BATL Stock Recent News

Battalion Oil Corporation (BATL) delivered earnings and revenue surprises of 72.88% and 42.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

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 reduced its oil production guidance for 2022 by approximately 750 barrels per day, while maintaining its total production guidance. The lower than expected oil cut reduces its projected 2022 cash flow by around $15 million.

Battalion Oil Corporation (NYSE: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 Officer Conference Call Participants Operator Welcome to the Battalion Oil Q3 2022 Earnings Call. As a reminder, today's conference is being recorded.

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.

Battalion Oil Corporation develops oil and gas assets in the United States. I believe that most financial advisors only assessed the valuation of future production of oil and gas, and forgot to check the joint venture.

Supply concerns on the international front caused the price of oil to rise.

Although 2022 hasn't gotten off to the start bullish investors were hoping for, the red ink does open the door for the best stocks under $20 to buy now. As many prominent financial advisors have mentioned, the silver lining in any bearish cycle is the chance to acquire high-potential companies at a discount, something that may not be available if the equities sector was in a frenzy.

Battalion has entered into a JV agreement with Caracara Services to develop an acid gas treatment and carbon sequestration facility. This is expected to reduce Battalion's gathering and other costs by approximately $3 per BOE starting in early 2023.

Battalion Oil Corporation (NYSE:BATL ) Q1 2022 Earnings Conference Call May 10, 2021 11:00 AM ET Company Participants Chris Lang - Manager, Finance Richard Little - Chief Executive Officer Daniel Rohling - Chief Operating Officer Kevin Andrews - Chief Financial Officer Conference Call Participants Jeff Robertson - Water Tower Research Operator Good day ladies and gentlemen and welcome to the Battalion Oil Q1 2022 Earnings Call. As a reminder, today's conference is being recorded.