Battalion Oil

BATL

Market cap $33.5M

Houston, Texas, May 28, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced the execution of definitive documentation formalizing the previously announced Joint Development Agreement (“JDA”) in Monument Draw. Key Highlights Executed definitive JDA for up to an eight-well Monument Draw program (located in Ward County, Texas), providing for an accretive carry structure to Battalion while accelerating development of core inventory Initial development will focus on a four-well pad scheduled to commence drilling in late Q2/early Q3 2026 Development targets the 3rd Bone Spring, Wolfcamp A, and Wolfcamp B formations in Monument Draw, building on the Company's recently announced expansion of sour gas compression capacity Expected to prove out over 100 additional drilling locations in the Wolfcamp B and 3rd Bone Spring formations Development transitions the Company's operations to cube development across its primary benches, mirroring the successful co-development approach demonstrated by offset operators in the area and designed to maximize recovery and capital efficiency across the stacked-pay column Battalion will operate the wells and retain a majority working interest in the program Separately, the Company continues to negotiate an accretive refinance of long-term debt and an oil transport and marketing partnership to further enhance the corporate benefit of this transaction Management Comments The Company has executed a definitive JDA to jointly fund the development of up to an eight-well program in Monument Draw, located in Ward County, Texas.

HOUSTON, May 13, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the first quarter of 2026. Key Highlights The Company ended the quarter with positive equity of $157.1 million.

Houston, Texas, May 05, 2026 (GLOBE NEWSWIRE) --  Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced the execution of a letter of intent (“LOI”) with an unaffiliated industry partner outlining the key terms of a Joint Development Agreement (“JDA”). Key Highlights Executed a LOI with an unaffiliated industry partner contemplating a JDA for an up to eight-well Monument Draw program (located in Ward County, Texas) that would provide shared capital and an accretive carry to Battalion while accelerating development of core inventory Battalion would continue to operate the wells and retain a majority working interest in the program Development targets the 3rd Bone Spring, Wolfcamp A, and Wolfcamp B formations in Monument Draw, building on the Company's recently announced expansion of sour gas compression capacity in Monument Draw This drilling program is expected to deliver very attractive returns and prove out extensive additional drilling locations Development transitions Battalion's operations to cube development across its primary benches, mirroring the successful co-development approach demonstrated by offset operators in the area and designed to maximize recovery and capital efficiency across the stacked-pay column This is a key step in our progress toward a multi-year drilling program to generate significant shareholder value Separately, the Company is also negotiating an accretive refinance of long-term debt and an oil transport and marketing partnership to further enhance the corporate benefit of this JDA Management Comments Battalion has executed an LOI with an unaffiliated industry partner contemplating a JDA to jointly fund the development of an up to eight-well program in Monument Draw, located in Ward County, Texas.

Houston, Texas, April 29, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced a substantial increase in compression capacity, facilitating current production and, more importantly, future development. Key Highlights Contractually secured additional compression capacity Executed a long-term contract to provide 50% additional compression capacity in Monument Draw Facilities are expected to be online in early Q3 2026, allowing maximum production capability from Monument Draw and debottlenecking future drilling inventory Current well economics return 80%+ IRR at recently hedged commodity prices and current well costs Management Comments Battalion has entered a new long-term contract for an additional 50% sour gas compression capacity across its Ward and Winkler County assets, increasing flow capacity from 35 MMcfd to over 50 MMcfd.

The operational data on Battalion Oil (NYSE American:BATL) tells a different story than the headlines suggest.

Houston, Texas, April 15, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced record operating results. Key Highlights Completed midstream projects at the Monument Draw central production facility in Ward County ahead of schedule and approximately 8% under budget Production throughput increased 20.3% following project completion Most recently drilled well pad achieved record oil and equivalent production on a per-lateral-foot basis Management Comments Battalion recently completed multiple midstream projects in the Monument Draw area ahead of schedule and approximately 8% under budgeted costs.

SAN DIEGO, April 09, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Battalion Oil Corporation (NYSE: BATL). The investigation focuses on Battalion's executive officers and whether investor losses may be recovered under federal securities laws.

Battalion Oil (BATL) is pushing aggressively to the upside on April 2nd as oil prices charged higher again after Trump warned the US could hit Iran “extremely hard” in the days ahead. With Iranian and Middle Eastern supply constantly under threat investors are flocking to US-based producers that have recently increased their capacity.

Battalion is an independent oil and gas company focused on liquids-rich assets in the Delaware Basin, so the stock tends to be highly sensitive to changes in oil-price expectations.

Battalion reported an adjusted fourth-quarter loss of $1.16 per share, compared with a loss of 4 cents per share in the same period last year. Revenue fell 35% year over year to $32.27 million from $49.65 million.