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Battalion Oil Corporation Announces Termination of Merger Agreement with Fury Resources, Inc. and Provides Operations Update
Newsfilter· 2024-12-20 14:00
Houston, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE:BATL) ("Battalion" or the "Company") announced today that it has terminated the previously disclosed Agreement and Plan of Merger (as amended, the "Merger Agreement") with Fury Resources, Inc. ("Buyer" or "Fury"). As of this morning, Fury was not able meet the obligations and close the transaction contemplated by the Merger Agreement. Over the past year, in order to facilitate the transaction, the Company and Fury entered into ...
Battalion Oil(BATL) - 2024 Q3 - Quarterly Report
2024-11-12 21:30
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35467 | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------|-- ...
Battalion Oil(BATL) - 2024 Q3 - Quarterly Results
2024-11-12 21:25
Exhibit 99.1 Battalion Oil Corporation Announces Third Quarter 2024 Financial and Operating Results HOUSTON, TEXAS – November 12, 2024 – Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced financial and operating results for the third quarter of 2024. Key Highlights ● AGI facility online and treated 1.7 Bcf for the third quarter 2024 ● Vermejo (a Monument Draw two-well pad) has been completed and is flowing back ● Next Monument Draw pad wells scheduled to spud prior ...
Battalion Oil Corporation Announces Third Quarter 2024 Financial and Operating Results
GlobeNewswire News Room· 2024-11-12 21:15
HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the third quarter of 2024. Key Highlights AGI facility online and treated 1.7 Bcf for the third quarter 2024Vermejo (a Monument Draw two-well pad) has been completed and is flowing backNext Monument Draw pad wells scheduled to spud prior to year-endGenerated third quarter 2024 sales volumes of 12,076 Boe/dAmended the previously announced ...
Gold Gains Over 1%; Battalion Oil Shares Spike Higher
Benzinga· 2024-09-20 16:39
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 0.2% on Friday.The Dow traded up 0.09% to 42,064.34 while the NASDAQ fell 0.25% to 17,969.11. The S&P 500 also fell, dropping, 0.22% to 5,701.29.Check This Out: Jim Cramer: Viking Therapeutics Has ‘Many Ships Coming In’Leading and Lagging SectorsUtilities shares jumped by 1.6% on Friday.In trading on Friday, industrials shares fell by 1%.Top HeadlineLennar Corporation LEN reported better-than-expected financial resu ...
Top 2 Energy Stocks That May Collapse In Q3
Benzinga· 2024-09-20 11:56
As of Sept. 20, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzi ...
Battalion Oil Corporation Announces Amendment to Merger Agreement with Fury Resources, Inc.
GlobeNewswire News Room· 2024-09-19 20:45
Houston, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it has entered into an amendment to the previously disclosed Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or “Parent”), pursuant to which Parent has agreed to acquire all of the outstanding shares of Common Stock of the Company (the “Common Stock”) for $7.00 per share in cash, without interest (the “Merg ...
Battalion Oil (BATL) Earnings & Revenues Decline Y/Y in Q2
ZACKS· 2024-08-16 17:51
Battalion Oil Corporation (BATL) faced challenges in second-quarter 2024, with the company's financial results reflecting ongoing pressures from declining production and lower natural gas prices.Despite these hurdles, BATL has managed to control costs effectively, supported by the operationalization of its new acid gas injection facility. As the company navigates these difficult conditions, its strategic initiatives, including a significant drilling campaign and ongoing merger discussions with Fury Resource ...
Battalion Oil(BATL) - 2024 Q2 - Quarterly Report
2024-08-14 20:34
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35467 | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------|------- ...
Battalion Oil(BATL) - 2024 Q2 - Quarterly Results
2024-08-14 20:31
Exhibit 99.1 Battalion Oil Corporation Announces Second Quarter 2024 Financial and Operating Results HOUSTON, TEXAS – August 14, 2024 – Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced financial and operating results for the second quarter of 2024. Key Highlights ● AGI facility online and treated 1.82 Bcf for the second quarter 2024 reducing operating expenses by $4.26/Boe compared to the first quarter 2024 ● On August 12, 2024, the AGI facility processed 26.6 MM ...