | 1.01M | ||
| FinancialAssets | 4.05M | 4.88M | 5.38M | 2.52M |
| InvestmentsAndAdvances | 940.00K | 1.28M | 1.56M | 0.00 |
| LongTermEquityInvestment | 940.00K | 1.28M | 1.56M | 0.00 |
| InvestmentsinJointVenturesatCost | 940.00K | 1.28M | 1.56M | 0.00 |
| NetPPE | 370.67M | 372.27M | 388.99M | 297.57M |
| AccumulatedDepreciation | -499.73M | -447.79M | -392.00M | -340.81M |
| GrossPPE | 870.39M | 820.06M | 780.99M | 638.38M |
| OtherProperties | 5.12M | 5.67M | 4.79M | 4.19M |
| Properties | 865.28M | 814.39M | 776.21M | 634.19M |
| CurrentAssets | 54.05M | 90.54M | 88.17M | 87.91M |
| OtherCurrentAssets | 61.00K | 72.00K | 75.00K | 1.00K |
| HedgingAssetsCurrent | 6.97M | 8.99M | 16.24M | 1.38M |
| RestrictedCash | 440.00K | 435.00K | 431.00K | 1.89M |
| PrepaidAssets | 572.00K | 490.00K | 715.00K | 975.00K |
| Receivables | 26.30M | 23.02M | 37.97M | 36.81M |
| OtherReceivables | 1.38M | |||
| AccountsReceivable | 26.30M | 23.02M | 37.97M | 36.81M |
| CashCashEquivalentsAndShortTermInvestments | 19.71M | 57.53M | 32.73M | 46.86M |
| CashAndCashEquivalents | 19.71M | 57.53M | 32.73M | 46.86M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -29.34M | -28.85M | -47.82M | 15.64M |
| RepaymentOfDebt | -200.11M | -35.09M | -95.00K | -332.08M |
| IssuanceOfDebt | 162.00M | 0.00 | 35.20M | 374.00M |
| IssuanceOfCapitalStock | 38.78M | 94.61M | 0.00 | |
| CapitalExpenditure | -64.69M | -46.44M | -126.62M | -52.93M |
| InterestPaidSupplementalData | 22.32M | 28.71M | 19.93M | 8.48M |
| EndCashPosition | 19.80M | 57.62M | 32.82M | 48.36M |
| BeginningCashPosition | 57.62M | 32.82M | 48.36M | 4.29M |
| ChangesInCash | -37.82M | 24.80M | -15.54M | 44.06M |
| FinancingCashFlow | -7.73M | 59.06M | 31.79M | 27.41M |
| CashFlowFromContinuingFinancingActivities | -7.73M | 59.06M | 31.79M | 27.41M |
| NetOtherFinancingCharges | -8.40M | -455.00K | -3.32M | -14.51M |
| NetPreferredStockIssuance | 38.78M | 94.61M | 0.00 | |
| PreferredStockIssuance | 38.78M | 94.61M | 0.00 | |
| NetIssuancePaymentsOfDebt | -38.11M | -35.09M | 35.10M | 41.91M |
| NetLongTermDebtIssuance | -38.11M | -35.09M | 35.10M | 41.91M |
| LongTermDebtPayments | -200.11M | -35.09M | -95.00K | -332.08M |
| LongTermDebtIssuance | 162.00M | 0.00 | 35.20M | 374.00M |
| InvestingCashFlow | -65.44M | -51.84M | -126.13M | -51.91M |
| CashFlowFromContinuingInvestingActivities | -65.44M | -51.84M | -126.13M | -51.91M |
| NetOtherInvestingChanges | -7.76M | -10.33M | 163.00K | 68.00K |
| NetPPEPurchaseAndSale | 6.97M | 4.93M | 332.00K | 947.00K |
| SaleOfPPE | 7.01M | 4.93M | 332.00K | 947.00K |
| PurchaseOfPPE | -47.00K | 0.00 | 0.00 | |
| CapitalExpenditureReported | -64.65M | -46.44M | -126.62M | -52.93M |
| OperatingCashFlow | 35.35M | 17.59M | 78.80M | 68.57M |
| CashFlowFromContinuingOperatingActivities | 35.35M | 17.59M | 78.80M | 68.57M |
| ChangeInWorkingCapital | -5.79M | -19.16M | 19.28M | -3.15M |
| ChangeInPayablesAndAccruedExpense | -2.95M | -35.02M | 18.45M | 865.00K |
| ChangeInPrepaidAssets | -75.00K | 202.00K | 234.00K | 636.00K |
| ChangeInReceivables | -2.77M | 15.66M | 594.00K | -4.65M |
| ChangesInAccountReceivables | -2.77M | 15.66M | 594.00K | -4.65M |
| OtherNonCashItems | 6.74M | 7.97M | 4.63M | -188.00K |
| StockBasedCompensation | 152.00K | -1.07M | 2.21M | 2.01M |
| AssetImpairmentCharge | 18.51M | 0.00 | 0.00 | |
| DepreciationAmortizationDepletion | 52.93M | 56.62M | 51.91M | 45.41M |
| Depletion | 52.93M | 56.62M | 51.91M | 45.41M |
| OperatingGainsLosses | -5.31M | -23.73M | -17.77M | 52.80M |
| GainLossOnInvestmentSecurities | -12.80M | -23.73M | -17.77M | 54.75M |
| NetIncomeFromContinuingOperations | -31.88M | -3.05M | 18.54M | -28.32M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for BATL
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|