Battalion OIL Corp income statement
In fiscal 2025, Battalion OIL Corp reported revenue of $166m, down 14.4% on the year before, operating income of −$6.6m (a -4.0% margin) and net income of $11.9m, or −$2.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2017Dec 2017 | 2018Dec 2018 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 87 | 111 | 105 | 248 | 1,000 | 1,148 | 550 | 378 | 227 | 148 | 285 | 359 | 221 | 194 | 166 | 163 |
| General and administrative | 17 | 18 | 21 | 111 | 132 | 117 | 88 | 111 | 62 | 18 | 17 | 18 | 19 | 18 | 15 | 16 |
| Operating income | −56 | 25 | 20 | −30 | −1,291 | −58 | −2,745 | 715 | 92 | −262 | 103 | 152 | 18 | −12 | −7 | −5 |
| Interest expense | 19 | 23 | 17 | — | — | — | — | — | — | — | 0 | 5 | 37 | 29 | 29 | 25 |
| Income before tax | −75 | 3 | 5 | −67 | −1,380 | 315 | −1,914 | 531 | 142 | −230 | −28 | 19 | −3 | −32 | 12 | −40 |
| Income tax | −16 | 1 | 7 | −13 | −158 | −1 | 9 | −5 | 96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −58 | 2 | −1 | −54 | −1,223 | 316 | −1,923 | 536 | 46 | −230 | −28 | 19 | −3 | −32 | 12 | −40 |
| Diluted EPS | −$45.20 | $1.80 | −$1.00 | −$18.20 | −$162.50 | $29.30 | −$186.60 | $36.50 | $2.90 | −$14.18 | −$1.74 | $1.12 | −$0.92 | −$3.90 | −$2.24 | −$1.67 |
| Diluted shares (average) | 1m | 1m | 1m | 8m | 8m | 11m | 11m | 13m | 16m | 16m | 16m | 17m | 16m | 16m | 16m | 24m |
| EBITDA | −24 | 52 | 41 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 50 | 47 | 43 | 43 | 32 | 39 | 48 |
| General and administrative | 4 | 7 | 4 | 3 | 3 | 5 | 4 | 4 |
| Operating income | 1 | −18 | 3 | −0 | 1 | −11 | −2 | 7 |
| Interest expense | 7 | 6 | 7 | 7 | 7 | 7 | 6 | 5 |
| Income before tax | 22 | −22 | 6 | 5 | −1 | 2 | −56 | 16 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 22 | −22 | 6 | 5 | −1 | 2 | −56 | 16 |
| Diluted EPS | $0.34 | −$1.88 | −$0.35 | −$0.21 | −$0.91 | −$0.76 | −$3.72 | $0.34 |
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