---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005109"
form_type: "8-K"
ticker: "BATL"
cik: "0001282648"
company_name: "BATTALION OIL CORP"
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T08:58:23.405823+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Battalion Oil Q4 2022 net loss $7.7M; production 15,696 Boe/d

## Summary
- Net loss to common stockholders $7.7M ($0.47/sh); adjusted net loss $2.6M ($0.16/sh).
- Q4 2022 production 15,696 Boe/d (51% oil), revenue $76.8M, vs 17,283 Boe/d and $84.5M in Q4 2021.
- Year-end 2022 proved reserves 92.0 MMBoe (54% oil, 50% developed); standardized measure $1.5B.
- Issued 25,000 shares of redeemable convertible preferred stock in March 2023 for $24.4M net proceeds.
- Hedge book: weighted average crude oil swap strike $69.17 in 2023, 36% increase over 2022 average.

## SEC filing metadata
- accession: 0001558370-23-005109
- form_type: 8-K
- ticker: BATL
- cik: 0001282648
- company_name: BATTALION OIL CORP
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282648/000155837023005109/0001558370-23-005109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282648/000155837023005109/batl-20230330x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005109
- JSON: https://secwatch.observer/filing/0001558370-23-005109.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005109.txt

## Key facts
- Earnings Releases
  BATTALION OIL CORP reported fourth quarter 2022 results: revenue $76.8 million, net income net loss to common stockholders $7.7 million, EPS net loss per diluted share $0.47.
  - Period: fourth quarter 2022
  - Revenue: $76.8 million
  - Net income: net loss to common stockholders $7.7 million
  - EPS: net loss per diluted share $0.47
  - Result: reported results
  source text: of our balance sheet.” ​ 1 ​ Results of Operations Average daily net production and total operating revenue during the fourth quarter 2022 were 15,696 Boe/d (51% oil) and $76.8 million, respectively, as compared to production and revenue of 17,283 Boe/d (50% oil) and $84.5 million, respectively, during the fourth quarter 2021. The decrease in revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282648/000155837023005109/0001558370-23-005109-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.