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home / news releases / BATL - Battalion Oil: Hedges Will Hamper Its 2022 Results

BATL - Battalion Oil: Hedges Will Hamper Its 2022 Results

Battalion Oil Corp (New)
  • Battalion's hedges have approximately negative $220 million in total value at current strip.
  • Due to its hedges and spending on capex to ramp up production later in 2022, it is now projected to burn $43 million in cash during 2022.
  • It should be able to reduce its debt substantially in 2023 as it has fewer hedges and likely more production then.

For further details see:

Battalion Oil: Hedges Will Hamper Its 2022 Results
Stock Information
Company Name: Battalion Oil Corp (New)
Stock Symbol: BATL
Market: NYSE
Website: battalionoil.com
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