secwatch.observer — SEC 8-K summary
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Issuer:     BATTALION OIL CORP (BATL)
CIK:        0001282648
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001558370-24-012247
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Battalion Oil Q2 2024 net loss $8.7M; Fury merger offer reduced to $7.00/share
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- Q2 2024 revenue $49.1M, down from $54.3M YoY; production 12,857 Boe/d.
- Net loss available to common $8.7M ($0.53/share); adjusted net loss $13.2M ($0.80/share).
- Adjusted EBITDA $15.6M vs $16.8M in Q2 2023; AGI facility reduced operating costs.
- Fury Resources proposed cutting merger consideration from $9.80 to $7.00/share.
- Proposal contingent on 100% rollover of existing preferred equity; Board reviewing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282648/000155837024012247/0001558370-24-012247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282648/000155837024012247/batl-20240814x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-012247

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