Battalion Oil Q2 FY26 net income swings to USD 15.51 million; revenue rises 12.42% to USD 48.13 million
Reuters2026/08/12 20:29By:Reuters
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- Battalion Oil posted net income available to common stockholders of USD 9.1 million, or USD 0.34 per share, in Q2 2026.
- Revenue rose 12.43% to USD 48.1 million from a year earlier, as sales volumes slipped to 12,407 Boe/d from 12,989 Boe/d.
- Adjusted EBITDA fell 32.13% to USD 12.3 million, while realized hedge losses totaled USD 7.8 million.
- Net debt declined to USD 74.2 million from USD 108.3 million in Q1 2026, with the leverage ratio improving to 1.36x from 1.79x.
- Drilling under a joint exploration and development agreement at Monument Draw is expected to start before the end of August 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Battalion Oil Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121628PRIMZONEFULLFEED9809045) on August 12, 2026, and is solely responsible for the information contained therein.
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