Welcome to our dedicated page for Battalion Oil SEC filings (Ticker: BATL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Battalion Oil Corporation filings document the public-company record for an independent oil and natural gas operator with common stock listed on the NYSE American. Current reports describe material agreements, completed asset acquisitions and dispositions, operating and financial results, gas treating and midstream arrangements, common-stock issuance programs, preferred-stock conversions, warrants, and other capital-structure matters.
Proxy materials cover annual stockholder voting, director elections, auditor ratification, board and committee governance, and executive compensation disclosures. The filing record also includes Regulation FD disclosures, non-GAAP financial measure reconciliations, and risk, liquidity, reserves, and operational context related to Battalion Oil's Delaware Basin asset base.
Luminus Management LLC’s affiliated Master Fund reported sizable net sales and conversions in Battalion Oil common stock and related instruments. On March 30, 2026, the Master Fund converted 7,803 Series A-2 Redeemable Convertible Preferred Shares into 1,800,000 common shares at a conversion price of $6.21 per share, then sold 681,105 common shares at a weighted average price of $5.59.
On March 31, 2026, the Master Fund sold 872,586 common shares at a weighted average price of $3.85 and 336,791 common shares at $4.33. It also sold cash-settled total return swap positions referencing 144,621 notional common shares at $13.78 per share, relinquishing that economic exposure. Following these transactions, the Master Fund’s indirect holdings were 2,006,508 common shares and 9,408 Series A-2 Preferred Shares.
Luminus Management, Luminus Energy Partners Master Fund and Jonathan Barrett report significant ownership in Battalion Oil Corp. They disclose beneficial ownership of 14,511,743 shares of common stock, representing 44.6% of the class, including shares issuable from several series of preferred stock.
On March 30, 2026, Battalion issued 1,800,000 common shares to the Master Fund upon conversion of 7,803 shares of Series A-2 Preferred Stock at a conversion price of $6.21 per share, reflecting adjustments for Unpaid Dividend Accrual. That day the Master Fund sold 681,105 common shares at a weighted average price of $5.57, and on March 31, 2026 it sold another 1,209,377 shares at a weighted average price of $4.03.
The filing bases ownership percentages on 18,256,563 common shares outstanding as of March 18, 2026 plus additional shares issuable from multiple preferred series. Luminus also reports having exited cash-settled total return swap positions referencing 144,621 notional shares, and expressly disclaims beneficial ownership of shares held by certain Voting Agreement Members.
Battalion Oil Corporation ownership update: Blackstone-related reporting persons state that Blackstone Annex Master Fund L.P. directly held 934,123 shares of Battalion Oil Corporation Common Stock as of March 25, 2026, representing 5.1% of the outstanding common stock. The Schedule 13G serves as an exit filing, and the Reporting Persons say they no longer beneficially own any shares as of the filing date.
Battalion Oil Corporation filed a Form 144 notice reporting proposed sales of 1,800,000 common shares tied to the conversion of 7,803 shares of Series A-2 Preferred Stock into common stock on 03/30/2026. The filing lists broker Height Securities LLC (doing business as Height Capital Markets) and shows selling activity by Luminus Management LLC on 03/30/2026 and 03/31/2026, with reported quantities of 681,105 and 1,027,775 common shares and corresponding gross proceeds of $3,793,705.38 and $4,116,011.98 respectively.
Battalion Oil Corporation converted preferred stock into additional common equity. On March 30, 2026, the company issued 1,800,000 shares of common stock to Luminus Energy Partners Master Fund, Ltd. after the conversion of 7,803 shares of its Series A-2 Redeemable Convertible Preferred Stock, using a conversion price of $6.21 per share and including adjustments for any Unpaid Dividend Accrual. The original Series A-2 Preferred Stock financing involved the company’s three largest shareholders, whose representatives held half of the board seats, and was approved by the board based on a recommendation from a special committee of disinterested directors. The new common shares were issued in a private transaction relying on the Section 4(a)(2) exemption from registration under the Securities Act of 1933.
Battalion Oil Corp senior vice president and general counsel Walter R. Mayer reported an open-market sale of company common stock. On March 27, 2026, he sold 4,777 shares at $6.00 per share, and after this transaction he directly owned 174 shares of common stock.
Height Securities, LLC d/b/a Height Capital Markets filed a Form 144 reporting a proposed sale of Common shares of BATL on OTCX. The filing lists 9,700,000.00 alongside other reported figures of 1,708,880 and 18,256,563 with a date of 03/30/2026.
The filing also notes 6,151,448 shares received on 10/08/2019 pursuant to a "Joint Prepackaged Plan of Reorganization of Halcon Resources Corp under Chapter 11 Bankruptcy Code."
Battalion Oil Corporation’s major shareholder group has updated its ownership and recent trading activity. Gen IV Investment Opportunities, LSP Generation IV, LSP Investment Advisors and Paul Segal now report beneficial ownership of 5,513,648 Battalion Oil common shares, representing 23.20% of the class based on 18,256,563 shares outstanding and shares issuable from multiple Series A preferred stock series.
The position consists entirely of common stock issuable upon conversion or redemption of Series A, A-1, A-2, A-3 and A-4 preferred shares; no common stock is held directly. On March 25, 2026 a reporting person sold 2,369,769 common shares at $5.8206 per share for an aggregate $13,793,477. On March 26, 2026 an entity over which Paul Segal has investment authority received an in‑kind distribution of 639,648 common shares and sold those shares at $5.9075 per share for an aggregate $3,778,721.
This amendment also adds Paul Segal as a reporting person and notes that, as President of Gen IV, he has authority to direct the disposition of shares held by Gen IV. The group states there were no other transactions in Battalion Oil common stock during the past 60 days apart from those described.
Gen IV Investment Opportunities, LLC, listed as a director and 10% owner of Battalion Oil, reported an open-market sale of 2,369,769 shares of Common Stock at an average price of $5.8206 per share.
Following this Form 4 transaction, Gen IV reported holding no Battalion Oil shares. Related filers LSP Generation IV, LSP Investment Advisors, and Paul Segal note they can direct voting and disposition of Gen IV’s shares but disclaim beneficial ownership beyond any pecuniary interest.
Luminus Management and affiliated funds report beneficial ownership of 16,402,225 Battalion Oil common shares, representing 50.4% of the class. This stake includes both shares already owned and shares issuable upon conversion or redemption of multiple series of preferred stock held by Luminus Energy Partners Master Fund.
The Master Fund effected an in-kind distribution of 5,200,000 Battalion Oil shares to its feeder funds and affiliates, which then distributed shares to investors holding illiquid certificates. Certificate holders entitled to 1,145,542 shares did not complete delivery requirements, so the Master Fund continues to hold these “Segregated Shares” with voting and disposition power but no economic interest, for the benefit of those investors.