Battalion Oil Corporation (BATL)

Battalion Oil Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	191.07	193.22	218.51	357.4	284.15	146.78
Other Revenue	0.43	0.68	2.26	1.66	1.05	1.51
Revenue	191.5	193.89	220.76	359.06	285.21	148.29
Revenue Growth (YoY)	-6.81%	-12.17%	-38.52%	25.90%	92.33%	-34.00%
Cost of Revenue	98.64	104.61	115.59	118.9	107.6	101.83
Gross Profit	92.86	89.29	105.17	240.17	177.61	46.46
Selling, General & Admin	18.7	18.36	19.03	17.64	16.51	18.46
Other Operating Expenses	-24.75	8.93	-0.75	128.49	137.93	-28.7
Operating Expenses	65.44	98.72	74.9	198.04	199.85	51.81
Operating Income	27.42	-9.44	30.27	42.13	-22.25	-5.35
Interest Expense	-27.81	-29.01	-36.51	-23.59	-8.02	-6.63
Interest & Investment Income	2	2.12	1.24	-	-	-
Other Non Operating Income (Expenses)	1.22	1.93	1.95	-	-	-
EBT Excluding Unusual Items	2.83	-34.39	-3.05	18.54	-30.26	-11.98
Merger & Restructuring Charges	10	10	-	-	-	-2.58
Asset Writedown	-	-	-	-	-	-215.15
Other Unusual Items	-7.49	-7.49	-	-	1.95	-
Pretax Income	5.34	-31.88	-3.05	18.54	-28.32	-229.71
Net Income	5.34	-31.88	-3.05	18.54	-28.32	-229.71
Preferred Dividends & Other Adjustments	38.41	32.22	12.05	-	-	-
Net Income to Common	-33.06	-64.1	-15.1	18.54	-28.32	-229.71
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	17	16	16
Shares Change (YoY)	-	0.10%	-0.42%	1.53%	0.35%	-86.86%
EPS (Basic)	-2.01	-3.90	-0.92	1.14	-1.74	-14.18
EPS (Diluted)	-2.01	-3.90	-0.92	1.12	-1.74	-14.18
Free Cash Flow	-15.72	-29.34	-28.85	-47.82	15.64	-51.7
Free Cash Flow Per Share	-0.95	-1.78	-1.75	-2.90	0.96	-3.19
Gross Margin	48.49%	46.05%	47.64%	66.89%	62.27%	31.33%
Operating Margin	14.32%	-4.87%	13.71%	11.73%	-7.80%	-3.61%
Profit Margin	-17.27%	-33.06%	-6.84%	5.16%	-9.93%	-154.91%
Free Cash Flow Margin	-8.21%	-15.13%	-13.07%	-13.32%	5.49%	-34.86%
EBITDA	80.4	43.49	86.9	94.05	23.16	56.71
EBITDA Margin	41.98%	22.43%	39.36%	26.19%	8.12%	38.24%
D&A For EBITDA	52.98	52.93	56.62	51.92	45.41	62.05
EBIT	27.42	-9.44	30.27	42.13	-22.25	-5.35
EBIT Margin	14.32%	-4.87%	13.71%	11.73%	-7.80%	-3.61%
Revenue as Reported	191.5	193.89	220.76	359.06	285.21	148.29

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q