BATTALION OIL CORP
Battalion Oil Corporation (NYSE American: BATL) is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The company operates primarily in the Delaware Basin, where it maintains working interests in… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What BATTALION OIL CORP does
In the company’s own words
Battalion Oil Corporation (NYSE American: BATL) is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. The company operates primarily in the Delaware Basin, where it maintains working interests in approximately 39,968 net acres located in Pecos, Reeves, Ward and Winkler Counties, Texas. Battalion is the successor reporting company to Halcón Resources Corporation.
The company's primary operational focus centers on developing its multi-zone resource play in the Delaware Basin, with principal targets in the Wolfcamp and Bone Spring formations. These formations are characterized by high oil and liquids-rich natural gas content in thick, continuous sections of source rock that provide repeatable drilling opportunities and significant initial production rates. As of December 31, 2025, Battalion operated 82 producing wells with minor working interests in 22 non-operated wells. The company's average daily net production for 2025 was 12,096 barrels of oil equivalent per day.
As of December 31, 2025, Battalion's estimated total proved oil and natural gas reserves were approximately 59.7 million barrels of oil equivalent, consisting of 31.8 million barrels of oil, 11.6 million barrels of natural gas liquids and 97.5 billion cubic feet of natural gas. Approximately 60 percent of proved reserves were classified as proved developed, with the company maintaining operational control of 99.8 percent of its proved reserves.
The company employs a risk management strategy utilizing derivative instruments including fixed-price swaps, costless collars, basis swaps and WTI NYMEX roll agreements to hedge commodity price exposure. Under its credit agreement, Battalion is required to hedge approximately 85 to 50 percent of anticipated oil and natural gas production, respectively, on a rolling four-year basis.
In February 2026, Battalion completed the sale of its West Quito Assets for $60.1 million in net proceeds. Subsequently, the company acquired 7,090 net acres in Ward County, Texas through an all-stock transaction and completed a private placement equity offering raising $15.0 million in gross proceeds. The company's website is www.battalionoil.com.
Company details
- Sector
- Energy
- Industry
- Oil & Gas Extraction
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1282648
- SIC
- 1311
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns BATTALION OIL CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · BATTALION OIL CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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