Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
193.89M | 218.50M | 359.06M | 285.20M | 148.29M | Gross Profit |
148.62M | 102.92M | 252.37M | 192.60M | 40.42M | EBIT |
-11.74M | 17.58M | 152.14M | 103.37M | -44.11M | EBITDA |
50.05M | 86.89M | 94.05M | 25.11M | -161.02M | Net Income Common Stockholders |
-31.88M | -3.05M | -91.47M | -36.34M | -236.34M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
19.71M | 57.53M | 32.73M | 46.86M | 4.29M | Total Assets |
431.05M | 485.34M | 485.36M | 390.27M | 346.50M | Total Debt |
165.87M | 197.88M | 218.09M | 182.37M | 160.61M | Net Debt |
146.16M | 140.35M | 185.37M | 135.51M | 156.32M | Total Liabilities |
426.93M | 417.32M | 400.73M | 326.56M | 256.54M | Stockholders Equity |
4.12M | 68.02M | 84.63M | 63.70M | 89.96M |
Cash Flow | Free Cash Flow | |||
-29.34M | -28.85M | -47.82M | 15.64M | -51.70M | Operating Cash Flow |
35.35M | 17.59M | 78.80M | 68.57M | 50.20M | Investing Cash Flow |
-65.44M | -51.84M | -126.13M | -51.91M | -72.35M | Financing Cash Flow |
-7.73M | 59.06M | 31.79M | 27.41M | 16.18M |
In the first quarter of 2025, Battalion Oil Corporation reported sales volumes of 11,900 barrels of oil equivalent per day, with a 53% oil composition. The company continued its six-well drilling plan, completing four wells and progressing on the remaining two, while also achieving cost efficiencies. Despite a decrease in production and revenue compared to the previous year, Battalion managed to reduce gathering expenses due to increased facility operations and reported an adjusted EBITDA of $15.1 million. However, the company faced a net loss of $5.8 million, attributed to decreased production and increased operating expenses.