Battalion Oil Corporation (BATL)

Battalion Oil Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	11.88	-31.88	-3.05	18.54	-28.32
Depreciation & Amortization	52.14	52.93	56.62	51.92	45.41
Stock-Based Compensation	-0.11	0.15	-1.07	2.21	2.01
Other Adjustments	-28.27	19.95	-15.75	-13.15	52.62
Change in Receivables	14.46	-2.77	15.66	0.59	-4.65
Changes in Accounts Payable	-11.11	-2.95	-35.63	18.46	0.87
Changes in Other Operating Activities	0.09	-0.08	0.2	0.23	0.64
Operating Cash Flow	39.09	35.36	17.59	78.8	68.57
Operating Cash Flow Growth	10.56%	101.01%	-77.68%	14.92%	36.61%
Capital Expenditures	-74.57	-64.65	-46.44	-126.63	-52.93
Sale of Property, Plant & Equipment	-	7.02	4.93	0.33	0.95
Payments for Business Acquisitions	-	-0.05	-	-	-
Other Investing Activities	-0.38	-7.76	-10.33	0.16	0.07
Investing Cash Flow	-74.95	-65.44	-51.85	-126.13	-51.91
Long-Term Debt Issued	63	162	-	35.2	374
Long-Term Debt Repaid	-16.97	-200.11	-35.09	-0.1	-332.09
Net Long-Term Debt Issued (Repaid)	46.03	-38.11	-35.09	35.11	41.92
Issuance of Preferred Stock	-	38.78	94.61	-	-
Net Preferred Stock Issued (Repurchased)	-	38.78	94.61	-	-
Other Financing Activities	-1.92	-8.4	-0.46	-3.32	-14.51
Financing Cash Flow	44.11	-7.73	59.06	31.79	27.41
Net Cash Flow	8.25	-37.82	24.8	-15.54	44.06
Free Cash Flow	-35.48	-29.29	-28.85	-47.82	15.64
FCF Margin	-21.37%	-15.11%	-13.07%	-13.32%	5.49%
Free Cash Flow Per Share	-2.16	-1.78	-1.75	-2.90	0.96
Levered Free Cash Flow	-24.24	-116.95	-75.43	-2.38	7.58
Unlevered Free Cash Flow	-40.08	-26.49	-7.66	96.12	97.36

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q