Battalion OIL Corp. BATL

What this company does

Battalion Oil Corporation is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the U.S. As of December 31, 2025, its working interests totaled 39,968 net acres in the Delaware Basin, located in Pecos, Reeves, Ward and Winkler Counties, Texas. As of December 31, 2025, it had 82 operated wells producing in the Delaware Basin, along with minor working interests in 22 non-operated wells, and its average daily net production for the year was 12,096 Boe/d. At December 31, 2025, its estimated total proved oil and natural gas reserves were approximately 59.7 MMBoe, consisting of 31.8 MMBbls of oil, 11.6 MMBbls of NGLs and 97.5 Bcf of natural gas, as prepared by its independent reserve engineering firm, Netherland, Sewell & Associates, Inc. In 2025, two purchasers of its production, Western Refining Company L.P. and Sunoco Inc., together accounted for 86% of its total sales for the year. As of December 31, 2025, the company had 40 full-time employees. Battalion is the successor reporting company to Halcón Resources Corporation.

Written from the business description in BATTALION OIL CORP's annual report to the U.S. Securities and Exchange Commission, filed 23 March 2026. Every sentence was checked against that document before publication.