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Unless the context otherwise requires, all references in this report to Battalion, , the Company , our, us, and we refer to Battalion Oil Corporation and its subsidiaries, as a common entity. Battalion is the successor reporting company to Halc n Resources Corporation ( Halc n ).
The business is unprofitable at the operating level (-4.00% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 14.4% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$158M
▼ -14.4% YoY
Net Income (TTM)
-$51M
▲ +137.3% YoY
Op. Margin
-7.71%
▲ +2.1pp YoY
ROIC
-4.07%
▲ +1.5pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$28M
▲ +10.6% YoY
Net Debt
$113M
Cash & Equiv.
$46M
5Y CAGR: +2.3%
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