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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	182.85	193.22	218.51	357.4	284.15	146.78
Other Revenue	0.58	0.68	2.26	1.66	1.05	1.51
Revenue	183.42	193.89	220.76	359.06	285.21	148.29
Revenue Growth (YoY)	-4.21%	-12.17%	-38.52%	25.90%	92.33%	-34.00%
Cost of Revenue	96.63	104.61	115.59	118.9	107.6	101.83
Gross Profit	86.8	89.29	105.17	240.17	177.61	46.46
Selling, General & Admin	17.16	18.36	19.03	17.64	16.51	18.46
Other Operating Expenses	-14.1	8.93	-0.75	128.49	137.93	-28.7
Operating Expenses	76.27	98.72	74.9	198.04	199.85	51.81
Operating Income	10.53	-9.44	30.27	42.13	-22.25	-5.35
Interest Expense	-27.98	-29.01	-36.51	-23.59	-8.02	-6.63
Interest & Investment Income	2.12	2.12	1.24	-	-	-
Other Non Operating Income (Expenses)	0.7	1.93	1.95	-	-	-
EBT Excluding Unusual Items	-14.63	-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	-12.12	-31.88	-3.05	18.54	-28.32	-229.71
Net Income	-12.12	-31.88	-3.05	18.54	-28.32	-229.71
Preferred Dividends & Other Adjustments	43.05	32.22	12.05	-	-	-
Net Income to Common	-55.17	-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)	0.00%	0.10%	-0.42%	1.53%	0.35%	-86.86%
EPS (Basic)	-3.35	-3.90	-0.92	1.14	-1.74	-14.18
EPS (Diluted)	-3.36	-3.90	-0.92	1.12	-1.74	-14.18
Free Cash Flow	-24.84	-29.34	-28.85	-47.82	15.64	-51.7
Free Cash Flow Per Share	-1.51	-1.78	-1.75	-2.90	0.96	-3.19
Gross Margin	47.32%	46.05%	47.64%	66.89%	62.27%	31.33%
Operating Margin	5.74%	-4.87%	13.71%	11.73%	-7.80%	-3.61%
Profit Margin	-30.08%	-33.06%	-6.84%	5.16%	-9.93%	-154.91%
Free Cash Flow Margin	-13.54%	-15.13%	-13.07%	-13.32%	5.49%	-34.86%
EBITDA	65.22	43.49	86.9	94.05	23.16	56.71
EBITDA Margin	35.56%	22.43%	39.36%	26.19%	8.12%	38.24%
D&A For EBITDA	54.7	52.93	56.62	51.92	45.41	62.05
EBIT	10.53	-9.44	30.27	42.13	-22.25	-5.35
EBIT Margin	5.74%	-4.87%	13.71%	11.73%	-7.80%	-3.61%
Revenue as Reported	183.42	193.89	220.76	359.06	285.21	148.29

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q