Battalion Oil (BATL) Earnings & Revenues Decline Y/Y in Q2

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 ...