{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-008301","form_type":"8-K","ticker":"BATL","cik":"0001282648","company_name":"BATTALION OIL CORP","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.704900+00:00","generated_at":"2026-06-01T22:45:36.969308+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Battalion Oil posts Q1 net loss of $36.8M; revenue down 23% YoY to $49.9M","bullets":["Net loss available to common stockholders of $36.8M, or $2.24 per diluted share; adjusted net loss $17.1M ($1.04/share).","Revenue of $49.9M, down from $65.1M YoY; production fell to 12,989 Boe/d from 16,200 Boe/d.","Adjusted EBITDA plunged to $9.4M from $26.1M in Q1 2023, reflecting lower production and higher costs.","AGI project restarted; expects up to $2.0M/month in gas treating cost savings; two new wells with IPs >1,950 Boe/d.","Raised $40M in preferred equity (March and May 2024); used $17.3M to cut debt to $172.7M as of May 14."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-008301","json":"https://secwatch.observer/filing/0001558370-24-008301.json","markdown":"https://secwatch.observer/filing/0001558370-24-008301.md","text":"https://secwatch.observer/filing/0001558370-24-008301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1282648/000155837024008301/0001558370-24-008301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1282648/000155837024008301/batl-20240515x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:45:36.969308+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50dea2bb54e4557948c42b415beadf73e2629425","claim":"BATTALION OIL CORP reported the first quarter of 2024 results: revenue $49.9 million, net income a net loss available to common stockholders of $36.8 million, EPS a net loss of $2.24 per share available to common stockholders.","evidence_excerpt":"per month in gas treating costs. Results of Operations Average daily net production and total operating revenue during the first quarter of 2024 were 12,989 Boe/d (48% oil) and $49.9 million, respectively, as compared to production and revenue of 16,200 Boe/d (50% oil) and $65.1 million, respectively, during the first quarter of 2023. The decrease in revenues in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1282648/000155837024008301/0001558370-24-008301-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$49.9 million"},{"label":"Net income","value":"a net loss available to common stockholders of $36.8 million"},{"label":"EPS","value":"a net loss of $2.24 per share available to common stockholders"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}