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. as of december 31, 2019, the company held interests in 52,368 net acres in the delaware basin located in the counties of pecos, reeves, ward, and winkler, texas. it also had estimated proved reserves of approximately 62.1 million barrels of oil equivalent comprising 39.2 million barrels of crude oil, 10.8 million barrels of natural gas liquids, and 72.3 billion cubic feet of natural gas. the company was formerly known as halcã³n resources corporation and changed its name to battalion oil corporation in january 2020. battalion oil corporation was incorporated in 2004 and is headquartered in houston, texas.
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 Energy Holdings, LLC. • Battalion Oil Management, Inc. • Halcón Energy • Halcón Field Services, LLC • Halcón Holdings, LLC • Halcón Operating Co., Inc. • Halcón Permian, LLC • Wink Amine Treater Holdings, LLC ...
IRS number
200700684
BATL stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
17 Apr 24
8-K
Entry into a Material Definitive Agreement
17 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
8-K
Other Events
11 Apr 24
SC 13E3/A
Going private transaction (amended)
8 Apr 24
PRER14A
Preliminary revised proxy
8 Apr 24
10-K
2023 FY
Annual report
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
8-K
Battalion Oil Corporation Announces Fourth Quarter 2023 Financial and Operating Results
29 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
Transcripts
BATL
Earnings call transcript
2022 Q3
16 Nov 22
BATL
Earnings call transcript
2022 Q2
9 Aug 22
BATL
Earnings call transcript
2022 Q1
12 May 22
BATL
Earnings call transcript
2022 Q1
10 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
2021 Q1
18 May 21
BATL
Earnings call transcript
2020 Q4
9 Mar 21
BATL
Earnings call transcript
2020 Q3
10 Nov 20
Latest ownership filings
4
Change in insider ownership
29 Mar 24
SC 13D/A
Brookfield Oaktree Holdings, LLC
29 Mar 24
SC 13D/A
LUMINUS MANAGEMENT LLC
29 Mar 24
4
Jonathan Dan Barrett
29 Mar 24
SC 13D/A
Gen IV Investment Opportunities, LLC
29 Mar 24
4
Change in insider ownership
29 Mar 24
SC 13G/A
GOLDMAN SACHS GROUP INC
2 Feb 24
4
Jonathan Dan Barrett
19 Dec 23
4
Change in insider ownership
19 Dec 23
4
Change in insider ownership
19 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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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) | 42.68 mm | 42.68 mm | 42.68 mm | 42.68 mm | 42.68 mm | 42.68 mm |
Cash burn (monthly) | (no burn) | (no burn) | 17.93 mm | 927.25 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 121.93 mm | 6.30 mm | n/a | n/a |
Cash remaining | n/a | n/a | -79.25 mm | 36.38 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -4.4 | 39.2 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
27 Mar 24 | Oaktree Capital | Series A-3 Redeemable Convertible Preferred Stock Common Stock | Grant | Acquire A | Yes | No | 0 | 6,376 | 0.00 | 6,376 |
27 Mar 24 | Luminus Management | Series A-3 Redeemable Convertible Preferred Stock Common Stock | Grant | Acquire A | Yes | No | 0 | 9,835 | 0.00 | 9,835 |
27 Mar 24 | Gen IV Investment Opportunities | Series A-3 Redeemable Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 0 | 3,789 | 0.00 | 3,789 |
15 Dec 23 | Gen IV Investment Opportunities | Series A-2 Redeemable Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 0 | 6,630 | 0.00 | 6,630 |
15 Dec 23 | Oaktree Capital | Series A-2 Redeemable Convertible Preferred Stock Common Stock | Grant | Acquire A | Yes | No | 0 | 11,159 | 0.00 | 11,159 |
Press releases
Battalion Oil Corporation Announces Fourth Quarter 2023 Financial and Operating Results
29 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates INBX, BATL, KAMN
5 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates KAMN, CTLT, BATL
27 Feb 24
INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger - BATL, AVRO, AXNX, JNPR
26 Feb 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AXNX, KAMN, BATL, JNPR
24 Feb 24