Battalion Oil Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-50.62	11.88	-31.88	-3.05	18.54	-28.32
Depreciation & Amortization	51.43	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	33.18	-28.27	19.95	-15.75	-13.15	52.62
Change in Receivables	1.6	14.46	-2.77	15.66	0.59	-4.65
Changes in Accounts Payable	-8.85	-11.11	-2.95	-35.63	18.46	0.87
Changes in Other Operating Activities	0.66	0.09	-0.08	0.2	0.23	0.64
Operating Cash Flow	28.46	39.09	35.36	17.59	78.8	68.57
Operating Cash Flow Growth	-35.56%	10.56%	101.01%	-77.68%	14.92%	36.61%
Capital Expenditures	-58.38	-74.57	-64.65	-46.44	-126.63	-52.93
Sale of Property, Plant & Equipment	60.06	-	7.02	4.93	0.33	0.95
Payments for Business Acquisitions	-	-	-0.05	-	-	-
Other Investing Activities	-0.08	-0.38	-7.76	-10.33	0.16	0.07
Investing Cash Flow	1.6	-74.95	-65.44	-51.85	-126.13	-51.91
Long-Term Debt Issued	-	63	162	-	35.2	374
Long-Term Debt Repaid	-62.58	-16.97	-200.11	-35.09	-0.1	-332.09
Net Long-Term Debt Issued (Repaid)	-62.58	46.03	-38.11	-35.09	35.11	41.92
Issuance of Common Stock	14.03	-	-	-	-	-
Net Common Stock Issued (Repurchased)	14.03	-	-	-	-	-
Issuance of Preferred Stock	-	-	38.78	94.61	-	-
Net Preferred Stock Issued (Repurchased)	-	-	38.78	94.61	-	-
Other Financing Activities	-2.71	-1.92	-8.4	-0.46	-3.32	-14.51
Financing Cash Flow	-49.39	44.11	-7.73	59.06	31.79	27.41
Net Cash Flow	-19.33	8.25	-37.82	24.8	-15.54	44.06
Free Cash Flow	-29.91	-35.48	-29.29	-28.85	-47.82	15.64
FCF Margin	-18.96%	-21.37%	-15.11%	-13.07%	-13.32%	5.49%
Free Cash Flow Per Share	-1.79	-2.16	-1.78	-1.75	-2.90	0.96
Levered Free Cash Flow	-173.56	-24.24	-116.95	-75.43	-2.38	7.58
Unlevered Free Cash Flow	-27.31	-40.08	-26.49	-7.66	96.12	97.36

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q