Battalion Oil Corporation (BATL)

Battalion Oil Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	190.63	218.51	357.4	284.15	146.78	223.48
Other Revenue	0.85	2.26	1.66	1.05	1.51	1.21
Revenue	191.48	220.76	359.06	285.21	148.29	224.69
Revenue Growth (YoY)	-23.51%	-38.52%	25.90%	92.33%	-34.00%	-0.85%
Cost of Revenue	106.99	115.59	118.9	107.6	101.83	106.53
Gross Profit	84.49	105.17	240.17	177.61	46.46	118.16
Selling, General & Admin	16.72	19.03	17.64	16.51	18.46	51.16
Other Operating Expenses	-35.22	-0.75	128.49	137.93	-28.7	63.97
Operating Expenses	32.6	74.9	198.04	199.85	51.81	226.04
Operating Income	51.89	30.27	42.13	-22.25	-5.35	-107.88
Interest Expense	-26.83	-31.27	-23.59	-8.02	-6.63	-38.88
Other Non Operating Income (Expenses)	-2.05	-2.05	-	-	-	-
EBT Excluding Unusual Items	23.01	-3.05	18.54	-30.26	-11.98	-146.76
Merger & Restructuring Charges	-	-	-	-	-2.58	-16.32
Gain (Loss) on Sale of Assets	-	-	-	-	-	-3.11
Asset Writedown	-	-	-	-	-215.15	-985.19
Other Unusual Items	-	-	-	1.95	-	-110.92
Pretax Income	23.01	-3.05	18.54	-28.32	-229.71	-1,262
Income Tax Expense	-	-	-	-	-	-95.79
Net Income	23.01	-3.05	18.54	-28.32	-229.71	-1,167
Preferred Dividends & Other Adjustments	29.23	12.05	-	-	-	-
Net Income to Common	-6.23	-15.1	18.54	-28.32	-229.71	-1,167
Shares Outstanding (Basic)	16	16	16	16	16	123
Shares Outstanding (Diluted)	16	16	17	16	16	123
Shares Change (YoY)	0.27%	-0.42%	1.53%	0.35%	-86.86%	-21.58%
EPS (Basic)	-0.38	-0.92	1.14	-1.74	-14.18	-9.46
EPS (Diluted)	-0.38	-0.92	1.12	-1.74	-14.18	-9.46
Free Cash Flow	-26.26	-28.85	-47.82	15.64	-51.7	-324.96
Free Cash Flow Per Share	-1.60	-1.75	-2.90	0.96	-3.19	-2.63
Gross Margin	44.13%	47.64%	66.89%	62.27%	31.33%	52.59%
Operating Margin	27.10%	13.71%	11.73%	-7.80%	-3.61%	-48.01%
Profit Margin	-3.25%	-6.84%	5.16%	-9.93%	-154.91%	-519.18%
Free Cash Flow Margin	-13.71%	-13.07%	-13.32%	5.49%	-34.86%	-144.63%
EBITDA	103	86.9	94.05	23.16	56.71	3.03
EBITDA Margin	53.79%	39.36%	26.19%	8.12%	38.24%	1.35%
D&A For EBITDA	51.11	56.62	51.92	45.41	62.05	110.91
EBIT	51.89	30.27	42.13	-22.25	-5.35	-107.88
EBIT Margin	27.10%	13.71%	11.73%	-7.80%	-3.61%	-48.01%
Revenue as Reported	191.48	220.76	359.06	285.21	148.29	224.69

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q