Battalion Oil Corporation (BATL)

Battalion Oil Income Statement

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

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

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

SEC Filings: 10-K · 10-Q