Key Points
- Director Gen Iv Investment Opportunitie sold 2,369,769 shares of Battalion Oil on March 25 at an average price of $5.82, a transaction worth about $13.79 million disclosed in an SEC filing.
- Battalion's stock opened at $6.27 (trading up 12.8%), with a 50‑day moving average of $7.87, 200‑day moving average of $3.50, a 12‑month range of $1.00–$29.70, and a market cap near $117.5 million.
- The company reported a quarterly loss of ($1.16) EPS on $2.98 million in revenue, with a reported net margin of 7.15% and a negative return on equity of -402.98%.
Battalion Oil Co. (NYSEAMERICAN:BATL - Get Free Report) Director Gen Iv Investment Opportunitie sold 2,369,769 shares of the company's stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $5.82, for a total value of $13,792,055.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Battalion Oil Trading Up 12.8%
NYSEAMERICAN BATL opened at $6.27 on Friday. The business's 50-day moving average price is $7.87 and its 200 day moving average price is $3.50. Battalion Oil Co. has a twelve month low of $1.00 and a twelve month high of $29.70. The company has a market capitalization of $117.50 million, a PE ratio of -2.81 and a beta of 0.57.
Battalion Oil (NYSEAMERICAN:BATL - Get Free Report) last posted its quarterly earnings results on Monday, March 23rd. The company reported ($1.16) EPS for the quarter. Battalion Oil had a net margin of 7.15% and a negative return on equity of 402.98%. The business had revenue of $2.98 million during the quarter.
Hedge Funds Weigh In On Battalion Oil
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC raised its stake in Battalion Oil by 40.8% during the third quarter. Citadel Advisors LLC now owns 35,173 shares of the company's stock worth $43,000 after purchasing an additional 10,189 shares during the period. Geode Capital Management LLC grew its stake in shares of Battalion Oil by 50.4% during the 4th quarter. Geode Capital Management LLC now owns 64,862 shares of the company's stock valued at $73,000 after buying an additional 21,737 shares during the period. Finally, XTX Topco Ltd increased its holdings in shares of Battalion Oil by 74.7% during the 4th quarter. XTX Topco Ltd now owns 31,627 shares of the company's stock worth $36,000 after buying an additional 13,523 shares during the last quarter. Institutional investors and hedge funds own 86.01% of the company's stock.
Battalion Oil Company Profile
(
Get Free Report)
Battalion Oil Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas assets in the United States. It holds interests in the Delaware Basin located in the counties of Pecos, Ward, Reeves, and Winkler, Texas. It serves independent marketers, and oil and natural gas and gas pipeline companies. The company was formerly known as Halcón Resources Corporation and changed its name to Battalion Oil Corporation in January 2020.
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