)
Battalion Oil (BATL) investor relations material
Battalion Oil Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on acquisition, production, exploration, and development of onshore oil and gas assets in the Delaware Basin, with a significant drilling inventory and recent asset transactions.
Achieved positive equity of $203.1 million at quarter end, with significant progress in operations and financial strength.
Monument Draw development advanced, with midstream expansion completed ahead of schedule and under budget, boosting gas throughput by 20%.
Entered into a new $162.5M term loan agreement with up to $175M additional discretionary capacity, extending maturity to December 2029 and reducing interest margin.
ATM equity program established, raising $30.3M in Q2 and $25M post-quarter, supporting debt reduction.
Financial highlights
Q2 2026 operating revenues were $48.1M, up from $42.8M in Q2 2025, driven by higher realized prices despite lower production.
Net income for Q2 2026 was $15.5M, compared to $4.8M in Q2 2025; net income available to common stockholders was $9.1M ($0.34/share); adjusted diluted net loss was $4.9M ($0.11/share).
Adjusted EBITDA for Q2 2026 was $12.3M, down from $18.1M in Q2 2025.
Lease operating expenses decreased to $8.14/Boe in Q2 2026 from $9.03/Boe in Q2 2025; lease operating and workover expense per Boe decreased by ~12% year-over-year to $8.89.
Cash and cash equivalents at quarter end were $83.1M, with total liquidity of $88.4M.
Outlook and guidance
Sufficient liquidity expected for the next 12 months, with $83.1M cash on hand and access to additional debt capacity.
Production growth expected from new drilling at Monument Draw, supported by increased compression capacity.
Plans to continue cost reduction, monitor market conditions, and consider further equity or asset sales if needed.
ATM program to be used judiciously for further balance sheet strengthening.
No required debt repayments until June 2027 under the new term loan agreement; scheduled principal amortization on term loan begins Q2 2027.
- Net loss of $56.5 million driven by derivative losses and lower prices, despite higher production.BATL
Q1 2026 - Annual meeting to elect directors, ratify auditor, and review governance, compensation, and ESG.BATL
Proxy filing - Director elections and auditor ratification headline the June 2026 annual meeting agenda.BATL
Proxy filing - Registering $375M in securities and 36.9M share resales, with proceeds for corporate use.BATL
Registration filing - Registering resale of 2.7M shares after $15M private placement; proceeds support general use.BATL
Registration filing - Q4 2025 net loss was $12.5M, with adjusted EBITDA of $13.4M amid lower production and revenues.BATL
Q4 2025 - Board recommends $7.00/share cash merger; major holders support; delisting if approved.BATL
Proxy Filing - Shareholders to vote on $7.00 per share cash merger; board and key holders support the deal.BATL
Proxy Filing - Shareholders to vote on $7.00 per share cash merger, with board recommending approval.BATL
Proxy Filing
Next Battalion Oil earnings date
Next Battalion Oil earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)