# Battalion Oil Corp: overview

BATL · NYSE · CIK 1282648 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/batl.md) · [Financials](/companies/batl/financials.md) · [Filings](/companies/batl/filings.md) · [Insiders](/companies/batl/insiders.md)

Latest reported revenue: [$48.0m](/filings/0001104659-26-094946.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 12, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-094946).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [45.1](/filings/0001104659-25-111422.md) | [49.5 d](/filings/0001104659-26-033373.md) | [47.4](/filings/0001104659-26-060327.md) | [42.6](/filings/0001104659-26-094946.md) | [43.4](/filings/0001104659-25-111422.md) | [31.6 d](/filings/0001104659-26-033373.md) | [39.1](/filings/0001104659-26-060327.md) | [48.0](/filings/0001104659-26-094946.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [2.3%](/filings/0001104659-25-111422.md) | [(36.2%) d](/filings/0001104659-26-033373.md) | [7.2%](/filings/0001104659-26-060327.md) | [(0.4%)](/filings/0001104659-26-094946.md) | [1.9%](/filings/0001104659-25-111422.md) | [(33.8%) d](/filings/0001104659-26-033373.md) | [(5.5%)](/filings/0001104659-26-060327.md) | [14.1%](/filings/0001104659-26-094946.md) |
| Net margin | % | [48.0%](/filings/0001104659-25-111422.md) | [(44.9%) d](/filings/0001104659-25-111422.md) | [12.7%](/filings/0001104659-26-094946.md) | [11.3%](/filings/0001104659-26-094946.md) | [(1.7%)](/filings/0001104659-26-094946.md) | [5.7% d](/filings/0001104659-26-094946.md) | [(144.6%)](/filings/0001104659-26-094946.md) | [32.3%](/filings/0001104659-26-094946.md) |
| Diluted EPS | $ per share | [0.34](/filings/0001104659-25-111422.md) | not reported | [(0.35)](/filings/0001104659-26-060327.md) | [(0.21)](/filings/0001104659-26-094946.md) | [(0.91)](/filings/0001104659-25-111422.md) | not reported | [(3.72)](/filings/0001104659-26-060327.md) | [0.34](/filings/0001104659-26-094946.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [284](/filings/0001558370-23-005138.md) | [357](/filings/0001558370-24-004422.md) | [219](/filings/0001558370-25-004183.md) | [193](/filings/0001104659-26-033373.md) | [165](/filings/0001104659-26-033373.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [36.4%](/filings/0001558370-23-005138.md) | [42.6%](/filings/0001558370-24-004422.md) | [8.0%](/filings/0001558370-25-004183.md) | [(6.1%)](/filings/0001104659-26-033373.md) | [(4.0%)](/filings/0001104659-26-033373.md) |
| Net margin | % | [(10.0%)](/filings/0001558370-23-005138.md) | [5.2%](/filings/0001558370-24-004422.md) | [(1.4%)](/filings/0001558370-25-004183.md) | [(16.5%)](/filings/0001104659-26-033373.md) | [7.2%](/filings/0001104659-26-033373.md) |
| Diluted EPS | $ per share | [(1.74)](/filings/0001558370-23-005138.md) | [1.12](/filings/0001558370-24-004422.md) | [(0.92)](/filings/0001558370-25-004183.md) | [(3.90)](/filings/0001104659-26-033373.md) | [(2.24)](/filings/0001104659-26-033373.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/batl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [OAKTREE CAPITAL MANAGEMENT LP](/funds/949509.md) | 2026-06-30 | $3.9m | 3,009,912 |  | Unchanged |
| [LUMINUS MANAGEMENT LLC](/funds/1279151.md) | 2026-06-30 | $1.4m | 1,069,455 |  | Reduced −937,053 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $977.3k | 746,048 |  | Added +559,382 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $915.4k | 698,754 |  | Added +386,781 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $420.1k | 320,704 |  | Added +320,654 |
| [Utah Retirement Systems](/funds/1548392.md) | 2026-06-30 | $248.7k | 189,842 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $153.7k | 117,245 |  | Added +26,763 |
| [HighTower Advisors, LLC](/funds/1462245.md) | 2026-06-30 | $131.1k | 100,066 |  | New +100,066 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $97.2k | 74,201 |  | Added +35,751 |
| [OSAIC HOLDINGS, INC.](/funds/1677044.md) | 2026-06-30 | $47.4k | 36,215 |  | Added +25,432 |

## Recent filings

[All 1,344 filings](/companies/batl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-01 | 12:30 ET | [8-K](/filings/0001104659-26-112594.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-112594 |
| 2026-09-30 | 12:30 ET | [8-K](/filings/0001104659-26-112126.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-112126 |
| 2026-09-16 | 21:21 ET | [8-K](/filings/0001104659-26-108320.md) | 3.01 Delisting notice | 0001104659-26-108320 |
| 2026-08-12 | 20:40 ET | [10-Q](/filings/0001104659-26-094946.md) | Quarterly report, period 2026-06-30 | 0001104659-26-094946 |
| 2026-08-12 | 20:37 ET | [8-K](/filings/0001104659-26-094942.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-094942 |
| 2026-08-07 | 23:05 ET | [SCHEDULE 13D/A](/filings/0001104659-26-092824.md) | Ownership report, active investor, amended | 0001104659-26-092824 |
| 2026-08-07 | 21:17 ET | [8-K](/filings/0001104659-26-092788.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001104659-26-092788 |
| 2026-07-01 | 12:38 ET | [8-K](/filings/0001104659-26-079612.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-079612 |
| 2026-06-30 | 21:05 ET | [8-K](/filings/0001104659-26-079393.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001104659-26-079393 |
| 2026-06-18 | 21:20 ET | [8-K](/filings/0001104659-26-075869.md) | 5.02 Departure or appointment of officers or directors | 0001104659-26-075869 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-033373.md), filed Mar 23, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/9eb0fc34-651a-4f74-8957-18fac9c87cab)

## About the filer

- CIK: 1282648
- Tickers: BATL
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:36 ET. No prices; not investment advice.
