BATL / Battalion Oil: Acid Gas Treatment JV Helps Improve Its Cost Structure

Battalion Oil Corporation (BATL) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compar more_horizontal

Battalion Oil Corporation (BATL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate r more_horizontal

Investors should allocate money to companies whose operations are directly correlated with oil prices. Oceaneering (OII), Ecopetrol (EC) and Battalion more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Battalion's acid gas injection project is online and Battalion believes the cost savings could be up to $2.5 million per month after full ramp up. It more_horizontal

Battalion Oil Corporation (BATL) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $1.02. This compares to loss more_horizontal

Battalion recently issued $25 million in preferred shares, with a PIK dividend rate of 16% per year. It also had (at the end of 2022) $235 million in more_horizontal

Battalion Oil Corporation (BATL) delivered earnings and revenue surprises of 72.88% and 42.91%, respectively, for the quarter ended December 2022. Do more_horizontal