BATL News and Press, Battalion Oil Corp (New) From 03/30/23

HOUSTON, March 30, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the fourth quarter 2022. Key Highlights Generated full year 2022 sales volumes ...

2023-03-17 19:45:36 ET Crude oil closed with the worst weekly loss in nearly three years, as the failure of Silicon Valley Bank and troubles at Credit Suisse chased nervous investors out of risky assets. Front-month Nymex crude ( CL1:COM ) for April delivery closed -12.9% fo...

Summary Battalion Oil Corp. is a $160 million market cap company built from the assets of the former Halcon Resources, which went through bankruptcy in 2019. Its net long-term (and high-cost) debt of $179 million on September 30, 2022, outweighs its current market capitalization of $160...

Summary Battalion's adjusted EBITDA should improve significantly in 2023. It is likely to end up with far lower realized hedging losses, and its gathering and other expenses will be reduced by its acid gas treating facility. Battalion will also need to decide on its 2023 development...

Battalion Oil ( NYSE: BATL ) appointed Kristen McWatters as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective January 26, replacing Kevin Andrews, who plans to pursue other opportunities. Andrews will continue with the Company in an advisory ...

HOUSTON, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSEA: BATL, “Battalion” or the “Company”) today announced the appointment of Kristen McWatters as Executive Vice President, Chief Financial Officer and Treasurer of the Company effective January 26,...

Battalion Oil Corporation (BATL) Q3 2022 Results Conference Call November 16, 2022 11:00 AM ET Company Participants Chris Lang - Manager, Finance Richard Little - Chief Executive Officer Daniel Rohling - Chief Operating Officer Kevin Andrews - Chief Financial...

Battalion Oil press release ( NYSE: BATL ): Q3 Non-GAAP EPS of $0.24 beats by $0.05 . Revenue of $99.15M (+22.7% Y/Y) beats by $37.71M . New volumes from 2022 capital program driving production growth – ~8% increase in average daily production over secon...

HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the third quarter 2022. Key Highlights New volumes from 2022 capital program...

Summary Battalion Oil reported that its first five wells from its 2022 development program exceeded expectations for initial production rates. Battalion is attempting to grow oil production so that it has more unhedged barrels. Hedges are a major negative for Battalion, but it...