Download PDF

1. Company Snapshot

1.a. Company Description

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, 2021, the company held interests in 40,400 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 95.9 million barrels of oil equivalent comprising 58.7 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 125.0 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 founded in 1987 and is headquartered in Houston, Texas.

Show Full description

1.b. Last Insights on BATL

Battalion Oil Corporation's recent performance was negatively impacted by the termination of its merger agreement with Fury Resources, Inc. on December 20, 2024. This abrupt end to the deal likely disrupted the company's strategic plans and investor expectations. Additionally, the recent appointment of a new Chairman, Richard Little, and the addition of a new Board member, Bo Boyd, to Permex Petroleum Corporation, a rival company, may indicate industry dynamics and potential competition, further adding to the uncertainty surrounding Battalion's operations.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

Battalion Oil Corporation Announces Third Quarter 2025 Financial and Operating Results

Nov -13

Source: globenewswire.com

Card image cap

Battalion Oil Corporation Announces Acceptance of Compliance Plan by NYSE American

Aug -25

Source: globenewswire.com

Card image cap

Battalion Oil Corporation Announces Second Quarter 2025 Financial and Operating Results

Aug -14

Source: globenewswire.com

Card image cap

These 3 stocks are up 150% as Israel-Iran war triggers massive buying

Jun -16

Source: finbold.com

Card image cap

Battalion Oil Corporation Announces First Quarter 2025 Financial and Operating Results

May -14

Source: globenewswire.com

Card image cap

Battalion Oil Corporation Announces Fourth Quarter 2024 Financial and Operating Results

Mar -31

Source: globenewswire.com

Card image cap

Permex Appoints Richard Little as Chairman, Adds Bo Boyd to The Board of Directors

Dec -30

Source: newsfilecorp.com

Card image cap

Battalion Oil Corporation Announces Termination of Merger Agreement with Fury Resources, Inc. and Provides Operations Update

Dec -20

Source: globenewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.67%)

6. Segments

Oil

Expected Growth: 4.65%

Battalion Oil Corporation's 4.65% growth is driven by increasing demand for oil, successful drilling operations in the Permian Basin, and strategic acquisitions. Additionally, the company's focus on cost reduction and operational efficiency has led to improved margins, further contributing to its growth.

Natural Gas Liquids

Expected Growth: 4.65%

Battalion Oil Corporation's 4.65% growth in Natural Gas Liquids is driven by increasing demand from petrochemicals and refining industries, coupled with strategic acquisitions and expansion of existing assets. Additionally, improved operational efficiencies and favorable pricing environment contribute to the growth.

Natural Gas

Expected Growth: 4.65%

Battalion Oil Corporation's 4.65% growth in Natural Gas is driven by increasing demand from power generation and industrial sectors, coupled with improved drilling efficiency and cost reductions. Additionally, strategic acquisitions and expansion into new basins have contributed to the growth, along with favorable weather conditions and rising LNG exports.

Other

Expected Growth: 7.4%

Battalion Oil Corporation's 7.4% growth is driven by increasing crude oil prices, successful drilling operations in the Permian Basin, and strategic acquisitions. Additionally, the company's focus on cost reduction and operational efficiency has led to improved margins. Furthermore, the increasing demand for oil and gas, coupled with the company's strong balance sheet, has enabled Battalion Oil to invest in growth initiatives, driving its overall growth.

7. Detailed Products

Crude Oil

Battalion Oil Corporation's crude oil is a type of unrefined petroleum product that is extracted from the earth and refined into various petroleum products such as gasoline, diesel fuel, and jet fuel.

Natural Gas

Battalion Oil Corporation's natural gas is a type of fossil fuel that is composed primarily of methane and is used as a clean-burning fuel for power generation, industrial processes, and heating.

Natural Gas Liquids (NGLs)

Battalion Oil Corporation's NGLs are a group of hydrocarbons that are extracted from natural gas and are used as a feedstock for the production of plastics, fertilizers, and other petrochemicals.

Crude Oil Exploration and Production Services

Battalion Oil Corporation's crude oil exploration and production services provide expertise and resources for the exploration, development, and production of crude oil reserves.

Well Intervention Services

Battalion Oil Corporation's well intervention services provide a range of services to optimize well performance, including well logging, perforation, and stimulation.

8. Battalion Oil Corporation's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Battalion Oil Corporation is moderate due to the availability of alternative energy sources such as solar and wind power.

Bargaining Power Of Customers

The bargaining power of customers is low due to the lack of negotiating power and the high switching costs.

Bargaining Power Of Suppliers

The bargaining power of suppliers is high due to the concentration of suppliers and the high switching costs.

Threat Of New Entrants

The threat of new entrants is low due to the high barriers to entry and the significant capital requirements.

Intensity Of Rivalry

The intensity of rivalry is high due to the high competition in the oil and gas industry and the high stakes involved.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 81.39%
Debt Cost 9.77%
Equity Weight 18.61%
Equity Cost 9.77%
WACC 9.77%
Leverage 437.38%

11. Quality Control: Battalion Oil Corporation passed 1 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Tellurian

A-Score: 3.7/10

Value: 7.0

Growth: 6.1

Quality: 3.5

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

View Full Report
Stock-Card
W&T Offshore

A-Score: 3.4/10

Value: 7.4

Growth: 1.1

Quality: 4.4

Yield: 2.0

Momentum: 3.0

Volatility: 2.3

1-Year Total Return ->

View Full Report
Stock-Card
Vivakor

A-Score: 3.3/10

Value: 9.8

Growth: 6.4

Quality: 3.6

Yield: 0.0

Momentum: 0.0

Volatility: 0.0

1-Year Total Return ->

View Full Report
Stock-Card
Empire Petroleum

A-Score: 3.3/10

Value: 7.4

Growth: 5.3

Quality: 2.9

Yield: 0.0

Momentum: 2.0

Volatility: 2.0

1-Year Total Return ->

View Full Report
Stock-Card
Battalion Oil

A-Score: 2.8/10

Value: 9.7

Growth: 3.1

Quality: 3.7

Yield: 0.0

Momentum: 0.0

Volatility: 0.3

1-Year Total Return ->

View Full Report
Stock-Card
USE

A-Score: 2.6/10

Value: 7.8

Growth: 2.2

Quality: 2.3

Yield: 0.0

Momentum: 2.5

Volatility: 0.7

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1.2$

Current Price

1.2$

Potential

-0.00%

Expected Cash-Flows