secwatch.observer — SEC 8-K summary
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Issuer:     BATTALION OIL CORP (BATL)
CIK:        0001282648
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001558370-22-017818
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Battalion Oil Q3 net income $105.9M, adj. EPS $0.24; lowers FY oil production guidance
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- Net income $105.9M ($6.42 diluted EPS); adjusted net income $4.0M ($0.24 diluted EPS).
- Revenue $99.1M vs $80.8M YoY; production 16,228 Boe/d (50% oil) vs 17,728 Boe/d YoY.
- Adjusted EBITDA $24.3M vs $23.0M YoY; realized hedge losses $34.5M in Q3.
- Revised FY2022 oil production guidance to 7.5–8.5 MBopd; capex reaffirmed $130-$150M.
- Term Loan amended to lower current ratio covenant; compliance achieved for Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282648/000155837022017818/0001558370-22-017818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282648/000155837022017818/batl-20221114x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-017818

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