---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-019121"
form_type: "8-K"
ticker: "BATL"
cik: "0001282648"
company_name: "BATTALION OIL CORP"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:03:47.556829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Battalion Oil Q3 net loss $57.7M, revenue falls to $54.1M

## Summary
- Net loss available to common $57.7M ($3.50/share); adjusted net loss $12.0M ($0.72/share).
- Sales volumes 12,717 Boe/d (46% oil), revenue $54.1M, down from $99.1M YoY on lower prices.
- Executed $38M preferred equity raise in Sept, obtained commitments for additional $55M in Nov.
- Recommenced drilling in Monument Draw; two-well pad expected online early 2024.
- Debt $210.2M, cash $42.6M; exploring strategic alternatives.

## SEC filing metadata
- accession: 0001558370-23-019121
- form_type: 8-K
- ticker: BATL
- cik: 0001282648
- company_name: BATTALION OIL CORP
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282648/000155837023019121/0001558370-23-019121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282648/000155837023019121/batl-20231115x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-019121
- JSON: https://secwatch.observer/filing/0001558370-23-019121.json
- Plain text: https://secwatch.observer/filing/0001558370-23-019121.txt

## Key facts
- Earnings Releases
  BATTALION OIL CORP reported third quarter of 2023 results: revenue $54.1 million, net income net loss available to common stockholders of $57.7 million, EPS net loss of $3.50 per share available to common stockholders.
  - Period: third quarter of 2023
  - Revenue: $54.1 million
  - Net income: net loss available to common stockholders of $57.7 million
  - EPS: net loss of $3.50 per share available to common stockholders
  - Result: reported results
  source text: Average daily net production and total operating revenue during the third quarter of 2023 were 12,717 Boe/d (46% oil) and $54.1 million, respectively, as compared to production and revenue of 16,228 Boe/d (50% oil) and $99.1 million, respectively, during the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282648/000155837023019121/0001558370-23-019121-index.htm

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