General information

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 Halcón 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.
  • Dividend yield for the last twelve months 0.0%
  • Free cash flow yield 10.0% (LTM)
  • Share price is 308.4% higher than minimum and 56.6% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (18.5x vs
    )
  • For the last 3 months insiders bought company shares on $0.1 mln (0.039% of cap.)

Key Financials (Download financials)

Ticker: BATL
Share price, USD:  (-5.1%)9.19
year average price 13.60  


year start price 13.40 2021-07-01

min close price 7.67 2021-09-16

max close price 21.17 2022-02-03

current price 9.19 2022-06-30
Common stocks: 16 268 000

Dividend Yield:  0.0%
FCF Yield LTM: 10.0%
EV / LTM EBITDA: 18.5x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 150
Net Debt ($m): 147
EV (Enterprise Value): 297
EBITDA LTM ($m): 16
EV / LTM EBITDA: 18.5x
Price to Book: -5.17x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF / Free Cash Flow ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 50% percentile

Potential dynamics

News


2022-05-31Seeking Alpha

Battalion Oil: Acid Gas Treatment JV Helps Improve Its Cost Structure

2022-05-11Seeking Alpha

Battalion Oil Corporation (BATL) CEO Richard Little on Q1 2022 Results - Earnings Call Transcript

2022-05-05GlobeNewsWire

Battalion Oil Corporation Announces First Quarter 2022 Earnings Release and Conference Call Schedule

2022-04-27Seeking Alpha

Battalion Oil: Hedges Will Hamper Its 2022 Results

2022-03-08Seeking Alpha

Battalion Oil Corporation (BATL) CEO Richard Little on Q4 2021 Results - Earnings Call Transcript

2022-02-11Seeking Alpha

Battalion Oil: Aiming For Quick Well Paybacks In Monument Draw

2021-11-09Seeking Alpha

Battalion Oil Corporation (BATL) CEO Richard Little on Q3 2021 Results - Earnings Call Transcript

2021-08-10Seeking Alpha

Battalion Oil Corporation (BATL) CEO Richard Little on Q2 2021 Results - Earnings Call Transcript

2021-08-09GlobeNewsWire

Battalion Oil Corporation Announces Second Quarter 2021 Results
More information for subscribed users:
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