Battalion Oil Corporation (BATL)

From the record

Battalion Oil Corporation's filings since 2017 show 12 warning events of 5 kinds: a bankruptcy or receivership notice (8-K item 1.03, 2 times, the latest 2019-09-26); a debt default or acceleration notice (8-K item 2.04, the latest 2019-08-07); a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2026-09-16); an auditor change (8-K item 4.01, the latest 2026-06-30); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2023-11-14) (its current reports).

From the record

Battalion Oil Corporation's 10 filed years say what it did: revenue went from $1.1 billion in fiscal 2014 to $166 million in fiscal 2025, down 16.1% a year; it rose in 2 of 9 years; the deepest fall was 87% from fiscal 2014 to fiscal 2020; net income was positive in 5 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Battalion Oil Corporation's diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 12 sales and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $110 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Battalion Oil Corporation's shareholders' equity was below zero, so the profit on it is not read. Leverage: it owed about 107 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

From the record

Battalion Oil Corporation's standing among 76 graded names in its industry family: revenue of $166 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of 7.2% ranks in the bottom 47%; revenue growth of -22.7% a year over the last 3 filed years ranks in the bottom 3% (its annual reports).

From the record

Battalion Oil Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Steele, Matthew (Chief Executive Officer, as filed), filing under that title since 2023-04-12, 3.6 years (top 43% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 6.2 years (top 44%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Battalion Oil Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $28 million against debt of $181 million leaves -33.2% of its assets as net cash, bottom 13% of its family; cash from operations less capital spending is 23.5% of revenue (top 50%) (its annual report).

From the record

Battalion Oil Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -22.7% a year over the last three filed years against -16.1% over all 10, slowing (top 30% of its family); the newest year grew -14.4% (bottom 17%); capital spending grew 300.1% a year (top 1%) (its annual reports). Battalion Oil Corporation reported 3 product lines in fiscal 2025: Oil at $143 million (87%), Natural Gas Liquids Reserves at $18 million (11%), Natural Gas at $4 million (2%); 0 of 2 grew against the year before (its annual report).

From the record

Battalion Oil Corporation's newest year against its own record: revenue of $166 million in fiscal 2025 came in 16.5% above the $143 million its prior three years' pace pointed to (top 40% of its family); net income of $12 million against a prior three-year average of $5 million (top 2%); a net margin of 7.2% against -4.2% before (top 8%) (its annual reports).