Battalion Oil Corporation Announces Second Quarter 2026 Financial and Operating Results
Battalion Oil returned to positive equity of $203.1 million in Q2 2026, a major financial turnaround driven by ATM proceeds and asset sales that reduced net debt to $74.2 million. The company reported revenue of $48.1 million and GAAP net income of $0.34 per share, while lowering its leverage ratio to 1.36x and completing a refinancing to cut borrowing costs.
Key figures
- Eps
- 0.34
- Revenue
- 48100000
- Net debt
- 74200000
- Leverage ratio
- 1.36x
- Adjusted ebitda
- 12300000
- Atm proceeds q2
- 30300000
- Positive equity
- 203100000
- Avg production boepd
- 12407
- Atm proceeds subsequent
- 25600000
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