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Battalion Oil Corporation - $BATL STOCK NEWS

Welcome to our dedicated page for Battalion Oil Corporation news (Ticker: $BATL), a resource for investors and traders seeking the latest updates and insights on Battalion Oil Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Battalion Oil Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Battalion Oil Corporation's position in the market.

News
Battalion Oil Corporation Announces Fourth Quarter 2023 Financial and Operating Results
Rhea-AI Summary
Battalion Oil (BATL) announced financial results for Q4 2023, highlighting increased acreage, successful drilling operations, and positive production outcomes. The company raised preferred equity to support its drilling program and is progressing towards a merger with Fury Resources. Despite a decrease in revenue and production compared to Q4 2022, Battalion remains optimistic about its operational performance and cost management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.83%
Tags
earnings
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News
Battalion Oil in Compliance with NYSE American Listing Standards
Rhea-AI Summary
Battalion Oil Corporation (BATL) receives notice of compliance with NYSE American listing standards after holding 2023 Annual Meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
Battalion Oil Corporation Announces Operations and Financial Update
Rhea-AI Summary
Battalion Oil Corporation (BATL) announces financial and operating updates, including the completion of AGI well, drilling and completions operations in Monument Draw, liquidity and balance sheet details, and updates on the merger with Fury Resources Inc. The company has $61MM cash on hand and an equity commitment of $20MM. The merger with Fury is anticipated to close in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
Tags
none
News
Battalion Oil Corporation Receives Notice of Non-Compliance From NYSE American
Rhea-AI Summary
Battalion Oil Corporation (NYSE American: BATL) received notice of non-compliance with NYSE American's listing standards due to the absence of an annual stockholders' meeting in 2023. The company aims to regain compliance by holding the meeting on February 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
none
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News
Battalion Oil Corporation Announces Acquisition By Fury Resources, Inc.
Rhea-AI Summary
Battalion Oil Corporation (NYSE American: BATL) has entered into a Merger Agreement with Fury Resources, Inc. for a total transaction value of approximately $450 million, with the transaction expected to close in the first quarter of 2024. The acquisition represents a return to the Delaware Basin for the Buyer's team, including Battalion’s former CEO Richard Little, and offers opportunities through a joint venture with Caracara. Several major shareholders have agreed to reinvest proceeds from the sale into the ongoing business, reflecting confidence in the asset's development and profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
81.8%
Tags
acquisition
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News
Battalion Oil Corporation Announces Third Quarter 2023 Financial and Operating Results
Rhea-AI Summary
Battalion Oil Corporation (NYSE American: BATL) announced financial and operating results for Q3 2023, highlighting sales volumes, drilling operations, and preferred equity raise. Management comments on drilling operations and acid gas injection project. Results of operations show average daily net production, revenue, and expenses. The company reported a net loss and adjusted EBITDA for the quarter. Liquidity and balance sheet details are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
Tags
earnings
News
Battalion Oil Corporation Announces Second Quarter 2023 Financial and Operating Results
Rhea-AI Summary
Battalion Oil Corporation announced Q2 2023 results with sales volumes of 14,253 Boe/d. Net loss of $4.7 million and Adjusted EBITDA of $16.8 million. Acid gas injection project expected online before year end. Decrease in revenues due to lower average realized prices. Company obtained commitment letter for $38 million preferred equity securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.79%
Tags
earnings
-
News
Battalion Oil Corporation Announces First Quarter 2023 Financial and Operating Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.94%
Tags
earnings
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News
Battalion Announces Appointment of New Chief Executive Officer and Director
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.21%
Tags
management
News
Battalion Oil Corporation Announces Fourth Quarter 2022 Financial and Operating Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
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none
Stock BATL logo
Battalion Oil Corporation

NYSE:BATL

BATL Rankings

#4368 Ranked by Market Cap
#4740 Ranked by Stock Gains
N/A Ranked by Dividends

BATL Stock Data

90.35M
6.12M
1.28%
92.17%
0.58%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About BATL

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.